Demonetisation | The Asian Age

Thursday, Apr 18, 2024 | Last Update : 10:49 AM IST

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The growth of the country’s Gross Domestic Product (GDP) declined to five per cent in the April-June quarter of the current financial year.

After ignoring warnings, govt can’t play hardball

utomobile sales are in decline for several months.

12 Oct 2019 12:00 AM

Fact is the slowdown is due to Demonetisation and poorly implemented GST - they must accept it & remedy it," the Congress said. (Photo: PTI/File)

Priyanka Gandhi slams govt over plans for '100 days celebration'

She made the remarks on Twitter, sharing a media report highlighting the problems being faced by the auto industry.

07 Sep 2019 3:18 PM

Manmohan Singh said it is particularly distressing that the manufacturing sector's growth is tottering at 0.6 per cent. (Photo: File)

State of economy deeply worrying: Manmohan Singh

Former PM Manmohan Singh said the last quarter GDP growth rate of 5 per cent signals that 'we are in midst of a prolonged slowdown'.

01 Sep 2019 11:07 AM

According to Jairam Ramesh, in 2003 the Chief Minister of Gujarat, now the Prime Minister had come to Planning Commission (now Niti Aayog) and faced uncomfortable questions on the state of health, education and social development in the state. (Photo: RSTV)

PM 'taking revenge' for his embarrassments by amending RTI: Jairam Ramesh

RBI had rejected because of two of its key justification -- elimination of black money and counterfeit notes.

26 Jul 2019 11:00 AM

Congress leader Rahul Gandhi on Friday said he is thankful to his opponents in the RSS and the BJP for providing him with opportunities to take his ideological battle against them to the public. (Photo: File)

Thankful to BJP-RSS for opportunities to take ideological battle to people: Rahul

Cong leaders had claimed that bank was involved in 'scam' to swap Rs 750 crore in scrapped notes with valid currency after demonetisation.

12 Jul 2019 3:14 PM

The demonetisation decision in the first term of the Modi government in 2016 had created a huge controversy. (Photo: Twitter/ ANI)

No study on effect of note-ban: FM Nirmala Sitharaman

This was disclosed by Finance Minister Nirmala Sitharaman in reply to a question by Congress member Digvijaya Singh in the Rajya Sabha.

02 Jul 2019 7:53 PM

Growth of digital transactions in terms of value has increased to 188.07 lakh crore in September 2018 from 112.27 lakh crore in November 2016.

Currency in circulation rises 22 pc in May over pre-demonetisation level

Notes in circulation as on Nov 4, 2016 were Rs 17,74,187 cr, which have now increased to Rs 21,71,385 cr as on May 31, 2019.

25 Jun 2019 7:16 PM

For farmers, the BJP in its manifesto had promised a new pension scheme for all small and marginal farmers in the country to ensure that they get social security on reaching the age of 60.

Agriculture, SME sectors govt’s top priority

The BJP had also promised to start a scheme on the lines of Kisan Credit Cards for merchants, who will be given merchant credit cards.

27 May 2019 4:07 AM

According to ED, accused Mohit Garg, Nitin Gupta, and Rajeev Singh Kushwaha used to collect demonetised form of currency from different persons and deposited them into the account of shell firms/ companies operated by Rajeev Singh Kushwaha.

ED attaches property worth over Rs 2 crore in Axis Bank demonetisation case

According to officials Mohit Garg and Rajeev Singh Kushwaha illegally earned a commission at 15 pc of total amount deposited.

13 May 2019 7:51 PM

Modi promised Indians that 'acche din' (good days) were coming. (Photo:AP)

Analyzing Narendra Modi's performance on the Indian economy

Prime Minister Narendra Modi has had mixed successes in delivering on his promises.

10 May 2019 12:04 PM

'When the Congress government comes to power, no farmer will be sent to jail for not repaying bank loans,' he said. (Photo: File)

If Cong comes to power, no farmer will be jailed for not repaying loans: Rahul in MP

Gandhi blamed the NDA government's decisions of demonetisation and implementation of GST for 'large-scale unemployment' in the country.

30 Apr 2019 2:31 PM

Prime Minister Narendra Modi (Photo: ANI)

Congress’ intent corrupt, leadership confused: Modi

Modi said that the demonetisation was opposed by hoarders of black money and their well wishers.

27 Apr 2019 1:20 AM

Gandhi said 'acche din ayenge' slogan has now been replaced by 'chowkidar chor hai'. (Photo: File)

'Ache din' now replaced with 'chowkidar chor hai': Rahul in Rajasthan

The Congress president said if his party is voted to power, GST will be simplified.

25 Apr 2019 1:40 PM

He also wondered whether the prime minister will speak on top issues concerning the people before campaign ends. (Photo: File)

Tired of listening to PM beat his own trumpet on Pak: Chidambaram

Chidambaram said people also want to hear him (Modi) speak about issues such as demonetisation and hate speeches.

24 Apr 2019 9:59 AM

The report also concluded that women faced higher unemployment rates and lower labour force participation rates.

50 lakh men had lost jobs after demonetisation, claims study

The State of Working India 2019 report said that unemployment in the country has risen steadily since 2011.

18 Apr 2019 1:08 AM

A government report which was leaked in January this year also recorded that the unemployment rate in India rose to a 45-year high in 2017-2018.

After demonetisation, 50 lakh lost jobs over 2 years: Report

The overall unemployment rate was pegged at around 6 per cent in 2017-2018, as per leaked NSSO report.

17 Apr 2019 12:25 PM

HDFC Bank MD Aditya Puri backed the Narendra Modi government's endeavour to promote digitisation in the banking system asserting that it is one of the best things to have happened in India.

Demonetisation good for economy in the long run: HDFC's Aditya Puri

Puri said the demonetisation has brought more money into the financial system which will boost economy on long-term basis.

01 Apr 2019 2:26 PM

Yechury said, 'We know how jobs and lives were destroyed by notebandi'. (Photo: File)

Demonetisation was to 'whitewash' black money: Sitaram Yechury

'Claims like 'cashless' economy also have turned out to be false and misleading Jumlas', Yechury tweeted.

22 Mar 2019 2:33 PM

The RBI board was assured that the government would take mitigating measures to contain the use of cash, it said. (Photo: File)

RBI warned noteban's short-term impact; no effect on black money

The board had met just two-and-a-half hours before PM Modi's announcement of demonetisation to the nation.

11 Mar 2019 4:53 PM

Notwithstanding his differences with BJP, Shatrughan Sinha said that he will not change his constituency in the coming Lok Sabha election. (Photo: File)

Will contest from Patna Sahib, irrespective of any situation: Shatrughan

Sinha held a meeting with SP chief Akhilesh Yadav in Lucknow, giving rise to speculation of his wife entering active politics from UP.

03 Mar 2019 3:36 PM

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Syed Ata Hasnain