The minders of the Modi government's economic policy believe it would take 7 to 8 quarters -- or till around late 2018 -- for the economy to reap the rewards of demonetisation.
On government's last week's announcement of revamping of PSU banks, Fitch Ratings said the move is "credit positive, but risks remain".
Digital services work best when the seller designs a system where default options are designed to help the buyer, says Debashis Basu.
Fear of Sheena Bora inheriting the entire property of her and her husband in the event of the victim's marriage to Peter Mukerjea's son Rahul is said to be the prime motive for Indrani Mukerjea to do away with her daughter, according to the Central Bureau of Investigation chargesheet in the sensational case.
It's not e-retailers alone. Bankers are also celebrating initiatives like 'Big Billion Day Sale' this festive season.
The flood-ravaged city was on Saturday struggling to return to normalcy with partial restoration of telecommunication and train services.
Prime Minister Narendra Modi on Thursday launched his government's mega scheme ' Pradhan Mantri Jan Dhan Yojana', declaring that it was aimed at eradicating financial untouchability by providing bank accounts to the poor.
Raids are being carried out across the country by the Income Tax department in the wake of the burgeoning fake currency racket post demonetisation, as currencies both new and old have been seized in large amounts from Bengaluru, Panjim and Faridabad besides the national capital.
A relatively dry spell in Chennai and its neighbourhood brought relief to the flood affected residents and rescue agencies, as hopes of water receding fast went up.
Dubbing the next election a choice between governance and development on one side and chaos on the other, the prime minister cited the example of Karnataka, where the Congress-Janata Dal(Secular) alliance 'stole the mandate' to form government with 'development taking a back seat'.
Non-Performing Assets are a wake-up call for public sector banks.
The incidence of more crimes across Tamil Nadu is threatening to make law and order an inevitable poll issue in the state-wide local bodies elections due only months from now, says N Sathiya Moorthy.
Indian govt is trying hard to get global investors to invest in the country.
The meeting will be attended by all heads and EDs of public sector banks
After a brief lull, intermittent rains lashed Chennai and its suburbs on Sunday, while the weatherman predicted more showers in Tamil Nadu over the next 48 hours.
Former media baron Peter Mukerjea, husband of prime accused Indrani Mukerjea in the Sheena Bora murder case, was on Friday charged with murder.
After snapping his political alliance with the ruling National Democratic Alliance at the Centre, N Chandrababu Naidu, chief minister of Andhra Pradesh, speaks to B Dasarath Reddy on what he now has in mind.
Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.
The best analysis of politics does not come out of air conditioned newsrooms, but from the voices on India's streets. Rakesh Kumar Singhal -- once an army jawan, then an ONGC employee, then a tea shopwallah -- reveals why he left the Congress for Modi.
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
He said 90 IS sympathisers had been arrested across the country.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
'Initially, we had 48 teams, now it has been enhanced to 133 teams: that is for every 10 to 12 villages, there is a team that is working round the clock.' '133 x 3, that is, given the 8-hour shifts.' 'They are monitored every hour, they are equipped with GPS -- everything is tracked live, real time, from the control room.'
These trips can be as short as a month to 45 days.
Non-resident individuals (NRIs) have also been allowed to apply for the niche banking licence, provided they plan to return to India.
In leading companies in Information Age industries, the word "manager" is taking on a pejorative meaning -- something like "zamindar" -- a man who lived off other people's work and did no work himself, says Ajit Balakrishnan.
Who will make the most of the disruptions of 2016 this year? Mihir Sharma's list of probables.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
The fund industry may have embraced machines and robots, but managing money still needs the human touch
These projects are targeted at financially well-off and upwardly mobile Indians.
Paloma Sharma -- the only non-middle aged, non-canine member of the home -- on a Sunday spent at the bank.
Distress sales, market closures and anchoring of fishing fleets have been reported from West Bengal, Andhra Pradesh, Tamil Nadu and Kerala.
With Narendra Modi about to make his first Independence Day speech, there is a buzz in Delhi that Modi will make some big announcements to signal major reforms and directional shifts. But we have to wait and see if it happens, says Mohan Guruswamy.
