Govt to introduce Aadhaar-based digital payment soon: Prasad
SME Times News Bureau | 20 Jan, 2017
After the demonetisation of high value currency and its subsequent digital push, the government is now going to introduce a new Aadhaar-based digital payment system for the common man soon, IT Minister Ravi Shankar Prasad said in New Delhi on Thursday.
5 general insurers to be listed, govt stake to fall to 75 pc
SME Times News Bureau | 19 Jan, 2017
In a major decision on divesting stake in state-run general insurance companies, the cabinet on Wednesday approved the public listing of 5 firms by which the government's shareholding in them would be brought down to 75 percent.
Congress protest note ban outside RBI offices, demand governor quit
SME Times News Bureau
Staging a vociferous countrywide protests against demonetisation on Wednesday, the Congress demanded the resignation of Reserve Bank of India (RBI) Governor Urjit Patel even as police baton-charged them in Nagpur.
Govt puts on hold move to tax indirect transfers
SME Times News Bureau | 18 Jan, 2017
In a measure of relief to foreign portfolio investors (FPIs), venture capital and private equity investors, the government on Tuesday said it is putting on hold its recent circular on taxation of indirect transfers.