Rajan said that while there were talks about Jan Dhan, it was difficult to target transfers to people through this tool. Jan Dhan, he said, does not really work as advertised.
>Putin's last-minute intervention with PM salvages $5.43 bn pact.
The Comptroller and Auditor General on Friday rapped space agency Indian Space Research Organisation for allowing a foreign private satellite service provider to park its satellite in an orbit slot meant for Indian satellites in violation of nation's SATCOM policy and extending "undue benefit" to a foreign firm.
Suspense over the multi-billion dollar Rafale fighter plane deal continued on Friday as French Ambassador Francois Richier said a "complex negotiation" is going on, just two days ahead of the visit of his President Francois Hollande to India.
Some workers in India were also make to work on Sundays and national holidays "in sweltering heat, without adequate supply of clean drinking water or any breaks".
The International Chamber of Commerce's arbitration body International Court of Arbitration has ruled in our favour in the Antrix-Devas arbitration case and Antrix is liable to pay damages totalling $672 million to it, Devas said on Tuesday.
'Stan's death is the culmination of a series of acts of abominable cruelty on the part of the Indian State.'
ISRO has an opportunity to be the one-stop shop for satellite manufacturing, and Alpha Design is just the booster it needed.
By removing Avinash Chander last week, the government has chosen to sacrifice the organisation's most potent symbol of success
'The F-21's capabilities far exceed all other torpedoes currently in service.'
'We have no time for meals. We don't sleep on time or have family or community interactions.' 'All this stress has made us pressure cookers without valves.' 'No wonder then we are bursting out with heart attacks,' points out Dr Udgeath Dhir, director, Fortis Memorial Research Institute, Gurugram.
Without making any direct reference to the three new farm reform laws or to the three-month-old agitation by farmers, Modi said there is a need for expanding options for the country's farming community to sell agri produce.
DRDO is offering a 30-35-tonne light tank that it says will be a match for what the army faces -- China's new Type-15 light tank.
Syed Firdaus Ashraf/Rediff.com tracks Prime Minister Narendra Damodardas Modi's project-launching spree with just about three months to go for the assembly election in India's most populous state.
'India is in a slowdown which most of us have not seen in our living memory.'
One meal at a time, Vision Rescue's Biju Thampy hopes to turn around the destiny of street kids in Mumbai, Chennai and Kolkata.
During the webinar, 'COVID-19: Vaccination and Potential Return to Normalcy - If and When', Dr Hotez, an internationally-recognised physician-scientist in neglected tropical diseases and vaccine development, said that the COVID-19 vaccine rollout is "India's gift' to the world in combating the virus.
The flexi staff workforce at present in the country has increased to 2.1 million from 1.7 million in 2015.
'We expect a pick-up in the second half of the current fiscal. But before that, data is likely to show a further slowdown. The second quarter print is likely to be worse than the first quarter,' said a senior official.
RK Gupta has complained to the defence ministry alleging victimisation.
In a mega-contract worth over $1.6 billion, state-owned Israel Aerospace Industries will provide advanced medium-range surface-to-air missile systems to the Indian Army.
Campus recruits can also aim to double the existing entry level package by proving their skills through the TCS national qualifier tests.
'She was the unanimous choice of the search-cum-selection committee.'
Employers believed that frequent job movements are indicative of indecisiveness in a candidate and demonstrate a lack of loyalty.
'Now that the home minister met us to discuss our demands a hope has definitely been kindled that farmers's demands will be met by this government.'
The agency is probing the alleged payment of USD 5.70 million as commission to seal the deal, sources said.
With the launch of GSLV-MK III, slated for April, it will be able to cater to bigger satellites as well.
The missile system can target aircraft up to 30 km away, at altitudes up to 18,000 metres. It has the capability to neutralise aerial targets like fighter jets, cruise missiles and air-to-surface missiles.
'We cannot understand why the government is facilitating the import of artillery when our indigenous guns are doing so well.'
The agency started a PE against unknown officials of Defence Ministry.
The deal was signed between Embraer and the DRDO for three aircraft equipped with indigenous radars for airborne early warning and control systems.
Access to India's defence market must be made conditional -- available only to those who are ready to make a long-term commitment in India, argues Ajai Shukla.
By 2022, there is a plan to make an mRNA-technology vaccine, for which it has tied up with Canadian firm Providence Therapeutics.
The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.
Another proposal of the army and the IAF for the procurement of 55 low level light weight radars was also cleared by the DAC for Rs 419 crore.
DRDO to develop an army version of the medium range surface-to-air missile.
'When a person is capable of infecting 50 others, will you think about the privacy of the person or about protecting the lives of people?'
CBI sources said a case has been registered against UK-based NRI Vipin Khanna, whose named had also figured in another defence deal probed by the agency. They said the kickbacks were allegedly paid in 2009 through subsidiaries of Embraer via a Singapore based company which is owned by the middleman.
Ajit Doval is now India's all-powerful security boss. This concentration of power disrupts our layered security system. Will it not weaken whatever remains of the power and authority of the home, defence and finance ministers? asks Shekhar Gupta.
'As they come in contact with more people in their professional life, they will need to uncover even more opportunities for growth.'
