Fast paced growth in computer literacy and greater use of data on mobiles will help India's Internet economy grow to $200 billion or 5 per cent of the GDP by 2020.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
The high new GDP numbers are puzzling.
Short-term capital gains tax of 30% is likely to be levied if bitcoin is held for less than three years and 20% if held for longer than 36 months.
The best of India's brains are instead busy solving the world's problems (I deliberately exaggerate a bit to drive home the point), as our policies incentivise them to do so.
'We keep saying that we have a very close historical, cultural, linguistic and religious affinity with Nepal. Then why be so insensitive that we cannot find time to talk to them for more than 5-6 months'
'The banking sector appears to be on course to recovery,' declares the RBI governor.
Telcos propose licence regime for apps like WhatsApp, Skype.
China tops the list with 3.5 million, followed by Brazil with 918,000.
'Nationalism built on divisiveness cannot strengthen the country, or help the economy improve its performance,' points out T N Ninan.
Dinesh Thakur is famous for exposing Ranbaxy safety problems
The combined market capitalisation of the 21 listed PSU banks declined by about Rs 76,000 crore to Rs 425,800 crore during the month.
Morgan Stanley says, India will clock 7.9 per cent GDP growth in current fiscal.
The Internet is too important to let a few private telecom players decide what the rules will be for consumers, says Rajeev Chandrasekhar, independent member of Parliament who was one of the key petitioners seeking the scrapping of Section 66A of the Information Technology Act.
By April, operational guidelines for the scheme will be finalised and shared with states
For the PMO this is urgent as the Digital India framework would depend on how the telecom companies perform. It is also linked to the proposed auction of 5G airwaves.
The government has stated that it will make all efforts to bring back illicit wealth parked by its citizens in foreign jurisdictions.
The driver and cleaner of the bus have been arrested for the sexual assault, which took place on Thursday.
Swachh Bharat Mission could focus on using technological innovation to eradicate the problem of open defecation, says R Gopalakrishnan.
Before Lok Sabha and Rajya Sabha was proceedings were disrupted by a relentless Opposition over the demonetisation issue, other topics such as compensation for military personnel, counterfeit notes were spoken of. Here's what happened in Parliament.
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India's economy grew 4.7 per cent in 2013-14, following an expansion of 4.5 per cent in 2012-13. In the fourth quarter of 2013-14, growth remained subdued at 4.6 per cent, mainly due to a decline in manufacturing and mining output.
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
Experts of both the countries will meet by mid-September 2016 to further discuss the modalities for the reciprocal bilateral implementation of AEOI between India and Switzerland with a view to reaching an agreement at the earliest, possibly by the end of the year
Among key guidelines, the e-commerce companies will also be required to ensure that personally identifiable information of customers are protected.
Five of the 10 best-paid independent directors belonged to the Tata group, followed by four from Reliance Industries and one from Wipro.
India's snooping programme is officially underway and multiple agencies will use internet surveillance system Netra and National Cyber Coordination Centre to keep a tab on suspicious activities on the internet, says Vicky Nanjappa.
The move may release funds locked in government securities and add to liquidity. With inflation expectations lowered, this should not impact bond sentiment in the short run
'If there are any incidents of cyberattacks, they should immediately inform CERT.'
'What aspect of the air strikes would make it possible for a voter to change her mind?' asks Aakar Patel.
The data-generation ability of technology can not only provide real-time feedback on its return on investment but also evaluate education programmes.
The assessment of PMJDY should be done within the context of the programme.
In the current fiscal so far, retail inflation stabilised around 5 per cent, while wholesale price-based inflation averaged around 2.9 per cent during April-December.
The Swiss Finance Ministry spokesperson recently confirmed that a meeting is expected in the coming weeks, but did not disclose any further details.
The impact of a 'dengue-COVID-19' season would entail two different diagnostic tests and extract a huge toll on patients too, each disease making the other more complicated to deal with and perhaps more fatal.
Clarity on the roadmap necessary to assess its likely impact on near-term fiscal health and investment.
The government's move to set up a regulator for the coal sector would help bring in transparency, encourage exploration and enhance quality of the dry fuel, India Inc said on Friday.
"I am an academic and I have always made it clear that my ultimate home is in the realm of ideas," Rajan said in a letter to staff.
As the reform process is expected to gain further momentum, the Indian rupee will continue to outperform its Asian peers, which are likely to weaken further against the US dollar in 2015, says an HSBC report.
'Completely disregarding ground reports of starvation deaths owing to Aadhaar and potentially disguising these deaths to look like accidents appears brutal,' says Rajendran Narayanan.
The Indian diaspora remain bullish despite single-digit equity market returns since May 2014, says Pavan Burugula.
