Demonetisation | The Asian Age

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Nobel Prize-winning economist Richard Thaler has said that he finds the demonetisation rollout "deeply flawed" and the introduction of Rs 2,000 notes "puzzling". (Photo: AFP)

Note ban rollout 'deeply flawed', launch of Rs 2,000 notes 'puzzling': Thaler

Nobel Prize-winning economist Richard Thaler's response comes as a reply to his student Swaraj Kumar.

20 Nov 2017 9:05 AM

Touching upon the issue of corruption, Chidambaram said the main reasons for major graft 'are greed as against the need for funding elections'. (Photo: File/PTI)

BJP Govt also to suffer same fate as UPA 2, Chidambaram warns

The former finance minister also claimed that demonetisation was a 'dismal' failure as far as curbing fake currency was concerned.

19 Nov 2017 1:10 PM

The Moody’s upgrade which is predicated on the several economic and institutional reforms introduced by the Modi government should not lead to complacency as the realities on the ground are quite different.

Joy over Moody’s ratings unwise

A huge chunk of foreign investment that comes in does so as portfolio investment and goes into speculation in the stock market.

19 Nov 2017 5:12 AM

Addressing the media at the national capital Jaitley said a number of structural reforms that have taken place in these years have put India on a high trajectory growth curve. (Photo: AP/File)

After Moody's upgrade, doubters should introspect: Jaitley

US-based Moody's on Friday upgraded India's sovereign credit rating by a notch to 'Baa2' with a stable outlook.

17 Nov 2017 1:46 PM

Former Prime Minister Indira Gandhi (Photo: PTI)

Indira’s rise & fall: A lesson for our times

The truth is somewhere in between, and despite her fallibilities, Indira made some lasting contributions to nation-building.

17 Nov 2017 12:27 AM

Finance Minister Arun Jaitley. (Photo: PTI)

Three key reforms have improved transparency: Jaitley

Recapitalisation will help to redress twin balance sheet problem and revive private investment.

16 Nov 2017 5:03 PM

Tughlaq also implemented note ban, says Yashwant Sinha

Sinha at a function here claimed that demonetisation had hit the economy to the tune of Rs 3.75 lakh crore.

16 Nov 2017 5:23 AM

The Income Tax Department will soon issue notices to those who have deposited "suspicious" amounts of money in banks post-demonetisation and have not responded to taxman's preliminary communication. (Photo: PTI)

CBDT to issue notices to 'suspicious' cash depositors

The people who have filed their returns will be examined against the amounts they have deposited during the period of note ban.

14 Nov 2017 9:10 PM

The Dun & Bradstreet business optimism index fell 4.1 per cent to 76.7 for the December quarter when compared to the same period last year. (Representational image)

Lingering effects led to optimism dip

It was observed that four out of the six optimism indices declined as compared to same quarter last year.

14 Nov 2017 2:25 AM

Prime Minister Narendra Modi (Photo: AP)

In Manila, PM Modi slams Congress over its governance record

The PM said India had always contributed to world peace.

14 Nov 2017 1:20 AM

Former Union Minister and BJP national spokesperson Shahnawaz Hussain.

To Gujaratis, PM Modi is ‘apna Narendrabhai’

Gujarat and its people know that the BJP is the only party which has taken the state on the development path.

13 Nov 2017 2:09 AM

The Bible has diverse views on prosperity and poverty. Many wealthy evangelists preach a so-called “gospel of prosperity” claiming that riches indicate God’s favour towards the virtuous.

Mystic Mantra: Divine demonetisation

The Bible severely critiques those who make money by cheating the poor.

13 Nov 2017 12:29 AM

An 11-old-month baby boy received his first birthday gift—a cheque of Rs 10,000—from former chief minister Akhilesh Yadav.

Born in ATM queue, baby gets birthday gift from Akhilesh Yadav

The money, for Khazanchi’s family could not have come at a better time since his eldest sister Priti is suffering from tuberculosis.

12 Nov 2017 1:15 AM

Prime Minister Narendra Modi (Photo: PTI)

Dilli Ka Babu: Budget team in place

The Budget is likely to be presented on February 1, 2018 by finance minister Arun Jaitley.

12 Nov 2017 12:05 AM

Veteran BJP leader Yashwant Sinha also charged the BJP with resorting to lies on note ban and the new tax regime. (Photo: PTI | File)

Jaitley messed up GST; Modi must appoint new FM: Yashwant Sinha

Yashwant Sinha said demonetisation has not achieved its goal of flushing black money out of the system.

11 Nov 2017 2:47 PM

Over Rs 87 crore suspect cash, 2,600 kg of gold and other precious metals were intercepted by the Central Industrial Security Force at airports in a year since demonetisation. (Photo: PTI/Representational)

DeMon turns 1: Rs 87 cr cash, 2600 kg gold, silver located at airports

The maximum suspect cash detection has been made at Mumbai airport, the highest volume of gold has been interdicted at Delhi's IGI airport.

10 Nov 2017 10:58 AM

End morality play, it’s a misfit in eco policy

Corruption is patently immoral as it saps national wealth. Measures to fight corruption are part of public dharma.

10 Nov 2017 12:37 AM

'The ill-effects of unplanned demonetisation is going to hit the common man, industries and economy for two more years,' RTI activist Manoranjan Roy said. (Photo: File | Representational)

Note ban anniversary: Mumbaikars say initial hardships make way for long-term gains

Residents maintained that initial enthusiasm for digital mode of payments has died down and cash transactions are finding currency again.

09 Nov 2017 5:02 PM

Prime Minister Narendra Modi withdrew Rs 500 and Rs 1,000 notes from circulation on November 8 in 2016. (Photo: AFP)

India touts bank note ban, opposition fumes and Nepal short-changed

The pain from demonetisation is also being felt in Nepal, where thousands of migrant workers still have old currency notes.

09 Nov 2017 8:58 AM

Long-term pain or gain?

One year after demonetisation, the Indian economy is still hurting.

09 Nov 2017 6:29 AM

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Anita Katyal