Demonetisation
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Nepal writes to RBI to declare banned new Indian currency notes legal
World | Jan 06, 2019, 07:13 PM ISTNepal has asked the RBI to declare newly circulated Indian currency notes of denominations higher than Rs 100 legal tender in the country, according to media report on Sunday.
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PM Modi's interview on demonetisation: 'Note ban was not a shock, had warned people against black money in advance'
Business | Jan 01, 2019, 11:39 PM ISTPM Modi said that demonetisation has created an atmosphere of honesty and has expanded the tax net, while reducing the circulation of the currency.
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Nepal bans usage of Indian currency notes of Rs 2,000, Rs 500, Rs 200
World | Dec 14, 2018, 09:49 AM ISTThe decision was announced by Nepal government's spokesperson and Minister for Information and Communications Gokul Prasad Baskota.
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Half of direct tax collections netted; high growth clocked post demonetisation: CBDT
Business | Dec 03, 2018, 08:01 PM ISTThe report said the department has till now (updated till November 15) made a gross collection of Rs 6.63 lakh crore in the direct taxes kitty this fiscal.
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‘PM Modi, Vasundhara Raje will have to take 100 births to become Nehru’: Ashok Gehlot
India | Dec 02, 2018, 02:19 PM ISTSlamming the Centre over demonetisation, Gehlot said it was a black chapter and prime minister "shattered" the country's economy.
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‘Demonetisation’ was targeted against corrupt people, not elite: Niti Aayog vice-chairman Rajiv Kumar
Business | Nov 30, 2018, 06:16 PM IST“I have seen a report which quoted Subramanian as saying that demonetisation was against elite. I don’t know why he used the word elite. It was a step against those who are corrupt and had stored ill-gotten wealth,” Rajiv Kumar said.
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PM Modi in Jhabua rally: 'Used bitter medicine of demonetisation to treat corruption'
Nov 20, 2018, 01:55 PM ISTAddressing an election rally in Jhabua, Madhya Pradesh, PM Modi described demonetisation as 'bitter medicine' which his government used to bring back black money into banks.
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'Demonetisation highly ethical move, not political': Arun Jaitley responds to Rahul Gandhi's charges
India | Nov 17, 2018, 02:28 PM ISTSpeaking to reporters after releasing BJP's manifesto in Bhopal ahead of the Madhya Pradesh Assembly Elections, Jaitley said that demonetisation has increased the tax return filings and also increased the revenue of the states and the Centre immensely.
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PM Modi, Rahul Gandhi exchange angry ‘notes’ over note-ban at poll rallies in MP, Chhattisgarh
Elections | Nov 16, 2018, 11:46 PM ISTRahul Gandhi accused Prime Minister Narendra Modi of "robbing" the hard-earned money of the poor and giving it to a few rich.
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CAG 'deliberately delaying' report on Rafale fighter jet deal, demonetisation: Ex-bureaucrats
India | Nov 13, 2018, 02:50 PM ISTIn a letter, they said there was concern over the "unconscionable" and "unwarranted delay" in bringing out the audit reports on demonetisation and the Rafale fighter jet deal, and the reports should be tabled before Parliament in the Winter Session.
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Govt desperately eyeing RBI reserves after demonetisation catastrophe: P Chidambaram
India | Nov 11, 2018, 04:10 PM IST"By any account demonetisation was a catastrophe, an ingenious officially blessed money laundering exercise", Chidambaram said.
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India's economic growth held back due to demonetisation, GST: Raghuram Rajan
Business | Nov 10, 2018, 07:11 PM ISTAddressing an audience at the University of California in Berkley on Friday, Rajan said for four years -- 2012 to 2016 -- India was growing at a faster pace before it was hit by two major headwinds.
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2 years of DeMo: Opposition continues its tirade against BJP, calls it 'the biggest scam'
India | Nov 09, 2018, 11:27 PM ISTTaking a swipe at Modi, Rahul said the demonetisation had caused great destruction of economy and rendered many people jobless.
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Congress protests against demonetisation in Punjab, Haryana
India | Nov 09, 2018, 03:58 PM ISTThey raised slogans against the Centre describing the exercise as an "anti-people" decision.
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2 years of DeMo: Jaitley staunchly defends move, Rahul Gandhi calls it 'carefully planned criminal financial scam'
India | Nov 09, 2018, 12:05 AM ISTTerming the criticism, that almost the entire cash money got deposited in the banks post demonetisation, as 'ill-informed', Jaitley said confiscation of currency was not an objective of demonetisation.
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2 years of demonetisation: BJP slams Congress for criticising note ban, puts up 10 questions
National | Nov 08, 2018, 01:24 PM IST'Why does Congress find merit in protesting against every anti-corruption measure of the Government of India? What do they fear?'
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2 years of demonetisation: Arun Jaitley praises note ban, says it led to formalisation of economy
India | Nov 08, 2018, 02:34 PM ISTJaitley pointed out that confiscation of currency was not an objective of Demonetisation, adding getting it into the formal economy and making the holders pay tax was the broader objective.
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RBI Governor to brief Parliamentary panel for third time on govt's demonetisation move, impact on November 12
India | Oct 28, 2018, 08:21 PM ISTThe government had scrapped Rs 500 and Rs 1,000 notes on November 8, 2016 and announced issuance of new Rs 500 and Rs 2,000 notes.
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Growth in India projected to accelerate to 7.3 per cent in 2018-19 fiscal: World Bank
Business | Oct 07, 2018, 10:52 PM ISTGrowth reached 6.7 per cent in fiscal year 2017/18, with a significant acceleration in recent months, it said.
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RBI tweak norms for exchange of torn currency
India | Sep 07, 2018, 08:46 PM ISTPost demonetisation in November 2016, the Reserve Bank has introduced Rs 200 and Rs 2,000 notes. Besides, it came out with smaller notes of Rs 10, Rs 20, Rs 50, Rs 100 and Rs 500.