money
Surprising things you didn’t know about Diwali
October 21, 2022
“So in Uttrakhand what we usually do, especially in Kumaon, as part of Diwali is that the children, after the festivities are done for the day of Mahalakshmi puja, form a group and go about door to door, asking for money, a tradition which is popularly called Bhairlo. They sing...
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Industrial workers in India to get cashless payments
December 13, 2016
As India is witnessing a spurt in digital payments after high-denomination currency notes were discontinued in early November this year, the government has now made it obligatory for contractors and employers to pay industrial workers through cheques or any other form of cashless...
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Revisions introduced in taxation laws in India
December 1, 2016
After the Indian government demonetised INR 500 and INR 1,000 currency bills last month to grapple with the circulation of black money in the country, people in India found new ways to hide their undeclared earnings. Thus, in the wake of demonetisation and corruption, the governm...
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Indian government relaxes withdrawal norms
November 18, 2016
As demonetisation of INR 500 and INR 1,000 currency notes in India left the people with insufficient money to trade for daily necessities, the government has announced relaxations for farmers, families celebrating weddings, government employees and agricultural traders.
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Indian PM seeks support of perturbed citizens
November 15, 2016
As India is in a state of turmoil after demonetisation of INR 500 and INR 1000 currency bills in the country, Prime Minister Narendra Modi addressed the citizens from Goa asking people for their support and to give him some time to settle the chaos.
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Demonetisation of currency bills causes chaos within India and beyond
November 11, 2016
The sudden announcement by Indian Prime Minister Narendra Modi on the new measure of demonetisation to deal with black money and fake currency bills has left the country divided.
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Home loan rates slashed to a six year low by SBI
November 2, 2016
As part of a festive scheme and general interest rate reduction, the State Bank of India (SBI) has announced home loan rates at 9.10 pc for women and 9.15 pc for others, making it the lowest rate in six years.
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RBI Governor announces repo rate cut in India
October 7, 2016
In a surprising announcement, current RBI Governor Urjit Patel informed the country about RBI’s decision of slashing the repo rates. The announcement for a rate cut came as the first policy statement made by Urjit Patel since he took the position of the Governor of the R...
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PM Modi talks strongly against black money at G20 summit
September 6, 2016
Indian Prime Minister Narendra Modi raised the issue of black money and tax evasion at the G20 Summit in China on Monday, advocating for member countries to take appropriate actions against financial corruption.
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Indian girl raped again by same men after three years
July 20, 2016
The protestors in the streets of Rohtak, Haryana (North India) are filled with rage after a girl was raped again by the same five men who raped her in 2013 and are out on bail since then.
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British voters choose to exit the European Union
June 24, 2016
After a tight and rough race, British voters have chosen to exit the European Union, in the “Brexit” referendum organised on June 23. It triggered a wave of uncertainty and volatility on the world markets, including Indian ones. The Sensex and the Indian rupee fell sharply. I...
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“Brexit” or “Bremain”? Will Britain stay in the European Union?
June 18, 2016
The Brexit votes will be conducted in the United Kingdom on June 23, where the citizens, including a nearly 3 million diaspora population of Indian origin residing in the UK, will voice their opinion whether the country should 'Remain' or 'Exit' Europe. This tight race will also ...
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