When India was divided in 1947, the RBI also grappled with a number of tasks that “posed several delicate problems”.
As of July 21, 2017, credit growth has decelerated by Rs 1.5 lakh crore, a new historic low.
If Switzerland’s Federal Supreme Court rules in his favour in a case brought against him by Swiss prosecutors, Rudolf Elmer will release account data from Julius Baer bank that he still holds.
Capital expenditure has been cut for police services, public construction and ironically various agriculture-associated sectors.
A third culprit has been identified but not yet apprehended, Jammu & Kashmir police chief S P Vaid said on Friday.
Prachi Mishra, a Columbia University-trained economist who spent nearly 10 years working for the IMF, joined the RBI as a “specialist adviser” in November 2014.
Despite Kinks, Home Ministry’s New System Will Expand Efforts to Closely Monitor Foreign-Funded NGOs
Planned monitoring includes breaking down foreign contribution receipts “purpose-wise and country-wise” while carrying out a monthly trend analysis of the “credit and debit transactions” of “top persons”.
A government committee has found that the first iteration of the Pradhan Mantri Kaushal Vikas Yojana failed to achieve key objectives while monetarily benefiting a great number of training institutes.
Jio says it will accept the telecom regulator’s advice and will discontinue the complimentary benefits given under the ‘Summer Surprise’ offer. However, users who have already signed up will continue to enjoy free data for next three months.
Will the Modi government’s digital push help it curb “excess cash” and print fewer notes than what was extinguished through demonetisation?
Radhakishan Damani’s retail chain gives its customers less, makes more than its rivals and just had a spectacular trading debut.
An unprotected, publicly accessible API endpoint leaks everything from phone numbers to home addresses.
While Parrikar set in motion important reform processes, he was unable to cut through his ministry’s byzantine bureaucracy and ends his tenure with a few achievements.
Pathankot pushed things into motion and the home ministry made things worse by adopting a blinkered approach that didn’t take the views of other government departments on board.
J.S. Deepak’s transfer may have been prompted by his conflict with Reliance Jio and TRAI and reflects poorly on an already controversial, crony capitalism-prone sector.
Existing satellite capacity can be used for Digital India if the DoT can bypass DoS and ISRO to negotiate with private operators – but is this possible?
The implosion of the Rafale deal and the disappointing indigenous LCA opens up a gold-mine for American, European and Russian firms.
Even as various Competition Commission hearings loom, a prominent US-based equity research group has effectively accused Reliance and the Modi government of crony capitalism.
Were the budget estimates for corporation and income taxes in 2016-17 a typographical error or have they been carefully massaged?
Contrary to public opinion, the Docomo dispute had much back-seat driving from Ratan Tata and the Tata Trusts.
While the Modi government has tried and to a certain extent succeeded in making the defence ministry less graft-ridden, it still has a long way in formalising the way it investigates and clamps down on corruption.
His sometimes low-key, yet determined manner of managing has worked wonders with TCS. Can he do the same, while cleaning up after the Mistry affair, with Tata Sons?
While Arun Jaitley talks of increased tax collection, banks are battling historically-low credit growth and small and medium businesses are staring at drastically decreased revenues.
Notifications for the MGNREGA and EPS programmes show the effect of new UIDAI regulations and how mandatory requirements are carefully couched so as to not openly violate the Supreme Court’s order.
While offsets from the Rafale and other deals will start coming in over the next year, other FDI proposals have been rejected while Parrikar’s key ‘strategic partner’ document is still missing.
Even as the Modi government pushes India towards a digital and cashless economy, the premier body for legally resolving cyber-fraud disputes is a practically non-functioning entity.
Nineteen billion notes of Rs 100, 50 and 10 denomination released so far, says the RBI. Would engaging foreign printing presses have helped with the Rs 500 and Rs 2,000 note supply crunch?
While January – March 2017 will be a voluntary trial phase, Aadhaar verification will be mandatory for senior citizen discounts from next April.
The three month extension of free data is Jio’s way of dealing with abundant quality of service issues, a failing hardware strategy and second SIM syndrome.
The former banker and AAP leader talks on the disservice done to India’s banking system and why we weren’t better prepared to become a cashless economy.
A survey conducted to orchestrate support for the government, rather than reflect the views of those hurt by the move or solicit constructive feedback.
A SBI research report pointed towards rumours of demonetisation and the logistical nightmares that would follow. A RBI circular tried to prevent the chaos being seen at ATMs today. Were they not taken into account?
Was the November 11th target for re-opening of ATMs unreasonable? Long-term neglect and quality-of-service issues aren’t helping either.
How will Modi’s so-called surgical strike on black money play out for people with varying occupations and with various reasons for dealing with large cash transaction?
From geospatial bills to the digital Indic language movement, India is struggling to practice the multistakeholderism it preaches and supports at global Internet governance forums, including this week’s ICANN 57 meeting in Hyderabad.
To achieve concrete policy objectives, however, Indian bureaucrats and civil society representatives will need to engage more closely with and work their way into various Internet governance body mechanisms.
Multiple analyses of Mistry’s tenure don’t paint a glowing picture. The Shapoorji Pallonji group, however, is reportedly against the move and claims that his sacking is illegal.
The telecom regulator slaps a Rs, 3050 crore fine on Airtel, Vodafone and Idea while accusing them of stifling competition and engaging in anti-consumer behaviour.
How big was the breach? Are ATMs still affected? What type of data was stolen? Poor regulation and insufficient information-sharing within the banking industry has left the general public in the dark.
Alleged Deviations and Bureaucratic Delays: Defence Ministry Reboots Six-Year Attempt at Purchasing Carbines
Over the last three years, the acquisition process has been bogged down by everything the Modi government has vowed to fix in India’s defence industry.