Free Press Journal
  • demonetisation atm

    Woman gives birth to a boy in ATM queue during demonetisation, her family to launch SP’s cycle yatra

    Lucknow: Keen to score a political point, Uttar Pradesh’s opposition Samajwadi Party has chosen the family of two-year-old Khajanchi, who was born outside an ATM shortly after the Centre’s demonetisation move, to flag-off its over 40-km ‘Haq aur Samman Yatra’ being carried out in the run-up to the 2019 Lok Sabha polls. And the family of another tiny-tot, Akhilesh, who was born on a state highway last year, will mark the closing of the

  • New currency unfriendly for visually-impaired citizens

    Mumbai: Despite meeting Reserve Bank of India (RBI) officials and writing to the central government, the visually impaired still feel unheard. After repeated reminders and mails, the authorities have not been able to make the new currency— Rs 2,000, Rs 500 and Rs 200— friendly for the visually-impaired.

  • BJP will get ‘demonetisation-like’ jolt in 2019 Lok Sabha elections: Shiv Sena

    Mumbai: The Shiv Sena on Thursday predicted that the Bharatiya Janata Party (BJP) will get a ‘demonetisation-like’ shock in the 2019 Lok Sabha elections. It said that winds of changed in favour of the opposition alliance were blowing in almost all the states and that people had “made up their minds since one-and-half years” to give a big jolt to the BJP.

  • Hyderabad firm with ghost address deposits Rs 3,178 cr

    Mumbai : Serious Fraud Investigation Office (SFIO) is probing a company that deposited and withdrew Rs 3,178 crore in the banks after the demonetisation and has ghost registered address at Erragadda in Hyderabad.

  • demonetisation, IAF aircraft, demo currentcy, IAF, ultra modern transport aircraft, RTI

    Demonetisation: IAF aircraft deployed new demo currency

    New Delhi: Over Rs 29.41 crore was spent on use of the IAF ultra-modern transport aircraft — the C-17 and the C-130J Super Hercules — to ferry newly-issued Rs 2,000 and Rs 500 currency notes post-demonetisation, according to an RTI reply. The move to scrap the old Rs 500 and Rs 1,000 notes was announced by Prime Minister Narendra Modi on November 8, 2016, and saw 86 per cent of the currency

  • ‘Kala dhan’ became ‘jan dhan’ post demonetisation: MoS Finance Shiv Pratap Shukla

    Mumbai:  Union minister of state for finance Shiv Pratap Shukla on Friday said that after demonetisation, black money was converted into public money. He said, “The money that was lying in peoples’ lockers which was not being used, was then deposited into banks. It then came in use for the nation, thus became ‘jan dhan’. The ‘kala dhan’ which became ‘jan dhan’ is now being used for development of the country.” He

  • Ease of making payments seems to be distant dream for consumers

    Mumbai : The Reserve Bank of India’s (RBI) move to bring in a single-factor authentication for transactions below Rs 2,000 seems to be a distant dream as most banks are reluctant to allow such transactions as they risks in them.

  • Trying to drive the ‘good governance’ cart

    The unveiling of the ‘saaf niyat, sahi vikas’ theme to define the commemoration of the fourth year of its administration, is calculated to raise another — and by now familiar — storm of controversy for the Narendra Modi government.

  • IMF expects India to grow at 7.4 per cent in Financial year 2019

    Washington/New Delhi: The Indian economy is expected to grow at 7.4 per cent in the current fiscal and accelerate further to 7.8 per cent as it recovers from the impact of demonetisation and GST roll out, IMF said today. Asia continues to be the main engine of the world’s economy, accounting for more than 60 per cent of global growth – three-quarters of which comes from China and India alone, as per

  • mumbai, mumbai central station, woman attempts suicide, suicide, suicide attempt, GST, Demonetisation

    Woman attempts suicide at Mumbai Central station, blames Demonetisation and GST

    Mumbai: Even as the union government claims that the problems caused by demonetisation and Goods and Services Tax (GST) have been fully resolved, the impact of these two financial decisions still continues to horrify citizens. One such instance was witnessed at Mumbai Central railway station on Monday when a woman attempted to commit suicide there while blaming demonetisation and GST. The lady was, however, saved by a Government Railway Police (GRP) officer.

  • Indore: Cash crunch continues, supply from RBI likely on April 21

    Indore: The wedding season is in full swing but people are finding it difficult to make payments due to cash crunch prevailing in the city. On Thursday too, banks did not receive fresh currency notes from Reserve Bank of India. As a result, the banks put money in ATMs after whatever cash they received from customers.