While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
According to a first of its kind report on 'Ascertaining size of corruption in India with respect to money laundering', an individual spent over Rs 2,000 as a cost of corruption in 2009, which is 260 per cent higher than the amount borne by a citizen ten years back.
Prime Minister Narendra Modi on Thursday laid the foundation stone for the Noida International Airport at Jewar in Uttar Pradesh. It will be one of the largest aerodromes in Asia.
Anti-sabotage checks are being carried out and patrolling has been intensified across the city, including on the Yamuna river where patrolling is being conducted on motor boats by the Delhi Police. Anti-terrorist measures are being carried out in view of threat perception and intelligence inputs, they said.
Of the 272-km Udhampur-Baramulla rail line, nearly 111-km stretch between Katra and Banihal is incomplete.
Gateway Hotels & Resorts are full service upscale hotels and resorts that are located in 21 cities and holiday destinations.
Yuvraj is remembered for hitting six sixes in an over off Stuart Broad in the ICC T20 World Cup2007 and was awarded the Player of the Tournament in India's 2011 50-over World Cup triumph.
Bilateral trade between India and China is likely to exceed $ 50 billion by 2010 with Suzhou Industrial Park in China playing a major role in it, China's Ambassador to India Sun Yuzi said on Wednesday.
The service will cover areas where no network is available and will be provided by INMARSAT, which has 14 satellites.
Prosus-backed fintech firm PayU is set to acquire India's earliest payment gateway BillDesk in an all-cash transaction of $4.7 billion. This will be the largest acquisition in India's digital payments space. The deal will also give exit to investors General Atlantic, TA Associates, Temasek, Clearstone Ventures, and Visa. The proposed acquisition will help PayU, the payments and fintech business of Prosus which operates in more than 20 markets, become one of the leading online payment providers globally by total payment volume (TPV).
Following the alleged desecration of the Maratha king's statue, miscreants in Belagavi shouted slogans and pelted government vehicles with stones and freedom fighter Sangolli Rayanna's statue was subsequently vandalised.
Foreigners and NRIs would now be able to book train tickets in India online by using international debit and credit cards through IRCTC website.
India on Saturday recorded 89,129 new COVID-19 cases in a day, the highest daily rise in around six-and-half-months, taking the nationwide tally of infections to over 1.23 crore, according to the Union Health Ministry data on Saturday.
Adversarial Harmful Networks -- India Case Study, cited in Facebook whistleblower Frances Haugen's SEC complaints, revealed, among other things, that Facebook was a preferred platform for 'fear-mongering anti-Muslim narratives' in India, observes Devangshu Datta.
'Digital India' initiative has a huge potential, he said.
Not only is the number of native language users set to grow faster than English users over the next five years, these users are more likely to lead a more active digital life. Arundhuti Dasgupta & Urvi Malvania find out how brands are rethinking digital marketing plans to accommodate this.
Most of the major car makers in India, including Maruti Suzuki and Hyundai, do not sell cars through internet but use the online medium to convert queries into offline sales through dealerships.
Maharashtra could become the gateway for the rest of the country.
Facing criticism from social media and political quarters for holding a 'Free Kashmir' poster during the 'Occupy Gateway' protest against violence at Jawaharlal Nehru University, Mehak Prabhu, a Mumbai-based storyteller, on Tuesday clarified that she meant to highlight the restrictions imposed in Jammu and Kashmir and wished to see peace in the region and added that there was no other motive behind her actions.
Readers share their pics of Mumbai. You can share your pics too!
More than three weeks have passed since the Reserve Bank of India's (RBI's) new guidelines on e-mandates for recurring payments came into effect but consumers are still taking to social media platforms to complain about the disruptions they are facing. This comes as most stakeholders in the ecosystem have not put in place systems in accordance with the new rules, resulting in many transactions not going through. Industry sources said most banks are still not ready, especially the smaller ones.
Be prepared for some overdose of all things Indian!
Mumbai Police on Wednesday announced the updated lockdown guidelines which restricts the movement of people in public areas and transport while exempting those involved in essential services.
Dipak Haksar, bottom, left, chief executive, ITC Hotels and WelcomHotels, tells Ajay Modi that FY19 is going to be a year of strong growth, and tariffs are likely to see a substantial improvement in the fourth quarter
Jaishankar said the basis for the overall growth of the relationship between the two countries was peace .
According to experts, this will have major impact on new investments by Chinese players in companies, such as Paytm, Ola, BigBasket, Byju's, Dream11, MakeMyTrip, and Swiggy, when they go for follow-up funding. Chinese investors, such as Alibaba, Tencent, and Xiaomi, are active in the Indian start-up space, and have collectively invested billions of dollars.
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India and Switzerland have long standing bilateral ties across diverse areas including in the economic sphere.
The Taliban knows that Washington holds the key, points out Ambassador M K Bhadrakumar.
India's full membership of the grouping would extend its reach to the Central Asian region in whose peace and stability it is a major stakeholder, says Sana Hashmi.
President Ram Nath Kovind said the nation will always be grateful to the security personnel who laid down their lives in the line of duty.
Former World Cup winning captain, Imran Khan said Pakistan have got a golden opportunity in the Champions Trophy final to avenge its humiliating defeat to India in their first match of the tournament.
The thanks-giving activities will start with laying of wreaths at the police memorial in Delhi and in several other cities on Sunday morning to honour the police personnel deployed in enforcement of the nationwide lockdown, officials said. It will be followed by fly-pasts by fighter and transport aircraft of the Indian Air Force, covering a sizeable number of cities and towns across the country between 10 am and 11 am, officials said.
The Supreme Court on Thursday gave a final opportunity to fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, to appear before it personally or through his lawyer in a contempt case where he has been found guilty. The top court said it has given multiple opportunities to Mallya to appear either personally or through a lawyer and had even given specific directions in its last order dated November 30, 2021. A bench of justices U U Lalit, S Ravindra Bhat and P S Narasimha posted the contempt case for further hearing after two weeks, saying that respondent contemnor (Mallya) is at liberty to act as per direction given in order dated November 30 last year, failing which the matter shall be taken to its "logical conclusion".
PM Modi and Rouhani inked nine pacts including a lease contract for a part of Chabahar port's operation for 18 months.
According to analysts, most of the growth in the smartphone space will come from existing users, who will be lured to upgrade their handsets as new features and technologies turn existing features redundant, says Arnab Dutta.
