It facilitates the entire process from inputting purchase invoices, generating sales invoices, managing the input credit ledger and generating reverse charges.
The country has institutions like IITs, DRDO labs and a large number of private institutes which can help it achieve the goal, the minister said.
The post assumes significance as the bank has recently merged five associates and the Bharatiya Mahila Bank (BMB) pushing SBI into the league of top 50 banks globally in terms of assets.
The Finance Ministry had earlier notified a new investment pattern for EPFO, allowing the body to invest a minimum of 5 percent and up to 15 percent of its funds in equity or equity-related schemes.
Personal care items like shampoo, perfumes and make-up items would cost more as the tax rate will go up to 28 percent, from the existing 22 percent.
Non-performing assets (NPAs) of public sector banks (PSBs) have gone past the Rs 6 lakh crore mark
Slaughter houses gets only 10 percent of the cattle directly from farmers. The rest 90 percent is from mandis, according to meat exporters
Even after six months, we are still struggling for an answer. The precise reason is neither the government nor the RBI has yet revealed the amount of old currency that has returned to the system after demonetisation.
India has remained ahead of China and the US as far as FDI inflows were concerned in the last year
There has been no serious action to dismantle the rights-based entitlement regime that was erected under the United Progressive Alliance government.
A steeper-than-expected rise in defence spend wouldn’t be good news for a crippled economy like Pakistan, largely running on Chinese aid.
Set up after economic liberalisation, it was envisaged as a single-window clearance for all FDI proposals. But it turned out to be a body which developed clout not entirely commensurate with its functions
Assistance to Maldives, which is in danger of extinction due to climate change, is facing a massive cut from $3.3 million in 2016 to a mere $440,000 in 2018
Arun Jaitley said that about 91-95 percent of FDI proposals are under the automatic route
He said Modi seems sometimes more interested in making political and symbolic gains than in helping the economy with a predictable course
Slowing China is an opportunity for India. But only if exports, private investments, employment generation and a healthy banking system live up to the challenge
As many as 11 companies including Reliance Industries and India's top three telecom operators were in 2015 permitted by the Reserve Bank of India (RBI) to set up payments banks which can take deposits and remittances but cannot lend.
The minister says I completely deny and refute that there is any downturn in the employment in the IT sector
Successive Indian governments, since the UPA time have been wooing Africa and holding bi-annual India-Africa summits
CM urged Punjab's debt-ridden farmers not to commit suicide and assured of steps to help the farming community
This is the 52nd Annual Meetings of the African Development Bank with the theme 'Transforming Agriculture for Wealth Creation in Africa'.
GDP is indeed good and the country is the fastest growing. But where are the investments? Without them, job creation will continue to be a difficult task
On December 16, 2015 the apex court had clearly rejected RBI's arguments and ordered disclosure of defaulters' list
The total outlay for the poultry project will be Rs.200 crore.
'India-Africa cooperation is not an one-off event. This has been central to our strategical policy,' said Jaitley,
Hasmukh Adhia hinted that any price hike by companies before 1 July, even if done for reasons such as higher input cost, may be subjected to enquiries. A veiled threat?
The customer will have to spend Rs 100 for a 10-leaf cheque book, i.e. Rs 10 per leaf
Prime Minister Narendra Modi will tomorrow inaugurate the five-day annual meeting of the AfDB Group.
India now imports 86 percent of its oil needs from OPEC states to meet its 4.6 million barrels per day (bpd) refining capacity.
Various representations have been made stating that 40 percent credit given for transition stock is too less