India plans to directly transfer cash benefits to bank accounts of people under various social welfare scheme over the next few years and is expanding the banking network.
Credibility of fiscal promises is a virtue that no finance minister can afford to lose.
Take part in the growth story, Amit A Shah tells Corporate India.
With UPA facing allegations of corruption, Prime Minister Manmohan Singh on Saturday said his government wants to use new technology to curb dishonesty and bring transparency in governance.
Experts said the rules will help curb market manipulation and money laundering, which could take place during the transfer of shares between residents and NRIs.
Manish Sabharwal tackles 5 criticisms of demonetisation.
If diesel subsidy can be confined to the running of public transport vehicles and agricultural pump sets, then it will stop benefiting private car owners and sundry other unintended recipients.
The Pradhan Mantri Jan Dhan Yojana scheme will help eradicate poverty and curb corruption at the grassroot level, industry said.
The solicitor general said that the PM CARES Fund is a 'voluntary fund'. "It is a public trust. It is a body where you can make voluntary contributions and no budgetary allocations to the NDRF or SDRF are being touched. What has to be spent will be spent," the law officer said.
Economic growth in the last two years has stayed above seven per cent.
The court said had the prosecution witnesses not turned hostile, the outcome of the trial would have been different.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
So far, there seems to be limited debate about their activities in India, where virtually all FAANG companies have teamed up in different ways with India's most powerful businessman, observes T N Ninan.
P Chidambaram accused the BJP of making a u-turn on bills like GST after having stalled them during the UPA regime.
Whether it is for disaster relief or a personal cause, some online platforms help you raise funds for a fee.
Mr Modi must now work to win over the governor as a friend and learn to influence people credibly.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
Modi sarkar will have to undertake reforms to prove its mettle.
'Transparency is us watching the government and not the government watching us'
The government's initial promise and energy seems to have dissipated.
'It doesn't really matter ultimately what individual commentators say or write about Modi. So long as he continues the BJP's march towards greater vote share, a bigger geographic spread and a crushing of the Congress, he is a success,' says Aakar Patel.
Modi is optimistic that the reforms will be passed soon.
As an applicant, you must understand there is a difference between getting an offer letter from a university and receiving a study visa, explains Ajay Sharma, president, and founder, Abhinav Immigration Services.
Most expect the Budget to be path-breaking.
'The finance minister and the government have met the immediate challenge. The wine this time is new and also in a new bottle, which, though not full, is less than half empty.'
Going the direct subsidy route, the prices of kerosene and LPG will go up in the market, but the extent of rise will not be as high as when the subsidy is given to everyone.
'Allegations of Reliance benefitting by thousands of crores is a figment of imagination, promoted by vested interests'
Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries on HEALTH and AUTO insurance.
Blockchain's promise: Dramatically speeding up transactions, explains Ajit Balakrishnan.
'The prime minister did not think that COVID-19 was a serious challenge as late as March 20.'
Currently, the enforcement officers are making seizures of assets directly and indirectly connected to offenders, including jewelers Nirav Modi and Mehul Choksi in the Punjab National Bank fraud and Vijay Mallya in the Rs 9,000-crore IDBI loan case.
NDA's energy plan powered UP win, but it's not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof.
As India gets ready to roll out one of the largest vaccine programmes, billionaire Mukesh Ambani on Tuesday said his group is working with authorities to provide technology tools and backbone for mass inoculation against COVID-19. Ambani's telecom venture Jio was rolled out four years back, offering free voice calling and dirt-cheap data. Today, Jio is India's largest telecom operator with over 400 million users, each connected to the internet. At a Facebook event, Ambani said the government's digital push kept the country running even during the pandemic and is now helping in the rollout of one of the largest vaccination programmes.
A senior company executive said the company waited for seven years for the verdict and its shareholders needed to know when it would be concluded.
The finance ministry website that lists the total disinvestment revenues to be mobilised during the current year already shows that no receipts are expected from strategic sales in the current year.
'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'
The Reserve Bank on Friday accepted most of the recommendations of its working group on corporate ownership of private sector banks, by allowing unrestrained promoter shareholding in the first five years of operations and hiking the same to 26 per cent after 15 years from the extant 15 per cent and also the new capital requirements. The move will benefit leading banks like Kotak Mahindra Bank and IndusInd Bank, among others, which have been seeking more time from the regulator to divest their stakes for many years now. Accepting 21 of the 33 recommendations of the internal working group, the central bank said the remaining suggestions are under its consideration.
We are entering a period of turbulence, but you can profit off that volatility.
The deadline of March 31 has been postponed till the apex court delivers its final judgment.
Union minister Prakash Javadekar accused the Congress of ignoring farmers' interests and keeping them poor to ensure cheap grain prices, and asserted that the Modi government empowered them by implementing the Swaminathan commission report to give them remunerative price through MSP.
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