Could it have been more reformist? Of course, but this is an election year Budget, observes Akash Prakash.
Under the proposed mechanism, the finance ministry has said banks will notify customers when someone tries to deposit money in their accounts, a government official said.
The MNS has convened a meeting of party office-bearers on Tuesday in Mumbai to discuss the issue.
With equity and commodity exchanges allowed to enter each other's areas from October, brokerages are pump-priming their businesses to allow their clients seamless trading in commodities and equities.
The PM said that the Union Budget will accelerate the economic growth, financially empower every citizen and strengthen the foundation of the economy in the new decade.
Under the 20.68 km-long monorail project, services will be provided between Poonamalle and Kathipara with a link from Porur to Vadapalani in Chennai, a senior UD Ministry official said.
As all regulators are part of it, individuals don't need to worry about approaching the right authority
Top officials in key ministries, including finance and IT, are of the opinion that a sensitive payments system such as UPI should not be on a platform whose security is possibly compromised.
'China's opaque defence allocation processes are shrouded in mystery and have triggered security dilemmas among its neighbours and others,' notes China expert Srikanth Kondapalli.
India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.
"I am sure that the attempts to stall development and throttle democracy at gunpoint will not be successful ever," the home minister said at the meeting, being held two weeks after 25 paramilitary personnel were killed by a band of Maoists in Chhattisgarh.
The government is scrambling to contain the fiscal deficit at 4.1 per cent of GDP in the fiscal year ending March
RBI may hold rates steady as economic parametes are going strong, say experts.
"I invite each one of you to become a partner in India's growth story. And once again assure you of our wholehearted support."
'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.
Indian Air Force on Friday raised its first squadron of the home-grown Light Combat Aircraft Tejas with the induction of two aircraft into the force at the Aircraft System Testing Establishment in Bengaluru.
India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).
Watal panel had suggested an independent payments regulator be set up.
Shortage of seeds, threat of El Nino expected to restrict sowing.
The Street is never short of hope and events to look forward to
Discussions are on in government about how to make the process simpler for the poor and more cost-effective for telecom operators, says Subhomoy Bhattacharjee.
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
'The strategy has to be restoring order in one part and countering the very effective propaganda through a very nimble monitoring and response system,' says Lieutenant General Syed Ata Hasnain, who retired as the General Officer Commanding of the Srinagar-based 15 Corps.
'The government's proposal to store citizens' data including Aadhaar data under its Digital India initiative on cloud is violative of the citizens' human rights because the cloud is admittedly beyond India's jurisdiction.'
The verdict in the right to privacy case is historic and of global significance because it establishes dharma, righteousness and destroys adharma.
The verdict in the right to privacy case is historic and of global significance because it establishes dharma, righteousness and destroys adharma.
"Reform is not an end in itself. Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," he said.
Indian economy about to take-off
Aam Aadmi Party on Wednesday came out with its manifesto for the December 4 Delhi polls, promising to enact Jan Lokpal Bill in 15 days if voted to power.
Here comes the moment of truth. Modi prides himself on offering an "incorruptible" government. Will he dilute the Prevention of Corruption (Amendment) Bill to coax the administration's fealty and compromise his self-image?
Govt says coastal road is meant to decongest Mumbai, experts believe it would be counter-productive.
