Demonetisation
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Haqikat Kya Hai | Fact Check on the benefits of Demonetisation
Hakikat Kya Hai | Nov 08, 2021, 10:20 PM ISTAs the nation witnesses 5 years of demonetisation, here is a fact check on the success of the decision that shocked the nation.
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Priyanka Gandhi Vadra slams demonetisation as 'disaster'
India | Nov 08, 2021, 12:08 PM ISTOn 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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Abki Bar Kiski Sarkar: PM Modi's NaMo App opens survey for voters
Elections | Aug 11, 2021, 01:20 PM ISTPrime Minister Narendra Modi's app has launched a survey in five poll-bound states seeking people's opinion on a number of issues that are likely to influence their choice of the party or candidates. The survey, open to people from Uttar Pradesh, Uttarakhand, Goa, Manipur and Punjab, seeks opinion on the voter's most pressing consideration, rating of the state government on a number of metrics, view on any probable opposition unity in their constituency and take on the local MLA besides other matters.
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RBI asks banks not to destroy CCTV recordings of demonetisation period
Business | Jun 08, 2021, 07:11 PM ISTThe RBI on Tuesday asked banks to preserve the CCTV recordings of their branches and currency chests from November 8, 2016, to December 30, 2016, till further orders with a view to assisting the enforcement agencies to take actions against persons involved in illegal activities during the demonetisation period.
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Centre forcibly taking money from common people to run govt, alleges Rahul Gandhi
Politics | Mar 23, 2021, 12:01 AM ISTDuring the interaction with the students of St. Teresa's College in Kochi, Congress leader Rahul Gandhi alleged that as the economy collapsed due to COVID-19 pandemic, Centre is forcibly taking money from common people to run the government.
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'Ill considered demonetisation decision' to be blamed for unemployment: Manmohan Singh
India | Mar 02, 2021, 02:21 PM ISTManmohan Singh said that unemployment is high in the country and its informal sector is in shambles due to the Centre's demonetisation decision in 2016.
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Is RBI banning ₹5, ₹10 and ₹100 notes? Here's the truth
Business | Jan 24, 2021, 08:55 PM ISTIs the Reserve Bank of India (RBI) planning to ban ₹5, ₹10, and ₹100 notes in the country? Ever since India announced the demonetization of ₹500 and ₹1,000 banknotes in the year 2016, there has been similar speculation about other denominations every now and then. Recently, a report claimed that the central bank was banning ₹5, ₹10, and ₹100 notes and that they won't be in circulation from March 2021. But how true is it?
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Rupee plunged so much it surpassed PM Modi's age: Congress' Pramod Tiwari
News | May 30, 2020, 04:20 PM ISTCriticising the Modi government on completion of one year of its 2nd term, Congress leader Pramod Tiwari on May 30 said the GDP growth rate in the country is the lowest today, and the value of Rupee has plunged so much that it has surpassed PM Modi's
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Finance panel grills Finance Ministry on Demonetisation, state of economy
India | Nov 12, 2019, 05:25 PM ISTThe subject came up for discussion at the meeting of Parliamentary Standing Committee on Finance last week. But what was meant as one-off mention soon became a full-blown issue with several members terming the move as bad for the economy.
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People still struggling due to demonetization 'blunder': Gehlot
India | Nov 11, 2019, 06:30 PM ISTDays after the third anniversary of the demonetization of high-value currency notes, Rajasthan Chief Minister Ashok Gehlot on Monday hit out at Prime Minister Narendra Modi for committing the 'blunder' and not taking any responsibility for it
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Won't let nation forget Tughlaki blunder: Sonia Gandhi on 3rd anniversary of Demonetisation
India | Nov 08, 2019, 08:13 PM ISTCongress Interim President Sonia Gandhi on Friday slammed the government on the third anniversary of demonetization, terming it as a "Tughlaki blunder" which was "inflicted by a tyrannical government hell-bent upon attacking livelihoods and lives of its own people."
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Youth Congress workers protest outside RBI office on 3rd anniversary of demonetisation
Politics | Nov 08, 2019, 02:37 PM ISTYouth Congress workers who were protesting near Reserve Bank of India (RBI) office on the third anniversary of Demonetisation have been detained by Police.
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'Economic disaster' started on the day demonetisation was announced: Mamata
India | Nov 08, 2019, 01:14 PM IST"Within minutes of announcement, I had said that it will ruin the economy and the lives of millions," Mamata Banerjee said.
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Demonetisation proved to be disaster that all but destroyed economy: Priyanka
India | Nov 08, 2019, 09:36 AM IST"3 years since Demonetisation and every claim made by the government and those hailing it as a slayer of all evils has been turned on its head. It proved to be a disaster that has all but destroyed our economy," Priyanka Gandhi said in a tweet.
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Twenty-year-old law allowing circulation of demonetised notes from Reserve Bank gets scrapped
Business | Aug 04, 2019, 04:41 PM ISTA law which allowed the Reserve Bank of India (RBI) to circulate Rs 1000 denomination notes in the late 1990s, to tide over the shortage of currency has been scrapped. On Friday, Parliament passed a bill to repeal 58 laws from the statute books. The High Denomination Bank Notes (Demonetisation) Amendment Act, 1998 is one of 58 "redundant" laws repealed last week.
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Post demonetisation, India saw e-Money transaction to the tune of Rs 3,459 million, second only to Japan
Business | Jun 07, 2019, 04:36 PM ISTGetting a leg-up from the demonetisation of Rs 500 and Rs 1,000 currency notes in November 2016, the share of e-Money in India's payment systems grew to 21.5 per cent in 2017 from 0.8 per cent in 2012, according to a new report prepared by the Reserve Bank of India (RBI).
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Demonetisation: ED attaches over Rs 2 crore assets in Axis Bank PMLA case
India | May 13, 2019, 09:08 PM ISTThe ED on Monday said it has attached assets worth over Rs 2 crore in connection with a money laundering case registered against former officials of an Axis Bank branch here and others, post the 2016 demonetisation exercise.
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Modi destroyed economy with demonetisation, GST: Rahul
May 09, 2019, 11:22 PM ISTCongress President Rahul Gandhi on Thursday again attacked Prime Minister Narendra Modi over his decision to implement demonetisation and a "flawed" GST, claiming that it broke the economy's backbone by resulting in the closure of many small and medium businesses across the country.
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CBDT asks I-T Dept to probe about 3 lakh de-registered firms for money laundering
Business | Mar 29, 2019, 12:01 PM ISTThe board has asked the tax offices to undertake this special task and bring under their ambit the time period (over the last two years) when these companies were struck off from the records of the Ministry of Corporate Affairs (MCA).
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5 arrested with old currency notes worth Rs 10 lakh in Rajasthan
India | Feb 17, 2019, 07:06 PM ISTActing on a tip-off, a police team intercepted a car at Daulatpura check post and found 10 bundles of Rs 1,000 old currency notes in a bag.