-The Hindu Direct cash transfer of subsidies through the Aadhaar card would be rolled out in 51 districts across 15 States from January 1, 2013, Union Finance Minister P. Chidambaram announced on Saturday. The scheme would aim to cover the entire country by the end of 2013, he said. Speaking at the annual Bankers’ Conference (BANCON), Mr. Chidambaram said banks would play an essential role in the direct cash transfer, as every...
More »SEARCH RESULT
Total Matching Records found : 797
RBI Rules Out Introduction of Islamic Banking
-Outlook Kochi: Reserve Bank Governor D Subbarao today ruled out introduction of Islamic banking in the country but said other methods for channelising funds based on the principles of Islamic law can be looked at. "Islamic banking is not possible", he said, adding the central bank could look at other vehicles based on Islamic banking principles to channelise NRI funds. Replying to a question on the issue, Subbarao said: "There are some legal...
More »Akhilesh Yadav government waives loans of lakhs of farmers -Ashish Mukherjee
-NDTV Lucknow: Lakhs of farmers in Uttar Pradesh who took loans worth Rs. 50,000 or more and have returned 10 per cent of the amount got a big surprise today, with Chief Minister Akhilesh Yadav waiving their loans. The state government said the decision will benefit approximately 7.20 lakh farmers. But the scheme but comes with a rider. It will apply to only those farmers who took the loan by mortgaging property. Such...
More »Sonia Gandhi 4th richest politician in the world -Preeta Memon
-WeeklyBlitz.net As India is approaching towards a general election in less than a year, the leader of ruling Indian National Congress has been listed as world's fourth richest politician with a total wealth of over US$ 18 billion, which is invested in real estate, telecommunication and various business projects around the world, while significant portion of the amount is also deposited in secret bank accounts. Italian born Indian politician Sonia Gandhi...
More »The new political nexus-Sucheta Dalal
-MoneyLife.in If you were wondering why most of the recent major cases of corruption have not been exposed by opposition parties, especially the BJP, now you have the answer: they are all in it together. I am ready for any inquiry,” repeated Nitin Gadkari on every television channel where he brazenly defended the dubious shell companies and land allotment that propelled the growth of his ballooning ‘social entrepreneurship’. The irony is that Nitin...
More »
