Demonetisation

Modi government to observe demonetisation anniversary as Anti-Black Money Day

The announcement was made by Finance Minister Arun Jaitley. Read on to know what he said.

Oct 25, 2017

demonetisation, rbi, remonetisation, notes returned, bank deposits, modi

Opposition to observe 1st anniversary of Modi's demonetisation as 'Black Day'

On November 8, 2017, PM Modi's demonetisation move will complete one year. Read on to know how opposition parties will observe it.

Oct 24, 2017

rbi rule deposit of rs 5000 more than demonetisation modi govt currency ban

RBI: Bank accounts should be linked to Aadhaar by year end

Referring to the last date for linking the Aadhaar to the bank account, a government notice stated that all the existing account holders should complete the linking procedure by December 31, 2017.

Oct 21, 2017

india, gdp, growth rate, q3 gdp data, india vs china, world's fastest growing economy

After IMF and ADB, World Bank lowers India's GDP growth forecast to 7%

The World Bank has said that India's growth rate may slow down to 7.0 percent in 2017 from the previous 8.6 percent in 2015 and the slowdown has been attributed to demonetisation and GST.

Oct 11, 2017

Congress seeks Amit Shah's resignation over rise in turnover of son's firm, BJP hits back

Congress vice president spoke to enthusiastic crowds in Nadiad district of Gujarat and took pot shots at the Modi government.

Oct 9, 2017

new rs 1000 note, new series of rs 1,000 note, rbi new currencies, demonetisation, note ban, rbi updates on note ban, pm modi

Post-demonetisation: Govt receives 'vital info' on transactions of 2 lakh suspicious companies

The data provided by 13 banks reveals suspicious transactions carried out by 2,09,032 companies, which were blacklisted by the Registrar of Companies earlier this year.

Oct 6, 2017

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Hiring in India rises at the fastest pace in over six years

The Nikkei/IHS Markit Services Purchasing Managers' Index surged to 50.7 in September from 47.5 in August.

Oct 5, 2017

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Demonetisation: Bank employees say overtime not paid; strike in the offing

Hundreds of bank employees are threatening to go on a strike and even approach the court as they have reportedly not been paid for the overtime that they worked during the demonetization drive.

Oct 5, 2017

Narendra Modi Modi government modi completes two years in office

Govt expects economic growth to bounce back in coming quarters

This optimism comes after the Reserve Bank of India slashed its growth projection to 6.7 percent from its previous forecast of 7.3 percent in the October monetary policy meeting held on Wednesday.

Oct 5, 2017

Narendra Modi had unmade Rahul Gandhi in 2014 but now, he is making him again

The Congress vice-president's talks in the US are leaving a lot of people "pleasantly surprised". It is because the Modi govt's overconfident approach but below-expectation delivery, especially in economic sector, has boosted the image Rahul is projecting with calculation.

Sep 20, 2017

Bleak days for black: PAN, company audit reports enter govt's watchlist

Ministry of Corporate Affairs and CBDT to share data for carrying out scrutiny, inspection, investigation and prosecution.

Sep 14, 2017

Bank employees to stage protests on September 15

The banking sector wants the government to focus on concerns such as staff shortage and real recovery of Non-Performing Assets (NPAs).

Sep 12, 2017

Morgan Stanley to invest upto $500-million to bridge India's infrastructure gap

Besides investing in logistics, healthcare, telecom and education, Morgan Stanley will also invest in roads, airports, ports and power plants.

Sep 12, 2017

With 99% of scrapped notes coming back, RBI banks on 'sophisticated' machines to check them

RBI in the annual report 2016-17, stated that Rs 15.28 lakh crore, or 99% of the demonetised notes have returned to the banking system.

Sep 11, 2017

I-T department to bash the #, examine social media profiles of taxpayers

I-T department will launch 'Project Insight' to use Big Data analytics to match information from social media sites for mismatches between spending patterns and income declarations.

Sep 10, 2017

Lalbaug-cha Raja gets Rs 1.1 lakh offering in demonetised notes

Trustees of the famed Lalbaugcha Raja in Mumbai were shocked to find demonetised Rs 1,000 notes donated during Ganeshotsav last week. Read to know more

Sep 10, 2017

note ban, demonetisation, rbi, modi govt, currency, rs 100 note, fm jaitley, arun jaitley, indian economy, atm, cash deposit

DeMo flashback: 21,000 people disclosed Rs 4,900 cr 'black money' under PMGKY

Surprisingly, revenue secretary Hasmukh Adhia, after the closure of the PMGKY window, had said the response had "not been so good."

Sep 7, 2017

Currency printing presses demand Rs 577 cr from RBI for Modi govt's DeMo drive

The big amount demanded from the central bank is mainly because of importing currency note paper and other printing materials used for printing Rs 500 and Rs 1,000 notes.

Sep 6, 2017

FMCG firms to spend more on promotion: Festive season boost or Patanjali effect?

FMCG companies are planning to spend 15-20 percent more on promotion of their goods in the September-December period. Read to know what fuelled this decision.

Sep 4, 2017

Never favoured demonetisation, suggested alternatives: Raghuram Rajan

"At no point during my term was the RBI asked to make a decision on demonetisation.": Raghuram Rajan

Sep 3, 2017

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Demonetisation

Modi government to observe demonetisation anniversary as Anti-Black Money Day

Opposition to observe 1st anniversary of Modi's demonetisation as 'Black Day'

RBI: Bank accounts should be linked to Aadhaar by year end

After IMF and ADB, World Bank lowers India's GDP growth forecast to 7%

Congress seeks Amit Shah's resignation over rise in turnover of son's firm, BJP hits back

Post-demonetisation: Govt receives 'vital info' on transactions of 2 lakh suspicious companies

Hiring in India rises at the fastest pace in over six years

Demonetisation: Bank employees say overtime not paid; strike in the offing

Govt expects economic growth to bounce back in coming quarters

Narendra Modi had unmade Rahul Gandhi in 2014 but now, he is making him again

Bleak days for black: PAN, company audit reports enter govt's watchlist

Bank employees to stage protests on September 15

Morgan Stanley to invest upto $500-million to bridge India's infrastructure gap

With 99% of scrapped notes coming back, RBI banks on 'sophisticated' machines to check them

I-T department to bash the #, examine social media profiles of taxpayers

Lalbaug-cha Raja gets Rs 1.1 lakh offering in demonetised notes

DeMo flashback: 21,000 people disclosed Rs 4,900 cr 'black money' under PMGKY

Currency printing presses demand Rs 577 cr from RBI for Modi govt's DeMo drive

FMCG firms to spend more on promotion: Festive season boost or Patanjali effect?

Never favoured demonetisation, suggested alternatives: Raghuram Rajan

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

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Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious