Search Results for: demonetization

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Demonetisation spurred Indian economy's digitisation but issues remain

Whatever the avowed objectives of the controversial demonetization, it did help the Digital India initiative. However, the weak internet infrastructure has affected the government efforts to bridge the digital divide.

Nov 9, 2018

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

Describing demonetisation as an "ill-fated" and "ill-thought" exercise, Singh said the havoc unleashed on the Indian economy and society is now evident to everyone.

Nov 8, 2018

Demonetisation anniversary: Mamata Banerjee calls PM Modi's initiative a 'disaster'

"#DarkDay Today is the second anniversary of #DeMonetisation disaster. From the moment it was announced I said so," Mamata Banerjee tweeted on Thursday.

Nov 8, 2018

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Indian mutual funds industry outpaces global growth by over 100%

The share of mutual funds in the capital markets through portfolio investment has spiked from 8.5 per cent in 2014 to 18.4 per cent in March.

Sep 27, 2018

Need to trust banking system to drive India's economy, says finance minister Arun Jaitley

He noted that the perception regarding the health of PSBs had become more positive as banks had posted positive results in terms of resolution, recovery, provisioning and credit growth.

Sep 25, 2018

Indian rupee has lost 11% value against US dollar in last one year, says IMF spokesperson

Gerry Rice said the IMF continues to assess the impact of demonetization on an ongoing basis. As with most things, there have been pluses and there have been minuses of demonetization, he said.

Sep 18, 2018

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Forced Employment? Millions of engineers apply for gangman's job in Indian Railways

This is not the first the first time that people having technical degrees are applying for such low qualification-required jobs. The exam held by Railways Recruitment Board (RRB) on 31st August for 1.27 lakh posts also witnessed a huge number of overqualified people applying for the job

Sep 15, 2018

India moves ahead of Japan to become third-largest world economy in terms of PPP

Purchasing power parity (PPP) compares how many goods and services a unit of money can purchase in different countries. While GDP shows the total productive output of a country, PPP compares the value of money in different countries.

Sep 11, 2018

Rahul Gandhi compares RSS to Muslim Brotherhood; BJP calls him immature

He made this comment during his speech in the International Institute of Strategic Studies (IISS) in London.

Aug 25, 2018

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Mamata Banerjee is the most successful leader across India, claims Trinamool leader

Partha Chatterjee, the state's Education Minister, claimed that the people of Bengal will accept no one but Mamata Banerjee as their leader.

Jul 21, 2018

America's Indo-Pacific strategy will hurt India, warns China

Trying to maintain military balance with China will be detrimental for the Indian economy, says the editorial in Global Times, a hardline Chinese state media outlet, warning that following the US strategy "blindly" will spell trouble for India's relations with neighbouring countries.

Jul 3, 2018

One year of GST: Prime minister Modi acknowledges 'positive change in the Indian economy' on Twitter

Narendra Modi congratulated India on the completion of one year since the implementation of GST, touted as the biggest economic reform since Independence.

Jul 1, 2018

Mice cause mini demonetisation; shred notes worth Rs 12.38 lakh inside ATM

In Tinsukia, Assam, mice didn't let go the chance of gobbling and shredding currency notes worth more than Rs 12 lakh inside a SBI ATM.

Jun 19, 2018

India's growth likely topped 7 percent again in January-March quarter

The biggest risk India faces is rising crude oil prices LCOc1, which this month hit $80 a barrel, their highest since 2014.

May 31, 2018

Karnataka Assembly elections results: 'Congress-JD(S) combine will strive for a better future'

Congress has made an unconditional offer to JD(S) and offered the chief minister's post to HD Kumaraswamy. As BJP emerged as the largest party in the elections, Karnataka governor Vajubhai Rudabhai Vala has also given it a week's time to form the government.

May 14, 2018

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