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Atal Pension Yojana relaxations: Inclusion vs dilution debate
Tue, Aug 25, 2015

While the Pradhan Mantri Jeevan Jyoti Bima Yojana has 2.75 crore subscribers as of August 22, the Atal Pension Yojana, in stark contrast, has witnessed just 6.83 lakh members enrolling.

Minimum wages act: With eye on basic wage rate, Centre plans amendments
Mon, Aug 24, 2015

The objective is to ensure that a standard minimum wage rate exists for all kinds of occupations.

New database to keep track of claim duplications
Thu, Aug 20, 2015

Till now, the Pradhan Mantri Jeevan Jyoti Bima Yojana has received 1,184 claims while another 284 claims have been filed under the Pradhan Mantri Suraksha Bima Yojana.

PSBs don’t need to go to market in distress: Hasmukh Adhia
Wed, Aug 19, 2015

With the government announcing plans to infuse Rs 25,000 crore capital in public sector banks this fiscal, financial services secretary Hasmukh Adhia said this will allow them to tap the markets when their valuations are improved. In an interview, Adhia also said the finance ministry is working to strengthen fraud detection processes at PSBs. Excerpts: Are […]

The ‘Indradhanush’ plan: Private solutions for public banks
Tue, Aug 18, 2015

Accordingly, the finance ministry is now set to work with PSBs on a policy to recruit officers at the mid-level taking into account requirements of the lenders and expected vacancies.

Public sector banks with Private sector CEOs: Will it work?
Mon, Aug 17, 2015

The plan to hire laterally at the mid-level is partly fueled by the government’s wish to professionalise state run lenders and improve their efficiency.

No more hiring from pvt sector for top jobs
Mon, Aug 17, 2015

The government had last week roped in private sector professionals to run two of its largest banks — Bank of Baroda and Canara Bank.

Rising NPAs: Centre in talks with states to ensure discoms don’t default, says Adhia
Mon, Aug 17, 2015

Accordingly, the Centre is talking to state governments to ask them to take steps to improve the economic health of discoms, including giving them funds.

Credit information: Nod for loan may hinge on payment history of your utility, mobile bills
Fri, Aug 14, 2015

Efforts are on to expand credit history coverage to include payments of mobile, insurance and utility services bills that can be used for background checks.

Before Modi’s US visit, govt gives final shape to investor-friendly pact
Fri, Aug 14, 2015

The revised bilateral investment treaty seeks to exclude taxation steps, commercial contracts between domestic and foreign firms from arbitration but is likely to have many changes to make it more investor-friendly.

RBI breathes easy as CPI falls to 3.78 per cent
Wed, Aug 12, 2015

Retail inflation has halved over the 19 months from double digit levels, giving the RBI scope to ease policy rates to help boost growth.

BRICS bank: Govt starts recruitment process
Tue, Aug 11, 2015

The $ 100 billion NDB is promoted by BRICS nations —Brazil, Russia, India, China, and South Africa for investments in infrastructure in the five nation bloc.

Monetary policy framework to be flexible on inflation
Tue, Aug 11, 2015

The Centre and the RBI are working on the contours of the MPC that would be responsible for deciding on policy rates required to keep inflation under control.

NIYATAM: Aayog’s push to improve states’ efficiency
Sat, Aug 08, 2015

Will also work towards rationalising the number of state-level and Centrally-funded schemes.

For India to become competitive, simplifying labour laws is essential: Tomoko Nishimoto
Thu, Aug 06, 2015

Nishimoto who is on her first trip to India, said that the proposed amendments to the Child Labour Act need to be debated more.

India, US start talks on totalisation pact
Wed, Aug 05, 2015

Sources said official delegations from the two countries have met recently to discuss the totalisation pact that would allow citizens from the two countries to repatriate their social security savings when they return to their home country.

Despite oil cushion, low sell-off proceeds could impact deficit
Tue, Aug 04, 2015

For 2015-16, the Centre has a more relaxed fiscal deficit target of Rs 5,55,649 crore or 3.9 per cent of the GDP.

Pledge future PF to pay home loan: plan for weaker sections
Fri, Jul 31, 2015

The scheme would, however, be available only for low-cost housing and subscribers whose monthly salary is less than Rs 15,000. These workers constitute about 70 per cent of the EPFO’s five crore subscribers.

Legal sector to be opened for FDI via proprietary Cos
Fri, Jul 31, 2015

According to the proposal, foreign legal firms would be allowed to be invest in a partnership firm or a proprietary concern.

Strategic stake sales: Ministries asked to line up a list of PSUs
Wed, Jul 29, 2015

The Union Budget has set a target of Rs 69,500 crore from disinvestment in public sector unit this fiscal.

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