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Page 2118 - Economy & Policy News

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

RBI says still verifying returned notes as note ban anniversary approaches
Updated On : 07 Oct 2019 | 11:12 AM IST

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 an attempt to change the way India spends money: Jaitley
Updated On : 07 Oct 2019 | 11:12 AM IST

Demonetisation helped in bringing terror financing under control: Parrikar

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

Demonetisation helped in bringing terror financing under control: Parrikar
Updated On : 07 Oct 2019 | 11:12 AM IST

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

Backroom story of demonetisation: From PMO to RBI, how it all played out
Updated On : 07 Oct 2019 | 11:11 AM IST

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

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Updated On : 07 Oct 2019 | 11:10 AM IST

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

Terror funding with fake notes reduced due to demonetisation: Jaitley
Updated On : 07 Oct 2019 | 11:10 AM IST

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

RBI's liquidity clean-up to push up bond yields
Updated On : 07 Oct 2019 | 11:10 AM IST

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

A year of note ban: Despite widening losses, small retailers still back BJP
Updated On : 07 Oct 2019 | 11:10 AM IST

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

Scars and wounds caused by demonetisation more visible with time: Manmohan
Updated On : 07 Oct 2019 | 11:10 AM IST

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

DeMo led to formalisation of economy, expanded tax base, says Arun Jaitley
Updated On : 07 Oct 2019 | 11:10 AM IST

Demonetisation foolish, GST derailed economy, says Chidambaram

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

Demonetisation foolish, GST derailed economy, says Chidambaram
Updated On : 07 Oct 2019 | 11:09 AM IST

Demand-supply shock debate divides economists

Was demonetisation a demand-side shock to the system?

Demand-supply shock debate divides economists
Updated On : 07 Oct 2019 | 11:08 AM IST

Rajan's note advising against note ban should be made public: Montek Singh

Montek Singh Ahluwalia, former deputy chairman of the Planning Commission, talks about note ban, GST, jobs, the bullet train and more

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Updated On : 07 Oct 2019 | 11:08 AM IST

New shoes bite initially: Pradhan on GST, demonetisation

Unnecessarily an atmosphere is being created that demonetisation, GST had curtailed job opportunities: Dharmendra Pradhan

New shoes bite initially: Pradhan on GST, demonetisation
Updated On : 07 Oct 2019 | 11:08 AM IST

66 machines being used for counting demonetised notes: RBI

A global tender has been floated for the procurement of new Currency Verification and Processing machines

66 machines being used for counting demonetised notes: RBI
Updated On : 07 Oct 2019 | 11:07 AM IST

Demonetised Diwali for wholesale traders

Diwali sales at a five-year low

Demonetised Diwali for wholesale traders
Updated On : 07 Oct 2019 | 11:07 AM IST

GST, demonetisation having desired impact: Jaitley

Before demonetisation, Indian norm was to live with a high cash economy, not paying taxes: Jaitley

GST, demonetisation having desired impact: Jaitley
Updated On : 07 Oct 2019 | 11:07 AM IST

Year after demonetisation: Cash remains king in Goa ahead of tourist season

If sales do not pick up, many may have to cut down on staff, as many restaurants did last year

Year after demonetisation: Cash remains king in Goa ahead of tourist season
Updated On : 07 Oct 2019 | 11:04 AM IST

Demonetisation killed people in ATM queues, put India in doldrums: Manmohan

Manmohan Singh said he believed that demonetisation was not an appropriate response to the black money menace

Demonetisation killed people in ATM queues, put India in doldrums: Manmohan
Updated On : 07 Oct 2019 | 11:04 AM IST

Now, PM shares a film on note ban

The Centre called it anti-black money day and the Opposition termed it black day

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Updated On : 07 Oct 2019 | 11:03 AM IST