Govt indicates printing of Rs 2000 notes stopped for now; says sufficient currency in circulation
• 6 years agoIn a tweet, economic affairs secretary Subhash Chandra Garg said printing of notes is planned as per the projected requirement.
Steering banking system through demonetisation, NPA challenges, Urjit Patel has emerged stronger in two years
Madan • 7 years agoFor Urjit Patel, the challenges have been from within where political, business and economic interest groups have had to be taken along.
RBI data on demonetisation: NDA's disruptive economic move has some hits, but main targets are missed
Madan • 7 years agoIt does appear that demonetisation has brought back all the cash to the system meaning thereby that cash is still very important.
DBS raises real GDP forecast to 7.4% for current fiscal from 7.2% earlier on consumption and higher public spending
• 7 years ago"The economy has recovered since the transitory shocks of demonetisation and GST rollout," DBS said in a research note adding that consumption both urban and non-farm and higher public spending is expected to lift growth.
GST failed to deliver on promise of formalisation of economy; glitches have led to demand for cash: HSBC
• 7 years agoThe GST regime was originally associated with formality. But so far, in our view, it has not been able to live up to that promise, HSBC said
Soon, you will get new Rs 200 notes in ATMs as RBI asks banks to recalibrate cash machines
Fp Staff • 7 years agoThe sole purpose of supplying Rs 200 notes through ATMs is to ensure more number of lower denomination currency in citizens' hands
Within 53 days of demonetisation, govt agencies seized 2,272 fake Rs 2,000 currency notes, reveals NCRB report
Ians • 7 years agoAfter demonetisation, Rs 2,000 notes were part of 281,839 fake notes of various denominations recovered from different locations across India
GST made doing business easier, reduced tax compliance burden for traders, says Arun Jaitley
• 7 years agoTax rates under GST too are being rationalised and a trader will no more be required to confront inspectors, says Arun Jaitley
Scrapping of high-value notes flushed out black money, eliminated fake notes, claims finance ministry
• 7 years agoDetailing other benefits of demonetisation for the economy, the finance ministry said it has dealt a big blow to finances of terrorism and Left-wing extremism
Urjit Patel on counting banned notes: Staff working round the clock but process still on
• 8 years agoMembers of Parliament Standing Committee on Finance, who questioned Urjit Patel, are dissatisfied that he could not yet give a conclusive figure.