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CURRENCY DEMONETISATION
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...- RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulationReserve Bank of India's spending on printing money dropped significantly. This happened even as the total value of currency in circulation ...
- Cash is king again? India’s withdrawals surge 12% in early April, highest since post-demonetisationThe Indian economy is witnessing a historic milestone as the currency in circulation hits 42.3 trillion rupees. This remarkable jump of mor...
- Has RBI announced 'new rules' for exchanging old Rs 500 & Rs 1,000 currency notes?Social media claims about the Reserve Bank of India allowing exchange of old Rs 500 and Rs 1000 notes are false. The official website of th...
- Deposited Rs 80 lakh cash during demonetisation: ITAT rejects property purchase claim, calls it unexplained incomeA Surat businessman's Rs 80 lakh cash deposit during demonetisation was deemed unexplained by ITAT Surat. The tribunal rejected his claim o...
- Axis Bank ordered to pay ₹3.19 crore for refusing demonetised notes in 2016Axis Bank must pay Procure Logistics Services Pvt Ltd Rs 3.19 crore. The National Consumer Disputes Redressal Commission found the bank def...
- Demonetisation failed to meet its objectives: Congress leader Adhir Chowdhury in LSCongress leader Adhir Ranjan Chowdhury on Friday criticised the government's November 2016 decision to demonetise high-value currency notes...
- Demonetised currency notes worth Rs 4.8 crore seized in Tamil Nadu's SivagangaPolice made the seizure based on a tip-off. They said the seized currencies were in the denominations of Rs 1000.
- Demonetisation achieved objectives quite substantially: GovernmentEconomic Affairs Secretary Subhash Chandra Garg said demonetisation was able to curb terrorist financing and promote digital payments.
- Some nations still have old notes, exchange unlikelyThe discussion on demonetised currency still held abroad provided an interesting twist to the deliberations of the committee, which is prep...
- View: New window to exchange old notes a welcome suggestionThe government should respond positively to the suggestion. Indian residents had a 50-day window up to December 30 last year to deposit the...
- Worry, collectors of demonetised currencyWill making papier-mâché out of defunct Rs 500 and Rs 1,000 notes be punishable?
- From IT capital to I-T raids hub: 20% of all cash seized by tax authorities in KarnatakaKarnataka and Goa region of the department carried out a nationwide analysis, which found that the technological capital of the country — B...
- Demonetised currency not to be deposited in treasury: HCThe bench passed the direction while expressing displeasure over a trial court special judge' decision allowing a convict to deposit the fi...
- Demonetisation effect: Why cryptocurrency is gaining currency in cashless timesPost note ban, bitcoin exchanges have raised prices slightly to limit demand and push selling. Desi exchanges are now seeing 350-600 coins ...
- Labour migrants in a fix post "demonetisation"Dadan, or migrant labour comes from the local word for debt. According to some 1.5 lakh people from western Odisha travel to work in brick ...
- RBI gets 5 million new Rs 500 notes from Nashik press, situation may ease soonSources said that the RBI has also printed the Rs 2,000 and Rs 500 notes at its two printing units in Mysore in Karnataka and Salboni in We...
- Currency cue - case For demonetisationThe rise in currency in circulation possibly pointed to a big black economy prompting the government to demonetise Rs 500 and Rs 1,000 note...
- People resort to desperate measures even as banks set to open on Thursday; students, elderly feel the pinchBeing the wedding season, people had no option but to buy jewellery even if the stores were charging much higher than normal.
- Eating out spends down 40% on currency demonetisationThe NRAI represents hundreds of global and local quick service as well as fine dine restaurants.
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