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The IMF said that post demonetisation, India's growth is projected to rebound to 7.2 percent in the fiscal year 2018 and further to 7.7 percent the next year.
Demonetisation's impact on black money and corruption has been negligible as per available data, Yaga Venugopal Reddy said.
The IMF today trimmed India's annual growth forecast by 0.4 percentage points to 7.2 per cent for 2017, citing the impact of demonetisation.
Some of the prominent townships include those of state-owned Oil and Natural Gas Corp (ONGC), NTPC, SAIL and BHEL, as also those of cooperative firms like IFFCO and KRIBHCO.
Travelling on a tight budget seems to the trend this summer, as holidaymakers struggle to fund their vacation in the aftermath of demonetisation.
The Supreme Court today said that it would hear after summer vacation a batch of pleas seeking a grace period for exchanging demonetised currency notes.
Committee on Subordinate legislation in its report expressed its anguish that such a major exercise has been carried out without any adequate research on the needs of the different sectors of economy.
The Election Commission had last night cancelled the April 12 bypoll to the R K Nagar Assembly constituency in Tamil Nadu.
CBI probe finds SBI branch opened 2,000 fresh accounts post-demonetisation, allegedly to channelise black money
CBI has now registered an FIR against unknown bank officials and unknown persons for criminal conspiracy, cheating and corruption.
Kiren Rijiju said it was not possible for forgers to copy all security features of the new currency notes in Rs 500 and Rs 2,000 denominations.
Rs 6.2 crore FICN seized from States post-demonetisation, Gujarat tops list with Rs 5.7 crore seizure
While the state police seized FICN with a face value of Rs 1, 26, 62,000 from Gujarat, the NIA seized Rs 4,49,58,000 in Rs 2,000 denomination from the State.
There are no plans to demonetise the new Rs 2,000 currency notes, the government said today, scotching "rumours" to this effect.
The proposal was cleared during a board meeting last month, two officials of the RBI were quoted as saying in the news report.
The Corporate Affairs Ministry, which is implementing the Companies Act, has asked all registered firms to provide details about the scrapped notes in their annual balance sheet.
"The consumption is very high. It is 60 per cent of our GDP growth. Because of this, the economic growth is resilient," Forbes said.
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