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1-10 results from 1000 for query «demonetisation»

6 January, 2019 12:11 PM Nepal Writes To RBI To Declare New Indian Currency Legal In The Country

Nepal has asked the RBI to declare newly circulated Indian currency notes of denominations higher than Rs 100 legal tender in the country, according to media report on Sunday. The Nepal Rastra Bank (NRB), the country's central monetary authority, wrote a letter on Friday to the Reserve Bank of India (RBI), asking it to make Indian bank bills Rs 200, Rs 500 and Rs 2,000 legal 108

4 January, 2019 9:23 AM Government indicates printing of Rs 2000 note stopped for now; sufficient currency in circulation

New Delhi: The government on Friday indicated that printing of Rs 2,000 bank notes, introduced post-demonetisation in November 2016, has been stopped for now as there is enough stock in circulation. In a tweet, Economic Affairs Secretary Subhash Chandra Garg said printing of notes is planned as per the projected requirement. "We have more than adequate 88

2 January, 2019 12:04 PM Extend loan restructuring scheme to MSMEs not yet registered under GST

The RBI on January 1 allowed a one-time restructuring of the existing debt of up to Rs 25 crore for the companies that have defaulted on payments but their loans have continued to be classified as standard assets. The MSME sector on January 2 demanded the RBI's loan restructuring scheme be also extended to the companies not yet registered under the goods 92

2 January, 2019 11:13 AM Direct tax-GDP ratio of 5.98% during FY18 best in 10 years: FinMin

New Delhi: The direct tax-to-GDP ratio of 5.98 percent achieved during 2017-18 fiscal is the best in the last 10 years, the finance ministry said Wednesday. The ministry said the larger purpose of demonetisation was to move India from a tax non-compliant society to a compliant society and the impact of note ban has been felt on collection of personal 79

1 January, 2019 1:36 PM Demonetisation was not a 'Jhatka', had warned people a year earlier: PM Modi

Modi said that if people had kept black money, they could deposit it, pay penalties and be helped out. New Delhi: Prime Minister Narendra Modi on Tuesday said that the decision to ban old Rs 1000 and Rs 500 notes was not a 'Jhatka' (shock or sudden blow), adding that he had warned people a year earlier. In an interview to news agency ANI, Modi said, “ This (Demonetisation) 76

1 January, 2019 12:59 PM "Triple Talaq Issue Is Not About Religion. But Gender Justice," Says PM: Highlights

PM Modi On New Year's Day: Taking a jibe at the opposition, PM Modi said that 2019 elections will be "grand alliance versus the people". Prime Minister Narendra Modi spoke to news agency ANI today on BJP's loss in assembly elections in five states, resignation of Urjit Patel from the Reserve Bank of India, demonetisation, among other important political 184

31 December, 2018 7:19 AM Maoist Pamphlets Claim Money Deal With Bihar BJP Leader After Notes Ban

Maoists attacked the home of BJP leader Rajan Kumar Singh, set a house and 10 vehicles on fire. His 55-year-old uncle, Narendra Singh, was shot dead. A Maoist attack in Bihar's Aurangabad which cost a life, was the fallout of a deal with a BJP lawmaker - one to exchange banned currency notes to the tune of RS 5 crore after demonetisation two years ago, the rebels 91

27 December, 2018 5:31 AM 2019 to be year of low volatility, low return; immediate Nifty target at 11,800: Narnolia

Shailendra Kumar of Narnolia FInancial Advisors said forthcoming general election will impact market volatility but not the return. The year 2019 is starting with a highly pessimistic backdrop that spans asset classes and geographies. During the last few months, major equity indices have fallen 15-25 percent from their respective peaks. US equity index 122

19 December, 2018 4:56 PM Assam To Deposit Rs 2,500 in 7 Lakh Bank Accounts Of Tea Garden Workers

The Assam government on Wednesday announced that it would deposit Rs 2,500 each to over seven lakh bank accounts of tea garden workers that were opened just after the notes ban two years ago. This amount is the second installment of the Rs 5,000 incentive announced in the budget for 2017-18 last year. "The state government approved release of Phase-II 73

18 December, 2018 2:19 PM Banknotes' printing cost rose to nearly Rs 8,000 cr in DeMo year: Govt

The expenditure on printing of notes during 2015-16, the year prior to demonetisation, was Rs 3,421 crore. The cost of printing currency notes escalated to Rs 7,965 crore in 2016-17, the year when the government had banned the high-value 500 and 1,000 rupee bills, the government informed Parliament on December 18. Also, the printing cost came down to a substantial 85