Shahdol (Madhya Pradesh): Stepping up his attack on the Congress and the Gandhi family, Prime Minister Narendra Modi on Friday said the Gandhis are crying even two years after demonetisation as they have “lost” ill-gotten money. “These days people are discussing development. People are discussing how in 55 years the[Read More…]
Tag: Demonetization
RBI’s credibility, reputation could be irretrievably damaged: Chidambaram
Kolkata: Assailing the Narendra Modi government for making efforts to “capture” the RBI, Congress leader and former Union finance minister P Chidambaram on Thursday said the chain of events could “irretrievably damage” the credibility and reputation of the apex bank. Chidambarm alleged the Modi government demanded Rs 1 lakh crore[Read More…]
New violet-coloured Rs 100 note to arrive soon
The Reserve Bank of India (RBI) is likely to come up with a new 100 Rupee note by the end of August. The new note is presumed to be violet-coloured, light-weighed, smaller than the previous version, bearing the impression of Gujrat’s historic Rani ki Vav (stepwell). The arrival of the[Read More…]
Ghost of demonetization haunts Government, RBI: Chidambaram
New Delhi: Former Finance Minister P. Chidambaram on Wednesday attacked the government and the RBI over the acute cash crunch in the country and said the ghost of demonetization has come back to haunt them. He also needled the government on the recent bank scams, saying people appeared to have lost[Read More…]
Scare of Gujarat defeat led to GST slash, Shiv Sena attacks BJP
Last week’s decision of the GST Council to slash the Goods Services Tax on over 200 items was prompted by the “scare of defeat looming large” on the ruling Bharatiya Janata Party (BJP) in the Gujarat Assembly elections, its key ally Shiv Sena said here on Monday. The BJP, which[Read More…]
Rahul Gandhi addresses Berkeley students: From 1984 riots to China threat; key takeaways
Congress vice-president, Rahul Gandhi raised a number of issues and came down heavily on the Narendra Modi government at UC Berkeley in the US. He has addressed students of the prestigious University of California, Berkeley on ‘India at 70: Reflections on the Path Forward.’ The Congress VP offered his thoughts[Read More…]
Man receives misprinted Rs 500 notes from an ATM in Madhya Pradesh
An ATM at a village in Khargone, Madhya Pradesh dispensed two new Rs500 denomination with one blank side. Although the bank officials said the misprinted notes were received as such from the Reserve Bank of India. “We have changed these ‘misprinted’ currency notes after the consumer’s complaint. We are now[Read More…]
Advance GDP to ignore crucial impact of demonetization: HDFC report
According to a recent report released by the economists of the HDFC bank, GDP growth for the year 2017 to be close to 6.7% yr. However, there was a structural break caused by demonetization although there it will have no impact in the upcoming GDP. The new advance estimation might[Read More…]
Deposits of old notes over ₹5,000 can be made only once till Dec 30: Report
Ever since the demonetization move was announced by the government on November 8, the government is keep announcing new rules and restriction almost every day. And now, as just couples of weeks are left for the deadline to deposit the old notes, the government has announced fresh restrictions on deposits[Read More…]