Currency Demonetisation

Saturday, Apr 20, 2024 | Last Update : 11:17 AM IST

Four years of Demonetisation: PM Modi hails move, Congress observes 'betrayal day'

On November 8, 2016, Prime Minister Narendra Modi announced the decision to ban all Rs 500 and Rs 1,000 currency notes from midnight

08 Nov 2020 9:14 PM

Aakar Patel | Modiji the 2-minute decision-maker

PM Modi said in a very fine interview with Madhu Kishwar that he doesn’t read files as he can’t govern through academic studies

21 Jul 2020 4:49 PM

The labour landscape in India is changing significantly, and some of the emerging trends include rise in temp staffing and flexi workforce.

Pay hikes likely to be fatter in 2018: Expert

Adds hiring sentiments will continue on revival path.

11 Dec 2017 12:46 AM

Finance Minister Arun Jaitley on Tuesday said the RBI is counting the scrapped currency notes and will come out with the final figures once the fake notes were weeded out.

RBI counting scrapped notes, will give figure of fake notes soon: FinMin

On November 8, 2016, the government had scrapped high denomination currency notes of Rs 500 and Rs 1,000.

02 Aug 2017 9:40 AM

With all security measures in place, we Indians can peacefully say,” OK Google, send some money to my brother.”

Can Google Assistant be trusted to send money?

The upcoming addition to Google Assistant looks promising. Will it work in a country like India?

20 May 2017 9:34 PM

Valuables worth Rs 610 cr seized in note ban raids: Jaitley

Over 1,100 searches conducted, 5,100 notices issued to verify suspicious high-value cash deposits.

03 Feb 2017 4:41 PM

In the foreseeable future, demonetisation will affect the supply of sugar, milk, potatoes and onions. (Photo: PTI)

Note ban takes its toll on economy

The survey prescribes a cut in individual income-tax rates and in real estate stamp duty.

01 Feb 2017 1:51 AM

Stock market keeps eye on upcoming 2017 budget

The upcoming budget is seens askey event from an equity market perspective.

29 Jan 2017 12:07 PM

Finance Minister Arun Jaitley. (Photo: AP)

FM may cut taxes, lack of indirect-tax data may make it tough

Jaitley faces a peculiar situation as precise projections of indirect tax collection in 2017-18 are unavailable due to GST.

26 Jan 2017 3:58 PM

No record of fake currency with us, says RBI

Responding to an RTI inquiry from Mumbai-based activist RBI denied having information with it.

24 Jan 2017 1:01 PM

BJP MP to PAC chief: Defer meet with Urjit Patel

Mr Dubey is a member of the PAC as well as the standing committee on finance.

16 Jan 2017 2:27 AM

Mumbai was the most affected with 37 per cent less traffic online post-demonetisation, followed by Kolkata at 26 per cent lower traffic. Delhi saw a 7 per cent decline, while Chennai saw 16 per cent drop in online traffic.

E wallet brands on top post demonetisation

Online cabs,Food ordering platforms and grocery were also popular for cashless transactions.

08 Jan 2017 6:40 PM

RBI governor to be grilled by Parliamentary committee on note-ban

Pressure on RBI and Patel has grown since Prime Minister Narendra Modi stunned the country on November 8 by abolishing 86% of the currency.

08 Jan 2017 5:55 PM

Money has lost anonymity post demonetisation: FM

Arun Jaitley said large amount of cash with banks will lead to lower interest rates

08 Jan 2017 1:34 PM

RBI to release numbers on junked notes

On the last day of demonetisation, the RBI had asked all banks to report details of old notes.

05 Jan 2017 4:25 PM

According to the global financial services major, activity data across manufacturing and services as well as consumption and investment have clearly taken a hit after November 8, 2016, when the government announced scrapping old 500/1,000 rupee notes.

HSBC reports slump in GDP in December

Post March quarter, the economic growth is expected to normalis towards 7 per cent.

05 Jan 2017 4:11 PM

A senior farm ministry official said budget spending on the sector for the next fiscal year could rise to about 500 billion rupees.

India expects 7 per cent growth in first half of FY18

India plans to cut its fiscal deficit to 3 percent of GDP in the fiscal year to March 2018.

05 Jan 2017 1:43 PM

People with old notes turned away by RBI

Indians who were abroad during demonetisation have been given a 3-month grace period.

03 Jan 2017 8:58 PM

The company had 5 to 8 per cent impact in the rural market owing to demonetisation in November, but the situation was much better in December

Tata Steel confident of normalcy

December was much better month for Tata Steel than November last affected due to demonetisation.

01 Jan 2017 6:52 PM

The official further said that inflows of funds into Jan Dhan accounts was the highest in the first week after demonetisation at Rs 20,224 crore, but after that the deposits went down substantially. (Photo: Screengrab)

Jan Dhan a/c doubles post demonetisation

Between Nov 10-Dec 23, the total deposits in Jan Dhan accounts reported is Rs 41,523 crore.

01 Jan 2017 2:06 PM

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Shobhaa De