Modi Team Demonetisation
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World Moves To Study India's Notes Ban While Team Modi Looks Away
Prime Minister Narendra Modi's administration hasn't assessed the impact of one of history's most sweeping changes in currency policy. "No Madam," was the junior finance minister's reply to a lawmaker's question in parliament Dec. 14 on whether the government had studied the aftereffects of the move in November 2016 to invalidate almost all of the ...
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Notes Ban Zapped 86% Cash But Impact Was "Much Less": Arvind Subramanian
Former Chief Economic Advisor Arvind Subramanian said the autonomy of the Reserve Bank of India must be protected because the country will benefit by having strong institutions.
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Digital Push: Government To Reimburse Merchant Discount Rate For Transactions Upto Rs 2,000
Consumer and the merchant will not suffer any additional burden in the form of merchant discount rate (MDR), expected to give a boost to digital transactions.
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99% Of Banned 1000, 500 Rupee Notes Returned, Says RBI
Prime Minister Narendra Modi last year in a surprise move banned Rs 500 and Rs 1,000 notes to counter black money, with the high denomination notes losing their legal tender status from midnight of November 8.
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Still Counting, Says RBI Governor Urjit Patel, Questioned By MPs On Banned Notes
Reserve Bank of India Governor Urjit Patel today told a parliamentary panel that old notes deposited after demonetisation are still being counted by a special team working round the clock, with people getting no off-days except a Sunday, sources said today.
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After NDTV Report, Cooperative Banks, Post Offices Can Deposit Banned Notes For A Month With RBI
Cooperative banks have also been allowed to exchange old currency notes with the RBI, if they had collected these notes by November 14, the statement said.
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Team Nitish Kumar Warns PM Modi That Notes Ban Support Has Expiry Date
Bihar Chief Minister Nitish Kumar is clear that he's not about to yank the support extended unusually by him to Prime Minister Narendra Modi over his demonetization drive.
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Behind Notes Ban, Team Of 6 Worked Secretly At PM Narendra Modi's Home: Report
Prime Minister Narendra Modi handpicked a trusted bureaucrat, little known outside India's financial circles, to spearhead a radical move to abolish 86 percent of the country's cash overnight and take aim at the huge shadow economy.
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'Loot And Plunder? Congress Would Know': Union Minister On Dr Singh Jibe
Right after demonetization was announced, Arjun Ram Meghwal, the country's Junior Finance Minister, was spotted in line at an ATM in his constituency in Rajasthan. Speaking to NDTV, the minister admitted that he was not among the small team privy to Prime Minister Narendra Modi's plans to cancel 500 and 1,000-rupee notes, but proclaimed early evide...
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Motown's Demonetisation Hit Shows Up In November Auto Sales
The government's demonetisation programme has had a very negative impact on the sales of automobiles in November, 2016. Society of Indian Automobile Manufacturers (SIAM) is calling it a temporary disruption in an otherwise healthy industry, and hopes it passes quickly. But the impact could be deeper than it wishes.
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Accountability Should Be Fixed For Chaotic Situation: Shatrughan Sinha
BJP lawmaker Shatrughan Sinha today termed the situation following demonetisation as "chaotic" and demanded that accountability should be fixed as Prime Minister Narendra Modi has been let down by his team members.
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Scrapping Rs 500, Rs 1,000 Notes A Bold Decision: Black Money Investigation Team
The Special Investigation Team (SIT) on black money on Tuesday called Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight a "bold" step, saying this would help in curbing the menace of stash funds.
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World Moves To Study India's Notes Ban While Team Modi Looks Away
Prime Minister Narendra Modi's administration hasn't assessed the impact of one of history's most sweeping changes in currency policy. "No Madam," was the junior finance minister's reply to a lawmaker's question in parliament Dec. 14 on whether the government had studied the aftereffects of the move in November 2016 to invalidate almost all of the ...
-
Notes Ban Zapped 86% Cash But Impact Was "Much Less": Arvind Subramanian
Former Chief Economic Advisor Arvind Subramanian said the autonomy of the Reserve Bank of India must be protected because the country will benefit by having strong institutions.
-
Digital Push: Government To Reimburse Merchant Discount Rate For Transactions Upto Rs 2,000
Consumer and the merchant will not suffer any additional burden in the form of merchant discount rate (MDR), expected to give a boost to digital transactions.
-
99% Of Banned 1000, 500 Rupee Notes Returned, Says RBI
Prime Minister Narendra Modi last year in a surprise move banned Rs 500 and Rs 1,000 notes to counter black money, with the high denomination notes losing their legal tender status from midnight of November 8.
-
Still Counting, Says RBI Governor Urjit Patel, Questioned By MPs On Banned Notes
Reserve Bank of India Governor Urjit Patel today told a parliamentary panel that old notes deposited after demonetisation are still being counted by a special team working round the clock, with people getting no off-days except a Sunday, sources said today.
-
After NDTV Report, Cooperative Banks, Post Offices Can Deposit Banned Notes For A Month With RBI
Cooperative banks have also been allowed to exchange old currency notes with the RBI, if they had collected these notes by November 14, the statement said.
-
Team Nitish Kumar Warns PM Modi That Notes Ban Support Has Expiry Date
Bihar Chief Minister Nitish Kumar is clear that he's not about to yank the support extended unusually by him to Prime Minister Narendra Modi over his demonetization drive.
-
Behind Notes Ban, Team Of 6 Worked Secretly At PM Narendra Modi's Home: Report
Prime Minister Narendra Modi handpicked a trusted bureaucrat, little known outside India's financial circles, to spearhead a radical move to abolish 86 percent of the country's cash overnight and take aim at the huge shadow economy.
-
'Loot And Plunder? Congress Would Know': Union Minister On Dr Singh Jibe
Right after demonetization was announced, Arjun Ram Meghwal, the country's Junior Finance Minister, was spotted in line at an ATM in his constituency in Rajasthan. Speaking to NDTV, the minister admitted that he was not among the small team privy to Prime Minister Narendra Modi's plans to cancel 500 and 1,000-rupee notes, but proclaimed early evide...
-
Motown's Demonetisation Hit Shows Up In November Auto Sales
The government's demonetisation programme has had a very negative impact on the sales of automobiles in November, 2016. Society of Indian Automobile Manufacturers (SIAM) is calling it a temporary disruption in an otherwise healthy industry, and hopes it passes quickly. But the impact could be deeper than it wishes.
-
Accountability Should Be Fixed For Chaotic Situation: Shatrughan Sinha
BJP lawmaker Shatrughan Sinha today termed the situation following demonetisation as "chaotic" and demanded that accountability should be fixed as Prime Minister Narendra Modi has been let down by his team members.
-
Scrapping Rs 500, Rs 1,000 Notes A Bold Decision: Black Money Investigation Team
The Special Investigation Team (SIT) on black money on Tuesday called Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight a "bold" step, saying this would help in curbing the menace of stash funds.
