Revealing the low efficacy of last November's demonetisation of high-value currency, the RBI said that of the Rs 15.44 lakh crore of notes taken out of circulation, Rs 15.28 lakh crore had returned to the system
Finance Minister Arun Jaitley yesterday said the government is not considering banning R2,000 notes, and the Reserve Bank will decide on the timing of issuing the new Rs 200 bill
The government is not considering banning Rs 2,000 notes while the Reserve Bank of India (RBI) will decide when to issue the new Rs 200 note that has been notified, Finance Minister Arun Jaitley said on Wednesday
Vowing to continue the crackdown on black money, Prime Minister Narendra Modi today said that over Rs 1.75 lakh crore deposited in banks post note-ban and more than 18 lakh people with disproportionate income are under government scrutiny
The Income Tax (I-T) Department has unearthed undisclosed income of more than Rs 5,400 crore in over a thousand search operations carried out since the November 8 demonetisation of high-value currency, Parliament was informed on Friday
Sacked Delhi minister Kapil Mishra yesterday made fresh charges against Arvind Kejriwal, claiming the Delhi chief minister had opposed demonetisation due to his alleged links with "hawala operators"
Five months since demonetisation, the old notes still keep resurfacing. This time, in a posh Audi Q7. Cops apprehend four; hunt is on for the owner of a financial consultancy that the car reportedly belonged to
The Finance Ministry has refused to disclose whether its boss Arun Jaitley was consulted before the announcement of demonetisation by Prime Minister Narendra Modi on November 8, 2016
Kerala Governor P Sathasivam on Thursday termed demonetisation by the Centre as one of the most devastating catastrophes in India's financial history
The I-T department is "verifying" over Rs 4.5 lakh crore of suspicious deposits made by 18 lakh people post note ban and will send ‘non-statutory’ letters to those who have not responded to its SMS and e-mail queries seeking explanation
He was nabbed by crime branch officials posing as money exchangers
The note ban is an unguided 'missile' fired 'unilaterally' without adhering to democratic norms, Nobel laureate Amartya Sen said during a talk in the city on Saturday, severely criticising the NDA government which was also targeted by former Union Minister and eminent journalist Arun Shourie who said the stick is being wielded here when black money is lying in foreign shores
India's cash-driven agri sector continues to reel under the effects of demonetisation, with farmers growing fruits and vegetables suffering 'huge losses', say farm leaders who want the Union budget to 'compensate' them for these losses
Terming demonetisation as a revolutionary step taken by Prime Minister Narendra Modi to curb black money and crackdown on terror activities, Union Minister Kiren Rijiju yesterday claimed printing of fake currency across the border stopped abruptly post November 8
A school in Vadodara is teaching their deaf and dumb students to go cashless. A seminar was recently held, in which special classes were taken for these children to teach them about using the cashless system
In yet another measure related to the recent demonetisation, the government has asked banks to report deposits in any account aggregating Rs 10 lakh in a year, as well as cash payments of Rs 1 lakh or more on credit card bills
In a vitriolic attack on Prime Minister Narendra Modi over demonetisation, the Shiv Sena said he had dropped a "nuclear bomb" on the country through the decision and turned the economy into "Hiroshima- Nagasaki", the Japanese cities devastated by the US during the World War II
Indian consumers remain the most optimistic in the Asia-Pacific region and their outlook on economy and stock market showed highest levels of confidence even after their government's recent demonetisation measure, a report said on Monday.
Despite the Reserve Bank of India dismissing reports that suggested 97 per cent of the demonetised currency had returned to the bank's coffers by December 30, its own weekly figures on "currency in circulation" indicate that this number is correct.
Taking note of non-payment of charges for a concert in the city that caused it revenue loss, the Brihanmumbai Municipal Corporation (BMC) has banned Percept Live, the live entertainment division of Percept Limited, from holding any events in its jurisdiction