Priyadarshini Maji evaluates the impact that payment banks are likely to have on your financial life.
The prospect of India Post turning into a bank sounds like a capital idea, especially since we are talking about inclusive banking.
Chandigarh is ranked second in both e-infrastructure and e-participation. Puducherry ranks after Chandigarh on the e-infrastructure index.
Akashdeep Singh scored two goals as India posted a comfortable 3-0 win over Asian champions South Korea to finish a lowly ninth in the men's hockey World Cup at the Kyocera Stadium at The Hague in The Netherlands on Saturday.
India Posts on Monday said it will introduce a flat rate for sending packages anywhere in the world.
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.
The biggest positive would be Hardik's inclusion and the way he shaped up in these three Test matches, said Virat Kohli.
The RBI is expected to issue only a few bank licences after completing due diligence.
Images from the Asia Cup match between India and Sri Lanka in Fatullah on Friday.
Modi said India Post and Japan Post would start a 'cool box service' for Japanese people living in India so they could order their favorite food from Japan.
Total committed investment in India now is over $5.
Impressed with his breathtaking display of batting, Australia skipper George Bailey says Rohit Sharma is certainly the one who is in the mix for the spot that will open up after Sachin Tendulkar's retirement from international cricket later this month.
The face of MNC drug firms in India and champion of IPR protection, he oversaw the Swiss giant's India expansion, its forays into new therapies and setting up of its global service centre in Hyderabad
The new numbers show India's economic growth rate averaged 6.7 per cent during the Congress-led United Progressive Alliance regime as compared to 7.3 per cent under the present government. Previous numbers had put the average growth rate during the 10-year UPA rule at 7.75 per cent.
'The game nicely drifted in the last 7 overs and one boundary off Umesh off the shoe and one in the end, a couple of inches from Rayudu from pulling it in... That's how the game goes. I've enjoyed being a part of it and West Indies certainly deserved a draw for the way they played'
Images from Day 3 of the first Test between India and West Indies, in Kolkata, on Friday.
The football fever reaches sky-high with all eyes on Euro 2016. Tournament host France will play the opener against Romania, which will be aired in India post mid-night on June 11. As the UEFA braces for the 15th edition of the European continental championship, the tournament organisers have revealed the all time XI to play in Euro's history.
A bundle of nerves ahead of his Test debut, Hanuma Vihari said a phone call to Rahul Dravid put his mind at ease and helped him get the maiden fifty that rescued India from a difficult situation against England.
India opener Shikhar Dhawan was ruled out of the third and final Test against New Zealand, starting in Indore on Saturday, with a minor fracture on his left thumb.
Renowned terror expert and author Stephen Tankel believes Indian intelligence agencies know more about Pak-based terror groups than it knows about indigenous Indian Mujahiddin. Also, LeT and other outfits might revive their terrorism against India post-2014. Aziz Haniffa reports.
Airtel on Wednesday said its customers can enjoy free unlimited incoming calls on international roaming while travelling to popular destinations like the US, Canada, the UK and Singapore.
India's post 2014 Afghanistan policy appears to be glued to the best-case scenarios of a successful democratic transition. New Delhi hopes that it would remain 'business as usual' and would not necessitate a drastic revisiting of its continuing strategy. This, in short, is a strategy of convenience, says Shanthie Mariet D'Souza.
Euphoric scenes were witnessed when Pope Francis declared Mother Teresa a saint.
'Clearly, the financial system is a drag on the economy and underlines the need for improving banking practice, regulation and oversight.' 'Without that, and an end to the cronyism that caused part of the problem, one can kiss goodbye to 8% growth,' warns T N Ninan.
The company will transfer its wallet business, which has over 218 million mobile wallet users, to the newly incorporated entity -- PPBL -- under the payments bank licence awarded to Vijay Shekhar Sharma, the founder of One97 Communications that owns Paytm.
Experts contend that this setback, even if temporary, could put the company at a disadvantage to its competitors in acquiring new customers.
Here are some of the prominent businesspersons and organisations India Post has featured on their stamps.
Revenue share from India has inched up to nearly 0.8 per cent of its global sales. The revenue growth rate is in stark contrast to the firm's performance in volume terms.
In 2012, ZTE India posted a small rate of growth, realising revenues of $700 million, around half the $1.5 billion it received in 2009, a write up in the state run China Daily titled 'ZTE banks Indian telecom market' said.
Pak PM discussed the situation in Kashmir and tense relations with India with Army chief Gen Raheel Sharif.
Statistical highlights of the fifth cricket One-Day International between India and England, played in Dharamsala.
The Indian women's cricket team rode on some disciplined bowling to register a 10-run victory over Bangladesh in the third and final T20 International and inflict a 3-0 whitewash on the visitors, in Vadodara, on Friday. Electing to bat, India posted 123 for 9 and then restricted Bangladesh to 113 for 7 in their allotted 20 overs.
Every customer, on opening a Payments Bank account, will get a cashback of Rs 250 as soon they bring deposits of Rs 25,000 in their bank account. The account will have zero balance requirement and every online transaction (such as IMPS, NEFT, RTGS) will be free of charge.
This is the first decline since June this year when car sales declined by 11%.
'If you're going to tell me what a lame fossil I am, save it,' says Mitali Saran.
Indian captain Mahendra Singh Dhoni's heroic unbeaten century under pressure went in vain as arch rivals Pakistan held their nerve to clinch the first one day international with a comfortable six-wicket victory in a low-scoring contest in Chennai on Sunday.
While across the border Lashkar-e-Tayiba chief Hafiz Saeed openly dares the United States and 'moves around like an ordinary man', India has more to worry about.
India captain Mahendra Singh Dhoni hit out at his fast bowlers, saying that the time has come to decide on the future of the existing pace attack.
The acquisition comes in the wake of the Australian firm deciding to exit the specialty consumer electronics category and divest the business in Australia and New Zealand as well, apart from India.
According to a research report by Bank of America Merrill Lynch, there has been a sea change in interest in India post the reforms announced last week that included allowing foreign direct investment in multi-brand retail and the civil aviation sector.