Demonetisation | The Asian Age

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Defence Minister Arun Jaitley said the country faced two serious threats – one in Jammu & Kashmir and second being problem of Left-Wing Extremism in central India. (Photo: PTI)

J&K terrorists under pressure post NIA crackdown, notes ban: Jaitley

Jaitley, however, refrained from making any comment on the standoff between India and China in Doklam.

13 Aug 2017 7:44 PM

Construction sector is major contributor to GDP growth. (Photo: PTI)

Eco Survey: Why 6.75-7.5 pc GDP growth is difficult

Farm loan waivers, tougher monetary policy, GST rollout may leave cascading effect on overall economy.

12 Aug 2017 4:28 PM

‘Unusual’ cash deposits totalling Rs 1.6-1.7 trillion were made during the demonetisation period, says an RBI research paper. Photo: PTI

'Unusual' cash deposit of Rs 1.7 trillion made during demonetisation: RBI

According to an RBI paper, aggregate deposits grew by 14.5 per cent (y-o-y) between November 11 and December 30, 2016.

12 Aug 2017 12:47 PM

The implementation of GST and increased surveillance post demonetisation will help increase the tax-GDP ratio to 11.9 per cent by 2019-20, said the government. (Representational Image)

GST, surveillance post note ban to fuel growth of tax-GDP ratio

The government has budgeted for over Rs 19.06 lakh crore from taxes in 2017.

10 Aug 2017 5:11 PM

Direct tax collections jumped 19 per cent in the first four months of 2017.

Direct tax collection jumps 19 per cent in Apr-June to Rs 1.90 lakh crore

The collection, net of refunds, was 19.5 per cent of the total Budget Estimate of direct taxes for 2017-18.

09 Aug 2017 8:28 PM

Congress leader Kapil Sibal showing photocopies of the two kinds of Rs 500 notes in the Rajya Sabha in New Delhi. (Photo: PTI)

Rajya Sabha din on ‘2 types’ of Rs 500, Rs 2,000 notes

The Congress claimed never before has the “credibility of the currency in circulation been challenged like this as today”.

09 Aug 2017 2:16 AM

New Rs 2,000 currenc notes were introduced after old Rs 1,000 notes were scrapped. (Photo: Representational image).

Gujarat tops list of states where fake currency notes were recovered

NCRB data reveal fake currency bills worth Rs 2.55 crore were seized from Nov 9, 2016-July 14, 2017.

08 Aug 2017 6:35 PM

Kapil Sibal said different sizes of these notes were being printed – 'one for the ruling party (members) and one for the others'. (Photo: RSTV screengrab)

Biggest scam of century: Cong questions 2 sizes of Rs 500, 2000 notes

Deputy Chairman P J Kurien said even if there are two types of notes, it cannot be a point of order.

08 Aug 2017 2:11 PM

Sources said that as of now there is no clarity on the report on scrapped currency notes, but it is amply clear that the standing committee, lead by Congress MP M. Veerappa Moily, will not be able to submit it by August 11. (Photo: PTI)

Panel report on old notes caught in delays

Govt’s inability to provide data hits August11 deadline.

08 Aug 2017 6:35 AM

ITRs filed showed that substantial number of new tax payers have been brought into the tax net subsequent to demonetisation.

Demonetisation effect: ITR filings for 2016-17 grow by 25 per cent

The effect of demonetisation is also clearly visible in the growth in direct tax collections, the tax department said.

07 Aug 2017 6:48 PM

BJP leader Sushil Kumar Modi (Photo: AP)

‘Mahagathbandhan collapsed due to Lalu’s ego... don’t blame BJP’

Kumar was always comfortable with the BJP, he was with us for 17 years and that was the best period of his political career, says Modi.

06 Aug 2017 12:54 AM

The Nikkei/IHS Markit PMI unexpectedly fell to 47.9 in July from 50.9 a month earlier, its lowest mark since February 2009.

India Inc’s output pace dips to 9-year low in July

GST concerns cited as primary reason for dip: Study.

02 Aug 2017 3:44 AM

Over 200 market participants were confident of India's stable economic growth prospects.

India to grow 6.5-7.5 per cent over 12-18 months: Moody's

The view is in keeping with signs of economic recovery after short-term negative impact of demonetisation.

31 Jul 2017 12:15 PM

Value-wise, from Rs 3,81,760 crore in January 2017, these witnessed a 21 per cent fall in April 2017, when the figures read as Rs 3,01,650 crore.

Digital transactions dip by 21 per cent in Jan-April 2017

People gradually moving back to regular cash dealings.

31 Jul 2017 2:08 AM

The commission charged by the men is usually between 5 per cent to 10 per cent which is a small amount.

How note ban wiped out a livelihood

Many small shops exchanging soiled notes forced to shut down.

30 Jul 2017 2:07 AM

The scheme was launched on June 30. Explaining the reasons behind the poor response, the DDA’s principal commissioner (land disposal and housing), JP Agrawal, said that demonetisation is one of the reasons.

Demonetisation shadow looms over DDA scheme

Meagre applications also cause of rate corrections in realty sector.

29 Jul 2017 3:08 AM

Reports suggest that RBI has stopped the printing of Rs 2,000 notes that were introduced post demonetisation in 2016.

Find Rs 200 notes in your wallet by August, RBI stops printing Rs 2000 notes

Reports suggest supply of Rs 2,000 notes from the RBI had been declining as it finds few takers.

26 Jul 2017 12:42 PM

Finance Minister Arun Jaitley (Photo: PTI)

RBI verifying numerical accuracy of old notes: Jaitley

Central bank has been entrusted with job of counting old notes deposited post cash recall.

25 Jul 2017 6:50 PM

Inventory pile-up and an increase in inflation in select service sector categories could be the immediate fall out due to the implementation of GST. (Representational Image)

Business confidence dips 13 per cent over GST confusion

The survey also noted that weak demand conditions continue to weigh on business confidence.

25 Jul 2017 2:56 AM

Introduction of Rs 200 note will fill in the "missing middle" , said a report by SBI. (The Veracity of this Rs 200 note is still to be ascertained. Photo: Twitter)

Introduction of Rs 200 notes will fill 'missing middle': SBI report

RBI is reportedly expected to introduce Rs 200 notes in coming months to ease pressure on lower-denomination currencies.

23 Jul 2017 4:54 PM

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K.C. Singh