User: anushyab Topic: Urban Economic Growth Development
Category: Banking
Last updated: Jun 24 2017 12:00 IST RSS 2.0
 
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Basic income could empower millions, but India may find cost too high 24.6.2017 News
The UBI amount would be greater than all current welfare programs of the government
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Primero Skills looks to train 30,000 life insurance agents this fiscal 23.6.2017 BusinessLine - Money & Banking
The company is in advance stage of getting into a tie-up with a private life insurer for absorbing the skilled agents
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New Sebi chief Ajay Tyagi making right moves 23.6.2017 News
From new fund raising instruments like municipal bonds and infrastructure investment trusts (InvITs) to passing orders in long-pending matters like the Reliance Industries 'unlawful gain's case, Ajay Tyagi, chairman, Securities and Exchange Board of India (Sebi) has made some right moves in his first 100 days in office.He took charge from predecessor U K Sinha on March 1. The senior bureaucrat couldn't have entered the stock market fray at a more opportune time, with shares climbing to record highs, investor flows into mutual funds at new levels and buoyancy in the Initial Public Offer market. In less than a month, Sebi had barred Reliance Industries from accessing the derivatives market and asked the Mukesh Ambani-led entity to disgorge Rs 447 crore (with 12 per cent interest for 10 years) it was deemed to have made unlawfully. (The company has challenged Sebi's order at the Securities Appellate Tribunal).Another step was tightening of the participatory notes (p-notes) framework. ...
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NSPCL to make bond market debut, asks bankers for underwriting bids 23.6.2017 All Companies Stories
To raise Rs 1.5k cr; 1st tranche would be for Rs 250 cr with green shoe option of another Rs 250 cr
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Meet Subhash C Garg, the new DEA secretary 23.6.2017 Rediff: Business
DEA is currently headed on an interim basis by Corporate Affairs Secretary Tapan Ray
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Blackstone eyes big investments in India through Nexus Malls 23.6.2017 HBL: Companies
Plans to spread presence of malls from existing 4 cities to 10-12 cities in one year
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Flipkart looks at hackathons for new solutions to engage people, grow biz 23.6.2017 All Companies Stories
Flipkart is looking at hackathons as a way to fast track innovations and build solutions that can be implemented in its business quickly. So far, the company says a little over a dozen such solutions have made it to production, born at hackathons over the past six years. The company's seventh such 24-hour annual hackathon will come to a close on Friday, with over a 100 solutions emerging from it. Flipkart says unlike other schemes to help engineers come up with new innovations, hackathons works best because they have fewer restrictions on what engineers can build. "It's an engagement program to empower our engineers to create something that excites them. Engineers have a green signal to take projects to production, get experimental data and then take a call on its viability. The teams just come together organically with their ideas," said Amar Nagaram, Engineering VP at Flipkart. The theme of innovations range from increasing customer impact, easing customer experience and ...
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Life Insurance: Primero Skills looks to train 30,000 agents this fiscal 23.6.2017 BusinessLine - Money & Banking
Primero Skills & Training, a private skilling company, is aiming to skill and train at least 30,000 life insurance agents on a pan- India basis this fiscal, a top official said. The company is...
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Farmers can also hope for fresh loans from DCC banks 23.6.2017 TOI: All Headlines
Farmers can also hope for fresh loans from DCC banks
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Tata Steel to focus on consumer-centric B2C brands, says Narendran 22.6.2017 HBL: Home
Tata Steel plans to be more consumer-centric and has envisioned a consumption segmentation through its B2C brands, said TV Narendran, Managing Director, Tata Steel India & SEA.Speaking after inaug...
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Online banking users to reach 150 billion by 2020: Study 22.6.2017 New Kerala: Business India
Online banking users to reach 150 billion by 2020: Study
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Subhash C Garg: Know the man who replaces Shaktikanta Das as new DEA secy 22.6.2017 Business Standard: Economy & Policy
New Delhi, 22 JuneThe Centre, late on Wednesday, announced a large-scale bureaucratic reshuffle. A notable announcements was of Subhash Garg as economic affairs secretary. A 1983 batch Indian Administrative Service officer, from the Rajasthan cadre, he's currently World Bank executive director for Bangladesh, Bhutan, India and Sri Lanka. That stint, started in November 2014, will come handy as he takes charge of a department which is responsible, among other things, for multilateral institutions and economic relations with other countries. The charge also includes budget-making, deciding on borrowing with the Reserve Bank of India, investment, infrastructure and capital markets.Till May 30, it was led by veteran policymaker Shaktikanta Das. It is currently headed on an interim basis by corporate affairs secretary Tapan Ray."Garg has over 31 years of experience in administration, management and public policy, in finance, agriculture, education, energy and rural development," says his ..
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Has the economy dramatically changed recently? 22.6.2017 Rediff: Business
A V Rajwade wonders if the Modi sarkar is pursuing price stability at the cost of potential social instability in both rural and urban India.
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We need a bank as a partner, with or without stake: MR Rao, Managing Director, Bharat Financial Inclusion 22.6.2017 ET: Banking
Normally, in a heavy competitive business, pricing comes down. In this space, given the fact that there was no system and credit bureau, people could grow 60-70% without competing on price.
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Mapusa coop bank seeks RBI nod to monetise assets 22.6.2017 TOI: Goa
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MPC meeting minutes: Dholakia argued for at least 50-bp rate cut 22.6.2017 Business Standard: Banking & Finance
The chance of a rate cut at the next review, in August, look slim, says economists
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PVR Cinemas plans to invest ₹1,000 cr to open 400 screens 21.6.2017 HBL: Companies
Eyes tier II and III cities for expansion
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Digital adoption to boost retail profit for financial services by $3.5 bn 21.6.2017 All News-IANS Stories
With Internet users embracing online shopping and banking like never before in India, the adoption of digital technologies can substantially improve customer-level profitability and add to the retail profit pool by $3-3.5 billion by 2020, a new report said on Wednesday.
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Sena claims credit for RBI accepting old notes from co-op banks 21.6.2017 All News-IANS Stories
The Shiv Sena on Wednesday claimed credit for the central government granting permission to the Reserve Bank of India (RBI) to accept the demonetised Rs 500 and Rs 1,000 notes.
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Digital adoption to boost retail profit for financial services by $3.5 bn 21.6.2017 ET: Finance / Insurance
More than 50% of consumers are dissatisfied with their online banking and mobile app experience largely because of fear of hidden charges, lack of trust and complicated information provided, among others.
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