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Latest Articles in demonetization

Delhi Police apprehends man accused of misappropriating Rs 9 crore using seven bank accounts

Delhi Police apprehends man accused of misappropriating Rs 9 crore using seven bank accounts

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Adhir Ranjan Chowdhury attacks Centre on 4th anniversary of demonetisation

Adhir Ranjan Chowdhury attacks Centre on 4th anniversary of demonetisation

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The Pandemic Is Pushing Cash Off Its Throne

India’s digital payments per capita have grown more than 5 times since the year 2015, to 22.4 transactions by the end of March 2019.

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MobiKwik Starts IPO Prep: Elevates SVP Payments Chandan Joshi To Cofounder

The company had reported strong financial results: net revenue growth of 133% year on year to ₹379 crores and Cash EBITDA loss reduction of 91% year over year to ₹8.5 crores.

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NIA files supplementary chargesheet in PLFI terror funding case

NIA files supplementary chargesheet in PLFI terror funding case

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Towards A $5 Trillion Economy

If the math and sensible economic policies by the Modi government converge, India with a GDP of $5 trillion will in 2024-25 be the world’s fourth-largest economy, pulling ahead of Germany.

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5 Million Men Lost Jobs Between 2016 And 2018

Unemployed people in India are mostly higher educated and young. Women are worse affected and have much lower participation in the workforce

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Jaitley Says GST Had Only Transient Impact On Growth

In remarks apparently aimed at former Reserve Bank governor Raghuram Rajan, who Friday blamed the GST roll-out along with demonetisation for lower GDP growth, Jaitley said the economy recovered fast from the limited "disruptionist impact" of the tax reform

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Jaitley Defends DeMo, Says Rise In Tax Base Proves 'Prophets Of Doom' Wrong

Responding to noteban critics, Finance Minister Arun Jaitley said that demonetisation has strengthened the economy and increased the government resources to fund poverty alleviation and infrastructure development programmes

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Scars And Wounds Caused By Demonetisation More Visible With Time: Manmohan Singh

Describing demonetisation as an "ill-fated" and "ill-thought" exercise, former Prime Minister Manmohan Singh said in a statement that the havoc it unleashed on the Indian economy and society is now evident to everyone

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DeMo Led To Formalisation Of Economy, Expanded Tax Base: Jaitley

Finance Minister Arun Jaitley in a facebook post said that in first four years of the NDA government, the number of income tax returns filers has gone up to 6.86 crore from 3.8 crore in May 2014

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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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18 Months After Demonetization ATMs Run Dry Across India, FM Says Temporary Shortage

Several parts of Andhra Pradesh, Telangana, Madhya Pradesh, Bihar and poll-bound Karnataka have reported shortage of currency and ATMs running down, which the government today attributed to unusual spurt in demand in last three months.

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RBI To Have Additional Instrument For Liquidity Management

Finance Minister Arun Jaitley in his Budget has proposed to amend the RBI Act to empower the central bank to come up with an additional instrument for liquidity management

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India's 2017 Oil Demand Growth Posts Lowest Gain Since 2013

"Gasoline demand rose 7.4 percent, or 41,000 barrels per day, down from 12 percent growth in 2016 as demand was affected by demonetisation at the start of the year," the bank said

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