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Overdraft under Jan-Dhan comes under priority sector lending: RBI

Giving a big boost to Pradhan Mantri Jan-Dhan Yojana (PMJDY), the Reserve Bank of India, on Wednesday, said bank overdrafts of up to Rs.5,000 in accounts opened under this financial inclusion mission would be treated as priority sector lending. “…overdrafts extended by banks up to Rs.5,000 in PMJDY accounts will

Secrecy and information theft

Though the new government at the Centre has done a lot to block unauthorised access to government offices, the recent incident of the loss of data from a key Ministry shows that loopholes are still being exploited and much ground needs to be covered in terms of enhancing security Government

More than just an idea

The India-U.S. Defence Technology and Trade Initiative promises enhanced prosperity and security for both the nations For approximately three years, I have been involved in the India-U.S. Defence Technology and Trade Initiative (DTTI). Originally called “the Carter Initiative,” when Secretary Ashton Carter was the U.S. Deputy Secretary of Defence, DTTI

Spouses of H1B visa holders can apply for US work permit from May 26

A screenshot of the U.S. Citizenship and Immigration Services website. The U.S. on Tuesday announced that it will provide work permits to spouses of H1B visa holders beginning May 26, 2015, a move that is expected to benefit thousands of talented and professional Indian spouses who come to America but

A budget for women

The government’s first full year budget is an excellent chance to recognise missed opportunities and take corrective action with regard to investing in addressing gender inequality The coming Union budget is significant for at least two reasons: first, this will be the new government’s maiden full year budget. Second, with