News for 'demonetisation'

Nothing will deter us from fighting against note ban: Mamata

Nothing will deter us from fighting against note ban: Mamata

Rediff.com20 Dec 2016

The TMC chief and West Bengal CM made the remarks after her party member received three calls from the CBI.

'Congress is much bigger than the Gandhis'

'Congress is much bigger than the Gandhis'

Rediff.com23 Mar 2022

'When I said the Gandhi family had to step aside, it was because we have consistently seen that the public has not accepted them.'

'India suffers': Cong's theme for protests on DeMo anniversary

'India suffers': Cong's theme for protests on DeMo anniversary

Rediff.com7 Nov 2017

The Congress, which described the note ban decision as the "biggest scam" and "the largest government-abetted money laundering scheme", has asked all its state units to organise protests, processions and marches to mark the day.

House panel to discuss note ban impact with Urjit Patel

House panel to discuss note ban impact with Urjit Patel

Rediff.com2 Dec 2016

PAC summons RBI Governor Urjit Patel, Finance Secretary Ashok Lavasa and Economic Affairs Secretary Shaktikanta Das.

Smartphone sales fall 30% in top 50 Indian cities

Smartphone sales fall 30% in top 50 Indian cities

Rediff.com24 Jan 2017

Demonetisation impacted the smartphone market at almost all levels, including customer demand and stock movement in distribution channels.

CIC summons PMO officials having records related to note ban decision

CIC summons PMO officials having records related to note ban decision

Rediff.com27 Feb 2018

They've also asked to explain how the disclosure of the documents would impact the country's economic interests.

SC will hear pleas against note ban on Dec 2

SC will hear pleas against note ban on Dec 2

Rediff.com25 Nov 2016

A bench comprising Chief Justice T S Thakur and Justice D Y Chandrachud said, "We will examine both aspects (inconvenience and constitutional validity) of the matter. Come on Friday at 2 pm".

DeMo effect: India now has 2.82 crore taxpayers!

DeMo effect: India now has 2.82 crore taxpayers!

Rediff.com7 Aug 2017

The total number of returns filed as on August 5 stands at over 2.82 crore as against over 2.26 crore filed during the corresponding period of 2016-17

How BJP Won UP

How BJP Won UP

Rediff.com12 Mar 2022

The BJP campaign highlighted Yogi's persona as a tough-as-nails leader and an incorruptible man with no nest to feather; Modi's charisma which was turned on full blast in the penultimate phases; Amit Shah's ground work; a well-oiled party organisation, and the RSS's back-up.

CBSE cuts chapters on citizenship, DeMo, secularism to reduce syllabus

CBSE cuts chapters on citizenship, DeMo, secularism to reduce syllabus

Rediff.com8 Jul 2020

The Central Board of Secondary Education (CBSE) has rationalised by up to 30 per cent the syllabus for classes 9 to 12 for the academic year 2020-21 to reduce course load on students amid the COVID-19 crisis, Union Human Resource Development Minister Ramesh Pokhriyal 'Nishank' announced on Tuesday.

DeMo@1: 63% retailers in rural areas keen on going cashless

DeMo@1: 63% retailers in rural areas keen on going cashless

Rediff.com15 Nov 2017

While looking at consumer behaviour in the post demonetisation period, the research found that rural consumers were equally enthusiastic about cashless payments.

Where would Hindu immigrants be settled? Uddhav asks BJP

Where would Hindu immigrants be settled? Uddhav asks BJP

Rediff.com19 Dec 2019

The Maharashtra CM said he doesn't think the Centre has a plan on settlement of Hindu immigrant from other countries.

Verdict on the RBI: Not guilty

Verdict on the RBI: Not guilty

Rediff.com9 Feb 2017

'The critics are getting carried away.' 'The challenge for the RBI is not any erosion of autonomy caused by demonetisation.' 'It's the whole attempt to reduce the RBI's stature and role that has been under way,' says T T Ram Mohan.

'Gurumurthy must be sacked from RBI'

'Gurumurthy must be sacked from RBI'

Rediff.com27 May 2022

'For a responsible person like him to utter such nonsense is shameful.' 'He is not fit to be a director on the RBI central board.'

Get a laddoo from Delhi BJP for standing in bank, ATM queue

Get a laddoo from Delhi BJP for standing in bank, ATM queue

Rediff.com14 Dec 2016

The 'thanksgiving and feedback' programme will also gauze public mood by asking them about the problems they face.

50 days over, now please answer these 5 questions: Rahul to Modi

50 days over, now please answer these 5 questions: Rahul to Modi

Rediff.com30 Dec 2016

The Congress vice president took to Twitter asking the prime minister as to whom had he consulted before taking the decision and wondered as to why were "experts, economists and Reserve Bank of India not consulted".

Note ban will make UP election more expensive: Survey

Note ban will make UP election more expensive: Survey

Rediff.com26 Dec 2016

The survey conducted jointly by Association for Democratic Reforms and UP Election Watch to study impact of demonetisation on poll expenses said, "Demonetisation will have no impact in the campaigning or the poll expense."

Note ban hit Pepsi in OND q, says Nooyi

Note ban hit Pepsi in OND q, says Nooyi

Rediff.com17 Feb 2017

"On demonetisation, across the board for pretty much all of industry, and CPG (Consumer Packaged Goods) in particular because it hit the individual retailer significantly, demonetisation had a significant impact on our India business in Q4," Nooyi said during an earnings call for Pepsi's fourth quarter that ended on December 2016.

Will salute Modi if he apologises for note ban mistake: Kamal Haasan

Will salute Modi if he apologises for note ban mistake: Kamal Haasan

Rediff.com18 Oct 2017

He, however, did not make it clear what aspects he wanted Modi to admit as the "mistake"

The growing tussle between the govt and CAG

The growing tussle between the govt and CAG

Rediff.com22 May 2022

In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.

'Total halt' in smuggling of fake notes, finmin tells PAC

'Total halt' in smuggling of fake notes, finmin tells PAC

Rediff.com10 Feb 2017

The finance ministry on Friday informed a parliamentary committee that smuggling of fake currency has totally stopped post demonetisation and the tax department has seized Rs 515 crore in cash, including Rs 114 crore of new currency notes, up to January 10.

'This is the only way to save the economy today'

'This is the only way to save the economy today'

Rediff.com18 Jan 2020

'I suggest a cut in the GST rates and an infusion of Rs 1.2 trillion into the economy in six months.'

EXCLUSIVE! The Secret Of Modi's Success

EXCLUSIVE! The Secret Of Modi's Success

Rediff.com2 Aug 2022

'In the course of my interactions with him, Modi insisted that he does not believe charisma alone can sustain people's trust for long.' 'That is why Modi consistently refers to Mahatma Gandhi to contextualise his politics.' 'He believes in taking his ideas to the masses and getting their acceptance as an index of approval.'
A revealing excerpt from Ajay Singh's The Architect of the New BJP: How Narendra Modi Transformed the Party.

Publicise benefits of note ban: PM to BJP MPs

Publicise benefits of note ban: PM to BJP MPs

Rediff.com18 Nov 2016

However, even 10 days after Modi took the nation by surprise by announcing demonetisation of Rs 500 and Rs 1000 currency notes, his rivals continued to aggressively target him

'Recovery could be a couple of quarters away'

'Recovery could be a couple of quarters away'

Rediff.com13 Dec 2017

'There are a lot of positive things these reforms are bringing about and it is only a matter of some quarters before the growth rate picks up momentum.' 'Until then we need to be a little bit patient.'

Rahul accuses Modi govt of destroying informal economy

Rahul accuses Modi govt of destroying informal economy

Rediff.com31 Aug 2020

He cited demonetisation, 'wrong' GST and the lockdown as three examples of government's attempt to destroy the informal sector, that provides 90 per cent jobs to people.

'Modi killed our hopes on Dec 31'

'Modi killed our hopes on Dec 31'

Rediff.com13 Jan 2017

'Make cash available now, don't put people into suffering.' 'You should not come to a situation where the operation was successful and the patient is dying.' 'What did not happen in India for several years, you cannot do in 50 days.' 'This is agony and pain.'

What Modi learned from Indira Gandhi

What Modi learned from Indira Gandhi

Rediff.com1 Apr 2017

'The choice of chief minister after the win is a pointer to what issues really mattered at the polls.' 'Perhaps, demonetisation was an electoral side issue -- a reflection of the disconnect between commentators in the cities and the realities on the ground,' says Somasekhar Sundaresan.

Stand with people hit by PM's 'thoughtless act': Rahul on DeMo

Stand with people hit by PM's 'thoughtless act': Rahul on DeMo

Rediff.com8 Nov 2017

To mark the anniversary of note ban, the Congress was observing a 'black day'.

'PM is taking revenge for his embarrassments by amending RTI'

'PM is taking revenge for his embarrassments by amending RTI'

Rediff.com25 Jul 2019

'This is not Ahmedabad Gymkhana but people's house'

After 'breaking my head daily' comment, Naidu reiterates support for note ban

After 'breaking my head daily' comment, Naidu reiterates support for note ban

Rediff.com21 Dec 2016

Naidu on Wednesday said he has been supporting demonetisation, but added that problems arising out of the exercise "continue" as "we are going (about them) in a routine manner". "We have to take an innovative approach," he said, claiming that his remarks were "distorted by some".

UP Win May Make Yogi Modi's Heir

UP Win May Make Yogi Modi's Heir

Rediff.com22 Feb 2022

A handsome victory for the BJP in UP would act as confirmation of its recent political choices. The UP chief minister would be cemented in the popular mind as Mr Modi's chosen heir within the Hindutva fold, and presumably as his successor in New Delhi, observes Mihir S Sharma.

That's not the way we wanted it: Naidu on note ban

That's not the way we wanted it: Naidu on note ban

Rediff.com20 Dec 2016

"I am spending two hours daily to ease the problems caused by demonetisation. I am breaking my head daily but we are unable to find a solution to this problem," the CM said.

So much for Modi's dream of 'cashless Bharat'

So much for Modi's dream of 'cashless Bharat'

Rediff.com8 Nov 2017

While Bihar and J&K have the least proportion of bank account holders using debit cards at PoS machines, Telangana's record is the highest.

Modi's Economic Record: No 'disaster' nor anticipated success

Modi's Economic Record: No 'disaster' nor anticipated success

Rediff.com29 Nov 2021

Three-quarters into the 10 years that Mr Modi had sought for transforming India, the 'output' numbers look impressive, but the key 'outcome' numbers don't show up much, if at all, observes T N Ninan.

Centre is desperate, blundering: Vadra slams government on note ban

Centre is desperate, blundering: Vadra slams government on note ban

Rediff.com9 Jan 2017

Terming demonetisation as an 'unplanned and unthought process', Vadra wrote, "The government seems to have reached its levels of desperation to overcome the initial blunder it created."

Stock Markets Unconcerned About Inflation

Stock Markets Unconcerned About Inflation

Rediff.com24 Mar 2022

We have not suffered such huge price shocks across so many basic commodities, at the same time, in decades. Has the inflationary impact of all this been factored into stock prices as yet, asks Debashis Basu.

DeMo: Diwali sparkle missing for wholesale traders

DeMo: Diwali sparkle missing for wholesale traders

Rediff.com16 Oct 2017

Many traders say that after demonetisation cash in the market has drastically reduced

Govt has no plan to launch gold amnesty scheme

Govt has no plan to launch gold amnesty scheme

Rediff.com31 Oct 2019

It was reported that the new amnesty scheme would allow gold hoarders a chance to come clean on investment made using black money by declaring their possession and paying tax on it.

How much does it cost to print Rs 500 and Rs 2000 notes?

How much does it cost to print Rs 500 and Rs 2000 notes?

Rediff.com20 Dec 2016

Both denominations are printed at the old rates