Rbi Demonetisation
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Shaktikanta Das: Man Behind GST, Monetary Response During Covid
Shaktikanta Das, who will demit office as the Governor of the Reserve Bank of India on Tuesday, was the key man behind the planning and execution of the demonetisation drive and rollout of the landmark Goods and Services Tax (GST).
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Courts Must Refrain From Delving Into RBI's Monetary Framework: High Court
The Reserve Bank of India (RBI) plays an important role in shaping the country's economy, and courts should refrain from delving into the monetary regulatory framework, the Bombay High Court said.
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RBI Defends Before Delhi High Court Rs 2,000 Banknote Exchange Exercise
The Reserve Bank of India (RBI) today told the Delhi High Court that withdrawal of Rs 2000 notes is not demonetisation but a statutory exercise, and the decision to enable their exchange was taken for operational convenience.
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Your Top 6 Questions On Withdrawal Of Rs 2,000 Notes Answered
The bank clarified that the Rs 2000 notes will continue to be legal tender even after September 30.
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Are Rs 1,000 Notes Coming Back? RBI Governor's Reply
The Reserve Bank of India (RBI) does not have a plan to reintroduce Rs 1,000 bank notes to ease the impact following the withdrawal of Rs 2,000 notes, RBI governor Shaktikanta Das said today, calling reports on the subject "speculative".
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"Typical Of Our...": Congress' Jibe At PM Modi Over Rs 2,000 Notes Withdrawal
The Congress targeted the prime minister on Friday over the RBI announcement on the withdrawal of Rs 2,000 currency notes from circulation, saying the move was "typical of our self-styled vishwaguru" and his method of "first act, second think".
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Produce Demonetisation-Related Records, Supreme Court Tells Centre, RBI
The Supreme Court on Wednesday directed the Centre and the Reserve Bank of India (RBI) to put on record relevant records relating to the government's 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denomination for its perusal.
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Notes Ban Enforced After "Extensive Talks With RBI": Centre To Court
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
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RBI's New Report Aids Trinamool's Demonetisation Dig At PM Modi
Trinamool Congress leader Derek O'Brien took a swipe at Prime Minister Narendra Modi over his claim that demonetisation would push digital transactions and wipe out fake currency
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Love of Cash Hinders India's Move to Digital Economy
India's dependency on cash may slow the country's transition to digital payments despite large numbers of internet and mobile phone users.
-
"Won't Let India Forgive Or Forget": Sonia Gandhi On Notes Ban Anniversary
Congress president Sonia Gandhi sent across a scorching message to the central government on the third anniversary of its demonetisation initiative today, promising to ensure that the people neither forgive nor forget the "Tughlaqi blunder" that had brought the nation's economy to its knees.
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"Majoritarianism Taking India Down Dark, Uncertain Path": Raghuram Rajan
Former Reserve Bank of India governor Raghuram Rajan in his latest criticism seen to be directed at the centre has warned of the ill effects of "divisive, populist majoritarianism". The former RBI governor whose policy thinking differs from that of the government led by Prime Minister Narendra Modi - Mr Rajan is a big critic of demonetisation - has...
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Varnished 100 Rupee Currency Notes To Be Introduced Soon
The Reserve Bank will soon introduce varnished banknotes of Rs 100 denomination on a field trial basis to increase the life of the banknotes and also look at ways to make them disabled-friendly in FY20.
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Aadhaar, Demonetisation Spurred Digital Payments Growth: RBI
After the demonetisation of Rs. 500 and Rs. 1000 notes in 2016 pushed digital payments, Aadhaar-enabled eKYC resulted in exponential growth, according to the RBI.
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"Will End Poverty Without New Taxes": Manmohan Singh Speaks Up For NYAY
Former Prime Minister Manmohan Singh today endorsed the Congress' NYAY scheme, claiming that its promise of providing annual income support of Rs 72,000 to each of India's poorest families will not only restart the nation's growth engine but also stimulate demand in a manner leading to increased economic activity and job creation.
-
Shaktikanta Das: Man Behind GST, Monetary Response During Covid
Shaktikanta Das, who will demit office as the Governor of the Reserve Bank of India on Tuesday, was the key man behind the planning and execution of the demonetisation drive and rollout of the landmark Goods and Services Tax (GST).
-
Courts Must Refrain From Delving Into RBI's Monetary Framework: High Court
The Reserve Bank of India (RBI) plays an important role in shaping the country's economy, and courts should refrain from delving into the monetary regulatory framework, the Bombay High Court said.
-
RBI Defends Before Delhi High Court Rs 2,000 Banknote Exchange Exercise
The Reserve Bank of India (RBI) today told the Delhi High Court that withdrawal of Rs 2000 notes is not demonetisation but a statutory exercise, and the decision to enable their exchange was taken for operational convenience.
-
Your Top 6 Questions On Withdrawal Of Rs 2,000 Notes Answered
The bank clarified that the Rs 2000 notes will continue to be legal tender even after September 30.
-
Are Rs 1,000 Notes Coming Back? RBI Governor's Reply
The Reserve Bank of India (RBI) does not have a plan to reintroduce Rs 1,000 bank notes to ease the impact following the withdrawal of Rs 2,000 notes, RBI governor Shaktikanta Das said today, calling reports on the subject "speculative".
-
"Typical Of Our...": Congress' Jibe At PM Modi Over Rs 2,000 Notes Withdrawal
The Congress targeted the prime minister on Friday over the RBI announcement on the withdrawal of Rs 2,000 currency notes from circulation, saying the move was "typical of our self-styled vishwaguru" and his method of "first act, second think".
-
Produce Demonetisation-Related Records, Supreme Court Tells Centre, RBI
The Supreme Court on Wednesday directed the Centre and the Reserve Bank of India (RBI) to put on record relevant records relating to the government's 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denomination for its perusal.
-
Notes Ban Enforced After "Extensive Talks With RBI": Centre To Court
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
-
RBI's New Report Aids Trinamool's Demonetisation Dig At PM Modi
Trinamool Congress leader Derek O'Brien took a swipe at Prime Minister Narendra Modi over his claim that demonetisation would push digital transactions and wipe out fake currency
-
Love of Cash Hinders India's Move to Digital Economy
India's dependency on cash may slow the country's transition to digital payments despite large numbers of internet and mobile phone users.
-
"Won't Let India Forgive Or Forget": Sonia Gandhi On Notes Ban Anniversary
Congress president Sonia Gandhi sent across a scorching message to the central government on the third anniversary of its demonetisation initiative today, promising to ensure that the people neither forgive nor forget the "Tughlaqi blunder" that had brought the nation's economy to its knees.
-
"Majoritarianism Taking India Down Dark, Uncertain Path": Raghuram Rajan
Former Reserve Bank of India governor Raghuram Rajan in his latest criticism seen to be directed at the centre has warned of the ill effects of "divisive, populist majoritarianism". The former RBI governor whose policy thinking differs from that of the government led by Prime Minister Narendra Modi - Mr Rajan is a big critic of demonetisation - has...
-
Varnished 100 Rupee Currency Notes To Be Introduced Soon
The Reserve Bank will soon introduce varnished banknotes of Rs 100 denomination on a field trial basis to increase the life of the banknotes and also look at ways to make them disabled-friendly in FY20.
-
Aadhaar, Demonetisation Spurred Digital Payments Growth: RBI
After the demonetisation of Rs. 500 and Rs. 1000 notes in 2016 pushed digital payments, Aadhaar-enabled eKYC resulted in exponential growth, according to the RBI.
-
"Will End Poverty Without New Taxes": Manmohan Singh Speaks Up For NYAY
Former Prime Minister Manmohan Singh today endorsed the Congress' NYAY scheme, claiming that its promise of providing annual income support of Rs 72,000 to each of India's poorest families will not only restart the nation's growth engine but also stimulate demand in a manner leading to increased economic activity and job creation.
