Free Press Journal
  • Rs15 crore bank deposits made post note ban declared benami

    New Delhi : Cash deposits of Rs 15.93 crore made in a Delhi bank post demonetisation have been held as ‘benami’ property by a special court even as the depositor and the beneficial owner of the stash are “untraceable”, reports PTI.

  • Demonetisation turned people into beggars: Shiv Sena

    Mumbai: Taking a dig at BJP leaders who called Prime Minister Narendra Modi ‘God’s gift to India’, ally Shiv Sena on Tuesday said citizens were god but the government had turned them into beggars after demonetisation. The Shiv Sena on Tuesday also drew a comparison between the British era and the Prime Minister Narendra Modi-led government stating that both had blind followers who believed their governance to be god’s blessing.

  • Cheque books next to be banned by Modi to digitise the economy?

    New Delhi: Not unduly perturbed by the chaotic and controversial demonetisation decision, which sought to digitise the economy, the Narendra Modi government is considering banning cheque books, now. If media reports are to be believed, the move has been spurred by the failure in achieving complete digitisation of the economy. Though digital transactions spiked soon after the ban on high value Rs 500 and Rs 1,000 notes, cash bounced back with a

  • mumbai, DP, DP 2034, DCR, Development Control Regulations, BMC, BMC permission

    Mumbai: City’s real estate sector impacted by GST, demonetisation, says report

    Mumbai: Implementation of the goods and services tax (GST) and the last year’s note-ban have not only created liquidity issues for the real estate sector but also impacted investment and development prospects of the cities, thereby pulling down their rankings, a report has said.

  • Narendra Modi government likely to get graft tag as UPA II: P Chidambaram

    Mumbai: Congress leader P Chidambaram has warned that as the Narendra Modi government inched closer to the end of its term, it might also be assailed by the same degree of corruption allegations which drowned the UPA-II. The former finance minister said the erstwhile Congress- led UPA-2 dispensation had acquired a reputation for “many many corrupt deeds” at the fag end of its tenure.

  • Central government has carried nanny-ism to the extreme: Shashi Tharoor

    Mumbai: Hitting out at the Centre over demonetisation, Congress MP Shashi Tharoor has said that telling the people that they cannot have access to the money in their accounts was “nanny-ism carried to an extreme”. The former Union minister, who was speaking at an event here on Thursday evening, also criticised the BJP-led government over the way GST was rolled out, although, he said, the concept of one nation one tax was

  • Congress raises questions over Moody’s reliability

    Pune: After U.S.-based International rating agency Moody’s Investors Service upgraded India’s sovereign rating to Baa2 from Baa3, the Congress party on Saturday raised questions over the reliability of the global credit rating agency who has conducted the surveys.

  • Bhopal: DeMO-hit people still have faith in PM: Giriraj Singh

    Bhopal: Admitting that demonetisation has caused distress to common people, Union minister Giriraj Singh, however, maintained that people have faith in Prime Minister Narendra Modi and his goals and policies.

  • Moody’s India upgrade Will continue reforms:FM

    New Delhi : Finance Minister Arun Jaitley on Friday termed Moody’s upgrading India’s sovereign rating after 13 years as “belated recognition” of reforms undertaken, saying that the reform agenda will continue with emphasis on higher spending on infrastructure and in rural areas.

  • Moody’s ratings upgrade after 13 years extremely encouraging: Arun Jaitley

    New Delhi: Finance Minister Arun Jaitley said on Friday that US credit rating agency Moody’s upgrading India’s sovereign rating was an extremely encouraging international recognition of the structural reforms undertaken by the government including demonetisation, Goods and Services Tax (GST) and recapitalization of public sector banks.

  • Moody’s upgrades India’s rating, says reforms will foster sustainable growth

    New Delhi: US-based Moody’s today upgradedIndia’s sovereign credit rating by a notch to ‘Baa2’ with a stable outlook citing improved growth prospects driven by economic and institutional reforms. The rating upgrade comes after a gap of 13 years -Moody’s had last upgraded India’s rating to ‘Baa3’ in 2004. In 2015, the rating outlook was changed to ‘positive’from ‘stable’. The ‘Baa3’ rating was the lowest investment grade — just a notch above ‘junk’

  • Indian government’s IT spending to hit USD 8.5 billion in 2018

    New Delhi: Picking up the pace after demonetisation and a drop in industrial production, IT spending in the Indian government sector is projected to reach $8.5 billion in 2018. This is an increase of 8.9 per cent from the 2017 estimated spending of $7.8 billion as software and IT services continue to exhibit strong growth along with spending on devices, Gartner said on Wednesday.

  • GST Chaos: Should Arun Jaitley step down as Finance Minister?

    November 8, 2016, and July 1, 2017, will forever be etched in history as the two most important dates in current Indian polity. The decision to implement demonetisation and Goods and Services Tax (GST) were taken on above mentioned dates and the jury is still out on whether either of the decisions paid off or not. Prime Minister Narendra Modi got a decisive mandate in 2014 to transform India

  • Bahujan Samaj Party, BSP, BSP chief, Mayawati, Congress, Ajit Jogi, Chhattisgarh, Janata Congress, Mayawati and Jogi's alliance

    Demonetisation: Mayawati, Misa Bharti in net for note ban cheating

    New Delhi: Bahujan Samaj Party chief and 3-time Uttar Pradesh chief minister Mayawati and Rajya Sabha MP Misa Bharti, daughter of Rash-triya Janata Dal Chief Lalu Prasad are in the Enforcement Directorate net for illegal transactions post-demonetisation. Times Now TV channel claimed both figure in the ED’s list of politicians who are under the scanner for cheating during the demonetisation drive.