The Reserve Bank is expected to come out by June-July with guidelines to regulate the Indian peer-to-peer (P2P) lending market.
The bill was passed by voice vote at the special session of the House. The bill was introduced by Chief Minister Dr. Shurhozelie Liezeiestu, who also holds the Finance portfolio.
The Reserve Bank of India (RBI) yesterday held marathon meetings in its efforts to tackle the bad loan mess. Watch accompanying video of CNBC-TV18's Ritu Singh for more details.
A record 99 lakh new PAN cards have also been made in the last one year, he noted.
The National Green Tribunal has allowed the conditional reopening of 578 textile units in Rajasthan's Pali district that had been shut for the last eight months for flouting pollution norms.
While the government has not released any official statement on the jobs that will be created by GST, human resource consultants believe that between 2,00,000 to 3,00,000 jobs will be created in the next two to three years.
The plan was disclosed by Chief Minister Devendra Fadnavis on Friday in Nagpur after inaugurating the country's first multi-modal electric vehicle project and Ola electric charging station.
In order for organisations to attract, retain and develop millennial talent, the employer will need to understand the diverse range of millennials and what their key objectives are, for pursuing a job.
The biggest advantage from demonetisation has been seen by insurance entities promoted by large banks. who have been able to cross-sell products to their depositors.
"The state government will frame a policy to set up electric vehicle charging stations for electric vehicles across the state," Fadnavis said.
Universities abroad seek holistically developed individuals, so you’re going to need a lot more than just good test scores and recommendations. You will need to start building your profile from a young age by pursuing your strengths and interests.
The Vishwa Hindu Parishad today termed fresh restrictions on sale of cattle as mere "tokenism" that will not address the issue of cow slaughter.
Mauritius Prime Minister Pravind Kumar Jugnauth today said a comprehensive economic cooperation pact with India is being negotiated that will boost bilateral trade and cross-border investments.
Various bodies and political parties reacted sharply to the government's decision to ban the sale and purchase of cattle from animal markets for slaughter, saying it is an "ill advised" decision which will widen the "terrorism" by cow vigilantes.
With the FIPB on its way out, there will be a new system for FDI and that shall it become a reality very soon, that's the word coming in from Ramesh Abhishek the secretary of the DIPP. Speaking to CNBC-TV18's Rituparna Bhuyan, Abhishek said that the Department of Economic Affairs should issue the order in the next four weeks.
The meeting will take stock of status of stressed assets and various measures taken to clean up balance sheets of the banks so that they can start lending.
Ramesh Singh, Executive Director of Dena Bank, said the bank envisioned a sustainable growth in auto loan segment with this tie-up and recent introduction of dealers pay out scheme.
With this bracket of consumers coming under serious risk of a job loss, there is a possibility that recovery of residential sector in the mid-premium category will be delayed
He said that the company is developing electric cars but to anticipate a significant number of such cars on Indian roads is early, mainly because of infrastructure and affordability.
GST implementation will be a positive development for the road logistics sector, where a more efficient and organised sector is expected to improve gradually.