Demonetisation Effect
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Furnish bank records since Nov 8, PM Modi tells BJP lawmakers
National | Nov 29, 2016, 03:58 PM ISTIn a move that comes as a part of the ongoing crackdown on tax evasion and illicit funds, Prime Minister Narendra Modi today asked all BJP MPs and ministers to submit details of their banking transactions from November 8 onwards, the day he announced
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Hyderabad: CBI books three postal employees for illicit exchange of old notes worth Rs 36 lakh
India | Nov 29, 2016, 09:27 AM ISTThe CBI on Monday registered a case against three postal employees in Hyderabad for irregularities in exchanging demonetised high value currency notes worth Rs 36 lakh. The agency registered a First Information Report (FIR) against
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564 Maoists, highest ever in a month, surrendered post note ban: Report
India | Nov 29, 2016, 11:41 AM ISTThe effect of the government’s demonetisation drive has not just been restricted to black money hoarders but it has also made a strong impact in left-wing extremism affected states.
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60 per cent of demonetised currency already accounted for: RBI
Nov 29, 2016, 11:42 AM ISTThe data released by the Reserve Bank of India (RBI) on Monday revealed that around 60 per cent of the demonetised currency notes, which amount to around Rs 14 lakh crore, has already been accounted for.
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Black money increased by 10 times after demonetisation, claims Kejriwal; declares move a ‘flop’
National | Nov 28, 2016, 08:54 PM ISTKejriwal today claimed that black money and corruption have increased by 10 times ever since the ban of Rs 500 and Rs 1000 notes.
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Demonetisation: RBI’s surprise move to suck liquidity could delay cut in interest rates
Nov 28, 2016, 08:17 PM ISTThe RBI on Saturday announced an incremental cash reserve ratio (CRR) of 100 per cent for banks, ordering them to deposit their extra cash with the central bank.
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28th November News in Nutshell: Important stories of the day
India | Nov 28, 2016, 07:10 PM ISTImportant stories of the day
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Demonetisation not to affect securitisation market, says Moody's
Nov 28, 2016, 05:28 PM ISTMoody's Investors Service sees securitisation market to remain stable next year despite as it expects good credit quality across most asset classes.
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Banned notes worth Rs 40 crore deposited in Delhi bank, officials under I-T scanner
Nov 28, 2016, 02:20 PM ISTIncome Tax department has found that around Rs 40 crore was deposited in scrapped 500 and 1000-rupee notes at the Kashmere Gate branch of Axis Bank in New Delhi.
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Demonetisation: This 70-yr-old chai waala is not impressed with PM Modi’s currency ban. Read why
India | Nov 28, 2016, 02:11 PM ISTThe government’s overnight move to demonetise high-denomination currency notes came as a hit not only for black money hoarders, but also the common man who has been struggling to cope with the cash crunch
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63-year-old Mumbai man duped of Rs 57 lakh trying to exchange scrapped notes
India | Nov 28, 2016, 12:54 PM ISTA 63-year-old man from south Mumbai was cheated of Rs 57.50 lakh while trying to exchange scrapped currency notes.
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Demonetisation: Mixed response to bandh call by opposition parties, police detains DMK's Stalin
National | Nov 28, 2016, 02:49 PM ISTAmid a nation wide call for protest over demonetisation, Prime Minister Narendra Modi chaired a crucial meet with ministers in parliament on Monday. The bandh, called for by the ruling Left Democratic Front has crippled
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Opposition to hold nation-wide protests over demonetisation today but remains divided over bandh
National | Nov 28, 2016, 07:54 AM ISTThe ban on old currency notes of Rs 500 and Rs 1000 by Narendra Modi government has brought most of the opposition together as they plan to launch country wide protest on Monday. However,
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27th November News in Nutshell: Important stories of the day
India | Nov 27, 2016, 07:33 PM ISTImportant stories of the day
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Law enforcing agencies remain unaffected by demonetisation
India | Nov 27, 2016, 01:59 PM ISTLaw enforcement agencies which possess a huge cache of old Rs 1,000 and Rs 500 notes, seized over the years as case property, have said that demonetisation will have no impact on them.
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Rs 32,631 cr deposited in post offices since demonetisation
India | Nov 27, 2016, 01:23 PM ISTNearly 1.55 lakh post offices across the country have received a staggering Rs 32,631 crore in deposits following demonetisation of Rs 500/1000 currency notes.
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Demonetisation: Cracks appear in opposition unity; TMC opposes Bharat Bandh, JD(U) to stay off
National | Nov 27, 2016, 12:09 PM ISTCracks have surfaced within the Opposition with JD(U) and Trinamool Congress refusing to support the Bharat bandh called by opposition parties against demonetisation on November 28.
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PM Modi’s ‘Mann Ki Baat’: India will shine like gold after demonetisation fire
National | Nov 27, 2016, 11:40 AM ISTPrime Minister Narendra Modi on Sunday said he was confident that India would shine like gold after the government's decision to demonetise high value currency notes that would curb unaccounted wealth in the country.
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26th November News in Nutshell: Important stories of the day
India | Nov 26, 2016, 07:05 PM ISTImportant stories of the day
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Nobel laureate Amartya Sen slams ‘demonetisation’, says it declares all Indians as ‘possible crooks’
Nov 26, 2016, 05:05 PM ISTNobel laureate Professor Amartya Sen has blasted Prime Minister Narendra Modi’s decision to ‘demonetise’ high-denomination currency-notes and said that it betrayed the “authoritarian nature of the government”.