While the acceptance of cards, mobile wallets and banking apps is increasing, only 10 per cent of transactions take place through them.
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
"The granting of the Freedom of the City of London recognises how they have added their voices to the growing global movement to stamp out racism."
Addressing his council of ministers in a video conference, Modi asked them to prepare business continuity plans to fight the economic impact of COVID-19 on a war footing, but also asserted that this crisis is an opportunity to boost the 'Make-in-India' initiative and reduce dependence on other countries.
Administration is an evolving process, requiring the civil service to constantly re-invent itself to meet new challenges. The administration must become accountable to the law of the land and to the people.
Another 8 pm prime ministerial speech. Will this one too lead to a scramble and chaos like his previous 8 pm telecasts?
A day after total shutdown in Assam to protest against the CAB, fresh protests erupted in the state and neighbouring Tripura and other parts of the nation.
Modi sees export-led growth one of the best ways to create jobs.
Over 15 years, with seven per cent growth, the Indian economy will be three times bigger.
'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.
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.
On display were PM Modi's pet projects like the 'Make in India' scheme and 'Jan Dhan Yojana'.
Parekh said divestment can unlock huge funds.
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.
'The Chinese mindset and approach to India is far different from that in Pakistan.' 'This reality makes it possible for us to follow an engagement policy with one, while militating against engagement with the other.'
Modi said the ease of doing business ranking improved because the government initiated reforms to end difficulties in the lives of people.
'While the poor have little say in shaping India's intellectual or public discourse, they do have a significant role in deciding political outcomes,' points out Roshan Kishore.
Watal panel had suggested an independent payments regulator be set up.
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The year 2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5 per cent. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved.
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
Prime Minister Narendra Modi on Saturday arrived in Dhaka to a red carpet welcome on his maiden visit which is expected to put ties with Bangladesh in a new trajectory, as the two sides will firm up a number of pacts to boost cooperation besides ratifying the long-pending Land Boundary Agreement.
As daily testing of samples of blood and throat and nose swabs crossed two lakh for the first time since the outbreak of the pandemic, over 14,000 new coronavirus cases were registered in the country for the fifth day in a row to take the total count to 4,56,183, according to the Union Health Ministry data.
The Attorney General of India Mukul Rohatgi, on Friday, asked the Supreme to recall its order on the BCCI in the case regarding the Lodha recommendations to be followed by the Indian cricket board.
The Cabinet on Friday gave mandate to the 7th Pay Commission for revising salaries of over 50 lakh central government employees and remuneration of 30 lakh pensioners.
The indirect tax reform Goods and Services Tax is stuck in the Rajya Sabha.
The economy can't grow without increasing electrification, which requires more power plants, and given coal is the cheapest form of fuel and is abundant, it makes sense that India is looking to boost the use of the fuel.
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
A survey of 300 engineering colleges revealed that only 29 per cent engineers are employable, while 30 per cent can be made employable after further studies, whereas 48 per cent are simply not employable
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
The government, he said, has implemented 'bold reforms'.
Shifting to a PPP model could repeat the errors of the past
Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.
The economic growth fell to a decade low of 5 per cent in 2012-13 fiscal.
Dabhol's assets will be demerged into the power plant and the LNG terminal.
The government is determined to stop generation of black money, he said.
Long queues outside grocery stores, inflated prices, difficulty in getting important items -- these were some of the problems encountered by people in the National Capital Region (NCR).
The move to ban Rs 500 and 1000 notes may not curb the root cause of black money.
Inflation is estimated to be around 8 per cent in FY15 and is likely to decline further towards 6.5 per cent in FY16, Citigroup said.
Lakhs of students appear for it every year. How are you preparing for it?
Former CAG Vinod Rai said he will not take a single rupee in remuneration from the government for his work.
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