Finance Minister Nirmala Sitharama on Thursday stated the government is planning to provide a relief package of Rs 1.7 lakh crore to the underprivileged, poor and migrant workers affected by the lockdown amid the coronavirus outbreak. The scheme has been named the Pradhan Mantri Garib Kalyan Scheme.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
Last year, the software giant launched a cloud adoption programme for SMBs.
'The most difficult thing in the world is to convince someone to put Rs 20 crore on your movie script.'
Livelihoods and lives are being destroyed in the name of building a 'better' India, writes Congress leader Sachin Pilot, in an exclusive column for Rediff.com.
The raising of the entry age in NPS has opened up an attractive new investment avenue for senior citizens, says Arnav Pandya.
A roundup of what you can do from the comfort of your couch while sipping on a dalgona coffee in your pajamas.
Consumers will thank the Modi government for this simple yet revolutionary move, which is long overdue, says Debashis Basu.
This acquisition marks Lupin's foray into the Japanese branded market in-line with aspirations to build business globally.
The financial crisis has challenged the intellectual assumptions on which previous regulatory approaches were largely built, and in particular the theory of rational and self-correcting markets.
Of the 40 CEOs polled from across the country, 60 per cent identified a fractured electoral mandate as a bigger risk than trade wars, volatile oil prices, and inflation.
IT firms are training employees of their clients and even aspiring IT professionals, in order to create fresh revenue streams amid shrinking deal sizes in traditional software maintenance, says Ayan Pramanik.
Country's largest mutual fund UTI AMC on Friday became a private company with the four sponsors paying Rs 1,236.95 crore (Rs 12.369 billion) to the government.
India borrows ideas that we don't need, like the FRDI Bill, and ignores the ones we need, like rewarding whistleblowers such as the ones who want to save Bombay Mercantile Bank, says Debashis Basu.
It's better to inform your new employer about income earned and deduction availed with the previous one.
If we don't want a Hindu version of our neighbour, we must keep open minds -- even when what we hear or see is not what we like.
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Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
Higher disposable incomes, rural push and infra push to boost auto sector
India attracted an estimated $49 billion FDI in 2019, a 16 per cent increase from the $42 billion recorded in 2018.
Be extra careful while using credit cards because there is a risk of misuse
'We will see a kind of disaster which the country has not seen in the last 100 years.'
The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31
State-run National Thermal Power Corporation on Friday said it will borrow Rs 1,000 crore (Rs 10 billion) from Life Insurance Corporation during the fourth quarter of the current fiscal to fund its capital expenditure requirements.
If investors still have appetite to buy shares in one of the region's most expensive markets, Coal India might stack up.
The provisions in the FRDI bill do not modify current protections for depositors adversely at all, the ministry held, maintaining that these rather provide additional protections in a more transparent manner.
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
Cash withdrawal limits likely to continue
'Around 15 crore poor people have lost their money.'
To begin with, there would be the immediate integration of various technology stacks. This would create more business for global consulting and IT services entities such as KPMG, PwC, EY, Accenture and IBM, among others. Indian service providers - Infosys, Tata Consultancy Services (TCS), and Wipro, for instance - would also cash in.
Even as Microsoft has seen exponential growth for its cloud platform Azure in India, the firm has not yet set up local servers.
N Ganapathy Subramaniam, chief operating officer (COO), discusses the strategy to concert digital opportunities to larger deals, focus on reskilling own people instead of acquiring a company to get access to skillsets and demand from newer verticals in an interview with Romita Majumdar
It took a lockdown for us in India to even recognise that the plight of migrants needs to be addressed. They were faceless and unrecognised. They were unappreciated and even hounded. They were poorly paid and exploited, notes Ramesh Menon.
'We are probably working with flawed data on household finance.'
The e-commerce marketplace is like an information intermediary these days.
But increase in the statutory contribution will boost retirement corpus
If new goals have emerged, this is the time to make fresh investments.
Against National Democratic Alliance's 75 million target, United Progressive Alliance added 61 million in 2013-14.
