demonetisation

With the country’s GDP size increasing in quantitative terms, there could be need for more currency in the economy, a Reserve Bank of India official said today.

Last week we wrote about how one can avoid getting lured into having black money ever again. We received strong feedback – most emails requesting further elaboration of the points.

The Congress, on Monday, came out in full support of Modi government’s decision on 10% reservation, saying it is committed to every step being taken for making the poor stakeholders in the prosperity of the society.

We all know how India has always had a massive parallel economy. According to some estimates,…

The printing of Rs. 2,000 notes, which debuted after Prime Minister Narendra Modi’s shock demonetisation move in 2016, has been reduced to a “minimum” by the Reserve Bank of India.

According to a report in The Print, the Indian Government has stopped printing of Rs 2000 currency notes. The decision was taken on suspicion that the notes are being used for hoarding, tax evasion and money laundering.

In a new year gift to the MSME sector, the Reserve Bank of India on Tuesday allowed a one-time restructuring of existing debt up to Rs 25 crore for the companies which have defaulted on payment but the loans given to them have continued to be classified as standard assets.

Distress in some sectors of the economy has slowed India’s GDP growth, the consequences of which could be “far reaching”, former chief economic advisor Kaushik Basu said on Monday.

Students should be keen on pursuing politics because democracy is an everyday battle,” claimed Kanhaiya Kumar, student leader of Jawaharlal Nehru University (JNU), Delhi.

Two years after demonetisation was announced on November 8, 2016, the government has finally accepted that four people had died due to demonetisation.