This week, as the I-T department scanned the deposits, reality hit them: Only a minuscule percentage of the Jan Dhan accounts had been used for money laundering.
The theory that all banned notes will come back into the system may not be true. Anup Roy finds out.
Loan rates will change at the next reset, while deposit rates will continue till maturity.
Indian economy about to take-off
Paytm is just embarking on building a TaoBao like entity in India, it may want to address a challenge that the latter faced a few years after its launch.
How will the navy's six Scorpenes fight, when their primary weapon -- the Black Shark torpedo -- is blocked by a ministry of defence ban on the company chosen to supply these? This gloomy scenario provides a heaven-sent opportunity to revisit the navy's torpedo purchase plan, handled without strategic vision and economic foresight.
'It has taken bombings in Beirut, bombing of a Russian airliner and now terror attacks in Paris for people to realise that we are not going to achieve our objectives of destroying ISIS if we drive in second gear. We need to get into top gear.'
Curbing the federal deficit is the government's absolute priority on February 28.
NDA government has shunned populism.
Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.
'If we play our cards right, we may even benefit from the competition between the US and China as seen from increased investment from each of these countries into India.' 'The size of our market gives us an important lever of power which we shall have to play adroitly and intelligently,' points out Ambassador Gautam Bambawale -- who served as India's envoy to China -- in the Professor V M Dandekar Memorial Lecture 2019, delivered on March 8, 2019 in Pune.
It emerges that not only does the CIDR project fails the test of fairness, justness and reasonableness besides the test of not being fanciful, oppressive or arbitrary; it also fails the test of Arthashastra, Hadith and the Bible.
Ram Sumiran Pal arrested in Delhi; hunt for two others on.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
In spite of Budget's rural focus, the government has consistently stumbled in agriculture, says Shreekant Sambrani.
With the first salary date after demonetisation around the corner, will India's labourers be able to take their hard-earned wages home?
The online world is driven by convenience, simplicity and speed.
'The real test will be in defence-related deals, for instance the Javelin anti-tank missile: Is the US willing to co-develop something with India, on terms that will support the 'Make in India' initiative? Is there defence technology transfer? Or will it dump old junk on India?' asks Rajeev Srinivasan.
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