The 30-share Sensex ended down 556 points at 27,886 and the 50-share Nifty ended down 158 points at 8,444.
He, however, acknowledged that manufacturing states will suffer losses but said they will be compensated
"For my government, engagement with the India community abroad has been a key priority," he said.
The Modi government's decision to demonetise Rs 500 and Rs 1,000 banknotes will drive up interest in the bullion market
The Rajya Sabha on Wednesday took up the four bills related to the GST, with the Opposition urging the government to insulate taxpayers from harassment and questioning how the new regime was "ideal" when 40 per cent of the revenue base of the GDP was kept out of its purview.
On his maiden visit to Bihar after assuming power, Prime Minister Narendra Modi on Saturday said politics had hampered the development of the state and promised to give more than Rs 50,000 crore special package to the poll-bound state at the right time.
An argument used for removal of this exemption is that it is used to launder black money and bring it in as clean tax paid money by manipulating the price of less liquid shares in the market, says Harsh Roongta.
Longtime BlackBerry owners might balk at the fact that the Q5's battery can't be removed, considering the fact that they could reset their older handsets if the software hung.
'When Hindus converted through inducements there was no hue and cry, but when reconversions took place, everyone cried foul. If re-conversions are bad, so are conversions.' 'Our government is not getting involved either in conversions or re-conversions. The BJP has nothing to do with it.' Parliamentary Affairs Minister M Venkaiah Naidu in a candid interview.
'The government has done extremely well.'
Help yourself and your family financially by not falling prey to these, says Naval Goel
CAs not sure if individuals declaring unaccounted money will get immunity from reassessment as these provisions are not covered in the Bill.
Modi accused the TMC of killing the aspirations of the middle-class people in the state and said the ruling party in West Bengal is known for 'triple T -- Trinamool Tolabaji Tax'.
CAF Bill's fate to be decided on Monday
The former finance minister was in Mumbai to address Congress party's poll rallies.
'The striking down of the use of Aadhaar by private companies implicitly calls for the deletion or erasure of all personal data vested in the servers of the private service providers.'
'The RBI is not releasing Rs 2,000 notes for the last 10 days; probably they have stopped printing it.'
With the introduction of Rs 200 notes, the problem people face due to high-value Rs 2,000 notes would be taken care of.
Currency notes of lower denomination of Rs 100 and Rs 50 will continue to be the legal tender
The Congress chief alleged that in the 2016 demonetisation exercise, black money became white, nobody went to jail and contrary to the BJP's promise, no one received Rs 15 lakh in their bank account.
If you are making any drastic changes, make sure there is adequate documentation
Replying to a debate on Motion of Thanks on the President's Address which was adopted by the House later amid walkout by Congress, he replied point-by-point to the issues raised by the Opposition, including surgical strikes and allocations for Mahatma Gandhi National Rural Employment Guarantee Act, agriculture sector and for Scheduled Castes. Opposition had moved 190 amendments to the Motion which were negated.
Embarrassment apart, it is a reminder to the Narendra Modi government that it is in acute minority in the Upper House
Terming Prime Minister Narendra Modi's decision to demonetise high value currency notes as "startling and bold", Chinese official media has said it is "far from enough" and India may "look at ideas" from China's crackdown against corruption which has shown "efficiency".
Not declaring the black money under the scheme now, but showing it as income in the tax return form would lead to a total levy of 77.25 per cent in taxes and penalty. In case the disclosure is not made either using the scheme or in return, a further 10 per cent penalty on tax will be levied followed by prosecution.
The sabre-rattling between parties on rival sides of the political divide over demonetisation showed no signs of softening on Saturday with the government accusing Congress of engaging in "fear mongering" and the latter hitting back calling the exercise a "not well thought out move" whose after-effects will last long.
The Manmohan Singh government's rush to pass the Food Security Bill reflects extreme paucity of logic and action, says Neeta Kolhatkar
The quantum of fake Swiss francs remained much higher.
Pre-2005 banknotes are being withdrawn from circulation since January 2014 by RBI and a large percentage of these notes have already been withdrawn
The fiscal gains from implementing the GST and demonetisation, while almost certain to occur, will probably take time to be fully realised
Both the new designs, Rs 500 and Rs 2,000, will be very friendly towards the visually-impaired by having features which make it accessible for all sections
Modi is optimistic that the reforms will be passed soon.
'Meiteis started feeling insecure stating that the illegal immigrant population is growing in the valley, and that the majority community would become a minority.'
They were participating in a debate on the bill for giving effect to various compliance relief measures for taxpayers, including extending time limits for filing returns, in the wake of the coronavirus crisis and tax benefits for donations to PM CARES Fund.
Blaming Congress for delaying Goods and Services Tax, Prime Minister Narendra Modi on Thursday attacked the main opposition party alleging the "hawalabaaz are unnerved" due to the tough stance of the government on black money and are putting "roadblocks" in the reforms agenda.
Expecting fireworks in both Houses during the Winter Session of Parliament starting from Wednesday -- with the opposition planning to target the government on several issues, including demonetisation -- the Bharatiya Janata Party Parliamentary Party Executive will go into a huddle on Monday to chalk out strategy to counter the opposition which is divided over how to take on the government on the issue.
Kumar also questioned the prime minister on various promises made by his government including return of black money, enhanced MSP to farmers and special status to Bihar among others.
In his letter to the prime minister, Hazare said he would continue the campaign in the capital till the Lokayukta is not appointed and the Swaminathan Commission Report is not implemented.
Markets could slide again owing to conditions in Europe and the US.
'The experience so far is a shocking example of how critical scheme of national importance can be brought into disrepute by inefficient and badly designed implementation,' says Dr Madhav Godbole, the former Union home secretary.
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