Investors turn their attention to export-driven sectors.
While the framework of service delivery and client-focused approach remains unchanged, Nilekani's suggestions, of taking start-ups with newer technologies to clients, are being implemented.
The government scheme has a long way to go before its ultimate goals of universal financial inclusion and financial literacy are achieved.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Simple takeaways from the Union Budget 2015-16 and how it impacts your life
Monsoon is expected to be normal in June.
The Bharatiya Janata Party's unit in Madhya Pradesh on Saturday announced a slew of measures for the poor and the youth as it unveiled its manifesto for the November 25 assembly elections.
While some are relatively new in this business, Vodafone, which has 1.8 million touch points in the country, has been offering basic banking and payment services through its pre-paid mobile digital semi-closed wallet called M-Pesa since 2012.
Banking is first about trust and integrity and then about technology and the rest.
For the past five months, ever since he was appointed the Ayushman CEO, Indu Bhushan, a former bureaucrat, has made Nirman Bhawan his second home, working nine to nine with his "dedicated team" on the Modi government's biggest initiative after the Goods and Services Tax, says Nivedita Mookerji.
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.
The success of internal communication depends on its utilisation.
Industry bodies said the decisions will help attract much-needed capital, create jobs, encourage collaboration and benefit cash-starved small and medium enterprises.
Taxation and intellectual property rights issue are some basic starting point impediments for US businesses in India, a top Indian-American CEO said on Monday.
'The BJP certainly has an edge as the BJP has gone ahead of the Congress in pleasing the trading community.'
The assessment of PMJDY should be done within the context of the programme.
According to the Mumbai-headquartered company's Global Trend Report on social media, this average spending will rise to $24 million (about Rs 150 crore) by 2015.
'We have promised to ensure reduced tax rates.'
Ad rates on regular days are less than half, media planners said.
If we are to realise the full potential of biologics' ability to improve people's health, it is essential to encourage public policy and support R&D.
India's GDP for the three-month period ended September 30 grew 7.4%.
The total earnings in Q1 rose 14.54 per cent, while working expenses grew at a measly 4.22 per cent.
Investors from across the globe are keen to invest in Gujarat.
Swaraj emphasised that the UN must accept it needs fundamental reform.
The move marks a significant ramping up of one of Facebook's most closely watched new advertising products, which analysts believe could help the Internet company capture a bigger slice of lucrative brand advertising budgets.
Tech grads from BITS Pilani identify a problem and then use technology to solve it. The Visit story.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
Unbanked customers can expect easier access to banking.
Payments banks are niche banks set up by the Reserve Bank of India to further the agenda of financial inclusion.
While Renault reported an over 12 per cent decline in sales and lost market share, Market leader Maruti Suzuki grew over 19 per cent.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
A coalition of Asian-American groups led by activist Deepa Iyer recently met United States President Barack Obama to urge him to support family reunification in the new comprehensive immigration reform bill.
Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.
'Without it, it is going to be much, much, much, much worse.' 'In the meantime, we really need to work on a sort of war footing, given that it is a natural disaster, provide relief, provide essentials, till we get biological herd immunity, we need to get economic immunity, and also social immunity.'
The sector needs to move away from such concepts.
'Our mandate is to work in a transparent manner, keeping two objectives in mind - consumer interest and growth of the telecom sector.'
Prime Minister Modi has said it is their small units that drive the Indian economy.
Payments banks are niche banks which will be allowed to function with several restrictions.
For stressed loans, the need is to prevent disruption in cash flows from a systemic perspective, conserving employment and assets in untainted enterprises with the potential for recovery, says Shyam Ponappa.
These banks are finding it hard to pick up seasoned bankers at the pay they are offering