The Reserve Bank of India (RBI) has infused around 60 per cent of the total banned currency notes after demonetisation. The RBI Governor Urjit Patel told a parliamentary standing committee on finance on Wednesday that the central bank had infused new currency notes worth around Rs 9.2 lakh crore into the system. Currency notes estimated … Read More →
Demonetisation Will Cut Prices, But GDP Growth Will Take a Hit: Manmohan Singh’s Adviser The demonetisation drive will help curb inflation and shore up the fiscal deficit but India can kiss bye to the GDP growth target of 8%, a top economic adviser to former Prime Minister Manmohan Singh told News18. “Finance is like blood … Read More →