Demonetisation | The Asian Age

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Congress vice-president Rahul Gandhi and Prime Minister Narendra Modi

BJP, Opposition lock horns over demonetisation

Congress says note ban led to large-scale job losses, BJP says it created jobs.

09 Nov 2017 6:13 AM

Nationalist Congress Party workers performed 'Shraadha' to protest demonetisation at the Azad Maidan. (Photo: Debasish Dey)

Note ban turns one, gets slammed across state

Political parties held their own protests, with Shiv Sena also holding an agitation at the Azad Maidan.

09 Nov 2017 5:53 AM

Economy got a boost with GST, ban: Nitin Gadkari

He said Rs 3.68 lakh crore of this was deposited in 23.22 lakh accounts.

09 Nov 2017 5:49 AM

A Congress worker participates in a “Black Day” protest against demonetisation on the first anniversary of its announcement in Bhopal. (Photo: PTI)

Impact of note ban still hurting economy: Industry body

However, the chamber said demonetisation had a positive impact on the use of digital transactions.

09 Nov 2017 1:14 AM

The CBI claimed it was ensured that every information related to such violation of laws should be entertained and examined and if required, cases should be registered. (Photo: PTI)

CBI says demonetisation ‘aided’ anti-corruption drive

Abhishek Dayal said after the note ban was announced, the agency managed to expose Rs 396 crore of alleged slush funds in 84 cases.

09 Nov 2017 1:06 AM

Crackdown a tragedy for Gandhi family, says Smriti Irani

The information and broadcasting minister was addressing a press conference at the UP BJP headquarters here.

09 Nov 2017 1:05 AM

Congress party's protest in Bhopal on one year anniversary of demonetisation. (Photo: ANI)

Govt celebrating 'death' of people: Oppn on 1st anniversary of note ban

Congress V-P Rahul Gandhi accused Modi of 'robbing' India of its economic prowess and converting people's anger to 'communal hatred'.

08 Nov 2017 6:32 PM

'No need to take tension till I am there and all your problems will be resolved,' Rijiju emphatically said. (Photo: File)

Cong synonymous with corruption, has looted country since independence: Rijiju

Union Minister gave reassurance that BJP will do what Congress has not in 71 years in Arunachal Pradesh.

08 Nov 2017 6:14 PM

Shah later interacted with party workers of Junagadh and guided them on electioneering and campaigning for December polls. (Photo: File)

Gujarat: Amit Shah launches signature campaign to mark 'anti-black money day'

Accompanied by Union minister Mansukh Mandaviya, Shah said he supports PM's commitment for new, corruption-free India.

08 Nov 2017 5:11 PM

According a study by Local Circles, citizens believe demonetisation led to an audit trail which can be effectively used in the future to investigate accounts being used for black money transactions. (Photo: AFP/Representational)

Demonetisation effective to scrutinise accounts used for black money transactions

Further, according to a Local Circles study, 33 per cent were in favor of transactions over Rs 10,000 to be electronic.

08 Nov 2017 2:55 PM

On the first anniversary of demonetisation, which he termed as a 'tragedy', Gandhi said livelihood of millions of honest Indians were destroyed due to this 'thoughtless act' of the prime minister. (Photo:AP/File)

Modi robbed India, turned people's anger into 'communal hatred': Rahul

Gandhi is in poll-bound Gujarat to participate in protests in Surat, the country's diamond and textile hub.

08 Nov 2017 1:26 PM

Defence Minister attended a signature campaign organised by Tamil Nadu BJP Youth Wing in Chennai to observe the Anti Black Money Day. (Photo: File)

Demonetisation of higher currency gave major blow to terrorism: Nirmala Sitharaman

Note ban cut off terrorist fund flows and reduced their numbers, Sitharaman says on BJP's Anti Black Money Day.

08 Nov 2017 12:51 PM

Union law minister Ravi Shankar Prasad claimed that demonetisation has reduced the number of stone-pelting incidents in Kashmir, put a check on Naxal activities, increased the provident fund and insurance cover of the employees immensely. (Photo: PTI | File)

Note ban reduced women trafficking, flesh trade: Ravi Shankar Prasad

Union law minister Ravi Shankar Prasad also said trafficking of women and girls has gone down considerably post-demonetisation.

08 Nov 2017 12:32 PM

It was on November 8, 2016, that in a surprise move, PM Modi scrapped Rs 1000 and Rs 500 notes overnight . (Photo: ANI/ Twitter)

Twitter reacts as demonetisation turns one

A year has passed since PM Modi announced demonetisation, people are still divided in their opinion.

08 Nov 2017 10:11 AM

The government has announced various artwork and essay competitions to celebrate the anniversary of note ban and create public awareness regarding the same. (Photo: mygov.in)

Govt announces artwork, essay competition to celebrate note ban anniversary

The move is aimed at driving public participation in a fight against corruption and black money in creative ways.

08 Nov 2017 8:35 AM

On November 8, 2016, India launched the most successful demonetisation programme ever in the world. (Representational image)

Demonetisation makes India great

The 21st Century is clearly an era of producing wealth through disruptive approach.

08 Nov 2017 2:04 AM

A year after Narendra Modi launched the shock therapy to the Indian economy, we take stock of the Nov. 8 note ban, India’s second attempt to scrap black money through demonetisation.

Note ban failed to achieve its purpose

According to the Economic Survey, it is estimated that an additional Rs 10,587 crore tax will be collected because of demonetisation.

08 Nov 2017 1:42 AM

It has also changed the common man’s spending methods, with a preference for electronic modes of payment instead of cash payment. (Photo: Photo: PTI)

Unintended good results due to note ban: Economist

Scrutiny of bank accounts where large amounts of old currency were deposited has revealed black income.

08 Nov 2017 1:42 AM

Many believe that the move has encouraged people to shift to electronic mode of payment.

Mixed bag reaction from Mumbaikars

Other professionals in the city too have noticed a shift from paper money to digital and plastic money.

08 Nov 2017 1:40 AM

The seizure of demonetised notes has been highest in Thane, where the police registered 39 cases in which Rs 15 crores worth currency notes were seized.

Demonetisation impact: Rs 40.68 crore seized in 78 raids post note ban

Police in Mumbai, Thane and Navi Mumbai recovered several crores of old currency after November 8.

08 Nov 2017 1:37 AM

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Shashi Warrier