Zerodha crosses 1 crore customer base mark, Aadhaar biggest tipping point: Nithin Kamath

Zerodha crosses 1 crore customer base mark, Aadhaar biggest tipping point: Nithin Kamath

Zerodha CEO Nithin Kamath, on Friday, announced that the discount broking firm, India’s largest, has crossed the one crore customer base mark. “Looking back, the biggest tipping point was Aadhaar for online account opening. Can’t thank the government & Sebi & exchanges & depositories enough for making this happen,” Kamath said. Started 12 years ago … Read more

Election Laws (Amendment) Bill introduced in Lok Sabha

Election Laws (Amendment) Bill introduced in Lok Sabha

The Election Laws (Amendment) Bill, 2021, which seeks to link electoral rolls with the Aadhaar ecosystem to weed out duplication, was introduced in Lok Sabha on Monday. Introducing the bill, Union Law Minister Kiren Rijiju said the legislation will end bogus voting in the country and make the electoral process more credible. However, opposition parties … Read more

EC’s voting reforms may clear decks for one electoral roll, simultaneous polls

EC’s voting reforms may clear decks for one electoral roll, simultaneous polls

The Cabinet‘s approval to allow registration of voters multiple times a year may appear a simple exercise, but it is also a major step for the government to realise grander plans such as introducing common electoral rolls and possibly even simultaneous polls. A late November meeting called by the Prime Minister’s Office on the common … Read more

Union Cabinet learnt to have cleared bill on electoral reforms

Union Cabinet learnt to have cleared bill on electoral reforms

The Union Cabinet on Wednesday is learnt to have cleared a bill on electoral reforms, including allowing the Election Commission to seed Aadhaar number with electoral rolls on voluntary basis. According to the bill cleared by the cabinet, the electoral law will be made “gender neutral” for service voters. Another provision of the bill will … Read more

Unregulated foreign aid could harm India’s sovereignty: Centre to SC

Unregulated foreign aid could harm India’s sovereignty: Centre to SC

The Central government on Tuesday defended the Foreign Contribution (Regulation) Amendment Act, 2020, which introduced sweeping changes in the manner in which these donations could be used in the country, on the grounds that unregulated foreign donations could adversely impact the sovereignty of the nation. “Foreign contributions, if unregulated, can cause devastating consequences to the … Read more

PM Kisan Samman Nidhi: Eight lakh ‘ineligible’ Jan Dhan account holders received benefits

PM Kisan Samman Nidhi: Eight lakh ‘ineligible’ Jan Dhan account holders received benefits

(This story originally appeared in on Jun 29, 2021) In large-scale discrepancies unearthed in the distribution of benefits under the Pradhan Mantri Kisan Samman Nidhi in UP, close to 7.8 lakh ‘ineligible’ Jan Dhan accounts were found to be receiving Rs 6,000 each in the state. Of these, 2.3 lakh were found to be businessmen, … Read more

Labour ministry defers mandatory Aadhar verification for filing monthly PF returns by 3 months

Labour ministry defers mandatory Aadhar verification for filing monthly PF returns by 3 months

The labour ministry has deferred by three months the mandatory Aadhar verification for filing of monthly provident fund returns by employers. The move is aimed at ensuring statutory deposits are not held back because of this and comes as a breather to both employers and employees. “The date of implementation for filing ECR with Aadhaar … Read more

Govt simplifies registration process for MSMEs

Govt simplifies registration process for MSMEs

The government has simplified the registration process for micro, small and medium enterprises and they will now only need to furnish PAN and Aadhaar to register, an official statement said on Tuesday. Announcing the measure, MSME minister Nitin Gadkari said that after getting registered, the MSME unit will be getting priority and finance. He said … Read more

No denial of vaccine, essential services for lack of Aadhaar, says UIDAI

No denial of vaccine, essential services for lack of Aadhaar, says UIDAI

The Unique Identification Authority of India (UIDAI) on Saturday asserted that no one should be denied vaccine, medicine, hospitalisation or treatment just because they do not have an Aadhaar. The UIDAI made it clear that Aadhaar should not be misused as an excuse for denial of any essential service. The statement assumes significance given the … Read more

170 Rohingyas detained in Jammu, scores flee homes

170 Rohingyas detained in Jammu, scores flee homes

Around 170 Rohingyas have been detained in Jammu for living without valid documents. Fearing detention, scores have left their homes while some also protested, demanding immediate release of their relatives or else detaining every member of the community. “We have escaped a genocide in our country and now we are fearing for our lives here … Read more