Some believe the shift to mobile-based transactions will be seamless considering that the urban tele-density is 148%. In rural areas, it is touching 51%. But smartphone penetration in India is a mere 12%. Growth of mobile money has been extremely slow: It is currently 1%.
Taking a dig at those who have been attacking him over demonetisation, he said, "Some people have lost glow on their faces... earlier they used to chant money-money, now they are chanting Modi-Modi."
For financial institutions, it will be an opportunity to provide better lending options. For instance, customers who pay their overdrafts on time will get access to more credit and probably at a cheaper rate.
Modi said the government aimed at spreading digital literacy across rural India.
A group formed by controversial Bharatiya Janata Party lawmaker Yogi Adityanath --known for his interest in religious conversions dubbed "ghar wapasi" -- offered all possible help "including guns" to the Hindus of Dadri's Bisada village.
The new tax rates will come into effect from January 1, 2019.
'The beauty of my job is that no matter how much well I do it, people will say this guy is insensitive, romancing Sonam, dancing with Jacqueline, going to Poland to shoot a film, when he has a hunting case and an accident case against him. He's enjoying himself; he's earning Rs 600 crore but people don't know how much I have. All my good work goes against me.' Salman Khan gets candid.
'The attempt to build a negative narrative about India's economic performance is disingenuous.' 'For the investors as well as the targeted beneficiaries of welfare schemes, the ground reality is very different,' argues Rajiv Kumar, vice-chairman, NITI Aayog.
80% of beneficiaries in 300 districts to be linked with direct benefits transfer
White labeled ATMs are set up by private non-bank companies that own and operate their own brand of ATMs.
'Two days notice for the Janata Curfew.' 'Two-and-a-half days notice for lighting candles, but a mere four-hour notice for the lockdown without taking state governments into confidence.'
The four accused had applied for bail in February earlier this year. The 2006 Malegaon case comprised of two sets of accused.
The prime minister, on his first trip to his Lok Sabha constituency in over eight months, claimed poverty alleviation measures have lacked a proper direction and they are spoken about during election time as a "tradition".
Gift your brother/sister something smart, useful and trendy, says Ashish Narsale/Rediff.com.
The PM spoke about financial inclusion.
As households age, they pile up debt, a peculiarity unique to Indians, a Financial Stability and Development Council report has found. Here are the key takeaways.
Take a bow Kamal Haasan, Vijay Sethupathi, Arvind Swamy, child actors Ramesh and Vignesh and Jayam Ravi.
Customers taking small and convenient steps and some degree of care and precaution while paying digitally will ensure safety and security from new threats that emerge every day, says Avinash Luthria
Many factors have been identified as key drivers of the inequality between rural and urban areas in China and India.
'When the campaign started the Congress said it had been miserable for the last 27 years for UP and that people should get rid of those who made it miserable, and that they should bring back the glorious years of the Congress.' 'Then they joined hands with those who ruled for the last 26 years. Some called it a shrewd strategy, but to the people this was not shrewdness.' 'Where is the credibility in your actions when you change direction of the campaign?'
A look at this week's hits and misses.
Here's looking at the star arrivals.
Security forces say Naxals have amassed nearly Rs 1,500 crore through extortion, kidnapping, looting and the narcotics trade.
Jaitley began his speech by saying that today is the auspicious day of Basant Panjami and that "spring is the season of optimism".
Brokers also want tax rebates, removal of additional tax on dividends, streamlining of GST...
The I-T dept has issued 87 notices under section 24 of the said Act
Union Human Resource Development Minister Smriti Irani on Friday described Prime Minister Narendra Modi as a "great economist", who she said has given a positive direction to the nation's economy.
Long before Prem Ratan Dhan Payo, Rajshri made some beautiful movies.
The bench referred to the June 9 judgement passed by the apex court in which it had upheld the validity of an Income Tax Act provision making Aadhaar mandatory for allotment of PAN cards
All the trivia about Salman and his directors.
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Denmark has been rated as the country with the best retirement system in the world.
EPFO has verified or attested 64.67 lakh Aadhaar numbers.
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
The customs duty from gold imports could be approximately Rs 8,000 crore, about less than half of what was collected a year ago.
In a sensational claim, a suspended Maharashtra anti-terrorism squad officer has told a Solapur court that two of the absconding accused in 2008 Malegaon blasts case are in fact dead but falsely shown as "alive" by high ranking police officers.
'Genuine mistakes can and must be forgiven,' argues Vivek Gumaste.
Hard selling India as an investment destination at the WEF, Modi said the government is following the principle of reform, perform and transform.
