Tag Archives: Demonetization
Modi Out To Divide India Through Demonetisation: Meghalaya CM
Shillong: Meghalaya Chief Minister Mukul Sangma on Tuesday accused Prime Minister Narendra Modi of trying to divide the 'haves' and the 'have-nots' of India through demonetization. "We condemn the Prime Minister's statement, wherein he had said that post-demonetization, the poor are enjoying a so..
Cashless Transactions In IOC Petrol Pumps Rise To 27% In Bengal
Kolkata: Cashless transactions in petrol pumps of Indian Oil Corporation in West Bengal have increased by more than double after demonetization, a company official said on Monday. "Cashless transaction is now ranges to 20-27 per cent of sales while before demonetisation, it was around 10 per cent..
Manmohan Takes On Modi: ‘Worse Is Yet To Come’
Commenting on the demonetization decision, former Prime Minster Manmohan Singh on Wednesday said that while the economic situation has already become bad, "worse is yet to come". Speaking at the "Jan Vedna Sammelan" of the Congress, Manmohan Singh attacked Prime Minster Narendra Modi, saying it i..
Lack of Coordination Between Banks, Government: Vadra
Congress President Sonia Gandhi's son-in-law Robert Vadra on Monday attacked the Centre for lack of management after the petrol pumps across the country threatened to stop accepting payments through credit or debit cards. Vadra said there was lack of coordination between banks and the government...
Jaitley to Support Modi’s New Year Sops
New Delhi: Union Finance Minister Arun Jaitley on Sunday said that his ministry will do its best to support the steps announced by Prime Minister Narendra Modi on the New Year's eve. "I see 2017 as a year whose agenda was set by the Prime Minister last night. Cheaper loans for affordable housing,..
Rupee, Rates, Reform, to Be Major Themes For Domestic Bourses
New Delhi: The adverse impact of demonetization, along with a volatile rupee and outflows might prove a drag on the Indian equity markets during the early part of 2017, but domestic exchanges are expected to bounce back on sound economic fundamentals and the potential for further reforms. Besides..
55 Kg Silver, 40 Lakh Cash Including 6 Lakh Fake Notes, Seized
A day after cops seized Rs 26.10 lakh worth fake notes in Rajkot, police recovered genuine as well as fake notes worth over Rs 40 lakh from Ahmedabad and Surat and also seized 55 kg silver from a private bus. In these different incidents cops arrested altogether eight people from different places ac..
Demonetisation: Opposition Seeks Modi Shoulder Blame, Quit If Problems Persist
New Delhi: Training guns on Prime Minister Narendra Modi over demonetization, a fractured opposition on Tuesday asked him to own responsibility for the chaos that ensued following the currency ban and demanded his resignation if the cash crunch persisted even after the 50-day deadline If Congress..
RBI Chief Likely To Appear Before Parliamentary Panel Next Month
New Delhi: Reserve Bank of India (RBI) Governor Urjit Patel is likely to be called by the Parliamentary Committee of Finance for a briefing on demonetization next month, informed sources said on Thursday. Patel was initially to make his submission to the panel on Thursday. But the panel felt they..
Since Nov 9, Black Income of Rs 3,300 cr Found, Rs 92 cr Seized In New Notes
As part of its country-wide operations against black money, over Rs 3,300 crore of unrevealed revenue has been detected while Rs 92 crore worth new notes have been seized since November 9 by the income tax department. The department has carried out a total of 734 search, survey and enquiry oper..