Payments banks are niche banks which will be allowed to function with several restrictions.
Bajaj sold his 18-month-old start-up WhiteHat Jr to Byju Raveendran for $300 million in an all-cash deal - over the video conferencing platform Zoom. The deal is the biggest in the Indian edtech sector by far.
50 per cent of the flashlights market in the country is dominated by Chinese imports, which have been increasing.
Tawang is very much a part of India, and if the present Dalai Lama decides one day to take rebirth in Tawang, the Indian government will openly welcome him and support him, notes Claude Arpi.
Saudis are interested in expanding their relationship with India, given it is becoming the main driver of crude demand growth in Asia
Most successful and ambitious business leaders feel persuaded that they have no competent successor, says R G Vilakudi.
Scotland Yard's War Crimes Team, which is part of its Counter-Terrorism Command, has launched an investigation into the role of British mercenaries in fighting the Liberation Tigers of Tamil Eelam (LTTE) rebels in Sri Lanka during the 1980s.
Tata Consultancy Services, the $2 billion listed IT company from the Tata group is looking at expanding its global base by exploring untapped markets in Eastern Europe, Russia and China.\n\n
The Indian card processor - used in the heist on December 21, 2012 - was ElectraCard Services, which is based in Pune, India.
Raghuram Rajan's exit reminds Syed Firdaus Ashraf of Kafka's The Trial.
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.
IOC has been forced to shut down its Digboi refinery in Assam and is operating Guwahati unit at minimal throughput, while OIL has been forced to shut LPG production and its crude oil production has dropped by 15-20%. Sources said the agitation has blocked the movement of tankers and trucks, which are mostly used to supply petrol, diesel and LPG from the refineries to different parts of the North East.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
'The border has stayed the way it was for over 30 years, and they are now trying to change it'
Several of WhatsApp's early features were designed keeping Indian conditions in mind, given the choppy connectivity and existence of devices of different makes. In fact, India was the first country where WhatsApp rolled out in-app video calling services in 2016, ahead of its global launch, underlining the importance of the market for the company.
China Eastern Airlines will launch a new Beijing-Shanghai-Mumbai flight on April 18, the second direct flight linking China and India and the first between the financial capitals of the two Asian giants.
The Union health ministry on Tuesday said that aid received from other countries has been distributed in different states to help deal with the rising number of COVID-19 cases.
Lack of clarity on whether manufacturing bans in Punjab, Uttarakhand, Himachal, Goa and Karnataka still in place
Parliamentary panel seeks changes in crude import norms.
To cover most of the gap, the road ministry plans to raise $7 billion.
'Anyone who should be worried about or critical about this new capability of the Indian Air Force, it should be those who want to threaten our territorial integrity'
The company had assets in countries like Yemen, Peru, Oman, Myanmar, Columbia, East Timor, Kurdistan and Australia, but it exited almost all these blocks later as part of its portfolio rationalisation
President Pranab Mukherjee's recent visit to the Pacific Island nation is path-breaking, but much more needs to be done, says Dr Rahul Mishra.
If Nirmala Sitharaman does indeed present a 'never-before' like Budget on February 1, going by her promise, she would create a new benchmark for post-contraction Budgets, observes A K Bhattacharya.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
Navy chief Adm. Sunil Lanba said that by 2050, India will have 200 ships, 500 aircraft.
Rediff.com reproduces this 2014 interview with Tim Kaine where in he discusses the new opportunities to foster Indo-US trade and the improvement in ties.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
General T N Raina was an iconic Indian military leader whose contributions to the nation should be more widely known, notes Lieutenant General Syed Ata Hasnain (retd).
The output was behind target in 2015-16 as well and the government is yet to issue a cost disallowance notice for that
BSES Yamuna Power Ltd said that there could be power cuts of up to 10 hours a day
Modi said Nepal and India can benefit if they cooperate and work together for the promotion of five Ts: Tradition, Trade, Tourism, Technology and Transport.
In November they had raised $2.19 billion from abroad, according to the Reserve Bank data released on Friday.
'There is no holistic picture of our own goals and objectives.' 'For some inexplicable reason, the decision makers find it best to listen to their inner souls in dealing with these issues rather devising a carefully thought-out, structured plan,' says Vice Admiral Premvir Das (retd).
The deal which is worth 7.87-billion (Rs 58,363 crore) comes with a saving of nearly 750 million (Rs 5,611 crore).
Gujarat has around 3,000 licensees for allopathic drug manufacturing, apart from around seven homeopathic licensees, 500 ayuvedic and 600-700 cosmetics licensees
'General Secretary Xi Jinping has greenlighted a brutal campaign of repression against Chinese Muslims, a human rights violation on a scale we haven't seen since World War II. Now, the PLA has escalated border tensions with India'
In the January-March period of last year, an amount worth $1,179 million was invested across 103 transactions.
The Indian Air Force is probing the incident, an IAF source said.
Plans to build a pipeline from the Chayanda gas field in East Siberia to the proposed Vladivostok LNG facility
