New Delhi: The much-hyped demonetisation by Prime Minister Modi-led government has cost the country a whopping 35 lakh jobs. The MSME sector of the country has been the primary looser of the govt’s decision to demonetise the high value notes.
New Delhi: The ghost of demonization has resurfaced to haunt Modi just ahead of poll. In a stunning Revelation,, it has been revealed that the reserve Bank of India (RBI) board had warned about the short-term negative effect of demonetization on growth and had noted that it would have no material impact on the campaign against black money.
In a major decision ahead of poll, the Reserve Bank of India (RBI) on Wednesday in its last bi-monthly Monetary Policy of 2018-19 slashed the Repo Rate by 25 basis points from 6.50 per cent to 6.25 per cent.
New Delhi: In a major sop to the middle class, the interim Finance Minister Piyush Goyal today exempted up to Rs. 5 lakh from paying income tax
Several MPs and activists have written to Prime Minister Narendra Modi, urging him to strengthen the Mahatma Gandhi National Rural Employment Gurantee Act (MGNREGA), a statement said Friday.
New Delhi: The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the scheme of amalgamation for amalgamating Bank of Baroda, Vijaya Bank and Dena Bank, with Bank of Baroda as the transferee bank and Vijaya Bank and Dena Bank as transferor banks.
Bengaluru: Odisha which is considered as the most happening states in the country has figured among the best performing states in Startup ranking 2018.
The Bhubaneswar Infosys Ltd Development Centre bagged the prestigious Odisha State Energy Conservation Award (OSECA) for the 4th time in a row.
Chief Minister Naveen Patnaik today congratulated Shaktikanta Das on appointment as Governor of Reserve Bank of India.
Chinese handset maker OnePlus will join the growing roster of handset makers rolling out their 5G smartphones with a flagship device next year, featuring the latest Qualcomm Snapdragon 855 mobile platform.
An onion-grower from Maharashtra who had to sell his produce for little over Rs 1 per kg has sent his earnings to the Prime Minister to mark his protest.
New Delhi: Goods and Services (GST) collection in November dropped to Rs 97,637 crore, lower than Rs 1 lakh crore collected previous month.
In a shocking revelation, former Chief Economic Advisor Arvind Subramanian termed Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8 per cent in the seven quarters after it against the 8 per cent recorded prior to the note ban.
New Delhi: Binny Bansal, Co-founder and CEO of India’s one of the leading e-commerce companies Flipkart has resigned from the company. Bansal has stepped down in the wake of allegations of “serious personal misconduct” against him.
In what could be seen as a scratching attack on the Modi government for its controversial demonetization and the Goods and Services Tax (GST) moves, former RBI Governor Raghuram Rajan said on Friday that India’s economy growth was hit hard by the note bans and the GST last year.
On the second anniversary of the Modi Sarkar’s demonetisation drive that abolished Rs 500 and 1000 notes overnight on November 8, 2016, former Prime Minister Manmohan Singh on Thursday made a scathing attack on BJP led Government and said while time heals a lot of wounds, in case of notebandi’, the wounds are only getting more visible.
New Delhi: The State Bank of India (SBI), the largest public sector lender in India, has posted a 69 per cent decline in consolidated net profit to Rs 576.46 crore in the second quarter ended September 30.
San Francisco: The first 5G iPhone is likely to use an Intel modem, the 8161, and it could hit the stores in 2020, according to a report in the Fast Company.
San Francisco: Social networking giant Facebook has apologised after letting an ad campaign target its users interested in "White genocide conspiracy theory".
Seattle (Washington state): For Microsoft CEO Satya Nadella, quantum computing is among three technologies -- the other two being Artificial Intelligence (AI) and Mixed Reality -- that will soon disrupt the status quo, impacting our lives, communities and economies.