Tag Archives: Demonetisation
Note Ban Talks Began Early Last Year: Urjit Patel To Parliamentary Panel
Reserve Bank of India Governor Urjit Patel is learnt to have told the parliamentary panel on demonetisation that discussions between the central bank and the government on the process began early last year. Congress members of the committee asked questions like whose decision was it to withdraw h..
Amid Demonetisation, GDP Fall This Sector Is Expected To Generate 2 Million Jobs In India
UN report claims there will be drastic rise in the unemployment ratio in India in the coming year. The demonetization has added fuel to the claim as economist being not consensus cites fall in GDP and also quake in the economy of India. But amid all this future aspects the telecom sector is expected..
Demonetisation Makes Hiroshima, Nagasaki Of Indian Economy: Shiv Sena
In a vitriolic attack, the Shiv Sena on Wednesday compared the fallout of demonetisation on Indian economy with the disaster wreaked by the atom bombs dropped on Hiroshima and Nagasaki. "By dropping the 'atom bomb of demonetisation', Prime Minister Narendra Modi has reduced the Indian economy to ..
Short Queues Outside ATMs, But Many Machines Still Dry
The rush for cash in the capital has eased with shorter queues outside ATMs after over two months of the November 8 demonetisation move, although most of the money vending machines still remain dry. An IANS correspondent on Tuesday found that though, most of the machines were either unfunctional ..
‘If Modi Can Demonetise, He Can Also Revamp Higher Education And Research’
The Narendra Modi government should show decisiveness of the kind that was on display over demonetisation to depoliticise and revamp regulatory bodies in higher education and research like the University Grants Commission (UGC), a noted scientist has said. P. Balaram, a celebrated biochemist an..
After #Notebandi, Banks Flush With Money, But Companies In No Shape To Borrow
"Demonetisation has made banks flush with funds, and they will lend it to productive sectors." - Power Minister Piyush Goyal, November 26, 2016. It won't be quite as easy as Goyal said. Rising non-performing assets (NPAs) and sluggish economic growth sparked a 60 per cent decline in corporat..
Danger To Life Of Person Who Discloses Information On Demonetised Notes: RBI
The Reserve Bank of India (RBI) has refused to divulge details regarding the number of demonetised notes already at banks on the evening of November 8, the day on which Prime Minister Narendra Modi announced a ban on currency of Rs 500 and Rs 1000. Responding to an RTI query, the RBI claimed an e..
Are New Currency Notes Reaching Directly To The Individuals From The Mints?
After demonetisation lots of black money was flushed out and banks has received lakhs of crore of rupees deposited post note ban, Meanwhile, people are facing hardships to get the money exchanged after demonetisation as government has announced limitations on exchanging the scrapped money into new c..
Highlights Of Rahul Gandhi’s Speech At Congress’s Jan Vedna Sammelan
Congress’s daylong convention on the challenges post-demonetisation, called Jan vedna Sammelan, began Wednesday. Congress vice-president Rahul Gandhi presided over the convention while party president Sonia Gandhi stayed away. In the past, Rahul had presided over the party’s foundation day fu..
Congress Convention Begins, Jan Vedna Abhiyaan To Be Launched
The Jan Vedna convention of the Congress began at the Talkatora Stadium on Wednesday by screening short films on former Prime Minister Indira Gandhi and demonetisation. Congress Vice President Rahul Gandhi was scheduled to deliver the inaugural address. The convention would focus on the party'..