Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.
Running a SIP plan for more than six years almost completely eliminates the chances of earning negative returns.
If you are a compulsive credit card user and are at a loss about how to regulate your credit card spend, here is help at hand!
In the quarter ended September, the company's employee costs rose to an all-time high of Rs 1,580 crore (Rs 15.8 billion), even as company's margins took a beating.
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
CBI sources said that Kumar has been charged with abusing his official position to award contracts to M/s Endeavour Systems Pvt Ltd and securing government tenders worth Rs 9.5 crore between 2007 and 2014 for the company.
Finance Minister Arun Jaitley said the actual spending under the scheme in the fiscal year ending March 31 "would be highest".
The government has provided no official explanation behind the note ban that is backed by hard data, says Debashis Basu.
This week, as the I-T department scanned the deposits, reality hit them: Only a minuscule percentage of the Jan Dhan accounts had been used for money laundering.
News of all that's transpired on and off the football field
With a passable built material, and decent battery back up, the chances of the phone commanding premium price dwindled quite early. Anybody with a budge of thirty thousand plus will gladly go for something more worthy like Moto X Style
Only national service can save the nation, and not politics: Modi
A fresh case of sedition was on Wednesday filed against Patel quota agitation leader Hardik Patel and five others by the crime branch which also arrested two of his aides, even as the Gujarat High Court asked the government how a statement against police could amount to sedition.
Modi asked Delhiites not to repeat the "mistake" of voting for AAP.
'While Modi is undoubtedly the star of the show, the online sphere has found in Modi the champion to re-engineer what it means to support the right.'
Report says gold being exported by persons of Indian origin and routed through Dubai
The Congress,BJP and AAP have carved out clear constituencies for themselves. Some of them may overlap with one another, but they seem to have positioned themselves well, says A K Bhattacharya.
The high court verdict on AIADMK chief J Jayalalithaa's disproportionate assets conviction appeal just got delayed, says N Sathiya Moorthy
Look for one with the right mix of qualification, experience, ethics knowledge, and communication skills
A platform that helps retailers reduce failed transactions while keeping the cost down, Innoviti is all set for India's digital payments revolution.
This lawsuit will have no bearing on its fund-raising exercise as a deal is already in final stages
Parekh said divestment can unlock huge funds.
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Privatising public sector companies would have encountered significant opposition from their managers as well as from strong unions.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
Loan rates will change at the next reset, while deposit rates will continue till maturity.
The court has also questioned Epic's assumption that Tata Consultacy Services used the information for the creation of a competitive product
Upon implementation of the 7th Pay Commission the expected yearly burden on the central exchequer will be more than Rs 100,000 crore. Central government employees will get on an average a 24 per cent pay hike. Still, the unions aren't happy.
Budget is widely seen as a test of Prime Minister Narendra Modi.
The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.
How will the navy's six Scorpenes fight, when their primary weapon -- the Black Shark torpedo -- is blocked by a ministry of defence ban on the company chosen to supply these? This gloomy scenario provides a heaven-sent opportunity to revisit the navy's torpedo purchase plan, handled without strategic vision and economic foresight.
With the first salary date after demonetisation around the corner, will India's labourers be able to take their hard-earned wages home?
News of all that's transpired on and off the football field
The National Democratic Alliance government has adopted half measures instead of moving decisively on defence.
The applicant must have an operational savings bank account.
Tax incentives to have cascading effect on the capital goods industry.
The industry status will help the sector access bank lending at average interest rates
Re-instatement of 5% custom duty on crude imports will help.
'Most of the agitations are staged by the Opposition to disturb the peace of the state.'
NDA under Mr Modi is as focused on the rural poor with doles and hand-outs as the UPA under Dr Singh was.
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
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