So it’s no surprise really that more global tech giants are also making a play. WhatsApp is currently testing out a Beta version of the BHIM UPI, within a limited universe and only for P2P payments, and Amazon is testing out Amazon Pay.
Several experts have questioned the logic of 100% electrification and have argued that if few countries have done this, there is a good reason for it.
MMABY thus gets pitted against the Union government’s Pradhan Mantri Ujjwala Yojana (PMUY).
While Karnataka had earlier sought the Centre’s approval for the scheme, the Union government had advised it to run it as a complementary of PMUY and implement it through oil-marketing companies (OMCs) only.
The Financial Services Commission of Mauritius has decided instead to take the bull by the horn. It has decided that it would like to develop a market in these exotic assets and have appointed a committee to set up regulatory structures.
Sambandam has suggested that we meet at Azzuri Bay, a multi-cuisine restaurant in a comparatively quieter part of Chennai. Although the restaurant is in the middle of multi-storey buildings, there is a great view of tree tops from the place we have occupied.
Fixed asset investment was the most important driver of China’s growth for many years and generated almost half of all demand.
It’s a fact that while it is easy to train a new employee in a particular hard skill, it is much more difficult to train an employee in a soft skill. Organisations often experience that smart employees are difficult to handle.
Since 1991, India’s ‘Manufacturing’ sector has grown at about the same average rate as the GDP/GVA. However, exports have increased. Exports in 1990-91 amounted to 6.93% of GDP. By 2016-17, the proportion had increased to 19.31% .
De Villiers agrees that throwing young players in at the deep end of one-day cricket is somewhat unfair. The trickle-down effect, however, is that South Africa get finished articles for their Test team.
It is easy to term transport minister Nitin Gadkari’s recent statement that no electric vehicles (EVs) policy is forthcoming from the government—though there is an EV action plan being implemented by government departments—a volte-face.
The LTCG formulation is not only flawed in design, but also likely to yield very little tax revenue. At the same time, it manifestly increases the discretionary power of the taxman and this has its own set of governance problems.
It is good to hear NITI Aayog vice chairman Rajiv Kumar saying the government is rethinking its approach to spectrum auctions
At a time when three north-eastern states—Tripura, Meghalaya and Nagaland—are geared for assembly elections, an analysis of affidavits of current chief ministers across the country shows Andhra Pradesh chief minister Chandra Babu Naidu is the richest and Tripura CM Manik Sarkar has the lowest net wealth.
There is no doubt that 5G will significantly contribute in transforming everyday lives of Indians by resolving real issues within e-healthcare, e-education, infrastructure and e-governance.
With the agriculture sector in some amount of distress, despite two successive good crops, the prime minister has called for a brainstorming session to try and find ways to alleviate the stress and ensure farmers get a good price for their produce.
Forest data masks the actual loss of forest cover.
The scheme, part-funded by the World Bank, aims at pushing recharge of groundwater sources and efficient use at the local level.
With successive changes to tax laws in each budget, the avenues for a tax-efficient repatriation of cash are getting increasingly limited.
Cable TV networks provide last-mile access to 110 million homes in 1,500 towns. Even if we assume that only four per household will use the access, cable TV can overnight provide broadband access to 440 million persons.
The recent spike in bond market yields has become a matter of concern for institutional bond investors.
Customs duties and tax policy are adding to business costs.
Hold over fellow members creates a culture of proxies that subverts both the law and the spirit of democracy.
PMFS could help reverse the brain-drain phenomenon.
New class of antibiotics discovered could help fight drug-resistance, but is years away from clinical trials
Battery costs are rapidly going down, there are new developments in battery technology, carmakers across the world are electrifying their cars … it appears electric vehicles are not a distant reality.
Promoting localisation of key inputs and enabling better control on backend supply chain will improve overall reliability.
During the last four years the government has implemented several positive policies, like Make-in-India, Skill India, Demonetisation, GST, liberalisation in FDI, improving infra, etc.