While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space
'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.
'What lies at the core of Abe's stance is Japan's crisis management ability amid the increasingly tense North Korean situation,' says Rajaram Panda.
At the core of Sharif's initiatives is the belief that Pakistan's economic revival is not possible until it has improved and tension-free relations with neighbouring countries, particularly India and Afghanistan, said Tariq Fatemi, the Prime Minister's Special Assistant on Foreign Affairs.
Food prices probably fueled a sharp rise in India's retail inflation in December after the record low struck the previous month.
'There's no real rebellion, just a consuming love for fashion and faux feminism where every zinger flying out of their mouth sounds like something you've heard on a sitcom or favourited on your Pinterest wall,' notes Sukanya Verma.
The rocket is the first step in Musk's ambitious dream to send humans to Mars and establish a colony on the planet.
Branch additions for most major banks in the current financial year do not correspond to the number of the past two years.
Dr Cabbie never takes itself too seriously, says Joginder Tuteja.
The IT major is donning a new face for the changing times, says Ayan Pramanik.
The IT major is donning a new face for the changing times, says Ayan Pramanik.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
While there's tax arbitrage advantage in ULIPs now, experts say investors should prefer mutual funds for long-term savings.
When you have a proper posture, your lungs will open up and more oxygen will enter your body.
Gopinathan is aware of the challenges and opportunities that lie ahead.
A total of 13 motions were moved in support of Birla.
Keeping a company on the cutting edge is about more than making workers happy.
The Oppo R5 has bagged the title of the world's thinnest smartphone. We list 10 features that will help you decide if the R5 is meant for you!
Flowing from an inadequate understanding of Tamil history and politics is an urban elitist mindset that does not seem to be able to touch and feel the real angst of the larger Tamil-speaking masses, cutting across the social and economic status of the individual, says N Sathiya Moorthy.
So, how does Pompeo's check list look like? In a broad sense, he is coming here 'to make sure that we have economic openness'; to ensure that 'we have to deliver'; to understand that 'we have to execute' what we promised to do; and, to 'broach some tough topics', points out Ambassador M K Bhadrakumar.
'Modi came out with this huge announcement that he has given a historic price rise to farmers.' 'It was actually a fake price. He did not give the price mentioned in the BJP's election manifesto.' 'So, Modi gave an incomplete price rise and publicised it as if he has completed his job.' ''This government has surely proved that it does not care about farmers in any way.'
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
The Saluto retains Yamaha's typical character with a smooth and efficient engine, while the understated looks ensure a wider appeal for the bike, says Indian motoring website MotorBeam.
Deal to help RCom reduce debt, Sun gain subscribers in new markets
Power and torque outputs have been upped.
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
'Modi's abject capitulation will play out badly in his core constituency.' 'The bulk of our strategic community is under the impression that India under Modi has already become a superpower.' 'They don't even want to look at the country's emaciated limbs or its asthmatic problems,' says Ambassador M K Bhadrakumar.
'...vis-a-vis state or local elections,' Prannoy Roy and Dorab Sopariwala tell Uttaran Das Gupta.
'What happened in the Vajpayee era will repeat in the Modi era in 2019.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A top Pentagon official will be heading to India next week to hold intense negotiations with Indian officials on critical defence issues and related areas of collaboration that could be announced during US President Barack Obama's visit to the country for Republic Day.
The problem here is that internal auditors are good at accounts, but they are not trained to track foreign exchange transactions
A summary of sports events and persons who made news on Friday.
The RBI has targeted 6 percent inflation by January 2016
Kings XI Punjab co-owner Preity Zinta feels that every year problems related to the Indian Premier League "do affect" the franchise as a brand and its business as the cash-rich league has become some sort of a "whipping boy". "Yes, it does affect the brand and it is unfair to the owners. It affects our business as every year there is some controversy or some rumours that come up. I believe at one level IPL has become a whipping boy for many," Zinta told PTI during an interaction on the issue of Maharashtra drought that led to shifting of 13 matches. It must be noted that in 2013, IPL was rocked by spot-fixing scandal due to alleged involvement of three Rajasthan Royals cricketer including former India international turned politician S Sreesanth.
'Relationships have changed so dynamically that the 'woh' doesn't have to be a person.'
Starting from a team of part-time workers to an employee base that exceeds over 3,000, Wildcraft has come a long way
Niraj Bhatt discovers how a CFO 'without a finance background' made it to the corner office at TCS.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
