Infosys, country's second largest software services firm, has not made any profit on government projects because of red-tapism and other issues, its co-founder N R Narayana Murthy said.
Smart cities can provide more safety, better management of traffic congestion, a low-carbon environment and better services.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
The Paytm Payments Bank will be headquartered in Noida and kick off its services from east and north to begin with
There is some hope for these companies, with Finance Minister Arun Jaitley saying there was a need for legislative backing for private companies that were using Aadhaar. Adding that a careful reading of the judgment is required, Jaitley said this could be "temporary".
Ranju Sarkar finds out more about Nowfloats, the start-up that is used by 240,000 businesses that reach 13 million consumers.
The Reserve Bank is likely to increase key policy rates by at least 25 basis points in its first quarterly review of the monetary policy on Tuesday to tame inflationary expectations.
Modi called for a new global index based on talent, technology, transparency and trusteeship towards the planet in the post-corona world.
Social integration with inclusion is is most necessary.
Blinken and Indian leaders on Wednesday will discuss a plethora of pressing issues such as the fluid situation in Afghanistan, regional security concerns, COVID-19 response and ways to boost Indo-Pacific engagement, people familiar with the agenda of talks said.
'As Indians, we should be claiming and celebrating 'Bhartiyata' rather than seeking commitment to beliefs which are divisive and exclusionary.'
Here's the full text of address to the nation by President Ram Nath Kovind on the eve of the Republic Day 2022.
United Nations General Assembly on Friday appointed Antonio Guterres as the UN Secretary General for a second term beginning January 1, 2022, days after the powerful Security Council unanimously recommended his name to the 193-member body for re-election.
The PM said Japan and the Indian diaspora has a big role to play in India's growth story.
Chairing an exclusive roundtable with 42 global CEOs and top executives from across 20 sectors, Modi stressed on continued political stability in India, predictability of policy, and pro-development and pro-growth policies.
'It has also saved the government about $ 9 billion in fraud and wastage because by having that unique number you eliminate fakes and duplicates from your beneficiary and employee list,' Nilekani said at an event on the sidelines of the annual meeting of the International Monetary Fund and the World Bank.
Modi said that in the last four years the government has worked for creating a New India by 2022.
The Modi government is notoriously honest about one fact: It does not listen to economists, observes Shekhar Gupta.
On building a world class digital infrastructure, he said that 75 per cent work was done and it would be available by middle of 2015.
'If Facebook were a country, it would be the third most populous one and the most connected.'
It is widely believed that Nandan Nilekani's meeting with Prime Minister Narendra Modi saved the ambitious Aadhaar project from oblivion or a takeover by the home ministry.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced to raise Rs 7,350 crore from two investors -- Singapore's sovereign wealth fund GIC and Global alternative asset firm TPG -- by selling a stake in group's retail arm.
Any judgement on whether the March numbers reflect sustainable growth in GST collection should ideally await the numbers that will be out in May, points out A K Bhattacharya.
'We are calling for democratic accountability even as we talk about Digital India.' 'We are not against Digital India and it is important for India, but the government should not see what is applicable just to entrepreneurs but also to the vast majority of Indians who do not have the kind of advantages that many Silicon Valley entrepreneurs have.'
Chinese foreign ministry spokesperson Hua Chunying said Chinese President Xi Jinping called for moving globalisation to a more open, inclusive, universal, balanced and win-win direction.
Rejecting IMF and World Bank's "unduly" pessimistic projections, Prime Minister's key economic advisory council chairman C Rangarajan on Thursday exuded confidence that the growth would be around 5.5 per cent in the current fiscal.
Giving priority to one's ideology over national interest has harmed the democratic system of the country a lot, Modi said in his address to students after unveiling the statue through video conferencing.
'Whether or not Chandrashekhar Azad succeeds or fails electorally, he has already made democratic politics more accountable to Dalits.'
A real life tale is always exciting, especially when done right, and so you are hooked to the proceedings right from the word go, applauds Joginder Tuteja.
He said it is natural for India to hold its 1st overseas start up event in the Silicon Valley.
PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
The Jan-Dhan accounts are zero balance accounts, comes with a life cover of Rs 30,000 per person, and an accidental cover of Rs 100,000. An active user of the account can also get overdraft facility of Rs 5,000 from banks.
India and England are set to lock horns in a five-match Test series.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
Images from Wednesday's IPL match between Chennai Super Kings and Delhi Capitals, in Chennai.
In a letter to the Business School community on Wednesday, Nohria said he will step down from the position of dean of the Harvard Business School (HBS) on June 30, 2020, after a decade in the role.
The appointment of Yogi Adityanath as UP CM, the revival of the Ram Temple movement, the elevation of a ban on cow slaughter as a national priority, and the targeting of any social behaviour deemed contrary to a set of narrowly prescribed Indian values point to a social regression that contradicts the inclusive and forward-looking impulse that underlies Modi's vision of a modern India.
So far the coronavirus, which originated in the Chinese city of Wuhan, has infected more than 54 million people around the world and killed over 1.3 million others.
The preference for digital banking now cuts across all customer segments.
