Railways to hive off all production units and workshops into new govt-owned company; may invite bids from private players to run passenger trains in next 15 days, with ownership vesting with the government.
The war between hackers and banks over ATM security will be dynamically redefined, notes Atanu Biswas.
10 per cent for those who earn up to Rs 30 lakh a year and 25 per cent for those who earn more, suggests T C A Srinivasa-Raghavan.
The military will now demand further pay and promotion parity with civilians
Most of the scanty 6.35% rise in the defence budget is accounted for by manpower and running expenses.
Subramanian recommended five ways of financing additional expenditure over a period of one year, including cutting expenditure and borrowing directly from the RBI or monetising debt.
Now, 83 per cent males and 77 per cent females have formal bank accounts but they are hardly using them
Rediff.com does a quick checklist on what the two manifestos have to say on hot-button issues of the day.
Prime Minister Modi made a strategic blunder of Nehruvian proportions -- presuming no war can happen now, and the Chinese won't be a military threat and risk their economic interests, observes Shekhar Gupta.
Functional asset allocation recognises that there are three basic asset allocation categories.
Retirees and labour officials acknowledged that the city's finances were in a shambles and they would have to share in the sacrifice to help Detroit recover.
The country's new economic roadmap highlights the importance of creating a virtuous cycle of investment, savings and exports in order to sustain rapid economic growth over the next five years.
Officers from the rank of Deputy Inspector General (DIG) up to the top-most rank of Director General (DG) in these four forces retired after attaining the age of 60.
'Completely disregarding ground reports of starvation deaths owing to Aadhaar and potentially disguising these deaths to look like accidents appears brutal,' says Rajendran Narayanan.
Indian Railways has tied up funds for the next two years for its ambitious modernisation programme.
It's time Rahul Gandhi became attuned to the reality of the 21st century instead of recycling failed political jargon of the 20th century,' argues Virendra Kapoor.
The govt has incentivised the worst of investment products.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Even today, many MFIs already distribute pension and micro insurance products to low-income households.
The NFC-phone-cum-scanner is simpler since fingerprints are used to verify identity. For a typical village, the cost would drop from Rs 1.5-1.7 lakh (Rs 1,50,000-Rs 1,70,000) to Rs 20,000. What of the transaction costs? Right now, the government gives banks 2 per cent of the amounts being transferred as commission, and the bank shares this with its business correspondents.
It is easy to criticise but difficult to transform an institution, says CJI Misra
In other welfare schemes, such as those for cooking gas, pension and scholarships, which are linked to DBT, cash is transferred directly into the bank accounts of beneficiaries.
Havildar Abhilash Singh (retired) has been taken to hospital. He was on relay hunger strike.
The AG said that due to Aadhaar, government has saved over Rs 50,000 crore on the schemes to benefit the poor as well as the pension schemes.
'There were tears in my eyes when I parted with my medals. I thought was it for this moment did I become a soldier?' In 2008, Captain H Balakrishnan (retd) of the Indian Navy returned all his medals to the President of India to protest the government's failure to implement the One Rank One Pension scheme.
Mamata Banerjee fended off a spirited challenge by a resurgent Bharatiya Janata Party in West Bengal with a landslide victory for her Trinamool Congress on Sunday for a third consecutive term and the saffron party and the Left Democratic Front were poised to form government again in Assam and Kerala respectively while the Dravida Munnetra Kazhagam stormed back to power in Tamil Nadu after a gap of 10 years.
Universal basic income or social security? Economist Nitin Desai feels we need a blueprint for universal health care and pensions to help the vulnerable section.
A tweet by the Press Information Bureau said the states which have imposed lockdown in all districts include Chandigarh, Delhi, Goa, Jammu and Kashmir and Nagaland. The other states are: Rajasthan, Uttarakhand, West Bengal, Ladakh, Tripura, Telangana, Chhattisgarh, Punjab, Himachal Pradesh, Maharashtra, Andhra Pradesh, Meghalaya, Jharkhand, Bihar, Arunachal Pradesh, Manipur, Tamil Nadu, Kerala, Haryana, Daman Diu and Dadra and Nagar Haveli, Karnataka and Assam.
Jaitley's fifth Budget has provided little relief to the middle class.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
It will be interesting to see whether India-China border tensions figure during the deliberations of PLA deputies to the NPC and CPPCC, notes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?
Else, repent when you reach your golden years
The minister plans to reinstate the Railways as the backbone of the economy
Recently, the government announced yet another ambitious scheme aimed at providing health insurance to 50 crore individuals.
The defence sector is seeing renewed interest by Indian corporates, says Jyoti Mukul
He cautioned people against forces inside and outside India which are working against the country by targeting it and its constitutional values.
Whilst politicians promise to uphold the honour and interests of our soldiers, the very opposite is being done, says Karan Thapar.
Sebi has put in place a strong deterrence to check any misuse of participatory notes.
The HR challenge seems to be one of the most important issues that RBI Governor Shaktikanta Das will have to tackle.
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