Remonetisation
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"PM Modi Demonetised India, We'll Remonetise It": Rahul Gandhi On NYAY Scheme
Congress president Rahul Gandhi today said that his party's election promise of a minimum income guarantee scheme for the poor is aimed at fixing the "damage" caused by the Narendra Modi government to the country's economy through ill-considered initiatives such as demonetisation and the Goods and Services Tax (GST).
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Rs 2,000 Note Printing Scaled Down To Minimum By RBI: Report
The printing of Rs. 2,000 notes, which debuted after Prime Minister Narendra Modi's shock demonetisation move in 2016, has been reduced to the "minimum" by the Reserve Bank of India (RBI), a top finance ministry official said today amid reports that it is being phased out.
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Rs 200 Notes Notified, Likely To Be Introduced Soon
Experts say Rs. 200 notes will significantly ease transactions.
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Around 83% Currency Remonetised So Far: RBI
"According to our latest data, 82.67 per cent of the currency has been remonetised and in volume terms, it is 108 per cent," RBI deputy governor BP Kanungo said.
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Remonetising India: Only Rs 1.15 Trillion More In Cash Needed Says SBI Study
Going by the average pace of printing, the remonetisation process could be completed in the first fortnight of April, an SBI report found, adding that there was excess cash floating in the system before demonetisation took place.
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Why Note Conversion Not Allowed Till March 31? RBI Refuses Answer
The central bank refused to share noting on the decision to limit currency conversion window till March 31 only for NRIs saying it would be against the economic interests of the state.
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Parliamentary Panel To Summon RBI Governor Urjit Patel: Report
The panel wants to know from the RBI governor as well as the finance ministry officials the number of junked currency that was deposited in bank accounts post November 8, 2016 decision to demonetise higher denomination notes.
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12 Lakh New Notes Infused In Market Since Remonetisation: Arun Jaitley
The RBI has informed that till February 24, a total of 11,64,100 new currency notes are in circulation in the market, Arun Jaitley said in the Lok Sabha.
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12 Lakh New Notes Infused In The Market Since Remonetisation: Finance Minister Arun Jaitley
Around 12 lakh new currency notes have been infused into the market by the Reserve Bank of India ever since the remonetisation process has started, Finance Minister Arun Jaitley said today.
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Digital Payments Take Back Seat On Improved Cash Situation
As per the latest data of the Reserve Bank, as many as 9,575 lakh transactions were made through various digital modes, like credit/debit cards, UPI, USSD, and mobile banking in December last year, the second month of demonetisation effected on November 9.
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Demonetisation To Cut Tax Avoidance, Corruption; Credit Positive: Moody's
The US-based agency however projected growth to slow to 6.4 per cent in the January-March quarter, from 7 per cent in the previous three months.
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Remonetisation Process Almost Complete: Arun Jaitley
"As far as remonetisation is concerned, the situation is almost normal and RBI is monitoring the currency supply position on daily basis," he said.
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Rs 6.78 Lakh Crore Remonetised, Rs 9.1 Lakh Crore In Circulation:Government
While, 59,668.97 million pieces of circulating coins of all denominations were minted and lifted by RBI during 2008 to November 8, 2016.
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RBI's Admirable Role Saved Rupee From Becoming Unstable: NITI Aayog
"Those who have been critical of demonetisation don't understand what a gigantic task it was to remonetise the economy," NITI Aayog Vice Chairman Arvind Panagariya said.
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Remonetisation Nearly Complete, Says Shaktikanta Das
Das said the remonetisation process has reached near completion in less than 90 days of announcement of the demonetisation by the Prime Minister on November 8.
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"PM Modi Demonetised India, We'll Remonetise It": Rahul Gandhi On NYAY Scheme
Congress president Rahul Gandhi today said that his party's election promise of a minimum income guarantee scheme for the poor is aimed at fixing the "damage" caused by the Narendra Modi government to the country's economy through ill-considered initiatives such as demonetisation and the Goods and Services Tax (GST).
-
Rs 2,000 Note Printing Scaled Down To Minimum By RBI: Report
The printing of Rs. 2,000 notes, which debuted after Prime Minister Narendra Modi's shock demonetisation move in 2016, has been reduced to the "minimum" by the Reserve Bank of India (RBI), a top finance ministry official said today amid reports that it is being phased out.
-
Rs 200 Notes Notified, Likely To Be Introduced Soon
Experts say Rs. 200 notes will significantly ease transactions.
-
Around 83% Currency Remonetised So Far: RBI
"According to our latest data, 82.67 per cent of the currency has been remonetised and in volume terms, it is 108 per cent," RBI deputy governor BP Kanungo said.
-
Remonetising India: Only Rs 1.15 Trillion More In Cash Needed Says SBI Study
Going by the average pace of printing, the remonetisation process could be completed in the first fortnight of April, an SBI report found, adding that there was excess cash floating in the system before demonetisation took place.
-
Why Note Conversion Not Allowed Till March 31? RBI Refuses Answer
The central bank refused to share noting on the decision to limit currency conversion window till March 31 only for NRIs saying it would be against the economic interests of the state.
-
Parliamentary Panel To Summon RBI Governor Urjit Patel: Report
The panel wants to know from the RBI governor as well as the finance ministry officials the number of junked currency that was deposited in bank accounts post November 8, 2016 decision to demonetise higher denomination notes.
-
12 Lakh New Notes Infused In Market Since Remonetisation: Arun Jaitley
The RBI has informed that till February 24, a total of 11,64,100 new currency notes are in circulation in the market, Arun Jaitley said in the Lok Sabha.
-
12 Lakh New Notes Infused In The Market Since Remonetisation: Finance Minister Arun Jaitley
Around 12 lakh new currency notes have been infused into the market by the Reserve Bank of India ever since the remonetisation process has started, Finance Minister Arun Jaitley said today.
-
Digital Payments Take Back Seat On Improved Cash Situation
As per the latest data of the Reserve Bank, as many as 9,575 lakh transactions were made through various digital modes, like credit/debit cards, UPI, USSD, and mobile banking in December last year, the second month of demonetisation effected on November 9.
-
Demonetisation To Cut Tax Avoidance, Corruption; Credit Positive: Moody's
The US-based agency however projected growth to slow to 6.4 per cent in the January-March quarter, from 7 per cent in the previous three months.
-
Remonetisation Process Almost Complete: Arun Jaitley
"As far as remonetisation is concerned, the situation is almost normal and RBI is monitoring the currency supply position on daily basis," he said.
-
Rs 6.78 Lakh Crore Remonetised, Rs 9.1 Lakh Crore In Circulation:Government
While, 59,668.97 million pieces of circulating coins of all denominations were minted and lifted by RBI during 2008 to November 8, 2016.
-
RBI's Admirable Role Saved Rupee From Becoming Unstable: NITI Aayog
"Those who have been critical of demonetisation don't understand what a gigantic task it was to remonetise the economy," NITI Aayog Vice Chairman Arvind Panagariya said.
-
Remonetisation Nearly Complete, Says Shaktikanta Das
Das said the remonetisation process has reached near completion in less than 90 days of announcement of the demonetisation by the Prime Minister on November 8.
