Upcoming payment banks will lift lower income groups in distant villages.
'What is forgotten but is actually as important for a society's long run success is morality.' 'Morals and trust are the nuts and bolts of an economy.' 'Without those you can get short run success, but not long-run development.'
What will a split in the AIADMK mean for Tamil Nadu?
Rajan's exit will neither affect the RBI's de facto independence nor its working.
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
The parties reiterated that they are bound, wholly, by the contents of the 'Gupkar Declaration', a resolution issued after an all-party meeting on August 4, 2019 at the Gupkar residence of NC president Farooq Abdullah.
The start-up story appears to be losing its sheen due to corporate misgovernance, financial mismanagement and gender discrimination.
An ill-informed public narrative centres on expensive weapons platforms instead of the little things that would improve capability.
It may not be an exaggeration to say that in the next three years, in India itself a million jobs or more might be at risk due to automation. How we leverage its benefits will determine our fate in the digital era.
Shree Cement beats ACC in market value, Lupin ahead of Dr Reddy's Labs
'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.
While IDBI Bank's 140 million customers and 1800-odd branches will come in handy for LIC to hawk insurance, the bank can use LIC's massive agent network to sell its retail loans. But if it is run the same way it had been in the past and LIC is a proxy of the government, then it has no future, says Tamal Bandyopadhyay.
India could gain four times over by winding up dysfunctional subsidies.
'We are learning from every patient who is admitted, treated and discharged.'
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
'We hope there shall be more focus on existing projects and their completion rather than new projects.' 'Any new project announcements should be largely for decongesting the existing lines rather than new lines.'
Anti-nuclear activist S P Udayakumar, who has been called a threat to the economic security of India by the Intelligence Bureau, speaks to A Ganesh Nadar.
Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.
A sum of Rs 7060 crore is provided in the current fiscal for the project of developing one hundred Smart Cities.
Robotics is making inroads into HR, but will not replace the function any time soon, experts say.
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
'If development, investment, employment, implementation, credibility and commitment are ensured, security will automatically improve and subversive and militant elements will lose ground and be neutralised by the people themselves,' says B S Raghavan, the distinguished civil servant.
'This novel format of diplomacy -- the informal summit -- will not only facilitate bilateral communication and reduce miscalculations at the very top level of the two governments, but possibly open the space for China and India to speak in one voice on various issues of mutual concern,' note Feng Renjie and Ding Kun Lei
R Vignesh is a member of the Institute of Cost and Management Accountants of India in Chennai, appeared on Rediff Chat to answer readers' queries on GST.
'Kofi Annan will be remembered more for his Nobel Prize and related glory rather than Rwanda and Volcker,' notes Ambassador T P Sreenivasan with whom he worked in the UN.
Happy with her latest move, Indrani departed from Courtroom 51 with a spring in her step. The woman who hopped up into the jail truck was a cheerful one.
Parth Gupta quit a good corporate job to work for the welfare of farmers in rural Madhya Pradesh.
In an online chat with readers overseas consultant NNS Chandra offered advice.
In a nation divided by many things, the 12-digit unique identity number is holding lives to ransom.
Mihir S Sharma outlines why this year's Union Budget does not respond to the needs of India's economy, or attempt to frame the economy's future.
The processor is just 5 per cent of the overall cost of a computing device.
Sanjeev Nayar offers some ideas on how Indians can help in improving the lives of those living in border areas and in the process help the Indian Army.
'There is no difference between the earlier government and the present government.' 'They are all following the economic policy based on the Chicago School of thought.' 'This school of thought says the government should have very little role in governing the country and the majority of the work should be handed over to the private sector.' 'This has not succeeded in the US.' 'Yet, it is being tried here by people like Arvind Subramaniam, Arvind Panagariya, Urjit Patel and Raghuram Rajan.'
Privatising public sector companies would have encountered significant opposition from their managers as well as from strong unions.
The new government has to make conscious efforts to rebuild social equality and bring the people together.
The idea is to make unexceptionable broad promises so as to have the maximum freedom to devise policies if and when the opportunity arises, says Subir Roy.
'Irrespective of their politics, people feel happy.' 'One of the best compliments I have received is that I have made it from Kashmir to Karnataka.'
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.