Railway passengers can book their tickets and do shopping using RuPay pre-paid debit cards.
'While they were respectful of the PM, it was clear that as ministers, they owed their positions as much, if not more, to Mrs Gandhi.' 'When attacks were mounted on the PM, there was very little coordinated effort by the Congress, UPA ministers or other politicians to speak up in his favour and strongly defend him.' B K Chaturvedi, Cabinet Secretary during the early years of UPA1, reveals how the Manmohan Singh-Sonia Gandhi equation worked. A riveting excerpt from Chaturvedi's memoir, Challenges Of Governance: An Insider's View
How to use the credit card is more important that the credit limit of the cards or how many you possess.
Central Bureau of Investigation Director Ranjit Sinha on Monday said "collusive corruption" in which there is a willing bribe-giver is emerging as a "formidable" challenge for institutions fighting corruption.
Some overseas investors refuse to be part of roadshows, citing environment risks
Here is what you must not think before buying life insurance, says V Viswanand, Senior Director and Chief Operations Officer, Max Life Insurance
The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
PFRDA will invite bids to appoint pension fund managers.
The Bank of Japan's action has nullified the effects of the end of the US' quantitative easing programme but the dependence of foreign institutional investors remains a concern
It has been a decade since Shyam Srinivasan took over as managing director and chief executive officer at Federal Bank. He wants to ramp up the bank's unsecured lending going ahead even as it homes into the space vacated by competition. Reappointed for a fresh three-year term as the bank's helmsman, he spoke to Hamsini Karthik on the plot ahead.
The US has slapped sanctions against a number of international companies and individuals for evading sanctions against Iran and for providing support for its contentious nuclear programme.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
Sensex rose 5.8% this year, against a 3.2% rise in Nifty; Axis Bank inclusion may blunt Sensex edge
The intention is to have a model with a single-clearing house.
Rediff.com highlights the provisions of the controversial Andhra Pradesh Reorganisation Bill, which was introduced by Home Minister Sushilkumar Shinde in Lok Sabha on Thursday amidst pandemonium.
Analysts say traders have been building long positions on expectations the BJP would sail through in the five Assembly elections
Rediff.com does a quick checklist on what the two manifestos have to say on hot-button issues of the day.
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
Any additional effort to assuage the growing worldwide hunger for infrastructure funding is more than welcome, says Barun Roy.
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
Creating many more half-decent jobs for the 10 million plus new entrants to the labour force each year must surely constitute the primary development challenge for India today.
'The TDP walking out of the NDA is a victory for the YSRCP.' 'The YSRCP wanted it to happen so that it would help them in coming elections.'
From a national point of view, inflation is the biggest threat posed by finance ministers.
On the occasion of the National Stock Exchange's (NSE's) silver jubilee celebration, its MD and CEO Vikram Limaye, bottom, left, spoke to Somesh Jha to discuss the way forward and how the exchange plans to deal with the present set of issues.
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
Nasheed, whose Maldivian Democratic Party functions from Colombo, appealed for India's help.
"The shift is gradually happening more on account of favourable risk-reward for stocks in these sectors and the shift would be more pronounced as investors roll over their targets to 2017," the head of research at a foreign brokerage said.
A glance back at some important events that occurred in 2018.
Bad loans continue to originate mainly from state-owned banks, where the top management's responsibility is not linked to career prospects nor has legal consequences, says Debashis Basu.
Ramdev's company remains a dominant player in the naturals space, but products of rivals are also gaining popularity.
'Both India and Japan can find themselves in a win-win situation if they draw some lessons from each other's strengths,' says Dr Rajaram Panda.
The move will to a large extent speed up the monetary transmission process--which is banks passing on the rate cuts that the Reserve Bank announces to their borrowers without much delays--something that has been missing all these while and something that the RBI has been unhappy with.
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.
With a sole mandate of inflation targeting, RBI wears many hats.
On Wednesday, the Chinese authorities extended a ban on sales of shares by large shareholders.
Control over PSU banks is what is allowing the government to drive this scheme.
'If the RSS should be saluted for choosing such a scholarly statesman to address its highly trained cadre, one must also praise Pranab Da's sagacity for having gracefully accepting the invitation, thus disapproving any ideological apartheid,' says former BJP MP Tarun Vijay.
'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'
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