Demonetisation was a move to change the Indian normal, a new normal had to be created.
It has been speculated for months that Reliance Jio, the company's telecom venture that has created ripples by signing up 100 million customers in just 170 days of launch, will soon launch a taxi service.
It will also offer 20 percent extra data after matching the best data tariffs of rivals from 1 April, 2017.
The new policy replacing the seven-year-old one gives back the IRCTC, a railways PSU, onboard catering responsibility for majority of trains including all the new ones.
The list also includes Hyderabad with a total wealth of $310 billion. Hyderabad is home to 9,000 millionaires and six billionaires.
Giving case-wise details, it said the Indian tax authorities in February 2015 had issued a summons and request for information to an HSBC company in India.
Moody's said the slowdown in loan growth may also have been in part due to loan repayments using the demonetised currencies
Global tech titans like Google CEO Sundar Pichai, Microsoft chief Satya Nadella, Apple's Tim Cook and others have already voiced their concerns on the issue.
It noted scope of the Unique Identification Authority of India (UIDAI) system which enables anyone in the country to obtain an electronic and digitally-signed proof of identity.
Post-8 November, cash shortages and payment disruptions caused by the currency exchange initiative have undermined consumption and business activity, posing a new challenge to sustaining the growth momentum, the IMF said in its annual country report on India.
Various proposals are being brought to forefront, Arvind Subramanian said, adding, "there is a need to get that (bad bank) thing quickly".
Patel, during the two-day Monetary Policy Committee meeting on February 7-8, also said that shifting monetary policy stance from accommodative to neutral will provide sufficient flexibility to move the policy rate in either direction.
The industry body urged for abundant caution on the part of tax authorities so that no negative signals are sent to industry and consumers.
If lower denomination notes (Rs 500 and below) are the focus, why was the government/ Reserve Bank of India flooded the system with Rs 2,000 notes in the days that followed demonetisation when general public was reeling under severe cash crunch.
To dig out the hidden bad loans in the banking system, the RBI, in late 2015, had initiated a bad loan clean-up process under former governor, Raghuram Rajan.
Viral Acharya proposed measures to deal with the NPA problem indicating a tough stance by the central bank.
Warning that recovery is a long way off, Acharya said sectors with the most stressed assets have so much excess capacity relative to current or near-term utilization that there is no sign of a pickup in higher capacity utilisation.
Modi shared his perspective on areas where both countries can work even more closely, including in facilitating greater people-to-people linkages that have over the years helped contribute to each other's prosperity.
Subscribers need not file documents like marriage invitation cards for taking advances
Bhattacharya said having dedicated spectrum for financial transactions will also ensure better security.
The Supreme Court has asked the federal government to compensate Gujarat and Assam for 150 billion rupees in lost revenues due to lower royalties paid by state-run explorers ONGC and Oil India Ltd.
These are exciting times, say some industry stalwarts. It is a time to look forward to the change.
The government intends to introduce the model GST law in Parliament in the second half of the current Budget Session beginning next month, officials said.
After GST, the big task for Modi government is land and labour reforms--a politically highly sensitive issue.
India needs to make its products more competitive for it to enhance exports in an increasingly shrinking world market
Patel, a deputy governor since 2013, had been known within the RBI as reserved. He is widely regarded as having the professional and academic credentials to succeed, but the governor's role also involves communicating, some bankers say.
EPFO has already made it mandatory for pensioners as well as subscribers to submit Aadhaar for availing of benefits of the Employees' Pension Scheme.
If very fundamental reforms take place, especially when it comes to factors of production like land, labour, then a higher growth rate is possible.
'Our current account (deficit) is low and has been low for some time now. It is at a level that is easily financeable.'
Talking to reporters on the sidelines of 'Momentum Jharkhand Global Investors' Summit 2017 here, Jaitley said cash economy has many vices as it leads to crime and tax evasion.