Demonetisation was a black day for India’s economy and democracy Says Ex PM Dr Mamnmohan Singh


AHMEDABAD: On the eve of first anniversary of demonetisation, former Prime Minister Manmohan Singh on Tuesday said the note ban exercise and Goods and Services Tax (GST) were “badly designed and hastily implemented.” Calling November 8, 2016 a “black day” for our economy as well as democracy, former Prime Minister Manmohan Singh More...

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By On Friday, November 3rd, 2017

Govt. will not take any coercive action against those who couldn’t deposit old notes: Center tells SC

NEW DELHI : The government on Friday assured in the Supreme Court that it will not take any criminal action for possessing demonetised notes beyond December 31, 2016 against those who have approached the apex court. These More...

By On Tuesday, October 31st, 2017

“The robust rise in India’s rankings from 130 to 100 : World Bank

NEW DELHI : India has moved up 30 places in the latest ease of doing business ranking by the World Bank, as per in its Doing Business 2018 report, which was released on Tuesday. The report ranks India at 100 among More...

By On Sunday, October 29th, 2017

Demonetization anniversary: RBI says still verifying returned old notes

NEW DELHI : Nearly a year after Prime Minister Narendra Modi announced demonetisation, the Rs 500 and Rs 1,000 bills returned to banks are still being “processed in all earnest” through a sophisticated currency More...

By On Saturday, October 28th, 2017

I would have quit as FM if forced to implement do demonetisation

RAJKOT :  Assailing Prime Minister Narendra Modi over demonetisation, senior Congress leader P Chidambaram today said he would have quit as finance minister if forced to implement the measure.He also targeted PM More...

By On Sunday, October 22nd, 2017

GST Rate Need Changes, Will take about a year to stabilise: Revenue secretary

NEW DELHI : With the new GST regime firmly entrenched, a complete overhaul of the tax rates is now required to reduce the burden on small and medium businesses, revenue secretary Hasmukh Adhia has said. In an interview More...

By On Saturday, October 21st, 2017

Linking of Aadhaar with bank account is mandatory : RBI

MUMBAI: The Reserve Bank of India on Saturday clarified that linking of Aadhaar to bank account is mandatory under the Prevention of Money-Laundering (Maintenance of Records). The clarification comes after a section More...

By On Tuesday, October 17th, 2017

India tests American crude oil to cut dependence on Middle East

NEW YORK/NEW DELHI: India is set to emerge as a key market for American crude exports in coming months, as refineries in that country are ramping up “test” purchases of US grades to diversify their imports. More...

By On Thursday, October 12th, 2017

7th Pay Panel brings Diwali bonanza for many

NEW DELHI : The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the revision of pay scales for about eight lakh teachers and other academic staff in higher educational institutions under More...

By RAJEEV RANJAN NAG On Wednesday, October 4th, 2017

Slowdown ‘Exaggerated By Pessimists’, Modi says govt working for India’s future

NEW DELHI :  Prime Minister Narendra Modi today refuted criticism of his government’s handling of the economy, stating a “handful of people” are trying to spread a contagion of pessimism based More...