Latest Articles in Demonetisation
It Is Just A Slowdown, Along With A Global Slowdown: Rajiv Kumar, Vice Chairman, Niti Aayog
The slowdown is a Result perhaps, because Of global factors And the inevitable uncertainty caused before the elections. Also, there is a lingering impact of the problems in the financial sector
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Narendra Modi Is The Chief Sales Officer Of India: Dinesh C. Paliwal, President & CEO, Harman
Harman International Industries, an American subsidiary of South Korea-based Samsung Electronics giant, produces, designs and engineers connected products for automakers, consumers and enterprises worldwide, including connected car systems; audio and visual products, enterprise automation; and connected services. While expanding its Pune facility recently, US major’s global president and CEO Dinesh C. Paliwal maintains that he is gung-ho on India and believes Prime Minister Narendra Modi is the Chief Sales Officer of India. Below are the edited excerpts:
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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
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Demonetisation, GST Affecting Mudra Loan Recovery, says Shiv Sena
The outstanding amount of these loans has piled up to Rs 11,000 crore
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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
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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
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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.
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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.
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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
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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
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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
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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.
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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
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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"
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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
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