Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.
'Breaking out of the corner into which China has painted itself would be a feat.' 'Whether Xi is able to pull it off will be known in the coming days,' says B S Raghavan, the distinguished civil servant and member of the Joint Intelligence Committee at the time of China's invasion of India.
The Chinese technical hold was set to lapse on Monday, and had China not raised further objection, the resolution designating Azhar as a terrorist could stand passed automatically. The hold has been extended for another six months.
Pentagon has sought direct dialogue between India and China 'free of any coercive aspects'.
'Washington senses that the anchor sheet of India's strategic autonomy lies in its longstanding partnership with Russia, which remains firm and immutable despite the changes in world politics in the post-Cold War era,' notes Ambassador M K Bhadrakumar.<
Seshasayee has been an independent director on the company's board since January 2011.
China on Thursday said its stand on blocking India against UN action on Pakistan was based on "facts" and in the spirit of "objectiveness and fairness".
Foreign Secretary S Jaishankar gave this information to the Parliamentary Committee on Exernal Affairs.
As Xi is due to arrive in Goa on Saturday to take part in the BRICS Summit, Chinese foreign ministry spokesperson Geng Shuang said the relations between India and China made "great headway" despite some "disputes" but there was no change in in Beijing's stand on the issues of NSG and Azhar.
The leaders discussed other topical issues before the United Nations during the ongoing 69th Session of the General Assembly.
Modi is believed to have signed on Ashok's appointment file before he left for Brazil to attend BRICS Summit, an oil ministry official said in New Delhi.
The Chinese Communist Party's all important 19th Party Congress is just months away, and President Xi Jinping finds himself confronting unlikely challenges to his pre-eminent position, says former RA&W officer and China watcher Jayadeva Ranade.
"Both India and China are victims of terrorism and the region was suffering from the menace. The prime minister said no country is immune from terrorism and on this issue, we cannot afford to have any differences," MEA spokesperson Vikas Swarup told reporters after the meeting.
Modi was expected to arrive in Wuhan in the evening on April 26 and join Xi in the informal summit at a picturesque location the next day.
China and India on Wednesday held their upgraded strategic dialogue to shore up bilateral ties amid hectic parleys to resolve differences over Beijing's reluctance to support India's bid for Nuclear Suppliers Group membership as well as a United Nations ban on JeM chief Masood Azhar.
'The mood in Beijing is already nervous and feverously watchful.' 'Developments in China will be scrutinised as intensely and nervously as the ones in Washington,' says Claude Smadja.
Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.
Chinese astronauts Jing Haipeng, 50, and Chen Dong, 37, were blasted off into space by Shenzhou-11 (heavenly vessel) spacecraft.
'The new order cometh, sweeping out the old,' notes Ambassador B S Prakash.
'Given the sharp increase in oil prices, a mounting problem for the 2nd and 4th largest importers like China and India -- the Qingdao meeting is likely to push for the large energy producers (Russia and the Central Asian Republics) and energy consumers (China and India) to arrive at some understanding for mutually beneficial outcomes,' notes Srikanth Kondapalli.
The coal-bearing states shall be getting additional revenue from such coal mines.
A day after BRICS (Brazil, Russia, India, China and South Africa) nations agreed on a $100-billion foreign currency reserve pool to tackle the volatile foreign exchange markets, India on Friday said the pool would act as a buffer arrangement, adding it might not withdraw anything from this reserve.
'That the two sides allowed such a situation to arise exposed the level of inaction and inefficiency in China-India border management.' 'The Modi-Xi meeting in Xiamen initiated a process to to avert such contingencies in the future.'
In the first secretary-level appointments by the Narendra Modi government, Rakesh Garg was on Sunday named the new telecom secretary while Jugal Kishore Mohapatra is to be secretary in the fertilizers ministry.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
'Does it mean that we are witnessing the end of an era?' 'Probably not, but the post-Trump trade war has certainly brought a lot of instability in China,' notes Claude Arpi.
Prime Minister Narendra Modi has "strongly" and "clearly" conveyed concerns to Chinese President Xi Jinping over Beijing blocking a proposal for action by the United Nations against Pakistan on the release of jailed Mumbai attack mastermind Zaki-ur-Rehman Lakhvi, with India rejecting the "weak evidence" theory propounded by Beijing in this regard.
India and China met and spoke a lot this year, but failed to produce any meaningful results.
Putin, 62, who holds an 8th dan black belt in Karate, said, "I do not know how to do yoga. When you people do it, it looks difficult. That is why I have not tried it."
India Inc has too much on its plate to ensure double digit growth in FY16.
Despite a temporary relief, foreign investors still see the sword of double-taxation hanging above their hard earned returns.
As India rises, creating niche areas for itself in the Asian landscape, China and India are bound to step on each other's vital areas of importance, says Srikanth Kondapalli.
'There is no difference between the earlier government and the present government.' 'They are all following the economic policy based on the Chicago School of thought.' 'This school of thought says the government should have very little role in governing the country and the majority of the work should be handed over to the private sector.' 'This has not succeeded in the US.' 'Yet, it is being tried here by people like Arvind Subramaniam, Arvind Panagariya, Urjit Patel and Raghuram Rajan.'
'There is no Buddha or Gandhi among countries, existing for the service of others; they all exist for the good of themselves.' 'For each country, its own interests should be paramount, and it is futile and churlish to expect China to be an exception to this rule,' says B S Raghavan, the distinguished civil servant and long-time China-watcher.
Modi is practical person... If he comes in, he will revive the economy and create jobs, says Sanjay Suri.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
21st century may have witnessed expansion of higher educational institutions, but who can afford it? Sushree Panigrahi & Jeet Singh look at the numbers.
The readouts by the Indian and Chinese sides on the meeting on Monday between External Affairs Minister Sushma Swaraj and her Chinese counterpart Wang Yi in Moscow bring out that divergences are crowding into the centrestage of their relationship, says Ambassador M K Bhadrakumar.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.
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