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Ready to pay political price for steps taken for better India: PM

New Delhi,Nov 30 (PTI) Prime Minister Narendra Modi today said that he was ready for the big political price he will have to pay for the steps he has taken for the betterment of the country, in a reference to decisions taken to curb black money. He also said that his government is committed to developing

Post demonetisation, decrease recorded in deposits in Banks

Narinder Jagga Chandigarh, 25 November- After the demonetisation, there has been decree recorded in deposits of the banks in the Punjab. Sources disclosed that from September 2016 to September 2017, 8.31 percent growth was recorded as against an increase of 12.33 percent during the corresponding period last year. Interestingly, out of 8.31 percent growth in

Note ban was to change the way India spends: Jaitley

New Delhi, Nov 7 : Note ban was to change the way India spends: Jaitley. Mounting a powerful defence of the demonetisation measure designed to curb black money, Finance Minister Arun Jaitley on Tuesday said that as a disruptor of the status quo ante the note ban, along with other measures taken, has set in

Industrialists criticize over the one year passing of demonetization, market goes down

LUDHIANA, 9, (SUKHPREET SINGH) : Industrialists of different sectors are calling the day of November 8, 2016 as a black day for the nation as one year has been passed with the effect of demonetization, situation of business has gone more worsen. Terming a November 8 a day which they would not able to forget

Note ban anniversary: RBI says still verifying returned notes

New Delhi, Oct 29, Nearly a year after Prime Minister Narendra Modi announced demonetisation, the Rs 500 and Rs 1,000 bills returned to banks are still being “processed in all earnest” through a sophisticated currency verification system, the RBI has said. In reply to an RTI query, the central bank said it has processed about

1st anniversary of demonetisation: Cong to observe Nov 8 as ‘Black Day’

Puducherry, Oct 28, The ruling Congress in Puducherry today said it would observe November 8, the first anniversary of demonetisation, as ‘Black Day’ with its allies here. “The Centre’s move to demonetise Rs 1,000 and Rs 500 currency notes on November 8 last year had crippled the economy, worsened the unemployment problem and failed to


Demonetisation : Left parties to meet today to plan Nov. 8 protests against Centre

Leaders of the Left-leaning parties will meet on Wednesday to chalk out their plan to hold protest against the Centre on the first anniversary of demonetisation on November 8. While addressing a press conference here, Yechury said, “Tomorrow, we have called for a Left parties meeting. Leaders of the Left-leaning parties will meet on Wednesday

Opposition to observe November 8 as Black Day to protest note ban

Opposition to observe November 8 as Black Day to protest note ban

November 8 Black Day protest note ban: Opposition parties on Tuesday said they would observe November 8 as Black Day to protest against the “ill-conceived” decision of the government to spike Rs 500 and Rs 1,000 currency notes, a year ago.Leader of the Opposition in the Rajya Sabha Ghulam Nabi Azad told reporters that the

Demonetisation, GST may impact wedding season business by 10-15%: Assocham

New Delhi, Oct 23, Demonetization, along with recently introduced Goods and Service Tax (GST), may impact the business of upcoming wedding season, staring November, by 10-15 per cent, industry chamber Assocham said here on Monday.Wedding services like marriage garden/marriage hall booking, tent booking, confectionery services and photography are expected to get impacted.At present the Indian

Not a paisa for states that are against development: PM Modi

Not a paisa for states that are against development: PM Modi

Not paisa states development: Prime Minister Narendra Modi made a strong pitch for the development and economic reform on a day he inaugurated his ‘Dream’ roll-on, roll-off ferry in Gujarat, announcing that the Centre would not give anything to states that were anti-development.“Our government firmly believes that public money must be used only for development.

Small traders see decline in sales amid falling gold prices

Small traders see decline in sales amid falling gold prices

Ringing into the festive week with Dhanteras, gold buyers rejoiced the fervour as the gold prices plunged to Rs. 30,710, attributable to a weak overseas trend. On Tuesday the stock market witnessed a Rs. 140 plunge in gold prices ahead of the auspicious occasion of Dhanteras, which is considered to be sacred for the purchase of gold,

Black money crackdown

No relief for well-know names: Centre

Black money crackdown: Number of disqualified directors stands at a massive 3,00,000, the government may be exposed to a litany of legal tussles, especially over whether due procedures were followed by it. “Just because somebody is considered prominent doesn’t mean he will be accorded any special relief by the government. They have access to judicial

India has to grow faster, running against time: Jaitley

India has to grow faster: India needs to grow at a faster pace, Finance Minister Arun Jaitley has said, while asserting that there was public support for the government’s reform initiatives despite the difficulties arising from implementing GST, for instance. “The obvious challenge to the country is to grow and grow fast. It has to

PM not ready to accept reality of demonetisation, GST impact: Akhilesh Yadav

Mathura, Oct 8, Slamming the Centre over demonetisation and the GST, Samajwadi Party president Akhilesh Yadav said today that Prime Minister Narendra Modi was not prepared to accept the reality of their impact. The former Uttar Pradesh chief minister also accused the BJP of misleading the people on issues such as the loan waiver for

FM pins hope on economic growth-Daily Post India

FM pins hope on economic growth

Finance Minister Arun Jaitley hopes Indian economy will grow at a fast pace. He ensured that people of country supports every initiative of the government including GST. Arun Jaitley expressed these view prior to his US visit via video conference to the Berkeley India Conference. “I do hope that India is able to retain its

Threaten Legal Action

Bank staff not paid for notes Ban overtime threaten Legal Action

Threaten Legal Action: Bank employees who worked long hours during demonetisation say they have not been paid the money due to them for working overtime. Now a section of their unions has threatened to sue the banks and go on strike if they don’t get the cash soon. When demonetisation was announced on November 8

BJP calls Sinha's remarks on Indian economy as 'personal frustration

BJP calls Sinha’s remarks on Indian economy as ‘personal frustration

The Bharatiya Janata Party (BJP) on Friday described former union finance minister Yashwant Sinha’s criticism on the state of the Indian economy as an unfair criticism based on ‘one’s personal frustration.’ Speaking to ANI here, BJP spokesman G.V.L. Narasimha Rao said, “The ten years of the UPA Government at the Centre was one of the

Government stops printing of Rs. 500 currency notes

Government stops printing of Rs. 500 currency notes

Government stops printing of Rs. 500 currency notes. To focus on printing of Rs 200 notes, the government has stopped the printing of Rs 500 currency denomination. According to the information, RBI has given new target of printing 40 crore currency notes of Rs 200 to the Bank Note Press (BNP), Dewas.According to the information,

No info on black money removed by note ban: RBI

Black money RBI. The government has faced another problem from the Reserve Bank of India, which has been questioned about the closure. Actually, the RBI has told a parliamentary panel on the ban on bondage that there is no information about how much black money was reduced in the country after the ban on bondage.The

IT dept. will ‘defend its govt.’ as part of job: Congress

IT dept. will ‘defend its govt.’ as part of job: Congress

Income tax will “defend its government” as it is part of their job to do so, reacted the Congress party after the Income Tax Department (ITD) said that there has been 44 percent increase in undisclosed income detection. “Income tax department is interested in conducting a raid rage across with no details available in public