by Admin 2012-11-28 | Like 4 |2279 Views

India to Launch World’s Biggest Cash-to-the-Poor Program

India to Launch World’s Biggest Cash-to-the-Poor Program

India is planning to start giving cash directly to its poorest citizens starting in January, in a bid to reduce massive corruption that prevents subsidized goods and welfare benefits from reaching those who need them.

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Global agency Standard & Poor\'s on Saturday ruled out rating upgrade for India at the current juncture but said improvement in outlook was something which could be considered.

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Standard & Poor\'s rules out rating upgr...

Description : Global agency Standard & Poor\'s on Saturday ruled out rating upgrade for India at the current junct...

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Ruling out rating upgrade for India, global agency Standard & Poor\'s on Saturday said that improvement in outlook was something which could be considered.

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S&P rules out rating upgrade for India ...

Description : Ruling out rating upgrade for India, global agency Standard & Poor\'s on Saturday said that improvem...

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The World Bank said on Thursday it would lend between $3 billion to $5 billion annually to India under a new four-year plan that focuses development projects on the country\'s poorest states.

World Bank says to lend India up to $5 b...

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A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation.

Global banks that ship work to be processed in India, either in-house or to big IT services vendors, were already under pressure to step up oversight of back-office functions after a series of scandals last year.

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London: Facebook Phone\'s disappointingly poor customer feedback in the United States has resulted in the delay of its launch in Europe.

Facebook Phone\'s poor U.S. sales, feedb...

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Get Cash Offer In 7 Minutes. No Waiting. No Repairs. No Fees. Get More Cash In Your Pocket. You Choose The Closing Date. We Pay All Costs!

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Swiss banks are selling a new safe-haven idea to the rich and mighty from India and other countries -- special accounts for holding gold bars and high-value Swiss franc notes in the safety of their cash vaults.
Amid a global crackdown against alleged illicit wealth in secret accounts of Swiss banks, these new products claim to offer safety from the snooping eyes of regulators and tax authorities from the home countries of the rich foreign clients of banks operating from Switzerland.

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Swiss banks lure clients with gold accounts, cash vaults

Swiss banks lure clients with gold accou...

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David Einhorn wants Apple to stop stockpiling cash and give it to shareholders instead.

Apple faces a rebellion: Influential inv...

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Car Tech Newz has been acting as the most prominent as well as a majorly renowned Indian Auto news facilitator. It is continually enjoying a quite enhanced readership. Since the day of its inception, it has gained a notable identity as well as fame in the marketplace! On mentioning about its viewership, Car Tech Newz has showcased an exemplary result. Apart from that, its incomparable data based on automobiles has always been a good source of information. Over the year, Car Tech Newz has been able to earn an enviable reputation in the automobile industry. Also, you are surely going to get awestruck on knowing that it has got some amazing reviews on various online platforms.

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