Economy - general
Now use old notes for PM’s Garib Kalyan Yojana till 30 Dec
23 Dec 2016
Tax and penalty payments under Pradhan Mantri Garib Kalyan Yojana after the 30 December deadline will have to be made in legal tender or cheques or drafts or in digital made only
India pips Britain to become world's sixth largest economy
21 Dec 2016
India's economy has reportedly overtaken the UK's for the first time in over 100 years on the back of a faster rate of economic growth and the economic slump in the UK after the Brexit vote
Digital economy to substitute parallel economy: Arun Jaitley
16 Dec 2016
Digital transactions will be a parallel mechanism and will not completely do away with cash transactions, but help check black money cash transactions, finance minister Arun Jaitley says
Cash crunch could end by February '17: report
15 Dec 2016
Cash disbursement to the public could touch Rs14 lakh crore by the second week of February — or over 90 per cent of the amount withdrawn from the system on 8 November
Consumer price inflation falls to a 2-year low of 3.63% in November
13 Dec 2016
The cooling of inflation was brought about by a sharp drop in vegetable prices and in part by a cash crunch resulting from the government’s move to demonetise high-value currency notes
Chennai limps back day after Cyclone Vardah left 6 dead
13 Dec 2016
The first 'very severe cyclonic storm' to hit the city and the first cyclone in city since 1994, Vardah left 6 people, including 4 women and a 3-year-old child dead in Chennai and another person in Kanchipuram and left 2,810 trees uprooted
Govt to print plastic currency to foil counterfeiting; scraps all Rs500 notes
09 Dec 2016
The government is working on the introduction of plastic currency notes in its bid to stop counterfeiting of banknotes, even as the abrupt demonetisation failed to drive out bad money from the economy
Govt to print plastic currency to foil counterfeiting; scraps all Rs500 notes
09 Dec 2016
The government is working on the introduction of plastic currency notes in its bid to stop counterfeiting of banknotes, even as the abrupt demonetisation failed to drive out bad money from the economy