Category: Demonetization

Almost a year on, India’s ban on large-denomination bills has been deemed a “total failure.” That’s not quite fair. True, the primary goal of flushing

Former finance minister and Congress leader P Chidambaram today yet again trained his gun on the Modi government saying that “Demonetisation was a wrong decision

Demonetisation has led to much pain. Prime Minister Narendra Modi had promised that the pain would last only for 50 days, but would benefit the

Both the annual report of the Reserve Bank of India (RBI) and the gross domestic product (GDP) data for the first quarter of 2017-18 came

The failure to stop dodgy cash coming back into the banking system after demonetisation has likely burdened the Reserve Bank of India with additional interest

Economist and former RBI governor Raghuram Rajan speaks to HT about the impact of demonetisation, the benefits of GST, Indians’ knack for ‘jugaad’ and working

Arun Kumar Demonetisation as a means of tackling the black economy was destined to fail. It was carried out on the incorrect premise that black

India’s economic activity lost momentum in the June quarter and critics blamed GST as well as demonetisation for the slip, but its weak investment demand

In a veiled dig at the government, former RBI Governor Raghuram Rajan today said it is always better to under-promise and over-achieve than to face

Demonetisation of the old Rs 500 and Rs 1,000 notes — specified bank notes (SBN) henceforth — accounting for over four-fifth of currency in circulation

Written by Devendra Kumar Pant GDP growth in the first quarter of 2017-18, at 5.7 per cent, was way lower than consensus estimates by Reuters

प्रत्येकाला आपापली मते जपण्याचा अधिकार असतो, पण तथ्ये मात्र प्रत्येकाची आपापली असू शकत नाहीत. अशी आकडय़ांवर आधारलेली तथ्ये अखेर आता बाहेर आली आहेत. रिझव्‍‌र्ह बँकेने

Written by Devendra Kumar Pant GDP growth in the first quarter of 2017-18, at 5.7 per cent, was way lower than consensus estimates by Reuters

वाया गेलेला इशारा पाचशे आणि एक हजार रुपयांच्या बाद केलेल्या नोटांपैकी ९९ टक्के नोटा परत आल्याचे रिझर्व्ह बँकेने जाहीर केल्यानंतर नोटाबंदीच्या फलश्रुतीचा विषय पुन्हा ऐरणीवर

प्रत्येकाला आपापली मते जपण्याचा अधिकार असतो, पण तथ्ये मात्र प्रत्येकाची आपापली असू शकत नाहीत. अशी आकडय़ांवर आधारलेली तथ्ये अखेर आता बाहेर आली आहेत. रिझव्‍‌र्ह बँकेने

By Unni Krishnan The man who predicted the 2008 global financial crisis also presaged the damage Prime Minister Narendra Modi’s unprecedented cash ban would cause

Certainly, the government’s move to try and reduce the amount of black money in the economy through various measures is an important one, Rajan said….