Available evidence suggests that we are on the way to a very costly failure of the current demonetisation scheme, says M R Narayana.
Accusing the Congress of putting its interests above the country's, Prime Minister Narendra Modi on Friday tore into the Oppposition, saying unlike earlier when opposition parties stalled Parliament against scams, Congress- led parties are now doing so against government's steps to curb black money and corruption.
The idea of the payment banks is to provide access to banking for people, especially in rural areas.
'The whole country supports the government. The exceptions are only two -- those who thrived on black money and those who are inimical to Indian interests,' argues Major General Mrinal Suman.
'Fear is also a great impetus to push people in the right direction.' 'So, everyone who has touched black money is scared and I'm very happy about it.'
The impending default on the IMF loans leaves Greece sliding towards an exit from the euro.
More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.
'There are a lot of positive things these reforms are bringing about and it is only a matter of some quarters before the growth rate picks up momentum.' 'Until then we need to be a little bit patient.'
'With technology advancing rapidly, the need for branches is declining.'
The govt has a lot more to do then just open bank accounts for the poor in the Jan Dhan scheme.
The meeting will be attended by all heads and EDs of public sector banks
Drones are of course, remotely controlled and modern ships are also chip-driven.
Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.
Prime Minister Narendra Modi on Thursday launched his government's mega scheme ' Pradhan Mantri Jan Dhan Yojana', declaring that it was aimed at eradicating financial untouchability by providing bank accounts to the poor.
A big part of October's charm is in its taking of a cinematic tragedy and presenting to us how we may experience it in real life, says Sreehari Nair.
In leading companies in Information Age industries, the word "manager" is taking on a pejorative meaning -- something like "zamindar" -- a man who lived off other people's work and did no work himself, says Ajit Balakrishnan.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
'Even with the restrictions of depositing more than Rs 2.5 lakh in a bank, people will find new methods to convert this cash hoard into legal tender.'
Lawyer turned entrepreneur Parama Ghosh shares her story.
The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.
What is Change really like in Bihar? Once seen as India's basket-case, what is its turnaround story like?
What is Change really like in Bihar? Once seen as India's basket-case, what is its turnaround story like? Archana Masih reports from India's other most talked about state.
