News for 'financial inclusion india'

Explained: How India can resurrect NAM

Explained: How India can resurrect NAM

Rediff.com25 Oct 2019

'Instead of writing NAM's obituary, India should reinvent it,' suggests Dr Rup Narayan Das.

Former cabinet secretary TSR Subramanian no more

Former cabinet secretary TSR Subramanian no more

Rediff.com26 Feb 2018

On his PIL, the SC had in 2013 directed the Centre and the states to set up a Civil Services Board to decide on transfers of officers.

Roaming charges will not pinch us hard, thank you Rahul Khullar!

Roaming charges will not pinch us hard, thank you Rahul Khullar!

Rediff.com14 May 2015

Telecom subscribers had it good during Rahul Khullar's watch as Telecom Regulatory Authority of India (Trai) chairman.

Modi lists game-changing achievements, assigns 'A' grade to his govt

Modi lists game-changing achievements, assigns 'A' grade to his govt

Rediff.com7 Nov 2015

Modi govt says its economic score on all coutns is very good.

Markets waltz to record closing highs

Markets waltz to record closing highs

Rediff.com18 Aug 2014

ICICI Bank, ONGC and Tata Motors contribute to nearly 50% gain seen on the Nifty.

When it comes to salary, India Inc has its job cut out

When it comes to salary, India Inc has its job cut out

Rediff.com2 Mar 2021

The new definition under the Code of Wages, 2019, includes three components: basic pay, dearness allowance and retention payment.

Sushma makes strong pitch for India's permanent seat at UNSC

Sushma makes strong pitch for India's permanent seat at UNSC

Rediff.com29 Sep 2018

Swaraj emphasised that the UN must accept it needs fundamental reform.

How India's young innovators do well by doing good

How India's young innovators do well by doing good

Rediff.com25 May 2018

'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.

India doesn't eye anyone's territory: PM to PIO parliamentarians

India doesn't eye anyone's territory: PM to PIO parliamentarians

Rediff.com9 Jan 2018

The prime minister said India has always played a constructive role in the world and that Gandhi's philosophy of non-violence can counter extremism and radicalisation.

Govt mulls universal health insurance plan

Govt mulls universal health insurance plan

Rediff.com28 Dec 2015

The states will be asked to tap the Centre's JAM trinity.

Mamata promises basic income for all, expands OBC listing

Mamata promises basic income for all, expands OBC listing

Rediff.com17 Mar 2021

Trinamool Congress supremo Mamata Banerjee on Wednesday unveiled a 'development-oriented' manifesto for the upcoming assembly polls in West Bengal, promising an income scheme for all families, a student credit card and constitution of a task force to examine the inclusion of several communities under the OBC category.

Big opportunity in small & payment banks for IT cos: Nasscom

Big opportunity in small & payment banks for IT cos: Nasscom

Rediff.com6 Sep 2015

The payments banks are intended to house transactional accounts for individuals, focusing on payments and remittances.

'Use UN's 70th birthday to promote human rights everywhere'

'Use UN's 70th birthday to promote human rights everywhere'

Rediff.com18 Sep 2015

'Human rights issues continue to be exploited selectively, more often for narrow short-term political ends,' Modi tells Ban.

Modi reforms flicker in rural India, other big challenges remain

Modi reforms flicker in rural India, other big challenges remain

Rediff.com13 May 2016

While many promises remain unrealised, power reforms and the creation of tens of millions of new bank accounts have helped Modi maintain his popularity

'Large-caps, especially with a value bias, are preferable at this stage'

'Large-caps, especially with a value bias, are preferable at this stage'

Rediff.com7 Jan 2022

'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'

How India can hurt China without going to war

How India can hurt China without going to war

Rediff.com3 Sep 2020

The time is ripe to extend the confrontation with the Chinese to the maritime domain, says former RA&W officer Krishan Varma.

China listening, Jaishankar brings up territorial integrity at BRICS online meet

China listening, Jaishankar brings up territorial integrity at BRICS online meet

Rediff.com1 Jun 2021

The five-nation grouping BRICS on Tuesday resolved to combat terrorism in all its forms and manifestations, including the cross-border movement of terrorists, and vowed to step up joint efforts in building support for an India-backed global framework to effectively deal with the menace.

Poll star Sitharaman woos middle class, women with tax and savings sops

Poll star Sitharaman woos middle class, women with tax and savings sops

Rediff.com1 Feb 2023

Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections.

DeMo@1: Banks happy as digital activity picks up

DeMo@1: Banks happy as digital activity picks up

Rediff.com8 Nov 2017

While digitisation and automation have made internal processes more efficient, front-end products are being enhanced digitally through robotics, artificial intelligence and botchats.

Quad foreign ministers resolve to work towards free, open Indo-Pacific

Quad foreign ministers resolve to work towards free, open Indo-Pacific

Rediff.com11 Feb 2022

The foreign ministers of the Quad grouping of India, the US, Australia and Japan on Friday held extensive talks in Melbourne amid escalating tension between Russia and NATO countries over Ukraine, the Afghan crisis and increasing concerns over China's "coercion" in the Indo-Pacific region.

Development only way to empower the poor, says Modi

Development only way to empower the poor, says Modi

Rediff.com27 May 2016

The PM spoke about financial inclusion.

Jhunjhunwala-backed Akasa Air to start flying from 2022

Jhunjhunwala-backed Akasa Air to start flying from 2022

Rediff.com12 Oct 2021

In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. The airline will now have to apply for the Directorate General of Civil Aviation for operations permit. Aviation sector has been in the limelight with the Tata Group winning the Air India bid last week.

Superman or not, Raghuram Rajan has indeed made a difference

Superman or not, Raghuram Rajan has indeed made a difference

Rediff.com28 Oct 2013

He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.

UBS slashes FY22 GDP forecast to 9.1%

UBS slashes FY22 GDP forecast to 9.1%

Rediff.com12 Jan 2022

Citing the massive surge in Omicron infections and the resultant impact on overall economic activities in the March quarter, Swiss brokerage UBS Securities has revised downwards its India's growth forecast for the current financial year to 9.1 per cent from 9.5 per cent earlier. However, UBS Securities does not see the third wave impact extending to the next financial year as it has revised upwards its real GDP forecast to 8.2 per cent, up from 7.7 per cent earlier, expecting the real GDP growth to remain well above the historical average. The World Bank pegs it at 8.3 per cent, unchanged from its June assessment, saying the recovery is not broad-based yet.

RBI asked to maintain inflation target of 4% till March 2026

RBI asked to maintain inflation target of 4% till March 2026

Rediff.com31 Mar 2021

The government on Wednesday asked the Reserve Bank to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five-year period ending March 2026. To control the price rise, the government in 2016 gave a mandate to the RBI to keep the retail inflation at 4 per cent with a margin of 2 per cent on either side for a five-year period ending March 31, 2021.

Global competitiveness: India's ranking slips to 71

Global competitiveness: India's ranking slips to 71

Rediff.com3 Sep 2014

The annual list, released on Wednesday by Geneva-based World Economic Forum, comes at a time when the new Indian government has completed 100 days in power and has promised further steps to revive its economy and the ease of doing business in the country.

Govt to borrow Rs 7.24 lakh cr in first half of FY22

Govt to borrow Rs 7.24 lakh cr in first half of FY22

Rediff.com31 Mar 2021

The government on Wednesday said it will borrow Rs 7.24 lakh crore in the first half of 2021-22 fiscal to meet resources to perk up the economy hit by the coronavirus pandemic. According to the Budget 2021-22, the government's gross borrowing was estimated at Rs 12.05 lakh crore in the financial year beginning April 1. "In the Budget, we had announced that there would be a gross borrowing of Rs 12.05 lakh crore and net borrowing of Rs 9.37 lakh crore. "In the first half of 2021-22, we would be borrowing Rs 7.24 lakh crore, which is 60.06 per cent of the gross issuances," economic affairs secretary Tarun Bajaj said. He said the government would issue 2-year, 5-year, 10-year, 14-year, 30-year, and 40-year securities.

'Strike a balance between 'Make in India' and Skilling India'

'Strike a balance between 'Make in India' and Skilling India'

Rediff.com27 Feb 2015

Make in India crucial for growth.

No ceiling on new bank licences: Chidambaram

No ceiling on new bank licences: Chidambaram

Rediff.com2 Jul 2013

On Monday, RBI announced that 26 entities, including Tata Sons, LIC Housing Finance, Aditya Birla Nuvo, Department of Posts, Reliance Capital, L&T Finance and Bajaj Finserv, applied for grant of bank licences.

India Inc shells out Rs 1.75 lakh cr as taxes

India Inc shells out Rs 1.75 lakh cr as taxes

Rediff.com7 Jul 2009

Corporate India shelled out Rs 1,75,428 crore (Rs 1.75 trillion) as taxes, including corporate tax and the Fringe Benefit Tax, in 2007-08 financial year.

Growth at the heart of India's transformation agenda?

Growth at the heart of India's transformation agenda?

Rediff.com3 May 2016

energy is India's binding supply-side constraint for inclusive growth.

RBI for stringent entry norms for new banks

RBI for stringent entry norms for new banks

Rediff.com27 Aug 2013

The discussion paper is released at a time when the central bank is sifting through 26 applications seeking an entry into the fray.

New IPL teams: Goenka gets Lucknow; CVC bags Ahmedabad

New IPL teams: Goenka gets Lucknow; CVC bags Ahmedabad

Rediff.com25 Oct 2021

Kolkata-based business tycoon Sanjiv Goenka's RP-SG Group claimed the Lucknow franchise for a whopping Rs 7090 crore, while international equity investment firm CVC Capital won the bid for Ahmedabad with a Rs 5600 crore offer.

RBI cautions banks against excessive lending to infra projects

RBI cautions banks against excessive lending to infra projects

Rediff.com2 Apr 2015

The NPAs of banks stood at over Rs 3 lakh crore as on December 2014.

Full text: President's address to the nation on the eve of Republic Day 2023

Full text: President's address to the nation on the eve of Republic Day 2023

Rediff.com25 Jan 2023

Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.

India, Pak should resolve Kashmir bilaterally: Macron

India, Pak should resolve Kashmir bilaterally: Macron

Rediff.com23 Aug 2019

The French president said that peace should be maintained in the region and peoples' rights should be protected.

Terrorist for one nation can't be martyr for another: Rajnath to Pak

Terrorist for one nation can't be martyr for another: Rajnath to Pak

Rediff.com5 Aug 2016

Stringent action should also be taken against persons involved in terrorism and their extradition should be ensured, he said.

General Atlantic to invest Rs 3,675 cr in Reliance Retail

General Atlantic to invest Rs 3,675 cr in Reliance Retail

Rediff.com30 Sep 2020

This is the second investment by General Atlantic in a subsidiary of Reliance Industries, following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year.

RBI issues draft charter of customer rights

RBI issues draft charter of customer rights

Rediff.com23 Aug 2014

No discrimination on basis of gender, age, religion, caste and physical ability.

Why Bank HRs Are Under Pressure Suddenly

Why Bank HRs Are Under Pressure Suddenly

Rediff.com10 Nov 2022

Employees across segments, including those involved in specialised jobs such as technology, compliance and risk management, have started leaving the bank fold in hordes, observes Tamal Bandyopadhyay.