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News
India demonetisation
India demonetisation News
Demonetisation
29 Nov 2018
True feelings, finally: Congress targets Modi as Arvind Subramanian slams DeMo
The former CEA says he does not think anyone disputes that demonetisation slowed growth.
Demonetisation
29 Nov 2018
Demonetisation a massive, draconian, monetary shock: Arvind Subramanian
Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra Modi, he says that he does not have a strongly-backed empirical view apart from the fact that the welfare costs, especially on the informal sector, were substantial.
Arun Jaitley
08 Nov 2018
FM justifies Demonetisation, says Indian economic system needed a shake-up
Refusing claims that almost the entire cash money got deposited in the banks, Jaitley in a Facebook post wrote that confiscation of currency was not an objective of Demonetisation.
PM Narendra Modi Live
27 Mar 2019
PM Modi's demonetisation speech on 8 November 2016: Read full text
Read the full text of Prime Minister’s address to the nation on 8 November 2016.
Demonetisation
08 Nov 2017
PM Narendra Modi's full speech during which he announced demonetisation - Watch
Prime Minister Narendra Modi in a surprise televised announcement on the evening of November 8, 2016 said that the 500 and 1,000 rupee notes would cease to be legal tender.
Demonetisation
07 Nov 2017
A year after demonetisation – Read Arun Jaitley's full post
Prime Minister Narendra Modi announced the scrapping of Rs 500 and Rs 1,000 notes on November 8 last year, in a surprise move.
India's economic momentum
11 Oct 2017
Cash disruption, GST uncertainties affected India's economic momentum: World Bank
A slowdown in India's growth rate, the bank said, has also affected the growth rate of South Asia.
Digitisation
05 Oct 2017
Surge in digitisation an outcome of RJio not demonetisation: Paytm CEO
The jump in digitisation witnessed in India is not an outcome of demonetisation but because of Reliance Jio's onslaught on data prices, Paytm founder and CEO Vijay Shekhar Sharma said.
Prime Minister Modi
25 May 2017
PM Modi's demonetisation move gave Rs 5 lakh crore advantage to Indian economy: Report
PM Modi on November 8 last year had announced demonetisation of Rs 1,000 and Rs 500 notes in a major assault on black money, fake currency and corruption.
Services PMI
05 Dec 2016
India's services sector contracts on cash shortage; worst in 3 years
The Nikkei India Services Purchasing Managers' Index (PMI), which tracks services sector companies on a monthly basis, stood at 46.7 in November, down from 54.5 in October. A reading above 50 means the sector is expanding while a score below this mark signals contraction.
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