-The New Indian Express According to the central bank’s RTI reply, 3,542.991 million notes of Rs 2,000 were printed during the financial year 2016-17. NEW DELHI: Have you been wondering why the ATMs have been barely dispensing Rs 2,000 notes for last few months? That’s because the printing of the high-value note has been stopped, the Reserve Bank of India informed this newspaper in reply to an RTI query.     The Bharatiya Reserve Bank...

-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...

In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...

-The Hindu Three agencies have come up with varying figures, ranging from 7-120% of GDP, it said The Standing Committee on Finance has shied away from estimating the quantum of Black money in and outside India, saying that different methods by various agencies are yielding vastly differing figures. The Standing Committee relied on three institutes — the National Institute of Public Finance and Policy, the National Institute of Financial Management and the...

-PTI NEW DELHI: The government has declined to share information on Black money cases received from Switzerland, citing confidentiality. Replying to an RTI query, the Finance Ministry said India and Switzerland share information on Black money on a case to case basis as per the investigations being carried out. It is an ongoing process, it added. "The information shared by Switzerland on Black money cases is governed by confidentiality provisions," it said in...