Wednesday, March 29, 2017

‘Where are the fake notes? Even RBI doesn’t know’

Mumbai, (IANS) : The Reserve Bank of India has admitted it has no confirmed data of the number or value of fake currencies detected...

RBI Governor runs away from reporters

Gandhinagar: RBI Governor Urjit Patel on Wednesday fled from an army of journalists waiting to question him on demonetisation. Patel was at the Mahatma Mandir,...

No charges on card payments for customers, pumps: Pradhan

New Delhi: There will be no additional charges on digital transactions made at petrol stations, Petroleum Minister Dharmendra Pradhan announced on Monday even as...

Diaspora seeks more time to exchange old notes

By Fakir Balaji Bengaluru: The Diaspora comprising Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) has sought extension of the deadline to exchange...

BJP welcomes PM’s nudge to banks to give poor preference

  New Delhi : The Bharatiya Janata Party (BJP) on Sunday welcomed Prime Minister Narendra Modi's appeal to banks to give preference to the needs of...

Demonetisation fallout: Jan Dhan deposits rise over 50%

  New Delhi : Deposits in Jan Dhan accounts have grown by more than 50 per cent since the demonetisation announcement on November 8, an official...

Demonetisation firebomb on cash economy: Rahul Gandhi

Dharamsala : Congress Vice-President Rahul Gandhi on Saturday slammed the central government's decision on demonetisation of high-value currency notes, saying the decision is "anti-poor"...

Cashless economy will be successful as EVMs: Naqvi

New Delhi : Union Minister Mukhtar Abbas Naqvi on Wednesday said digital methods of payment, online and mobile banking will be as successful as...

RBI withdraws one-time deposit norm, Rs 5,000 limit for KYC-accounts

New Delhi : The Reserve Bank of India (RBI) in a sharp U-turn on Wednesday withdrew the circular for KYC-compliant accounts...

Modi, Rahul cross swords over note ban in battleground UP

Kanpur/Jaunpur (Uttar Pradesh) : Demonetisation took centre-stage in poll-bound Uttar Pradesh on Monday as Prime Minister Narendra Modi and Congress leader Rahul Gandhi hit...

Dear Prime Minister, are you sure the rich are not sleeping well post...

By Soroor Ahmed for Twocirlces.net As a son of a poor ‘chai-wallah’, Narendra Modi knows well how comfortably––‘aaram se’, to use his own expression––the...

Islamic banking in India must be promoted at grassroots level to showcase its potential

By Amjad Suri for TwoCircles.net The issue of establishing Islamic banking (bank based on Shari’ah) in India is not new. Various efforts have been...

Manipur post-demonetisation: Life thrown out of gear

Imphal : Even 30 days after demonetisation of high-value bank notes, life in Manipur remains at a standstill as people continue to struggle to...

Publishing industry still to overcome shock of demonetisation

By Saket Suman New Delhi : India's otherwise booming publishing industry is now undergoing a crucial phase as sales have dropped by almost 30-60...

Demonetisation to hurt economy in long term: Experts

New Delhi : The demonetisation move was going "to damage the economy in long term" and cash-less digital payment system "may not be helpful...

Government departments to make e-payments for amounts above Rs 5,000

New Delhi : In order to give a boost to the digital payment system, all government departments have now been directed to make e-payments...

Demonetization in India: Who will pay the Cost?

“Everyone will adjust. And while it can hurt some small businesses and individuals, it is better to do it than not.”–Mauro Guilin By Maryam...

Demonetisation has not violated anyone’s fundamental right, government tells SC

New Delhi : The central government on Thursday said that its decision to demonetise Rs 500 and Rs 1,000...

Black money: Deposits belie expectations of large windfall

New Delhi : The main reason given by the government for demonetising high denomination notes was to curb black money. Various estimates have been...

28% citizens yet to deposit old currency in a bank: Survey

New Delhi : Around 28 per cent of respondents are yet to deposit their old Rs 500 and Rs 1,000 currency notes in the...