The Supreme Court on Monday refused to entertain a Public Interest Litigation challenging the appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India.
Indian Railways (IR) will transfer existing assets at nominal values, invite bids and grant concessions for 10-15 years.
Bandhan Bank is the first bank to be launched in eastern India post Independence.
Some private banks offer easier platform to transfer money abroad, like ICICI's Money2World.
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.
'Unlike the Chinese army that has been largely a peace time force, the Indian Army is a battle hardened force,' explains Colonel Anil A Athale (retd).
'Since the bilateral deficit is a reality -- and a worry -- we need to find a way to deal with it,' says Ravi Bhoothalingam.
This start-up connects diners with regional cuisines that restaurants do not serve.
The first half of 2019-20 will be under pressure, since prices are expected to go up by Rs 7,000-8,000 at a time when sentiment is poor.
Tech start-ups will continue to take the lead in bolstering the regional economy, says Murali Talasila.
Led by falling cost of handsets and increased data consumption, new mobile subscriptions have grown the fastest in India with 18 million net additions in the third quarter of 2014, telecom gear maker Ericsson said on Tuesday.
Indian IT-BPM industry raked in revenues of $119 bn in 2014-15.
'Information highways are getting stronger and being strengthened.' 'Occasionally, accidents could occur. But do you stop constructing highways because two motor cars collide?'
The company hires postgraduate and PhD students from A+ grade institutes to be part of its research team.
The finance ministry is working on a second relief package for the Indian economy hit hard by the coronavirus outbreak and the 21-day nationwide lockdown imposed to curb the contagion, sources said. Last month, the government announced a Rs 1.70 lakh crore relief package in the form of foodgrains and cash transfers for the poor and vulnerable section of the society to help them deal with the hardships caused by the lockdown. Now, the government is working on a stimulus to be given to hard-hit sectors of the economy after the lockdown is lifted, sources said, adding that an announcement is expected in the next few days depending on the severity of the pandemic.
Over 80% of graduate engineers passing out of universities in India are unemployable. With digitisation going mainstream, this skill deficit can be redressed through world-class training material, points out Ankit Shyamsukha, CEO, ICA Edu Skill.
Public sector banks, including the country's largest lender State Bank of India (SBI), have come out with a templated approach for restructuring retail and small business loans of up to Rs 25 crore under the Reserve Bank of India's (RBI) Covid restructuring package 2.0. They have also come out with standardised products to make funds available to business entities for improving healthcare infrastructure and to individuals for meeting Covid treatment expenses. Business loans have been divided into three categories.
While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space
Credit card payments to buy fuel at petrol pumps will from October 1 not get a 0.75 per cent discount that State-owned oil companies had introduced more than two-and-a-half years back to promote digital payments.
Kiran Mazumdar-Shaw points out how the adoption of information and communication technologies can provide India with a very effective health care tool.
'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.
Growth, said HSBC, would be helped by higher public investment, bankruptcy code and direct transfer of subsidies
There are both positive and negative impacts of the tax, but the net result for India's infrastructure sector is advantageous, says Vinayak Chatterjee.
The merged entity would lead with a revenue market share of about 37 per cent against Airtel's 31.2 per cent and Jio's 14.5 per cent
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
Hitting out at previous governments, he said they did not care for the people with disabilities but his dispensation was thinking about their problems and finding ways to reduce their issues.
Government's financial inclusion mission is well intentioned, but it may be putting a severe strain on the banking sector.
The first vaccine candidate will be an intra-muscular one, followed by intra-dermal and nasal ones, depending on test results.
In the US, Zoho gets close to 80 per cent of its revenue from small companies, while the remaining comes from large ones.
It is expected growth will primarily be driven by continued demand from the US, a revival in the European market, especially continental Europe, and increased momentum in the adoption of new technologies.
Growing protectionism in their main markets - the US and the UK - has forced them to hire local workers, upending the cost arbitrage model they had built their business on.
The government is also trying to curb child abuse and pornography and such platforms act as catalysts in these cases.
India will also play an increasingly important role as one of the Asia-Pacific region's major economic growth engines, helping to drive Asian regional trade and investment flows.
The economy has shown sharp resilience in the past and has also bounced back in good time. We could hence expect a similar trajectory next year, observes Madan Sabnavis, chief economist, CARE Ratings.
Winning against Covid means thinking ahead, at least six months, putting in place the likely scenarios of what might happen, and then planning. Planning is the role of the government. Having planned, it should communicate what and why. Then, get out of the way, recommends Naushad Forbes.
The depreciation in the yuan has led to a decline in all emerging market currencies
In a note to customers, the country's largest lender State Bank of India said, 'Interest shall continue to accrue on the outstanding portion of the term Loan during the moratorium period'. The accrued interest will be collected by the lender in the form of additional EMIs from those borrowers who opt for the three-month moratorium.
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A non-compliance with FATCA entails 30 per cent withholding tax on certain US source payments.
Diesel prices for the Railways have come down from Rs 60.08 a litre in June to Rs 50.51 a litre now.
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