In the new decade, the scene will change because the banks till recently had been challenged by the fintechs, but the techfins have now entered the arena, observes Tamal Bandyopadhyay.
The MP for Richmond in Yorkshire, married to Murthy's daughter Akshata, first entered the UK Parliament in 2015 and has fast risen up the Conservative Party ranks as a staunch Brexiteer who had back Johnson's strategy to leave the European Union.
Unprecedented chaos erupted inside the Bihar assembly on Tuesday when police was called inside to assist the marshals in evicting unruly opposition members who tried to physically prevent the Speaker from taking his Chair.
Three people were killed and over 20 others injured in a bomb blast outside the house of the Mumbai terror attack mastermind and JuD chief Hafiz Saeed in Lahore on Wednesday, the police said.
While several opposition parties criticised the move, Union minister Prakash Javadekar said the Parliament session is being held under special and extraordinary circumstances.
Joshi said the Congress is 'led by an infiltrator' and is targeting Modi who hails from a humble family and is a popular leader.
Indian-Americans are taking over the country, United States President Joe Biden said on Thursday, referring to the high number of people from the community getting a place in his administration.
Significant investors in government bonds FIIs have been net sellers since May 22.
American International Group Inc has repaid another $6.9 billion to the US government, using proceeds from the sale of the insurance firm's stake in MetLife.
In June 2013, the same stood at $ 61.2 billion. In April, the holding stood at $ 68.7 billion.
The country has reduced its holding of American treasury bills by as much as $1.9 billion compared to July when it stood at $58.9 billion.
The Reserve Bank of India on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy faces heat of the second Covid wave.
Markets were trading near their day's highs, led by capital goods and financials
The idea is to keep the RBI's information technology (IT) infrastructure in top shape to run the payments and settlement system uninterrupted 24x7, and run the full gamut of RBI functions from the secured data centres, as nearly 14,000 RBI staffers, except the senior-most management, work from home.
In a setback to telecom service providers, the Supreme Court on Thursday allowed the Centre's plea to recover adjusted gross revenue (AGR) of about Rs 92,000 crore from them.
India increased its exposure to American government securities to $59.9 billion in October, the highest in four months, notwithstanding uncertainties in the world's largest economy.
Among other proposals, she said NRI portfolio route would be merged with the FPI route for seamless investment in stock markets.
"Reaching an international agreement on how large digital companies are taxed has been a priority for the chancellor since he took office," said a spokesperson for his UK treasury office. "The chancellor's consistent position has been that it matters where tax is paid, and any agreement must ensure digital businesses pay tax in the UK that reflects their economic activities. That is what our taxpayers would expect and is the right thing," the spokesperson said.
His successful piloting of the move to strip Jammu and Kashmir of its special status is undoubtedly the highlight of his ministerial stint since the Modi 2.0 government assumed office on May 30.
The move may release funds locked in government securities and add to liquidity. With inflation expectations lowered, this should not impact bond sentiment in the short run
Opposition members trooped into the Well of the House calling the government a "cheat".
Can't step out owing to the coronavirus scare? Don't worry, here are some beautiful images from Srinagar's Tulip Garden.
Sparks flew in the Rajya Sabha on Wednesday after BJP leader Subramanian Swamy dragged Sonia Gandhi's name in the AgustaWestland helicopter bribery case
With this the federal exchequer has so far received a total of $116 billion of its bailout money.
Other Indian-origin personalities on the list are Instacart founder and CEO Apoorva Mehta, doctor and Executive Director of nonprofit Get Us PPE Shikha Gupta and founder of nonprofit Upsolve Rohan Pavuluri.
On November 10, the US Federal Reserve had approved the application of credit card major to become a bank holding company and the change in status facilitated American Express to explore various government funding and lending programmes. In return to the said loan, American Express will issue and sell preferred stock of about $3.39 billion and warrants to purchase shares of common stock for up to 15 per cent of that amount to the Treasury.
If the presentation made by the Commission to the chief ministers is followed in letter and spirit, central sector and sponsored schemes will no longer be the domain of central ministries alone.
A time has thus come when state encouragement for rural students led to empowerment of the socio-economically marginalised sections of the population. It included women. Today, with greater exposure and consequent enlightenment, it has gone beyond 'empowerment' to become 'entitlement', says N Sathiya Moorthy.
The US government, that invested $49.5 billion in the Detroit automaker to save thousands of jobs at the height of the financial crisis five years ago, lost about $10 billion, Treasury Secretary Jacob Lew said on Monday.
All public sector banks have moved to such a regime voluntarily, while private banks are yet to. The state-run banks have introduced repo-linked products for floating-rate home and auto loans, but the RBI said loans to micro, small and medium enterprises (MSMEs) should also be linked to an external benchmark.
While the country imposed limits, it also eased and simplified other restriction to attract foreign inflows. This is done to plug record current account deficit.
Vociferous protests by Opposition benches demanding the presence of Prime Minister Narendra Modi during the debate on demonetisation on Tuesday led to the stalling of proceedings in Parliament once again.
The COVID-19 pandemic, weak economic conditions, and a few political considerations are some of the challenges he faces.
Opposition parties disrupted the proceedings of the Parliament for the fourth consecutive day on Tuesday over the demonetisation issue.
India imports 1.2 billion barrels of oil, and oil prices are falling, falling...
US President Barack Obama imposed fresh financial sanctions on North Korea and its senior officials in America's first public retaliation against the "provocative" cyber-attack on Sony Pictures.
Congress leader Rahul Gandhi took a swipe at the BJP, saying one has to refer to the state-wise election schedule to know when one will have access to the vaccine. The BJP, however, said health is a state subject and its manifesto is for Bihar, not for the entire country, where it has promised that the state will buy the vaccine for its people.
The finance minister's Budget presentation is a sombre affair, yes, but it wasn't as if the Lok Sabha was all serious through the speech.
The Telugu Desam Party, the All India Anna Dravida Munnetra Kazhagam and Dravida Munnetra Kazhagam continued to raise the issue of the dam over the River Cauvery and special status for Andhra Pradesh in both the Houses. While the Rajya Sabha was adjourned for the day soon after it met at 11.00 am, the Lok Sabha saw repeated adjournments, but managed to pass the Surrogacy (Regulation) Bill amid the din.
Prime Minister Narendra Modi on Saturday gave tips to the newly elected members of Parliament of the Bharatiya Janata Party on how to maintain standards in public life and take the message of good governance to the people.
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