The board has decided to expand into all financial services for the rural population. SKS would, however, continue to be a strong player in the microfinance business. Financial inclusion would continue to be in the centre of our activities.
'If I talk about my parents' sacrifices, this conversation will never end,' says Lieutenant Loveneet Singh.
'Unemployment barely figures in the Budget except as a derived demand from the industry and infrastructure.' 'There is no effort at direct attack on unemployment.'
It will be unfair to put a date for any COVID wave as the behaviour of coronavirus is unpredictable and a disciplined and effective pandemic response can help the country get away from any significant outbreak, COVID Task Force chief V K Paul said.
Patra, as executive director of the central bank, was the principal advisor to the Monetary Policy Department since July 2012.
It has invested $2 billion and spent $200 million on its R&D centre in Bengaluru, the largest such centre outside China where some core technologies are under development.
If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.
This beauty queen's story will inspire you.
The study suggested tax rebates for high-end technology companies that set up research and development centres in India.
'The outlook for private investment, which has been such a weak link for India for so long, remains challenging.'
In the Union Budget presented in Parliament by Finance Minister Nirmala Sitharaman, a total of Rs 1,52,369 crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware.
Economist Jessica Seddon Wallack says many opportunities exist outside the government, but the government must make sure people are ready and able to seize these opportunities.
According to a nation-wide survey on financial behaviour, India has the highest account dormancy rate even more than countries like Kenya, Tanzania, Uganda, Nigeria, India, Pakistan and Bangladesh.
BPO revenues in India is likely to touch Rs 8500 crores according to a survey by CyberMedia's Dataquest.
The guidelines by an expert committee, set up for revising the academic calendar in view of the COVID-19 pandemic, have been accepted by the UGC and accordingly universities have been recommended a six-day teaching learning schedule every week.
International commercial property markets have reacted to the increased uncertainty in the global economy in late 2011 and early 2012 with varying degrees of resilience.
India's lack of financial inclusion is well known but that slightly more than 50 per cent of the population just has a simple savings bank account is distressing.
Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).
By 2022, there is a plan to make an mRNA-technology vaccine, for which it has tied up with Canadian firm Providence Therapeutics.
Mumbai, India's financial capital, is set for a mega transformation with a massive patch of land opening up for redevelopment; a new metro railway ready to start services by the year-end; and the country's oldest railway station, the Chhatrapati Shivaji Terminus, going for modernisation with private sector participation. Work on Mumbai's second airport will start from next month, while construction of the sea link connecting central Mumbai to Navi Mumbai has already moved into a fast lane despite Covid-induced lockdowns. Also, a coastal road project, connecting Nariman Point to Worli, is under way and will help decongest the city to quite an extent. Of all these mega infrastructure projects, the one that has a huge potential to change the city's skyline is the Eastern Waterfront project - to be built on the Mumbai Port Trust (MbPT) land.
Mumbai is the financial capital of India, but it has the potential to become global financial centre, says Maharashatra CM Devendra Fadnavis.
Among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 per cent waivers.
India Inc's investment project announcement falls to Rs 11.3 trillion. In the coming months, the pace of investments would depend on how soon consumption demand picks up and private sector investment ramps up investment in infrastructure.
Talented students in small towns often don't get into national-level colleges simply because they don't get proper training to write entrance exams. Ignus is working to change that.
West Bengal and Maharashtra, despite having fewer public sector employees, are likely to face a higher burden of salaries and pensions.
Comparing the well-being of children growing up in 'single-mother-by-choice' and two-parent families, researchers found no differences in the child's development.
The study says the entire supply chain of goods and services will suffer a massive liquidity shock.
Mental health and life coach Anu Krishna tells you how to take control of your life.
The unearthing of capital flight of "black" money Indians have allegedly stashed away in Swiss banks could add $30 billion to the country's forex reserves, says a Bank of America Merrill Lynch report.
By the time the security failure is discovered and fixed, the damage is already done. A CIO survey by Forcepoint and Frost & Sullivan found that 69 per cent of Indian organisations were at risk of data breach. Whenever there is data breach, there is a potential disaster waiting to happen.
Ed Luce, Washington bureau chief of The Financial Times, has said that US President Barack Obama's endorsement of India's candidacy for a permanent seat on the United Nations Security Council was a "cheap price" he had to pay to appease New Delhi of its concerns over his administration's policy towards India.
'India's defining characteristic has been its ability to manage and sustain democratic governance through an accommodation of ethnic, linguistic, and religious diversity.'
While everybody is talking about the vast potential of 5G, the uptake of such services in India depends on operators getting around 100 Mhz 5G spectrum. At the reserve price proposed by Trai, getting this spectrum will cost a telco around Rs 490 billion. Which amount could be difficult for operators to mop up, given the financial stress they are undergoing, says Kiran Rathee.
Rediff reader Eakanath Bandu Lote, 40 from Mumbai tells us how much his life has changed since his first salary.
Several nations have in the past borne the brunt of mounting debt arising from organising mega events like the Olympics.
Big events like Commonwealth Games impact prices of basic commodities like land, rent and transportation, raising the average cost of living, a study claimed.
An initiative to fund the education of bright Indian youngsters undertaken by two Indian-Americans has now acquired a momentum of its own, discovers Anjuli Bhargava.
In prior elections, not only have opinion poll forecasts been very different from the results, the error margin has increased over time. One need only look at the charts that show the Sensex half a year before and after the results day for the last six elections. The markets did not change direction in any, says Neelkanth Mishra.
Gota has to decide if he could order elder brother Mahinda's arrest as the agent provocateur of Monday's violence. Then he has to prepare for an interim government, in which no one would now want to become a cabinet minister leave alone prime minister, explains N Sathiya Moorthy.
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