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".
'You can accuse him of many things but one thing you cannot accuse him of is being bad at politics,' says Aakar Patel.
HUL, the country's largest FMCG company, saw sales volume fall by 4% for the December quarter.
The prime minister was speaking at an industry meet organised at ONGC Petro Additions Ltd's complex in Gujarat's Dahej.
The chairman of Parliament's Public Accounts Committee, K V Thomas, on Monday said a meeting with finance ministry officials has been deferred to February 10 in view of the Budget preparations.
Rahul said PM visits US and China 'using' the aircraft of his wealthy 'friends'.
Hitting out at Prime Minister for calling note-ban a 'shuddhi yagna', senior Congress leader Prithviraj Chavan said the move is nothing short of an "uncontrolled forest fire" that has claimed several lives and hit the economy.
"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.
'The number of STRs received in 2016-17 is 4,73,006 which is more than four times as compared to 2015-16 and this increase is attributed to demonetisaton exercise...,' the Financial Intelligence Unit's report has said.
Gandhi said the BJP, in power in Madhya Pradesh since 2003, is only working for a few rich people.
The department has found that Rs 100 crore were deposited in 500 Jan Dhan accounts in the banks in western Madhya Pradesh post-demonetisation.
In the fourth of a six-part series, Ajay Modi visits Moradabad, to see how the brass city is coping with the after-effects of demonetisation.
While its deposits from Iran accounts have come down from a peak of around Rs 25,000 crore to Rs 2,200 crore, it's been offset by the bank receiving almost Rs 24,000 crore in deposits post note ban.
Congress leader Rahul Gandhi alleged that Modi's move was aimed at helping a few of his 'crony capitalist friends' and had 'destroyed' the Indian economy, prompting a strong response from the BJP which said the exercise was an 'attack' on corruption and black money that were rampant during the 'lost decade' of the Congress-led United Progressive Alliance government.
'Initially, most people willingly stood for hours in queues to withdraw cash because they believed that after 50 days, black money would come out, some big men would be punished and perhaps jailed. Again, nothing happened.' 'Now the talk is that small people have been punished while the rich and the powerful have got away.' 'The RSS is not going out of its way to counter the view. Let the BJP explain.'
Includes those dealing in high-value property and petrol pump owners
Trinamool Congress MPs accused the Modi government of having imposed a "super emergency" by launching the exercise and engaging in "vendetta politics" by arresting two party lawmakers after it opposed the "draconian" move.
While people have paid the price for the disruption it caused, now is the time to reap its benefits, says T N Ninan.
Demonetisation should be judged to have delivered some immediate gain if at least around Rs 2 trillion gets immobilised.
The bank lost out on fairly meaningful quantum of fees from point of sale terminals and ATM usage during the demonetisation exercise.
Daily wage earners and casual low income group workers were the worst affected
Maharashtra Congress chief Nana Patole on Monday alleged that the agenda of the upcoming special session of Parliament is to separate Mumbai from the state and declare it as a Union territory.
Although the Opposition has been making a hue and cry over demonetisation, the BJP's programmes have been attracting crowds.
Gandhi alleged that demonetisation is the biggest scam in history of India.
In the second of a six-part series, Sanjay Jog of Business Standard walks across the streets of Indore to find out how it has been hit by demonetisation.
Well then, what did DeMo achieve? As predicted by most economists, the volume of transactions fell, economic activity was adversely impacted, and some sectors (which were more dependent on cash transactions) witnessed greater disruption than others, says Rahul Khullar.
Officials said it had informed the RBI about these alleged malpractices earlier and is regularly updating it about such modus operandi being deployed
In his short speeches at various places, Gandhi assailed Modi over demonetisation and a host of other issues.
In January 2017, the growth in total premium was Rs 13,138 crore, against Rs 10,284 crore in January 2016, a growth of 28 per cent.
A projected drop in production in the 2016-17 sugar season (October-September) has kept domestic prices firm, reflecting in improved profitability and stock prices of companies.
The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) -- an indicator of manufacturing activity -- fell to 49.6, down from 52.3 in November, coming below the crucial 50 threshold which separates contraction from expansion.
Uttam Ghosh offers his take on 50 days of demonetisation.
It would be a miracle if demonetisation doesn't extract a political price from the BJP and Modi, says T C A Srinivasa-Raghavan.
Demonetisation impact: Money lenders make a comeback.
Sales, which were growing impressively in the first seven months of the year, decline in November. Ajay Modi reports.
The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.
Attacking the note ban move, Yechury said the PM's assertion that it will impact terror funding has not yielded any result.
Following the surge in demand, Bitcoin is being quoted on Indian exchanges at 25-28 per cent higher than the international price, reports Rajesh Bhayani.
The two leaders heaped praise upon each other for effectively implementing prohibition in their states, reports M I Khan from Patna.
As many as 26 of 50 urban hubs across the country have shown a moderate upturn in housing prices between December 2016 and March 2017
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