The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
A simple primer on how much money taxpayers can save under various sections of the Income Tax Act.
Simple takeaways from the Union Budget 2015-16 and how it impacts your life
Though it may be anecdotal, there are some HR people who cannot reconcile their own salary from a CTC to take home!
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
Those just starting their careers should avoid adding to their liabilities, especially if they already have an education loan. They should think hard before taking a car or home loan.
Use deductions introduced in the Budget to save additional Rs 24,000 in tax
Unbanked customers can expect easier access to banking.
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh.
A customer wanting to buy a car would have to wait a long time for delivery.
Online and mobile based personal finance applications have gained importance over the past few years.
The government has also announced a slew of measures to ease cash flow for the rural sector.
Finance Minister Arun Jaitley presented the Union Budget.
That's all it takes to protect an institution -- just one person with no past and no greed for the future, says Shekhar Gupta.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Arun Jaitley had a tough fiscal hill to climb.
Budget might turn out to be neutral for the sector.
.jpg)
Banking as we know it will stand on its head in the next 10 years.
A number of countries allow you to become citizens by investing in government-approved projects or real estate or by buying bonds.
Kickstarting the Bharatiya Janata Party's poll campaign for Delhi, Prime Minister Narendra Modi on Saturday wooed voters with a host of promises as he singled out 'anarchist' Aam Aadmi Party leader Arvind Kejriwal for attack and asked voters to punish him for "wasting" one year.
Prime Minister Narendra Modi on range of issues -- from Rafale deal to Ram temple and triple talaq.
NDA government has shunned populism.
'The voter thinks that the State is not going to impartially deliver services, provide justice, basic law and order, social insurance -- so as a voter it's very rational that I may choose a criminal who will help me navigate the State.' 'A weak State allows a criminal politician to be the person who provides that guarantee to mediate whatever problem the citizen has with the State.'
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
Indian economy about to take-off
A theory that is doing the rounds is that with election nearing, this depreciation of the rupee will allow politicians of all hues to bring back their ill-gotten wealth.
'The year in pictures' treks across the globe, looking back on the moments that shaped 2016. From the United States presidential race, to demonetisation in India to the refugee crisis, the news has kept pouring in. Here are our top 50 moments from the world.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
Congress gets into the opposition groove but still has miles to go, says Saroj Nagi.
