The Rs 1,000 notes did not remain a legal tender after PM Modi announced demonetisation on November 8, 2016. There have been speculations of its re-introduction since RBI's announcement on the withdrawal of Rs 2,000 notes from circulation.
PM Modi was not at all in favour of Rs 2,000 notes. But, as demonetisation was to be done in a limited time, he gave reluctant permission for it, said former Principal Secretary to Prime Minister Narendra Modi.
Rs 2,000 notes to be withdrawn: The demonetisation witnessed a number of stories some of them were hilarious while others were heart-rending.
The Supreme Court on Monday junked a batch of 58 pleas challenging the government's 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denominations. The apex court upheld the decision of the Central government to ban currencies.
The Supreme Court on Monday junked a batch of 58 pleas challenging the government's 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denominations. The apex court upheld the decision of the Central government to ban currencies.
The Supreme Court on Monday junked a batch of 58 pleas challenging the government's 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denominations. The apex court upheld the decision of the Central government to ban currencies.
The Supreme Court on Monday junked a batch of 58 pleas challenging the government's 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denominations. The apex court upheld the decision of the Central government to ban currencies.
Demonetisation: BJP leader Ravi Shankar Prasad hailed SC’s decision saying the government took the decision under the frame of law.
Demonetisation case: The Supreme Court junked a batch of 58 pleas challenging the government's 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denominations. The apex court upheld the decision of the Central government to ban currencies.
The Supreme Court on Monday junked a batch of 58 pleas challenging the government's 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denominations. The apex court upheld the decision of the Central government to ban currencies.
Demonetisation case: The RBI had earlier admitted in its submissions that there were "temporary hardships" and that those too are an integral part of the nation-building process, but there was a mechanism by which the problems that arose were solved.
High unemployment rate in India: The Congress leader said it was appropriate to release the movie in Rajasthan as it was the first state to launch urban employment grantee scheme, which was named after Indira Gandhi, in September.
SC on demonetisation: Reserving its verdict on a batch of pleas challenging the Centre's 2016 decision, a five-judge constitution bench headed by Justice SA Nazeer heard the submissions from Attorney General R Venkataramani, RBI's counsel, and the petitioners’ lawyers.
The submissions by the Centre were made in an affidavit filed in response to a batch of pleas challenging the Centre's 2016 demonetisation decision.
Demonetisation news: Justice Nazeer fixed the matter for further hearing on 24th November. Justice Gavai said that they want to finish this matter this year.
Demonetisation: The Modi government had discontinued old series Rs 500, Rs 1000 notes on December 8, 2016.
A five-judge bench headed by Justice S A Nazeer said when an issue arises before a constitution bench, it is its duty to answer.
In an exclusive interview withIndia TV, Mohandas Pai, former CFO and Board Member at Infosys, shares his point of view over economic and other policies of the Modi government.
As the nation witnesses 5 years of demonetisation, here is a fact check on the success of the decision that shocked the nation.
On November 8, 2016, Prime Minister Narendra Modi announced on national television his government's decision to ban all currency notes of higher denomination of Rs 500 and Rs 1,000 from midnight on the same day.
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