Tag: Reserve Bank of India
Money Deposited Will Not Change Colour Automatically: Jaitley
Describing the currency deposited with banks following demonetisation as money that has lost its earlier "anonymity", Union Finance Minister Arun Jaitley on Sunday said such deposits do not automatically become legitimate, and can now be identified with the owner for taxation purposes.....
Achhe Din Will Come When Congress Comes To Power: Rahul
Targeting Prime Minister Narendra Modi over the issue of demonetisation, Congress Vice President Rahul Gandhi on Wednesday said that the 'achhe din' promised by the BJP will come only in 2019 "when Congress comes to power".....
World Bank Cuts Indian GDP Growth For Fiscal To 7%
In its first projection on India post-demonetisation, the World Bank has lowered the country's GDP growth estimate for this fiscal to 7 per cent, from its earlier estimate of 7.6 per cent made in June last year.....
BJP Believes In Ideology Of Fear: Rahul Gandhi
Congress Vice President Rahul Gandhi on Wednesday attacked the BJP, accusing it of spreading "fear" wherever it is in power in the country.....
Second Phase Of Anti-demonetisation Stir From Thursday Said Congress
The Congress said it will launch its second phase of "Jan Vedna Abhiyaan", its nationwide agitation against demonetisation from January 12 and this will g on till February 20.....
Over 99% Of Demonetised Notes Back With RBI
Over 99 per cent of the Rs 15.3 lakh crore taken out of circulation through demonetisation in November 2016 has returned to the Reserve Bank of India (RBI), the central bank announced on Wednesday.....
RBI Holds Repo Rate, But Changes Stance To 'calibrated Tightening'
Belying market expectations of a hike, the RBI on Friday held its key lending rate unchanged in the context of an uncertain global economic scenario but turned hawkish, moving to a "calibrated tightening" from the "neutral" stance it has maintained over its six previous policy reviews.....
Shaktikanta Das Takes Over As RBI Governor
Former Economic Affairs Secretary Shaktikanta Das on Wednesday assumed charge as RBI Governor after Urjit Patel abruptly resigned from the post amidst a tiff with the government on the central bank's autonomy.....
Modi Accused Of Holding Rally On Scamster's Ground
West Bengal Chief Minister Mamata Banerjee on Thursday alleged that Prime Minister Narendra Modi's election rally in Bengal's Mathurapur constituency was held at a ground which belongs to the owner of an illegal microfinance company.....
PMC Effect: Deposit Insurance Raised To Rs 5 Lakh
In a major relief to the common man, the Finance Minister on Saturday announced to raise the insurance cover on bank deposits to Rs 5 lakh from the current Rs 1 lakh.....
