Monday , April 22 2019

Tag Archives: Demonitisation

Arun Jaitley: Demonetisation, GST has put economy on ‘stronger track’


Arun Jaitley said there is an accord on reforms in India and the government had convinced people that domestic investment is short. Washington: The sequence of reforms originated by the Modi government like demonetisation and GST has put the Indian economy on a “far stronger track”, Arun Jaitley, Union Finance Minister ...

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ATMs may stay dry next week in Hyderabad


Hyderabad city has about 1,000 onsite and 500 offsite ATMs of which just about 20 percent had cash till Friday. Hyderabad: Most of the ATMs might continue to be dry next coming week, subsequent three bank holidays on Saturday, Sunday, and Monday, experts stated. Messages on investors’ Whatsapp groups said that ...

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Finance Minister Confirms, “No Shortage of Banknotes in the Market”


Finance Minister Arun Jaitly appreciated the work done by the printing presses of RBI and SPMCIL in Circulating Banknotes to the Market.   Union Finance Minister Arun Jaitley announced that there is absolute normalcy in the market and there is no shortage of notes in market. This is observed within ...

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Demonetisation effects  fixed deposits, loans against stocks


Demonetisation had affected the small-scale companies and stock market largely in the last December 2016 . The people who are the borrowers of fixed deposits and stocks kept out of the way due to cash ban. The recent data from Reserve Bank of India indicates that the deposits and loans ...

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Demonetisation could spark a new digital economy in India


Demonitisation have become an unexpected boon for Paytm and MobiKwik. As a historic opportunity to pull out evils in the nation’s shadow economy, the Indian prime minister, Narendra Modi, has proclaimed that all 500 and 1000 rupee notes have been taken of their status as legal tender, as his party ...

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Aamir Khan slams reports for Dangal weight loss


Aamir Khan recent video of intense weight transformation for his role had gone viral. Hyderabad: Aamir Khan is out with his newest movie ‘Dangal, which is fixed to smash the theatres on 23 December. He essays the characters of Mahavir Singh Phogat in the film, directed by Nitesh Tiwari. ‘Dangal’ has ...

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Income Tax finds Rs 2,600 Crore Undisclosed Income


Income Tax department has carried out searches in 291 cases across the country and survey in 295 cases since November 8. New Delhi: Income Tax (IT) Department attacks from demonetisation has caused in people disclosing Rs.2, 600 Crores in unaccounted money and also led in seizure of Rs.400 Crores in ...

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Will RBI go for a 50 bps rate cut on Wednesday?


RBI below new governor Urjit Petel suddenly reduced the repo rate by 25 basis points to 6.25 per cent from 6.50 per cent.   The policy assessment was first decision on repo rate fixed by the newly made Monetary Policy Committee (MPC) set up on the outlines of Federal Open ...

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Whitewashing Tollywood


Tollywood stars paychecks and film budgets is not affected by Demonetisation, say insiders Currently, the whole thing in the film industry is answerable for. Whereas the producers can’t hide film budgets and collections like before, some feel the cost of production might come down with the new demonetisation. Though most ...

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