Demonetisation

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Demonetisation: RBI governor Urjit Patel to appear before Parliament panel, says report

The RBI chief could shed light on the latest status of remonetisation, among other issues; he had earlier appeared before the panel in January.

Jul 12, 2017

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Demonetisation: Supreme Court says Centre can't ban people from depositing old notes

In November 2016, the Narendra Modi government had scrapped the use of Rs 500 and Rs 1,000 notes and had allocated a limited exchange window for people to deposit their old scrapped notes in banks.

Jul 4, 2017

Is this the new Rs 200 note that the RBI is printing now? [PHOTO]

Does this image belong to the Rs 200 notes being currently printed by the Reserve Bank of India? See for yourself!

Jun 30, 2017

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Once bitten, twice shy? If GST makes people suffer like demonetisation, 2019 could be tough for Modi

With demonetisation and GST, economics too has become an electoral issue, unlike in the past. However, in case the GST proves to be adverse, the middle-class which had welcomed demonetisation, could be a less happy lot.

Jun 30, 2017

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Deadline for depositing DeMo notes with RBI ends on June 30 for NRIs

Non-resident Indians (NRIs) have time till June 30, 2017 to deposit demonetised notes at five offices of RBI.

Jun 29, 2017

Embarrasing timing: PM Modi's '7,000 reforms in 3 years' claim came a day after Economist downvoted him as reformer

PM Narendra Modi said during his meeting with businessmen in US that his govt has done 7,000 reforms in last three years. Just a day earlier, the revered Economist termed him a fine administrator but not so a reformer.

Jun 27, 2017

Modi in US: PM invites CEOs to invest in India, invokes surgical strike

Prime Minister Narendra Modi on Sunday urged the CEOs of various US-based companies to ramp up investments in India, and also spoke on the surgical strike on terrorists in PoK. Read to know more.

Jun 26, 2017

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With more currency and no digital shift, demonetisation is a failure

Demonetisation via strategic devaluation of selected currency denominations rolled out last November has not resulted in a quantum shift to digital mode.

Jun 20, 2017

Rahul Gandhi likely to take over as Congress president in October

Rahul Gandhi is likely to replace Sonia Gandhi as the president of the Indian National Congress in October this year, former minister Jairam Ramesh told a news channel.

Jun 7, 2017

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Rs 200 notes proposal: People seem to like the idea; say will bridge the gap between denominations

A Twitter poll conducted by IBTimes India on the "introduction of the new Rs 200 notes to ease the post-effect of demonetisation" gets a positive response. Read to know more.

Jun 3, 2017

GDP heads south: The puzzle is clear; demonetisation was Narendra Modi's success till Uttar Pradesh elections

Although the government rubbished several experts saying demonetisation was a bold move which helped India in many aspects, the reality is that it was just a spin to win the UP polls.

Jun 1, 2017

Agra: Mother of 4 offers to sell kidney to help pay daughters' school fee

A mother in Agra has offered to sell her kidney to anyone in need to fund her children's education. Her daughters have been expelled from school as the family wasn't able to pay their fees.

Jun 1, 2017

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India's growth to slow down to 6.8% in 2016-17: World Bank

While limited data is available, demonetisation may have had a disproportionate impact on poorer households, which are more likely to work in construction and informal retail.

May 30, 2017

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Modi govt's track record on job creation is a flop show

The three years of the Narendra Modi government have been dismal on the job front, with fresh employment creation falling to record lows.

May 27, 2017

India's IT infrastructure spending projected to reach $2.2 billion in 2017

Enterprise networking is the biggest segment within the Indian IT infrastructure market, with its revenue expected to reach $1.1 billion in 2017.

May 4, 2017

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Bangladesh sex worker tweets to PM Modi to help her exchange banned old notes

The woman's letter was marked to both PM Modi and to External Affairs Minister Sushma Swaraj.

May 3, 2017

PM Modi's demonetisation lifts life insurance premium collection to a 9-year high

Individual new business for private insurers grew 26 percent, while state-run LIC reported 16 percent growth in 2016-17.

Apr 19, 2017

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Second phase of 'operation clean money' launched; 60,000 people under I-T dept's scanner

The Central Board of Direct Taxes, the I-T department's policy-making body, said it has detected over Rs. 9,334 crore of undisclosed income between November 9, 2016 and February 28, 2017.

Apr 14, 2017

BSP supremo Mayawati appoints brother Anand Kumar as party's vice-president

In December 2016, the ED had found cash deposits of over Rs 104 crore in demonetised notes in BSP's bank account and Rs 1.43 crore were found in Kumar's account with United Bank of India in Delhi.