Demonetisation | The Asian Age

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Congress president Rahul Gandhi addresses a press conference in New Delhi on Thursday. (Photo: PTI)

Rahul Gandhi attacks PM Modi for ‘lying on demonetisation’

The Congress president also reiterated his demand for a Joint Parliamentary Committee on the Rafale deal.

31 Aug 2018 1:31 AM

Minutes after Congress President Rahul Gandhi launched a no-holds-barred attack on PM Modi for allegedly helping only '15-20 crony capitalist friends', Arun Jaitley took to Twitter and said any diversionary tactic will not wipe out the falsehood of the opposition leader. (Photo: File)

Jaitley hits back at Rahul, says Rafale deal under BJP 20 pc cheaper than UPA's

On Rahul's assertion that demonetisation was done to help Modi's 'crony capitalist friends', Jaitley said, 'Little knowledge is dangerous'.

30 Aug 2018 8:14 PM

Finance Minister Arun Jaitley on Thursday said the demonetisation of Rs 500/1,000 notes led to formalisation of economy, more tax collection and higher growth. (Photo: AFP)

Demonetisation led to more tax collection, higher growth: Jaitley

Was the invalidation of the non-deposited currency the only object of demonetisation? Certainly not, Jaitley said in a blog.

30 Aug 2018 6:19 PM

Congress president Rahul Gandhi attacks Prime Minister Narendra Modi on issues like demonetisation and Rafale fighter jet deal. (Photo: Screengrab | ANI)

Note ban wasn't mistake, but done to destroy poor: Rahul slams PM Modi

PM's decision to demonetise cash in circulation was a move to help crony capitalists convert their black money into white.

30 Aug 2018 5:52 PM

Interestingly, compared with the previous year, there was an increase of 35 per cent in counterfeit notes detected in the denomination of Rs 100.

Demonetisation – all pain and no gain

RBI in its annual report for 2017-18 said counting the demonetised notes is over.

30 Aug 2018 9:47 AM

Where is the blackmoney: Bengal CM Banerjee asks Centre

In a post on Facebook, she said she now wanted to know where the blackmoney has gone?

30 Aug 2018 6:46 AM

Finance Minister Arun Jaitley (Photo: PTI)

Jaitley returns as FM to cement his legacy

A rationalisation of the rupee exchange rate in end July and August made exports and domestic products competitive.

30 Aug 2018 12:17 AM

The government on Wednesday said demonetisation of high-value currency notes in November 2016 achieved the objectives "quite substantially", even as the RBI report outlined that 99.3 per cent of junked notes came back to banks. (Photo: PTI)

Demonetisation achieved its objectives quite substantially: Fin Min

Now there is no shortage of currency in any part of the country.

29 Aug 2018 6:26 PM

Chidambaram asserted that the under former Prime Minister Manmohan Singh, the Indian economy was 'more competent'. (Photo: File)

Not a single economist in the world praised demonetisation: P Chidambaram

Besides demonetisation, Chidambaram also raised questions over the Ayushman Bharat scheme.

29 Aug 2018 7:52 AM

Vice-President Venkaiah Naidu (Photo: File/AP)

Forming new laws not enough to bring change, says Venkaiah Naidu

Naidu said he hoped the Income Tax Department and the RBI would now “quickly” do their investigations in this context.

28 Aug 2018 2:00 AM

Modi’s worries are accentuated by the fact that on the issue of corruption, almost two-thirds of the people surveyed were of the view that the government is corrupt, and that demonetisation has boomeranged. (Photo: PTI)

Opposition yet to offer an alternative vision

Significantly, the polls mention “economic anxieties” as the principal cause for people’s sentiments turning against the government and the BJP.

24 Aug 2018 5:46 AM

Country's largest lender State Bank Of India (SBI) is yet to recalibrate 18,135 automated teller machines (ATMs) even after 21 months of demonetisation, an RTI query has revealed.

State Bank of India yet to recalibrate 18,135 ATMs for new notes: RTI

The recalibration is a process, in which the cassettes in the ATMs that hold cash are modified to suit the size of the currency.

23 Aug 2018 7:35 PM

West Bengal Chief Minister Mamata Banerjee (Photo: File)

DeMo, GST have landed small biz in a mess: Mamata Banerjee

Mamata took an indirect dig at the Modi govt saying that people often talk of and take credit for economic growth, but jobless growth has no meaning.

21 Aug 2018 4:50 AM

The average growth rate under the UPA-1 government was 8.87 per cent, during which it also cloaked double digit growth rate of 10.08 per cent in 2006-07 and under the UPA-2 dispensation, it was 7.39 per cent, he said, citing data on gross domestic product (GDP) released by the Statistics Ministry. (Photo: File)

Congress led best decade for growth since Independence: P Chidambaram

Chidambaram said that 'three finance ministers are handling the economy at present - a de-facto, a de-jure and an invisible one'.

19 Aug 2018 7:42 PM

MSME exports were hit more by issues related to GST implementation than demonetisation, according to a report released on Friday.

MSMEs export hit more by GST issues than note ban: report

The growth in credit to MSMEs has recovered since the lows of late 2017 to reach the mid-2015 level.

17 Aug 2018 6:43 PM

India's digital payments industry, which is currently worth around USD 200 billion, is expected to grow five-fold to reach USD 1 trillion by 2023. (Photo: PTI)

5 tech strong companies disrupting the payments space in India

The payments segment has been the most funded within the Indian fintech landscape, riding on the wave of demonetisation.

13 Aug 2018 1:42 PM

The government on Friday said that there is no proposal to withdraw Rs 2,000 denomination note. (Photo: PTI)

No proposal to withdraw Rs 2,000 notes from circulation, says govt

RBI introduced Rs 2,000 notes following demonetisation of high value Rs 500 and Rs 1,000 notes in November 2016.

10 Aug 2018 5:24 PM

As many as 2.09 lakh 'non-filers' filed income tax returns in last fiscal and paid taxes worth Rs 6,416 crore, Minister of State for Finance Shiv Pratap Shukla said on Tuesday.

Over 2 lakh non-filers filed IT returns in FY'18, paid Rs 6,416 cr tax

Collection of personal advance tax and personal self-assessment tax grew 23.4 per cent and 29.9 per cent respectively.

07 Aug 2018 6:01 PM

Slamming the government's economic measures like demonetisation and Goods and Service Tax in its four years and two months of existence, he said 'we are now worried what will happen in the next eight months.' (Photo: PTI)

Centre 'incompetent' in terms of economic management: P Chidambaram

P Chidambaram alleged that there has been a dip in country's growth rate over the years due to lesser investment and lower lending by banks.

30 Jul 2018 8:33 AM

Finance Minister Piyush Goyal (Photo: File)

Revise GST in one go

The rationale behind this tweaking isn’t clear, though some say it was done to woo urban and rural voters ahead of the forthcoming elections.

23 Jul 2018 12:02 AM

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Sunil Gatade