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The Truth About Demonetisation -Prabhat Patnaik

-Newsclick.in After months of dilly-dallying the Reserve Bank of India has finally come out with the figure that nearly 99 percent of the currency notes demonetised in November 2016, came back to the Banking system. After months of dilly-dallying the Reserve Bank of India has finally come out with the figure that nearly 99 percent of the currency notes demonetised in November 2016, came back to the Banking system. The total value...

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At 5.7%, Q1 GDP growth slumps to 3-year low -KR Srivats

-The Hindu Business Line Uncertainty over GST and related de-stocking hit industrial sector in Q1, says Anant New Delhi: Three key macro-data points released on Thursday presented a worrying picture of the economy, adding credence to the Reserve Bank of India Monetary Policy Committee’s recent fears of slower growth. The keenly-awaited first-quarter GDP growth number came in at 5.7 per cent, a three-year low and far lower than the 7.9 per cent GDP...

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Major pvt. hospitals give handsome commission to doctors & smaller hospitals for referrals: Cobrapost Expose

-Cobrapost Press Release Cobrapost unearths a thriving racket in which all major private hospitals hand out handsome commission to doctors and smaller hospitals for referrals, at the expense of patients New Delhi: In a long investigation Operation White Coat spanning three mega-cities of Delhi-NCR, Mumbai and Bangalore and covering 20 major private multi-specialty hospitals, Cobrapost has unearthed a racket of referrals in which these hospitals offer commission ranging between 10 and 30...

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Demonetisation coin falls on Narendra Modi government's head, leaves behind a large bump -Sandipan Sharma

-Firstpost.com The Narendra Modi government seems to have inherited Amitabh Bachchan's famous coin from Sholay. For, whichever way it falls, the government claims it has won. Its latest spin on demonetisation is yet another example of the government's 'heads we win, tails we win' arrogance. But, economy is not cinema. So, don't believe for a moment that the government was expecting almost all of the demonetised currency to return to the Reserve...

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Demonetisation: Figure may hit 100% if 'pipeline' collections taken into account, say officials -Ritu Sarin

-The Indian Express Demonetisation: The “pipeline” demonetised collections, according to these officials, include Banned notes lying with citizens in Nepal as deliberations between the RBI and the Nepal Rashtra Bank (NRB) for the exchange of such notes did not fructify. New Delhi: On a day when the Reserve Bank of India (RBI) released the data for collected demonetised currency, top RBI officials told The Indian Express that the figure could creep closer...

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