Parl Committee Questions ‘Cashless’ Security

Parl Committee Questions ‘Cashless’ Security

New Delhi: Is all this shoving the country towards a cashless economy really safe? That’s the question thrown up by a Parliamentary Standing Committee. Is data transfer on these new ‘pockets’ and ‘wallets applications really safe, or will new users find that their bank accounts are broken into by hackers? Do we have proper laws […]

Looking Back at RBI’s 2016

Looking Back at RBI’s 2016

Bombay (Mumbai), Dec 28 (PTI) First, it was outspoken Raghuram Rajan and then old Rs 500/1,000 notes, including those bearing his signature — 2016 saw them exit the Mint Street riding such big waves of controversies that their ripple effect is bound to be felt in the new year. Rajan was replaced by a low-profile Urjit […]

Nepal bans use of new Indian banknotes

Nepal bans use of new Indian banknotes

Nepal Rastra Bank on Thursday (24 November) banned the use of India’s new currency notes of Rs 500 and Rs 2,000 denomination, terming them “unauthorised and illegal”. These two currency notes were issued by the Reserve Bank of India recently after old Rs 500 and Rs 1,000 denomination notes were withdrawn. Nepal Rastra Bank (NRB) […]

‘Seized cash’ in Police Stations: headache for cops!

‘Seized cash’ in Police Stations: headache for cops!

Prime Minister Narendra Modi’s demonetisation move has an unexpected victim: the police department. Why? Because the police department literally has stacks and stacks of 500 and 1000 rupee notes in safes at their police stations. The ban on currency notes of Rs 500 and Rs 1,000 has left the police confused. What is to be […]

Winter session of Parliament to expedite GST rollout

Winter session of Parliament to expedite GST rollout

The winter session of Parliament will start on November 16. It will be a month-long session that will end on December 16, the cabinet committee on parliamentary affairs. In its legislative push for the upcoming winter session of Parliament, the National Democratic Alliance (NDA) is focusing on laws addressing social and economic issues. Besides three […]

Pakistan’s ‘Best performance’ award fake?

Pakistan’s ‘Best performance’ award fake?

The  International Monetary Fund (IMF) Mission chief to Pakistan Herald Finger has denied the reports that IMF had given Ishaq Dar as “Finance Minister of the year 2016 for South Asia award” . Addressing newsmen via video link, Herald Finger clarified that the organisation had no link with the magazine who gave the Award to […]

Chinese mobile sales through the roof in festive India

Chinese mobile sales through the roof in festive India

The Chinese are fast learners! After two years of its stay in India, Xiaomi has learned a thing or two about the country’s  festive season. The Chinese company sold over 500,000 smartphones in India between Oct. 1 and Oct. 3, it said Wednesday. That’s two phones sold every second. The milestone comes as e-commerce giants […]

China worried about losing jobs to India

China worried about losing jobs to India

As China’s telecom firm Huawei starts manufacturing in India, official media in China raised the red flag, warning that Beijing needs to worry about job cuts due to shifting of production bases as economic rivalry increases between India and the world’s second largest economy. “China needs to worry about effect of industrial transfer to India on […]

Who will you arrest for Air India’s Thirty Thousand crore losses?

Who will you arrest for Air India’s Thirty Thousand crore losses?

Beleaguered businessman Vijay Mallya seems to be the Indian media’s enemy number one. His leaving India in the middle of a massive loan default probe has raised many people’s hackles. Former top official of Infosys, TV Mohandas Pai wants to know why the media and political parties are silent about the massive losses of Air […]

Jobs are not growing as fast as population: future of unemployment looms?

Jobs are not growing as fast as population: future of unemployment looms?

UNITED NATIONS: 40 percent of the world’s unemployed are youngsters, and are four times more likely to be unemployed than older people, according to a Solutions for Youth Employment (S4YE) report released here. Across 24 countries in Europe , surveys have found that between 25 percent and 45 percent of the employed are either overqualified […]

India and Africa need each other for mutual gain

India and Africa need each other for mutual gain

Fifty four African countries will participate in the third India-Africa Forum Summit to be held in New Delhi later this month. The IAFS is expected to result in a deeper engagement between India and Africa. Today, India and Africa need each other more than ever before. Out of 189 countries, only 63 are expected to […]