December 3rd, 2018The Indian government and the Reserve Bank of India (RBI) are in talks to allow use of 'offline Aadhaar' that relies on QR codes. This would replace the biometric eKYC, for opening bank accounts, operating payment wallets and purchasing insurance covers.
This particular move is significant as it will also benefit financial technology...
August 28th, 2018Nowadays, electric vehicles are getting major attraction and therefore, the government has reportedly decided to offer a direct subsidy of around Rs 1.4 lakh for each electric car with an aim to boost sales of the electric vehicles, including cars and two-wheelers and three-wheelers.
The particular announcement was made during a...
June 11th, 2018The fiscal 2017-18 showed losses for the public sector banks crossing a tremendous amount of Rs 87,300 crore, with Punjab National Bank on the top with a fraud contaminated amount of nearly Rs 12,283 crore.
Our country consists of over 21 public sector banks and among them, only two banks have shown profitability during the financial...
November 4th, 2017Agriculture Minister Radha Mohan Singh today called upon investors to leverage opportunities in the country's farm, dairy, poultry and fisheries sectors.
The government is implementing various schemes to promote these sectors in order to double farmer's income by 2022, he said at the World Food India 2017 event here.
"...the world...
October 3rd, 2017Tata Motors raises Rs 1120 crore order from Energy Efficiency Services Ltd (EESL) for procuring 10,000 electric cars, which will replace diesel and petrol cars used by government and its departments, an effort to cut fuel consumption and reduce pollution.
Tata Motors will supply the electric vehicles (EVs) in two phases-- 500 e-cars...
September 22nd, 2017The Union government is planning to tie up with e-commerce player Amazon to expand the market for tribal handicrafts via the online retail space.
Pravir Krishna, managing director of Tribal Cooperative Marketing Development Federation of India Limited (TRIFED), a national-level organisation under the tribal affairs ministry, said an...
September 19th, 2017A mobile application will be launched tomorrow for central government employees who are about to retire to help them monitor the progress of their pension settlement cases.
Retired employees will also be able to assess their superannuation funds and record complaints, if any, through the pension calculator, an official release issued...
September 7th, 2017New Delhi: At least 80 high-end Google Pixel “customised” phones with Reliance Jio SIMs have been given to top bureaucrats on a “trial” basis to ensure secure communication among them, according to a person in the IT ministry.
The home ministry had drawn up a list of 100 officials from multiple ministries for the purpose, and...
August 25th, 2017An issue of NPCI's premium treatment to BHIM app was brought up by several leading entrepreneurs in the payments sector, including Paytm’s Vijay Shekhar Sharma and PhonePe’s Sameer Nigam, at the NITI Aayog event held last week, reiterating the suggestions made by the Watal Committee.
They recommended the Prime Minister and the...
July 4th, 2017The launch of GST has left most businesses in a tight spot. Here are 10 advantages of GST that will uplift your impressions about the biggest tax reform of India since its Independence.
Price Reductions
It is advantageous for companies as people will purchase more regularly due to price reductions.
One Time...
February 8th, 2017Prafful Sarda, very young Pune Based RTI Activist & owner of an Event management company had filed an RTI application with NSDC (National Skill Development Corporation) on following issues:
1) How much money allotted to NSDC in last 2 years
2) How much money spent in last 2 years (Through NSDC)
3) State-wise distribution...
June 25th, 2016China's internet regulator said on Saturday that search engines should tighten management of paid-for ads in search results, making clear which results are paid for and limiting their numbers.
The Chinese government already exercises widespread controls over the internet and has sought to codify that policy in law.
Chinese regulators...
