Since inception in 1854, India Post has been serving its customers by catering to their needs of communications. Over the years, it has evolved by providing varied services to Indian Citizenry in terms of Mail Services (both domestic and international), Money remittances (both domestic and international), Small Savings, Philately, Securing lives, Retail Services and Bill […]
Category: Business
IWAI engages KPMG for asset management and market development
The Inland Waterways Authority of India (IWAI) has engaged KPMG, a reputed consultant, to study and devise a framework for operationalization and maintenance of the assets being built on NW-1 under the World Bank funded Jal Marg Vikas Project (JMVP) . This framework will include various institutional and operational models ranging from outsourcing to Special […]
Narendra Modi: Blockchain will have a deep impact on the way we live
Prime Minister of India, Narendra Modi today spoke at the World Congress on Information Technology and spoke enthusiastically about disruptive technologies such as the blockchain. This event is being held in India for the first time. It has been organized in partnership with NASSCOM, WITSA and the Government of Telangana. During his speech, he highlighted […]
Arun Jaitely on an official visit to the Kingdom of Saudi Arabia
The Union Minister of Finance and Corporate Affairs, Arun Jaitely left on the night of 17th February 2018 on a two-day official visit to the Kingdom of Saudi Arabia to co-chair the 12th India-Saudi Arabia Joint Commission Meeting (JCM) on 18th and 19th February 2018. The JCM will be held in Riyadh, Saudi Arabia. On […]
Rajnath Singh: Blockchain tech and others are posing new security challenges
Is blockchain technology a threat to India? The Union Home Minister Rajnath Singh was addressing the gathering after inaugurating the 24th All-India Forensic Science Conference in Ahmedabad on 10th February 2018. Here said that the Government has decided to establish a Cyber Crime Reporting Portal to report Cyber Crimes Against Women. We will also establish […]
India Post Payments Bank to enable digital payments in post offices soon!
India Post Payments Bank (IPPB) Expansion Programme is making good progress and a nation-wide roll-out is scheduled beginning April 2018. Government is hoping and believes that once the proposed expansion is completed, IPPB will be providing the largest financial inclusion network in the country, covering both urban as well as rural hinterland with an ability […]
Competition Commission of India imposes penalty of Rs 135 crore on Google
The Competition Commission of India (CCI) has found Google to have abused its dominant position in online general web search and web search advertising services in India. The order was passed in response to informations filed by Matrimony.com Limited and Consumer Unity & Trust Society (CUTS) in 2012. The CCI in its order noted that the allegations […]
NIC officers must be exposed to Blockchain and Artificial Intelligence
Minister of Electronics & IT and Law & Justice, Ravi Shankar Prasad on 8th February 2018 called upon National Informatics Centre (NIC) to support efforts aimed at making India low-cost cyber security hub. He also spoke about the need for the officers of NIC to get exposed to technology like the blockchain. He said that efforts […]
60 Solar Cities coming up in the nation!
The Ministry of New and Renewable Energy under its scheme Development of Solar Cities has approved/sanctioned 60 Cities including 13 Pilot and 5 Model Cities up to 12th Five-year Plan period. In a written reply to a question in the Rajya Sabha yesterday , Minister of State (IC) for Power & New and Renewable Energy, […]
CRISIL, SIDBI launch India’s first MSE Sentiment Index CriSidEx
The Union Minister for Finance and Corporate Affairs Arun Jaitley launched CriSidEx , India’s first sentiment index for micro and small enterprises ( MSEs) developed jointly by CRISIL & SIDBI in New Delhi on 3rd February 2018. CriSidEx is a composite index based on a diffusion index of 8 parameters and measures MSE business sentiment […]