'EPFO's investments this financial year should be Rs 1 lakh crore'
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.
The Central Board of Direct Taxes is set to rationalise I-T rules.
The first stage of the inclusion strategy was focussed on opening bank accounts, logically seen as creating the last-mile channels for financial access.
'Your strike rate is very important when it comes to seat-sharing.'
'India is a country where many of the problems need local solutions and some be solved using basic science.'
These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.
EPF is the major vehicle for the long-term savings of organised private sector employees.
The government has opted for the RuPay debit card over the Aadhaar-based platform for "last-mile" authentication in its Pradhan Mantri Jan Dhan Yojana.
Investors with stalled projects and mounting bad debt will refinance their loans.
When industrial output and inflation fall simultaneously, though it is both a piece of good and bad news, taken together they can signal clear signs of an economic slowdown.
There is little scope for significant monetary easing even in the next fiscal year.
Your social media profile may soon be your ticket to a loan or a credit card, says Abhishek Agarwal
What is it about Arohan that puts it in the top league of microfinance institutions in the country?
Work hard, earn more, save well, invest wisely and love your money. But, love yourself first!
Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.
Rumours about a spike in taxes for equity investors are flying thick and fast.
'Look at Mr Modi. He is a part of this new middle class.' 'India has never before seen this kind of social mobility, certainly not since medieval times.' 'As a result, India's entrenched elite, which is a class of people with a strong sense of entitlement, is being tamed,' Sanjeev Sanyal tells Shyamal Majumdar and Arup Roychoudhury.
While the US is definitely recovering, Europe, Japan and, now, China are all going through another wave of what some fear could be a multi-year slowdown.
Low oil prices also means effectively transfer of wealth from the producing nations to the consuming nations
'How Xi Jinping will withdraw the aggression and justify it to his Communist party in case of a negotiated settlement might be his biggest headache.' 'Unless he is ready to gamble on an armed conflict, whose outcome given India's battle-readiness and determination is always uncertain,' observes Virendra Kapoor.
'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.'
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
Asia has opened largely in the green ahead of a raft of Chinese data due during the day.
Higher growth, reform bets have boosted returns but leave limited room for error.
The agreement was signed on Tuesday at state's Isaac Regional Council meeting.
Condemning strongly the terrorist attack in Paris, India on Sunday made a case for united global effort to combat the menace of terrorism.
From lack of big reforms to regressive tax policies, the Modi govt has surrendered its initial momentum, says Shishir Asthana.
With the Maharashtra government doling out pieces of the lush green Aarey forest to various utilities, the tribals living in it for generations are feeling increasingly insecure. Hepzi Anthony reports.
MCX Stock Exchange is bullish on breaking-even in one year's time frame.
When you talk about finances, you need to have a goal to invest.
'We have nothing to gain by helping any other country to become a threat to India,' former Sri Lanka president Mahinda Rajapaksa, who is on the comeback trail, tells Rediff.com in an exclusive interview.
We are much better placed than in 2013 with our overall fundamentals much stronger - higher foreign exchange reserves, a more favourable growth-inflation mix and an institutional framework for targeting inflation, says B Prasanna.
They will enable the people to access and enjoy the same rights, same privileges and same facilities as their fellow citizens in the rest of the country, he said.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
Tendulkar and his elder brother Ajit have time and again recalled how Achrekar would stand behind trees and watch Tendulkar bat to let him play freely.
India has experienced hands and will emerge with flying colours, declares Inspector General Gurdip Singh Uban (retd).
'Gloom is nowhere in sight, with healthy foreign exchange reserves, a strong rupee, healthy tax collections, corruption and crony capitalism under check,' argues Gopal Krishna Agrawal.
The curious thing is that savings instruments have not really kept pace with changing needs, although people have access to a wider variety than before.
Adhil Shetty, CEO, BankBazaar.com shares his thoughts on what could help make digitisation and going cashless easier in the New Year.
