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About 78 results for "saumitra chaudhuri"

India's currency shortages will stay for months

BySaumitra Chaudhuri As on March 31, 2016, 86% of the value of currency notes issued were in denominations of Rs 500 (48%) and Rs 1,000 (39%), involving 1,571 crore pieces of Rs 500 and 633 crore pieces ofRs 1,000 denomination respectively. ... Economic Times, 3 weeks ago

Why weren't currency notes printed abroad?

Email this Print Why didn't the government or the Reserve Bank of India (RBI) consider printing the new Rs 500 and Rs 2,000 notes at foreign printing presses as a means of overcoming the current shortage of new notes? According to senior banking ...
 Smart Investor32 minutes ago
Business Insider India

Indian Govt's latest claim on demonetisation: Situation will normalise within 10-15 days

The Indian government seems clueless on by when the cash crunch situation, risen from demonetization, will ease. Recently, Finance Minister Arun Jaitley had said it will take at least one to two quarters for the demonetization effect to cool down. ...
 Business Insider India1 day ago
Firstpost.com

Stranded trucks, unpaid workers: India Inc counts cost of cash crunch

A labourer sleeps on baskets of unsold tomatoes at a wholesale market in Manchar village in the western state of Maharashtra, India, November 16, 2016 By Suvashree Choudhury and Rajesh Kumar Singh Like millions of Indians fed up with corruption ...
 Daily Mirror Sri Lanka1 day ago Cost of currency ban: Unpaid workers, cancelled bills  MSN News US2 weeks ago Demonetisation: How cash drought at India Inc resulted in stranded trucks, unpaid workers  Firstpost.com2 weeks ago Cost of demonetisation for India Inc: Stranded trucks, unpaid workers, cancelled bills  Business Standard India2 weeks ago
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Visa And Mastercard: An In-Depth Study Of The Indian Payments Market

Introduction: In a bid to curb the spread of black money, the 500 and 1,000 Indian rupee notes will cease to be legal tender from the 9th of November in India. The move by Prime Minister Narendra Modi seeks to recover illegal income and curb tax ...
 Seeking Alpha4 days ago
Gulf Times

Currency recall weighs on India's growth and corporate earnings

Indian Prime Minister Narendra Modi's surprise move to recall rupee bills of 500 ($7.3) and 1000 denominations has thrown into turmoil the $2n-plus economy in which cash transactions account for a huge 90% of the total. The masterstroke was targeted ...
 Gulf Times2 weeks ago India Needs More Time to Replace Stock of Junk Bills  Bloomberg3 weeks ago Respite from cash crisis unlikely to come before 6 months. Here's why  Economic Times3 weeks ago India needs six more months to replace junk bills  Times of Oman3 weeks ago
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Millennium Post

Scratching the surface

22 November 2016, New Delhi, Salim David Salim David break downs a few common myths about demonetisation. With the November 8 demonetisation announcement, the entire country has been thrown into a tizzy. All kinds of information and ...
 Millennium Post2 weeks ago View: Eight myths of demonetisation  Economic Times2 weeks ago Some facts of demonetisation  Day After India2 weeks ago Scratching the surface: Eight myths of demonetisation (Comment: Special to IANS)  News Track India2 weeks ago
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International Business Times India

Demonetisation row: New notes will take six months to recirculate into economy, not fifty days, says eminent economist

Calculations based on government data suggests that it is unlikely that the government will be able to deliver on Prime Minister Narendra Modi's promise to resolve the cash crunch in fifty days. In fact, the maths, based on capacities of the ...
 International Business Times India3 weeks ago
Livemint.com

Replacing scrapped Rs500 and Rs1,000 notes may take six more months

Delays in replacing the currency risk prolonging the pain in the $2 trillion economy, where about 98% of consumer payments are made in cash Mumbai: For people expecting respite from the government's clampdown on cash, here's a reality check: it ...
 Livemint.com3 weeks ago

Space to create efficient entrepreneurs shrinking in India, feels P. Chidambaram

25 years of India's liberalisation Calling business establishments like Infosys, GMR, GVK, Wipro etc. as children of 1991 reforms, former Union Minister and Congress's Member of Parliament P. Chidambaram said now the space to create efficient ...
 Observer Research Foundation3 weeks ago
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