Archis Mohan And Indivjal Dhasmana

Stories by Archis Mohan And Indivjal Dhasmana

'Expect all Rs 500 and Rs 1,000 notes to come back into the system'

'Expect all Rs 500 and Rs 1,000 notes to come back into the system'

Rediff.com   8 Dec 2016

The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.

Embassies feel note ban pinch, but Germans see biz opportunity

Embassies feel note ban pinch, but Germans see biz opportunity

Rediff.com   7 Dec 2016

Munich-based Giesecke and Devrient supplies security features to the RBI for currency notes, and machines to bank branches across the country to detect counterfeits.

GST delay to cast shadow on Budget

GST delay to cast shadow on Budget

Rediff.com   5 Dec 2016

Consensus seems a problem before the current session of Parliament ends.

Note ban shadow over GST Bill

Note ban shadow over GST Bill

Rediff.com   2 Dec 2016

While the government has the option of ensuring the passage of these Bills as money Bills, there are voices within the government advising discretion on the GST roll-out by April 1.

Roll back ban on Rs 500 note, says ex-chief economic advisor Basu

Roll back ban on Rs 500 note, says ex-chief economic advisor Basu

Rediff.com   29 Nov 2016

'Demonetisation may have been well-intentioned, but it was a major mistake. The government should reverse it. It could at least declare that Rs 500 notes, which many poorer people frequently use, are legal again,' Basu, who till recently was World Bank vice-president, wrote in an opinion piece in The New York Times.

Ministries draw plans to go cashless after PM's diktat

Ministries draw plans to go cashless after PM's diktat

Rediff.com   27 Nov 2016

A senior finance ministry source said making the use of debit cards and e-wallets compulsory across the board is legally untenable, but banks have been asked to insist their account holders use these instruments

Rs 1.28 lakh cr! That's the cost of demonetisation according to CMIE

Rs 1.28 lakh cr! That's the cost of demonetisation according to CMIE

Rediff.com   25 Nov 2016

The study says the entire supply chain of goods and services will suffer a massive liquidity shock.

Bengal tops list of states with sudden cash flow into Jan Dhan accounts

Bengal tops list of states with sudden cash flow into Jan Dhan accounts

Rediff.com   24 Nov 2016

The total balance in 255 million Jan Dhan accounts now stands at Rs 66,637 crore against Rs 45,637 crore on November 9.

Govt expects GDP to drop to 5.5% in Oct-Dec

Govt expects GDP to drop to 5.5% in Oct-Dec

Rediff.com   22 Nov 2016

The minders of the Modi government's economic policy believe it would take 7 to 8 quarters -- or till around late 2018 -- for the economy to reap the rewards of demonetisation.

GST deadlock over administrative control on assessees

GST deadlock over administrative control on assessees

Rediff.com   21 Nov 2016

Continued lack of consensus at next meeting could cast shadow on GST rollout by April 1.

'By mid-January, transaction problems will be over'

'By mid-January, transaction problems will be over'

Rediff.com   21 Nov 2016

'Because of the government's step, the people are now going to splurge on consumption.' 'If you ask me, would growth be 8% for 2017-2018, I would say 7.5% because of the demonetisation move would not be very significant.'

Parrikar's nuclear opinion not in India's interest: Ex-NSA

Parrikar's nuclear opinion not in India's interest: Ex-NSA

Rediff.com   20 Nov 2016

Former NSA Shivshankar Menon said the defence minister did not have a right to voice his personal opinion on nuclear policy in public, particularly when that opinion contradicted the country's official policy.

Commerce minister: 'There is no panic'

Commerce minister: 'There is no panic'

Rediff.com   20 Nov 2016

'People are willing to face temporary inconvenience as they are determined to support PM Modi's crackdown on black money,' Commerce Minister Nirmala Sitharaman tells Archis Mohan.

Beware, taxmen to watch your posts on social media

Beware, taxmen to watch your posts on social media

Rediff.com   18 Nov 2016

Information gathered from a person's social media account will be matched with his or her declared income.

Draft GST bills from Centre to states have no rates

Draft GST bills from Centre to states have no rates

Rediff.com   17 Nov 2016

The Centre is likely to introduce the Central GST and integrated GST bills in late November or early December in the ongoing session in the form of money Bills.

Coming Next? No income tax, only BTT

Coming Next? No income tax, only BTT

Rediff.com   15 Nov 2016

ArthaKranti wants the government to abolish income tax and 56 other taxes and replace it by a banking transaction tax.

BJP pushes Jaitley to give tax relief in Budget

BJP pushes Jaitley to give tax relief in Budget

Rediff.com   15 Nov 2016

Budget announcements will come right before five states, with population of around 250 million, go to polls.

Rs 6 lakh crore unaccounted cash will be back: BJP

Rs 6 lakh crore unaccounted cash will be back: BJP

Rediff.com   11 Nov 2016

A BJP leader said the money would be spent on welfare schemes for the poor, modernising of defence forces, and improving schools.

Demonetisation to hit short term economic growth

Demonetisation to hit short term economic growth

Rediff.com   10 Nov 2016

Significant portion of the funds used to fuel urban demand have become illegal and inoperative.

Trump presidency offers India many opportunities

Trump presidency offers India many opportunities

Rediff.com   10 Nov 2016

Congruence on terrorism, current disquiet on immigration, short-term visa would top the wish list.