Latest Articles in Demonetisation
RBI Board Warned Of Noteban's Short-Term Impact On Economy; No Material Effect On Black Money
Curbing black money was one of the prime objectives of the shock move to junk old Rs 500 and 1,000 notes, which saw 86 per cent of high value currency going out of circulation
Read More.jpg)
Demonetisation, GST Affecting Mudra Loan Recovery, says Shiv Sena
The outstanding amount of these loans has piled up to Rs 11,000 crore
Read More
India's Economic Growth Held Back Due To Demonetisation, GST: Raghuram Rajan
"The two successive shocks of demonetisation and the GST had a serious impact on growth in India. Growth has fallen off interestingly at a time when growth in the global economy has been peaking up," said former RBI Governor Raghuram Rajan
Read More
Demonetisation Led To More Tax Collection, Higher Growth: Jaitley
His statement comes a day after RBI data revealed that almost all the scrapped notes were returned to banks
Read More
Demonietisation achieved objectives quite substantially: Government
Economic Affairs Secretary Subhash Chandra Garg said that the demonetisation exercise successfully and substantially curbed terrorist financing and has promoted digital payments.
Read More
Chidambaram Tweets Displeasure As RBI Says 99.3 per cent Demonetised Notes Returned To Banking System
The Congress Leader in a series of tweets says that only Rs. 13,000 crore were demonetised, slams Government for loss to economy, livelihood, lives and jobs.
Read More
India Cannot Depend On Just Manufacturing For One Million Jobs Per Year: Ajay Banga, CEO, Mastercard
Banga said he is also worried that the country does not have 25 years to fix this situation
Read More.jpg)
New Rs.100 Note Released By RBI: 5 Things That May Surprise You
The new Rs 100 note in lavender colour is entirely designed in India, from the paper to the ink and even the security features have been developed by Indian companies
Read More
RBI To Soon Issue New Rs 100 Note In Lavender Colour
"All Rs 100 banknotes issued earlier will also continue to be legal tender," the central bank said while announcing the issue of the new Rs 100 notes
Read More
DeMO Led To Highest Fake Currency, Suspicious Transactions: Report
The country's banks received an all-time high amount of fake currency and also detected an over 480 per cent jump in suspicious transactions post demonetisation, a first-ever report on dubious deposits made in the wake of the 2016 notes ban has revealed.
Read More
Printing Presses Operating 24x7, Generating Rs 500, 200 Notes
The official said that the printing of currency 24x7 was last done post demonetisation when the printing of new Rs 2,000 notes was fast-tracked to meet the liquidity shortage in the market
Read More
Demonetisation Was 'Not A Good Idea': Raghuram Rajan
He said demonetisation "was not a well-planned, well thought-out, useful exercise and I told the government that when the idea was first mooted"
Read More
Finish Issuing All DeMO Notices By May: CBDT To I-T Dept
Officials said the policy-making body of the department wants to fasten the process of raising tax demands on those who either concealed or generated black money in the wake of the notes ban of November 8, 2016
Read More
No Proposal Under Consideration To Discontinue Rs 2,000 Note
"There is no proposal under consideration of the government to stop Rs 2,000 note," Minister of State for Finance P Radhakrishnan said in a written reply in the Lok Sabha to a question whether the finance ministry has any plan to stop the note in near future
Read More
Budget 2018: Trade Unions Want Budget To Focus More On Job Creation
The trade unions claimed thousands of people had lost their jobs because the government’s demonetisation decision had adversely affected small and medium industries, forcing them to either shut down or sack workers
Read More