The road ahead will be long and winding and much resistance can be expected from the high-flying 'hawks' in our skies. But that should not deter the policymakers from planning a road map with the 'big picture' in mind, observes Ambassador M K Bhadrakumar.
The coronavirus pandemic has changed how businesses look at payments. Earlier, fintech companies said when they were talking to merchants, they were not interested in digitisation.
There can be no one answer to the question at the centre of an anxious debate across a world coping with COVID-19 and wondering what will happen if another one comes, but the global scientific community has been working on multiple tracks to ensure that humankind is better prepared.
FTIL stock on Thursday fell by over 60 per cent in early morning trade, while that of Multi Commodity Exchange plunged by 20 per cent following concerns about another group entity National Spot Exchange Ltd.
Customers using mobile wallets, prepaid payments cards, and paper vouchers such as Sodexo have been absolved of liability for fraud if it is reported within three days.
'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.'
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
Elephants in Kerala will soon have the luxury of 'ambulance' service to transport sick and injured jumbos.
As many as 17 such innovative ideas incubated during 3-day long startup accelerator held at IT park Chandigarh
The Hyderabad incident had sparked demands of swift punishment to rape convicts. The news of the 'encounter' killing led to celebrations in some quarters and concern in others.
This could change the way diamonds are traded.
RBI seeks detailed report on what happened between 2011 and now; bankers to recall loans to Nirav Modi entities.
'India should not be taken by surprise if the Biden administration seeks China's cooperation at some point,' alerts Ambassador M K Bhadrakumar.
December 3, 2021 marks 50 years since the beginning of the 1971 War which ended in a decisive military victory for India and the liberation of Bangladesh. Most analysts of the 1971 War agree that the IV Corps dash across the mighty Meghna river led by the brilliant General Sagat Singh was the turning point in the war, recalls military historian Colonel Anil A Athale (retd).
What will be its impact on the banks's balance sheets? Since banks need to provide for 10 per cent of the loans restructured, they would need Rs 50,000 crores to Rs 80,000 crore for this purpose, notes Tamal Bandyopadhyay.
Bankers say there is palpable fear among erring promoters that the banking system just cannot be taken for granted, and any delay in loan repayment could mean promoters losing business
With real estate valuations falling and other deals coming unstuck, the current management's improved target faces significant challenges.
Finance Minister Arun Jaitley on Wednesday said it was responsibility of banks to ensure no defaulter manages to get away.
The focus shall also be on consolidation of public debt and reducing rollover risk through active switch/buyback operations.
A photo symbolising "love and compassion" of an 85-year-old Brazilian woman getting her first embrace in five months from a nurse through a transparent "hug curtain" has been named the World Press Photo of the Year. This year, according to organisers, 74,470 images were submitted for judging, made by 4,315 photographers from 130 different countries. World Press Photo has been kind enough to allow to share some of this year's winning photos here with you.
EMR might have the provision to show pricing for each ailment.
'Given the way in which the PLA operates today, I don't believe local commanders were necessarily acting without approval of higher levels.' 'They were acting in a way which they believed they were carrying out the intent of the higher levels.'
The court also allowed Indian Banks' Association, another respondent, to file a response.
Close to 20 regional stock exchanges, including the big exchanges of Delhi, Chennai, and Bengaluru, have voluntarily exited in the face of SEBI's stringent regulations. Namrata Acharya finds out what makes CSE continue to fight its lone battle.
These together account for 40 per cent of bad loans of around Rs 4 trillion.
The ancient Jordanian city and its immense faades were lost for almost 1,000 years!
Foreign portfolio investors have been net positive since the Union Budget
'Some of his decisions were not so good, but his intentions were always guided by a deep national interest.'
The initiative would provide double the relief announced by the states of UP and Maharashtra, the Punjab CM said.
From July 1, retail investors can offer stocks through exchanges for de-listing, buyback and open offers
'Modi came out with this huge announcement that he has given a historic price rise to farmers.' 'It was actually a fake price. He did not give the price mentioned in the BJP's election manifesto.' 'So, Modi gave an incomplete price rise and publicised it as if he has completed his job.' ''This government has surely proved that it does not care about farmers in any way.'
The proposed acquisition is expected to close by the end of 2014, subject to approvals from Indian Courts and the anti-trust body in India and the US
The Emergency greatly influenced the RSS' makeover from a fringe force in the Indian political imagination to one that could have its own man sworn in as prime minister in two decades' time. A riveting excerpt from Christophe Jaffrelot and Pratinav Anil's India's First Dictatorship: The Emergency, 1975-1977.
Soon after the BJP lost the 2004 election, the stockmarkets went into unprecedented free fall. Then SEBI Chairman G N Bajpai reveals how his firm handling of the situation restored confidence and soon the markets were back to doing what they do best -- make money. A revealing excerpt from his book, A Game Changer's Memoir.
The World War I had been triggered by an assassination in then relatively unknown Serbia.
Unified Payments Interface launched to simplify mobile banking.
The 90-day compliance window to declare overseas wealth ends on September 30.
'People are getting admitted to hospital two to three days before their death in a very serious respiratory compromise state and they are passing away within 48 hours.' 'Those who are coming early in the disease, the minute they are suspicious that they have COVID-19, the recovery rate has been much, much, higher.' 'The moral of the story is: We must destigmatise COVID-19.' 'People should be told: 'Look, if you have anything like this, please come immediately'.'
Govt is keen to push reforms in the insurance sector.
The neighbour to help in development of 100 smart cities project announced in the Budget.
