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REMONETISE INDIA
RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulationReserve Bank of India's spending on printing money dropped significantly. This happened even as the total value of currency in circulation ...- Government's own advisers have admitted economy in deep mess: Rahul GandhiGandhi also said the Congress had been cautioning about the state of the economy for long.
- RBI squeezing circulation of Rs 2000 currency notesThere were reports of illegal hoarding of the Rs 2000 bank notes after it was introduced to remonetise the withdrawn Rs 500 and Rs 1000 ban...
- RBI says it's comfortable with currency in circulationTotal currency in circulation was Rs 15.41 lakh crore on July 28, according to central bank data, about 86 percent of the amount on Novembe...
- GDP growth in June quarter to be around 6.6% in India: NomuraAccording to Japanese financial services major Nomura, the pick-up in growth which was visible toward end-of March quarter had lost some mo...
- No shortage of cash: Deputy governorThe regulator has replaced more than 100% of cash in terms of number of notes.
- The ABC of remonetisation: India's China momentIn 1980 India and China were almost equal in GDP. By 2016 India has become less than 20% of China. There are many reasons why China has lea...
- NBFC cash loan against gold restricted to Rs 25,000The earlier provision for NBFC was that high value loans against gold of Rs 1 lakh and above must only be disbursed by cheque.
- Currency in circulation at two thirds the pre-note ban levels in early NovemberTotal currency in circulation amounted to Rs 11.98 lakh crore, as of March 03,’17, according to the latest reserve money data released by t...
- Keen to turn demonetisation into remonetisation: PepsiCo’s Indra NooyiMost consumer goods firms across sectors had reported subdued sales in the October-December ’16 quarter, which they attributed to the curre...
- Demonetisation has hit India's industrial production, admits Arun JaitleyIndustrial production contracted to 4-month low of 0.4% in December with consumer durables output plummeting by over 10% and an overall mfg...
- Will RBI cut repo rate on February 8?Inflation worries and the remonetisation exercise may delay the rate cut in upcoming monetary policy meet, unless the central bank is in a ...
- India's GDP growth likely at 7.1% in 2017-18: HSBCOn December 7, the central bank kept interest rate unchanged despite calls for lowering it and also lowered the economic growth projection.
- Economy poised for good growth in quarters ahead: Industry captainsMinister for Power, Coal, Renewable Energy and Mines Piyush Goyal endorsed the initiative of Times Network, part of India’s top media congl...
- Terrorism in J&K due to mishandling by Nehru: MoS Jitendra SinghSingh said Pak-sponsored terrorism in J&K is a cumulative effect of a series of misdoings of the past six decades beginning from the the fi...
- Currency-to-GDP ratio to reach 9 per cent by March end: Nomura"In our view, this will be sufficient to stabilise activity since some part of the earlier cash was hoarded and partly due to a larger digi...
- No gap in Urjit Patel, RBI note figuresSources in the RBI said that the apparent discrepancy has arisen because the number shared by RBI was the data gathered on notes in circula...
- ‘Remonetise India - A Citizen's Pledge’ has been kicked off by TIMES NETWORKMumbai, January 15, 2017: TIMES NETWORK, the broadcast arm of the Times Group initiated, 'Remonetise India - A Citizen's Pledge', a nationw...
- Banks, ATMs are cashless despite FM's assurancesATM operators said that banks, on an average, used to ask them to load Rs 25-30 lakh per ATM. But now, it has fallen to single digit since ...
- Remonetisation: Success depends on tax complianceRemonetisation will not change India unless the mindset of Indians changes towards tax payment. Higher tax collection can lead to a soverei...
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