In a festival gift to borrowers, the finance ministry on Wednesday approved guidelines for a scheme for grant of ex-gratia payment of the difference between compound interest and simple interest for six months of loans up to Rs 2 crore.
Tech giant Google on Thursday said it has reviewed hundreds of personal loan apps in India that were flagged by users and government agencies and those found to be violating its user safety policies were immediately removed from its Play Store.
Replying to the notice issued, the Central government said that ex-gratia amount cannot be paid due to financial constraints and other factors.
Among key guidelines, the e-commerce companies will also be required to ensure that personally identifiable information of customers are protected.
Chinese President Xi Jinping is all set for an unprecedented third five-year term as he was 'elected' to the powerful Central Committee of the ruling Communist Party on Saturday while several top leaders including Premier Li Keqiang have been left out in the major shake-up at the top.
The framework also envisages amendments to the Prevention of Corruption Act to exempt commercial decisions by PSBs from scrutiny by investigating agencies. Both the amendments are likely in the monsoon session of Parliament.
Out of 120 members of the Knesset (Israeli parliament), Netanyahu has the support of 64 members
Payment aggregators should have a minimum net worth of Rs 100 crore and if they don't manage to arrange that money within one year of putting out final guidelines, they should stop doing their business, says central bank's draft paper.
Here are some top quotes from Prime Minister Modi's speech in the Lok Sabha.
The discount should be equal to interest rates on savings bank account deposit of State Bank of India.
The EC also extended the silence period from 48 hours to 72 hours in each of the remaining three of the eight phases of the West Bengal polls to be held on April 22, 26 and 29.
'If you look at the order books of capital equipment companies or money deployed on the ground, there is forward movement in terms of actual investment by the private sector.'
Given the fiercely competitive political environment, observers naturally associated an element of appeasement with the Shinde government's move, Shyam G Menon points out.
The Delhi high court on Friday directed the Delhi government and the police to ensure that the number of Afghan nationals, protesting outside the UNHCR office in New Delhi and seeking refugee status, is suitably reduced and they strictly follow Covid-19 appropriate protocol.
Scott Price is learnt to have conveyed to Sharma that Walmart remained committed to the India market.
In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies. IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country's only railway ticketing platform, an IRCTC official told Business Standard. The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise.
When I was very new at my job I recall a colleague who felt it was ok to get too close for comfort or even try to hold my hand if he got a chance. I was too afraid to speak up because he had tenure in the organisation and was a favourite with my boss, remembers Aarti David.
'There are already multiple lawsuits against the IT rules.' 'So questions of compliance are like rearranging deck chairs on the Titanic.'
According to federal law, airlines are prohibited from discriminating against passengers based on religion, ancestry and national origin, among other criteria.
The Karnataka Congress is a "united house" and it will fight the assembly polls next year on its own under a "collective leadership", party's state unit chief DK Shivakumar said on Thursday.
With the #MeToo movement taking the world by storm, sexual harassment came up for discussion at the three-day ICC Board meetings in Singapore, which concluded on Saturday.
The IED that pierced the rooftop of one of the IAF buildings at the Jammu airport carried less than one kg of RDX and a cocktail of other chemicals whereas the one that was dropped on the ground contained a little over one kg of the deadly explosives along with some ball bearings.
The Uddhav Thackeray-led Shiv Sena faction on Monday approached the Delhi high court seeking quashing of the order of the Election Commission of India (ECI) freezing the party name and election symbol.
It noted that the government could not accurately anticipate the gravity of the possible resurgence of the pandemic and its subsequent waves.
The court made the point clear while hearing a batch of pleas by several account holders challenging their suspension and deletion by the social media platforms.
Pradhan said a National Data Repository which will store information on all sedimentary basins of the country is being pursued on top priority.
The Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines that will allow car dealers to become Motor Insurance Service Providers (MISP) and offer the policies of multiple general insurers, says Sanjay Kumar Singh.
Come October 1, merchants, payment aggregators and acquiring banks can no longer store the card details of customers.
However, that could only be for sectors where 100 per cent FDI is allowed under the automatic route and pose no risk to national security.
Seven decades after they became extinct in India, eight Cheetahs arrived in the country from Namibia by a special flight on Saturday morning and were released by Prime Minister Narendra Modi in Madhya Pradesh's Kuno National Park (KNP).
Google received over 27,700 complaints in April this year from individual users in India over alleged violation of local laws or personal rights, which resulted in the removal of 59,350 pieces of content, the company said in its maiden monthly transparency report.
Maharashtra Health Minister Rajesh Tope on Thursday told Prime Minister Narendra Modi that mucormycosis or black fungus, which has claimed 90 lives in the state so far, is a matter of prime concern for it at present, and the state government needs more supply of the medicine used in its treatment.
The CBI after registering the FIRs carried out searches on Thursday morning at 14 locations in Jammu, Srinagar, Delhi, Mumbai, Noida in Uttar Pradesh, Trivandrum in Kerala and Darbhanga in Bihar, they said.
The final guidelines to link the interest rate to external benchmarks will be issued by the end of this month
On October 31, Chaudhuri was arrested from his Delhi home by the Jaisalmer police for his alleged role in crippled Rs 200 crore Garh Rajwada hotel project in the city which was sold for Rs 25 crore to Alchemist ARC in March 2014. The project was financed by the bank in 2007.
The content 'actioned' belonged to categories including bullying and harassment, violent and graphic content, adult nudity and sexual activity, child endangerment, dangerous organisations and individuals, and spam, among others.
The ministry and the civil aviation regulator have said the government will consider the airline's request for slots as per existing policy.
The report suggested that the tariffs can be made simple and transparent.
Union Minister of State for IT and Communications Milind Deora will be taking on Shiv Sena, Maharashtra Navnirman Sena and Aam Aadmi Party candidates as he tries to win the South Mumbai seat for the third time in the forthcoming Lok Sabha elections.
Govt's move will facilitate entry of global giants such as Total SA of France, Saudi Arabia's Aramco, BP Plc of the UK, and Trafigura's downstream arm Puma Energy.
