Page 2115 - Economy & Policy News

True impact of invalidating high-value currency has increased tax base: FM

He said the ban on Rs 500 and Rs 1,000 along with the goods and services tax had expanded the tax base

GST, demonetisation, Swachh Bharat having desired impact, says Arun Jaitley

Said, 'we must not forget that we not only have a large population to service, we have a very young population to service'

'Demonetisation may have cost banks Rs 3,000 cr per day'

Have written to RBI to provide bank-wise, city-wise cash distribution details

Black flags, protests greet RBI chief Urjit Patel in Kolkata

Patel was in the West Bengal capital for central bank's board meeting

Margins may improve after a long wait as denim industry sees glut easing

No new capacities likely, so market will be able to absorb current production; however, rising cotton prices could offset the benefits of operating leverage and modest increase in fiscal incentives

Modi is still the Sangh's best bet: Why RSS has backed demonetisation

The RSS has greater stakes in this regime than ever before

GST, demonetisation to help increase jewellery sales by 25% in FY18: Titan

Reforms to hurt family firms that currently control nearly 70% of the $30-bn gold jewellery trade

PM Modi's New Year's Eve speech: Relief for farmers, SME sector in focus

Further measures against black money and benami property could be announced

BJP, Cong-led Opposition parties get ready for Nov 8 face-off

FM said Union ministers and senior party leaders would take part in Anti-Black Money Day events

RBI says still verifying returned notes as note ban anniversary approaches

Said it processed 11.34 bn pieces of Rs 500 notes and 5.24 bn pieces of Rs 1,000 junked notes

Demonetisation an attempt to change the way India spends money: Jaitley

Taking all this, there's going to be a sea change in the manner in which India spends money: Jaitley

Demonetisation helped in bringing terror financing under control: Parrikar

One cannot expect black money in the country to return overnight, says Goa CM Parrikar

Backroom story of demonetisation: From PMO to RBI, how it all played out

Before the PM went live on Doordarshan, the decision had to be okayed by at least one Cabinet body

Note ban anniversary: Sitharaman asks if Oppn is in favour of black money

Sitharaman said that about 20 per cent more confiscation of black money happened after demonetisation

Terror funding with fake notes reduced due to demonetisation: Jaitley

The Narendra Modi govt banned Rs 500 and Rs 1,000 notes on this day a year back

RBI's liquidity clean-up to push up bond yields

The apex bank has become more aggressive in absorbing liquidity since note ban, has sold Rs 90,000 cr bonds to remove excess liquidity

A year of note ban: Despite widening losses, small retailers still back BJP

All shopkeepers involved in the exercise said fewer customers wanted to pay through cashless modes, so fewer shopkeepers have invested in non-cash payment infrastructure such as card swipe machines

Scars and wounds caused by demonetisation more visible with time: Manmohan

The former Finance Minister also asked the current NDA regime not to indulge in any further unorthodox, short-term economic measures

DeMo led to formalisation of economy, expanded tax base, says Arun Jaitley

Jaitley said in first four years of the National Democratic Alliance (NDA) government, the number of income tax returns filers has gone up to 6.86 crore from 3.8 crore in May 2014

Demonetisation foolish, GST derailed economy, says Chidambaram

Centre should have admitted that made mistake to scrap high value currency notes: Chidambaram