Demonetisation

Where's the money, RBI? Data shows India's old habits die hard

Where's the money, RBI? Data shows India's old habits die hard

The Reserve Bank of India released data on Wednesday showing that people were still hoarding cash as withdrawals outpaced spending.

Apr 26, 2018, 06:27 AM IST
Currency crunch: Ghost of demonetisation haunts government, RBI, says Chidambaram

Currency crunch: Ghost of demonetisation haunts government, RBI, says Chidambaram

ATMs in some parts of the country continued to remain out of cash on Wednesday as the government scrambled to rush currency to meet an "unusual spurt in demand".

Apr 18, 2018, 21:07 PM IST
Cash crunch in India again? Five things you should not do

Cash crunch in India again? Five things you should not do

Several ATMs in the country have no currency but Finance Minister Arun Jaitley has assured that there is more than adequate in circulation and that the shortage in certain ATMs is temporary.

Apr 17, 2018, 14:20 PM IST
World Bank notes India has recovered from demonetisation and GST, predicts 7.3% growth

World Bank notes India has recovered from demonetisation and GST, predicts 7.3% growth

The World Bank report does refer to both demonetisation and GST as crisis but states the worst is over.

Apr 17, 2018, 08:48 AM IST
Demonetisation was 'not a good idea': Raghuram Rajan

Demonetisation was 'not a good idea': Raghuram Rajan

On November 8, 2016, the Centre banned Rs 500 and Rs 1,000 currency notes to curtail the shadow economy and crack down on the use of illicit and counterfeit cash to fund illegal activities and terrorism.

Apr 12, 2018, 17:08 PM IST
Finish issuing all demonetisation notices by May: CBDT to I-T dept

Finish issuing all demonetisation notices by May: CBDT to I-T dept

IT department had launched an 'Operation Clean Money' (OCM) to check black money post demonetisation.

Apr 03, 2018, 17:52 PM IST
Digital transactions touched record high of Rs 71,634 crore on March 28: Finance Minister Arun Jaitley

Digital transactions touched record high of Rs 71,634 crore on March 28: Finance Minister Arun Jaitley

98.2 lakh digital transaction were made on Thursday.

Mar 29, 2018, 23:46 PM IST
In Karnataka, Rahul Gandhi attacks Narendra Modi govt yet again, says demonetisation was a 'disaster'

In Karnataka, Rahul Gandhi attacks Narendra Modi govt yet again, says demonetisation was a 'disaster'

Congress chief Rahul Gandhi on Saturday attacked the Narendra Modi government at the Centre over its notes ban move, GST and rising joblessness in the country.

Mar 24, 2018, 16:51 PM IST
500 days of demonetisation: Congress compares PM Modi to 'harebrained', 'sheep'

500 days of demonetisation: Congress compares PM Modi to 'harebrained', 'sheep'

Polls for polls for 224-member assembly in Karnataka are scheduled to be held in the next few weeks.

Mar 24, 2018, 11:51 AM IST
RBI reveals how it is disposing off demonetised Rs 500 and 1,000 notes

RBI reveals how it is disposing off demonetised Rs 500 and 1,000 notes

The central bank had earlier estimated the value of old Rs 500 and Rs 1,000 notes received, as on June 30, 2017, at Rs 15.28 trillion.

Mar 18, 2018, 19:28 PM IST
No proposal under consideration to scrap Rs 2,000 note: Government

No proposal under consideration to scrap Rs 2,000 note: Government

The government also informed the Lok Sabha that it had decided to conduct field trials of plastic currency notes of Rs 10 in five cites.

Mar 16, 2018, 19:35 PM IST
Kamal Hassan slams PM Modi govt's GST, notes ban move, denies funding by Christian missionaries

Kamal Hassan slams PM Modi govt's GST, notes ban move, denies funding by Christian missionaries

Actor-turned-politician Kamal Hasan on Sunday criticised the Goods and Services Tax (GST) bill and the notes ban move of the Narendra Modi-led NDA government at the Center. 

Mar 11, 2018, 17:01 PM IST

'Demonetisation's decision wasn't appropriate' says Rahul Gandhi during a session in Kuala Lumpur

'Demonetisation's decision wasn't appropriate' says Rahul Gandhi during a session in Kuala Lumpur. Watch this video to know more.

Mar 11, 2018, 10:59 AM IST
People will throw away Rahul Gandhi’s appeal, he has negative mindset: Yogi Adityanath

People will throw away Rahul Gandhi’s appeal, he has negative mindset: Yogi Adityanath

The statement was made by the BJP leader after he voted for Lok Sabha by-elections in Gorakhpur.

Mar 11, 2018, 09:14 AM IST
Would have thrown demonetisation file in dustbin if I was PM: Rahul Gandhi

Would have thrown demonetisation file in dustbin if I was PM: Rahul Gandhi

Rahul Gandhi has yet again slammed the Narendra Modi government's decision to scrap the old currency notes of high-denomination in 2016.

Mar 10, 2018, 17:49 PM IST
Rs 90 crore was exchanged for billions at PNB hours before PM announced notes ban: Majeed Memon

Rs 90 crore was exchanged for billions at PNB hours before PM announced notes ban: Majeed Memon

Calling for an investigation into the alleged incident, Memon said that this was reported during the time absconding billionaire jeweller Nirav Modi left India.

Feb 25, 2018, 14:01 PM IST
Asset quality of microfinance institutions, small finance banks has improved: CRISIL

Asset quality of microfinance institutions, small finance banks has improved: CRISIL

Asset quality of MFIs in Tamil Nadu, Kerala, Odisha, West Bengal and Bihar remained largely resilient despite demonetisation and its aftermath.

Feb 22, 2018, 20:02 PM IST
India's growth slowed due to demonetisation, GST: Donald Trump administration

India's growth slowed due to demonetisation, GST: Donald Trump administration

The US said that growth in India has slowed due to the effects of its structural economic reforms.

Feb 22, 2018, 13:31 PM IST
Narendra Modi unfit to be Prime Minister, makes irresponsible statements: Siddaramaiah

Narendra Modi unfit to be Prime Minister, makes irresponsible statements: Siddaramaiah

The veteran Congress leader is eyeing a second chief ministerial tenure in poll-bound Karnataka

Feb 20, 2018, 11:41 AM IST
Dream of 'new India' will be achieved by empowering youth with technology, says PM Modi in Dubai

Dream of 'new India' will be achieved by empowering youth with technology, says PM Modi in Dubai

Voicing concern over massive global investment in missiles and bombs, PM Modi on Sunday warned against the misuse of technology.

Feb 11, 2018, 15:58 PM IST