Tag Archives: Demonetisation
Chinese Media Praises PM Modi’s Popularity, Demonetisation And BJP’s Landslide Victory In UP
BJP's landslide electoral win in Uttar Pradesh and Uttarakhand validates Prime Minister Narendra Modi's popularity but consolidation of his hold over the party may lead to the total absence of dissent within party ranks, official Chinese media commented on Sunday. "The Prime Minister's popularity..
Demonetisation Opens Up New Channels For Corruption
Describing demonetisation as an attempt 'akin to striking a rock with an egg', eminent Austrian economist Heinz D Kurz has said it is 'much too weak and misdirected an instrument' to root out corruption. Actually, he said, the Indian government's move opened up new avenues of corruption. "As f..
Love Jihad To Sabka Vikas: Can Modi Tame Yogi?
Did the Bharatiya Janata Party (BJP) desist from naming its Chief Ministerial candidate for UP before the assembly polls because it wanted to spring a nasty, or pleasant, surprise depending on one's point of view on an unsuspecting public? For some, the earlier deafening silence on a possible Chi..
Tomorrow’s India Will Be Fantastic, Says Mukesh Ambani Lauding Modi
Reliance Industries Chairman Mukesh Ambani on Saturday lauded Prime Minister Narendra Modi for his demonetisation move and digital drives, adding that India has the potential to be the leader in the 4th industrial revolution. "Thanks to demonetisation, India has taken a big leap forward from a pr..
I-T Department Conducts Raids At 67 Petrol Pumps In Gujarat
Gujarat Income Tax department has carried out surveys at 67 petrol pumps across the state in the past 10 days. According to market sources, these outlets had been under the I-T scanner for a long time. Post demonetisation announcement on November 8, the government had allowed petrol pumps to acce..
No Official Report On Death Caused Due To Demonetisation: Government
The government today said it has not received any "official report" on deaths during the course of currency exchange and withdrawals following demonetisation. "No such official report has been received," Minister of State for Finance Arjun Ram Meghwal said in a written reply in the Lok Sabha. ..
Scrapped Notes Worth Rs 2 Crore Seized In Mumbai
At least Rs 2 crore in demonetised currency notes were seized from a car in Mumbai following which four persons have been arrested, police said today. Acting on a tip-off, police intercepted the car at Kherwadi in suburban Bandra last night and seized the defunct notes, Deputy Commissioner of Pol..
Government Indulging In ‘Extortion’ In Name Of Digital India: Congress
The Congress on Tuesday alleged that the Narendra Modi government was indulging in "plain extortion" in the name of Digital India by levying various taxes and charges on digital transactions. "After forcing the devastating decision of demonetisation upon the people of India, the Narendra Modi gov..
Can’t Disclose If Arun Jaitley Was Consulted On Demonetisation: Finance Ministry
The Finance Ministry has refused to disclose whether its boss Arun Jaitley was consulted before the announcement of demonetisation by Prime Minister Narendra Modi on November 8, 2016. The Prime Minister's Office (PMO) and the Reserve Bank of India (RBI) had earlier claimed that the query whether ..
World Bank CEO Kristalina Georgieva Praises PM Narendra Modi’s Demonetisation Move
November 8 ban announced by Indian Government on high denominations banning 86 per cent of cash in drive was recently praised by World Bank CEO Kristalina Georgieva. World Bank CEO Kristalina Georgieva has backed November 8 note ban saying drive would leave a "profound and positive effect on Indi..