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  Despite surge in deposits post note ban, 23 pc Jan Dhan accounts still without balance

  December 11, 2016 16:35 IST

  Despite a huge surge in total deposits post central government’s November 8 demonetisation move, about one-fifth of Jan Dhan account’s still continue to have no balance, PTI report said on Sunday. Net addition in the

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  PM Modi 'misleading' people, says Opposition; asks him to face Parliament

  Politics | December 11, 2016 9:32 IST

  Opposition on Saturday said that no one was preventing PM Modi from speaking and they are only demanding the PM's presence in Parliament to debate this critical issue.

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  Only six people knew about PM Modi’s 'demonetisation' plan: Report

  December 09, 2016 14:03 IST

  Only six people were privy to Prime Minister Narendra Modi’s plan to demonetise currency notes of Rs 500 and Rs 1000 denominations.

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  BJP mocks Rahul’s ‘earthquake’ threat; says Cong running from debate

  Politics | December 09, 2016 16:04 IST

  Congress vice-president Rahul Gandhi today accused the government of running from debate over demonetisation policy and said promised ‘tremors’ if he was allowed to speak on demonetisation in the House.

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  Post 50-day deadline, 'cashless' focus must stay: BJP

  Politics | December 09, 2016 8:54 IST

  Even after the 50-day deadline of Prime Minister Narendra Modi to end post-demonetisation hardships, the BJP would not like to revert to the pre-November 8 times of 'cash transactions', said a party spokesperson on Thursday.

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  70 per cent think demonetisation can help curb corruption: Survey

  India | December 09, 2016 8:28 IST

  As many as 70 percent of respondents in a survey conducted last month agree that Prime Minister Narendra Modi’s demonetisation initiative can help curb corruption in the long term.

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  Demonetisation: Merely depositing old notes in banks won't make black money white, says Jaitley

  December 08, 2016 21:13 IST

  Finance Minister Arun Jaitley today cautioned people that mere depositing the old notes in banks will not help in converting the money from 'black to white' and tax liability would remain on unexplained funds. Less

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  Demonetisation: Govt seeks to assuage concerns of foreign missions, diplomats may be allowed to withdraw money on priority

  India | December 08, 2016 21:53 IST

  The government will soon ask the banks to allow diplomats to withdraw money on a priority basis.

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  ‘For God's sake, do your job’: President Mukherjee lambasts MPs for stalling Parliament

  Politics | December 08, 2016 19:35 IST

  With Parliament witnessing continuous adjournments due to uproar by opposition parties over demonetisation drive, President Pranab Mukherjee today said that the ‘disruption of the Parliament is not acceptable at all’.

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  ‘Paytm means pay to Modi’, says Rahul Gandhi; opposition stages ‘Black Day’ protest in Parliament

  Politics | December 08, 2016 12:23 IST

  The Congress-led opposition parties today staged a ‘black day’ protest near Gandhi statue in the Parliament against the government’s demonetisation policy.

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  Old notes worth Rs 12 lakh crore deposited so far: RBI

  December 07, 2016 18:56 IST

  The Reserve Bank of India (RBI) today informed that almost demonetised Rs 500 and Rs 1,000 notes worth 12 lakh crore have been deposited into banks since November 8, the day the demonetisation decision was announced.

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  Demonetisation may hit activities in cash-intensive sectors: RBI

  December 07, 2016 16:19 IST

  The government’s move to demonetize high-value currency is probably going to affect India’s growth in the short term as well as the informal sector like retail trade, hotels, restaurants and transportation, and the unorganised sector,

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  MEA refers Russia’s protest over demonetisation to Finance Ministry

  Politics | December 07, 2016 15:12 IST

  The Ministry of External Affairs (MEA) today said that the letter of Russian Ambassador to India over the cash crunch has been referred to the Department of Economic Affairs, Ministry of Finance, and assured that all problems will be taken care of.

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  Expect all demonetised currency to come back to the system: FinMin

  December 07, 2016 16:39 IST

  Contrary to reports anticipating a windfall gain for the government, Revenue Secretary Hasmukh Adhia has said that the government expects the entire scrapped currency notes of Rs 500 and Rs 1,000 to come back to the banking system, following which th

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  Punjab: Bank guard fires in air to disperse cash-hungry crowd

  India | December 06, 2016 22:45 IST

  The effect of demonetisation was today at its worst in Punjab. An impatient crowd of cash-hungry people had gathered outside a private bank in Budhlada town and started to force their way inside the branch.

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  In long run, demonetisation will damage economy: Experts

  December 06, 2016 0:06 IST

  The government's demonetisation move was to incur "heavy damage to the economy in long term" and cash-less digital payment system "may not be helpful as being thought", experts said today. In a discussion on 'State

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  Congress steps up demand of JPC probe into demonetisation 'scam'

  Politics | December 05, 2016 23:14 IST

  Congress today stepped up its demand for a JPC probe into the demonetisation move saying BJP and its allied organisations should make public all their bank accounts and property purchased by them in the past one year.

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  Rs 67,382 cr unaccounted money disclosed under IDS scheme so far: Finance Ministry

  December 05, 2016 8:15 IST

  The government on Sunday revised upwards the amount of black money disclosed under Income Declaration Scheme (IDS) to Rs 67,382 crore, even as it did not take into account two high-value disclosures.

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  Those who looted crores through chit funds are feeling heat of demonetisation: Parrikar

  Politics | December 05, 2016 7:34 IST

  Defence Minister Manohar Parrikar today claimed that those involved in chit fund scams were now in trouble due to the Centre's demonetisation decision.

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  Post demonetisation, micro-ATMs, Point of Sale vulnerable to cyber attacks

  December 04, 2016 17:07 IST

  As micro-ATMs and POS counters registered a sharp surge in usage post demonetisation, customers, bankers and traders have been cautioned against skimming and malware attacks on these systems. CERT-In, country's premier cyber security agency, has