Arup Roychoudhury &Amp;Amp; Archis Mohan

Stories by Arup Roychoudhury &Amp;Amp; Archis Mohan

Govt's latest worry: double counting of deposits, RBI asked to check

Govt's latest worry: double counting of deposits, RBI asked to check

Rediff.com   16 Dec 2016

Eco affairs secretary says double counting possible; cash availability to improve in three weeks.

Cash withdrawal limits likely to continue

Cash withdrawal limits likely to continue

Rediff.com   15 Dec 2016

Cash withdrawal limits likely to continue

Oppn, govt prepare for note ban slugfest until Dec-end

Oppn, govt prepare for note ban slugfest until Dec-end

Rediff.com   14 Dec 2016

Opposition parties think they have until New Year's Eve to build nationwide narrative against demonetisation.

Budget 2017-18 could be populist in nature

Budget 2017-18 could be populist in nature

Rediff.com   12 Dec 2016

The FRBM report, to be submitted on Tuesday, is likely to have 'excuse clauses', absolving the government of meeting its fiscal commitments under certain conditions such as war or conflict, global economic meltdowns or natural disasters.

A month on, how the Cash Crunch affects India

A month on, how the Cash Crunch affects India

Rediff.com   9 Dec 2016

Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.

Why didn't the government push for the GST bills to be discussed?

Why didn't the government push for the GST bills to be discussed?

Rediff.com   9 Dec 2016

On Thursday, the Business Advisory Committee of the Lok Sabha, which allocates time for the Bills and discussions to be taken up for the forthcoming week, met, but the government strategists didn't ask the members to allocate time for the GST Bills for the next week.

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.

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.

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

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.

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.

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.

Cash Crisis: What did the PM discuss on Sunday night?

Cash Crisis: What did the PM discuss on Sunday night?

Rediff.com   15 Nov 2016

A task force will speed up the recalibration of 200,000 ATMs so these can dispense the new Rs 2,000 notes.

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.

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.