Demonetization

Timelines
Why aren't protesters at Shaheen Bagh 'dying', wonders BJP leader

29 Jan 2020

Why aren't protesters at Shaheen Bagh 'dying', wonders BJP leader

The Bharatiya Janata Party's unhealthy obsession with the ongoing protest in Delhi's Shaheen Bagh was reflected again on Tuesday when the chief of party's West Bengal unit, Dilip Ghosh, wondered why agitating "women and children weren't dying".

'Notebandi 2.0': RaGa fires fresh salvo at Modi over NRC/NPR

28 Dec 2019

'Notebandi 2.0': RaGa fires fresh salvo at Modi over NRC/NPR

Congress leader Rahul Gandhi on Saturday slammed the government over the National Register of Citizens (NRC) and the National Population Register (NPR).

#NoteBanAnniversary: Ex-finance secretary says Rs. 2,000 notes can be demonetized

08 Nov 2019

#NoteBanAnniversary: Ex-finance secretary says Rs. 2,000 notes can be demonetized

Exactly three years ago, Prime Minister Narendra Modi addressed the nation and wiped off Rs. 500 and Rs. 1,000 notes, making way for new Rs. 500 and Rs. 2,000 notes.

One man, many failures: Presenting to you Shri Narendra Modi

19 Oct 2019

One man, many failures: Presenting to you Shri Narendra Modi

No one will ever attach the word failure with Narendra Modi. The man has a cult following, his followers are ready to take any bullet (quite literally) for him, he has an incredible list of highest civilian awards from many nations. And, he keeps winning elections.

Now, no more discounts on credit-card payments at petrol pumps

25 Sep 2019

Now, no more discounts on credit-card payments at petrol pumps

Credit card payments at petrol pumps will not get the 0.75% cashback/discount, starting from October 1.

Amid economic slowdown, Anurag Thakur faces embarrassment at auto event

06 Sep 2019

Amid economic slowdown, Anurag Thakur faces embarrassment at auto event

On Friday, Minister of State for Finance Anurag Thakur addressed the slowdown in the auto industry at the Automotive Component Manufacturers Association of India (ACMA) annual summit in New Delhi.

Now, you may need recipients' permission to do bank transfer

21 Aug 2019

Now, you may need recipients' permission to do bank transfer

In a unique development, banks may be required to seek permission from account holders before money is transferred into their accounts, reports said.

Tezpur University researchers have a solution for fake currency: nano-ink!

20 Jun 2019

Tezpur University researchers have a solution for fake currency: nano-ink!

Counterfeiting or fake currency is a problem that authorities across the globe have struggled to constrain. Miscreants are often drawn to counterfeiting as it's a real money-making (illicit) business, and it's hard to trace once the currency is in circulation.

RBI set to issue new 'greenish yellow' Rs. 20 notes

27 Apr 2019

RBI set to issue new 'greenish yellow' Rs. 20 notes

The Reserve Bank of India has announced that it would issue new Rs. 20 notes shortly. The notes in the Mahatma Gandhi (New) series will be greenish yellow in color and will bear the signature of Governor Shaktikanta Das.

Unemployment at 45-year high after demonetization, stalled NSSO report shows

31 Jan 2019

Unemployment at 45-year high after demonetization, stalled NSSO report shows

During 2017-18, India's unemployment rate touched a 45-year high of 6.1%, a previously unreleased National Sample Survey Office (NSSO) report has revealed.

May need more currency as GDP size increasing: RBI official

17 Jan 2019

May need more currency as GDP size increasing: RBI official

With the country's Gross Domestic Product (GDP) size increasing in quantitative terms, there could be a need for more currency in the economy, a Reserve Bank of India official said today.

India's GDP to grow 7.5% in next two years: World-Bank

09 Jan 2019

India's GDP to grow 7.5% in next two years: World-Bank

India's GDP is expected to grow at 7.3% in the fiscal year 2018-19, and 7.5% in the following two years, the World Bank has forecast, attributing it to an upswing in consumption and investment.

RBI to release new Rs. 20 note soon: Details here

25 Dec 2018

RBI to release new Rs. 20 note soon: Details here

The Reserve Bank of India (RBI) is soon set to introduce new Rs. 20 note with additional features, according to a document of the central bank.

Half of India's ATMs might shut down in 2019

21 Nov 2018

Half of India's ATMs might shut down in 2019

Nearly 50% of ATMs in India might be shut down by March 2019 owing to regulatory changes that are making it unviable to operate ATMs, warned industry body Confederation of ATM Industry (CATMi) on Wednesday.

Jaitley defends demonetization, dubs it an 'ethical move not political'

17 Nov 2018

Jaitley defends demonetization, dubs it an 'ethical move not political'

Union Finance Minister Arun Jaitley today defended demonetization, saying it was a "highly ethical" move and not a political one.

Let non-Gandhi become Congress' President: PM Modi replies to Tharoor

16 Nov 2018

Let non-Gandhi become Congress' President: PM Modi replies to Tharoor

Prime Minister Narendra Modi, on Friday, said he would appreciate the Nehruvian legacy if Congress made anyone who isn't part of the Gandhi family, its President for five years.

RBI disagreed with Centre's claims on demonetization: Report

09 Nov 2018

RBI disagreed with Centre's claims on demonetization: Report

Before giving its approval to Centre for demonetization on November 8, 2016, the Reserve Bank of India rejected claims that it would curb black money and counterfeit notes, IE reports.

Sena spokesperson's comments on demonetization fairly accurate: Cong leader

09 Nov 2018

Sena spokesperson's comments on demonetization fairly accurate: Cong leader

A Congress leader today termed the Shiv Sena's comments yesterday on demonetization as "fairly accurate" but also asked the latter if it'd continue to be a part of the BJP-led governments at the Center and Maharashtra.

#Demonetization: Who benefited? India or the Modi government?

08 Nov 2018

#Demonetization: Who benefited? India or the Modi government?

Two years have passed since Prime Minister Narendra Modi, in an unprecedented move, announced a ban on high-denomination notes.

Ashok Chavan calls demonetization biggest mistake of Modi government

08 Nov 2018

Ashok Chavan calls demonetization biggest mistake of Modi government

Speaking on the second anniversary of demonetization, senior Congress leader Ashok Chavan today described it as the "biggest mistake of Modi government" and claimed that it resulted in the slowdown of the economy.

#DemonetizationTurns2: Congress and BJP trade attacks on note-ban anniversary

08 Nov 2018

#DemonetizationTurns2: Congress and BJP trade attacks on note-ban anniversary

On the second anniversary of demonetization, Congress has planned a nationwide protest on Friday. The Congress plans to take to streets against the 'Tughlaqi farmaan' of Prime Minister Narendra Modi.

'Real' depreciation of Indian rupee is at 6-7%, estimates IMF

18 Sep 2018

'Real' depreciation of Indian rupee is at 6-7%, estimates IMF

The real effective depreciation of the Indian rupee this year as compared to Dec'17 is between 6-7%, according to the International Monetary Fund (IMF), which warned that it would jack up the prices of imported goods.

Haryana: Three held with demonetized currency worth Rs. 1.43 crore

15 Sep 2018

Haryana: Three held with demonetized currency worth Rs. 1.43 crore

The Haryana Police claimed to have seized demonetized currency worth Rs. 1.43 crore from three persons.

Amounts you'll get back on exchanging Rs. 2000-note, and more

08 Sep 2018

Amounts you'll get back on exchanging Rs. 2000-note, and more

Handle your currency notes with utmost care, for exchanging torn notes may get you nothing or just half the value, according to new RBI guidelines.

Gujarat: 2 held with Rs. 1.99 lakh in demonetized notes

01 Sep 2018

Gujarat: 2 held with Rs. 1.99 lakh in demonetized notes

Two persons were arrested with demonetized notes with a face value of Rs. 1.99 lakh on Friday night in Rajkot district of Gujarat.

99.3% of demonetized-notes worth Rs. 15.31-lakh-crore returned to banks: RBI

29 Aug 2018

99.3% of demonetized-notes worth Rs. 15.31-lakh-crore returned to banks: RBI

As many as 99.3% of the old Rs. 500 and Rs. 1,000 notes, that were banned overnight in November 2016, have been returned, the Reserve Bank of India said in its annual report.

SBI yet to recalibrate 18,135 ATMs for new notes: RTI

23 Aug 2018

SBI yet to recalibrate 18,135 ATMs for new notes: RTI

Country's largest lender State Bank Of India (SBI) is yet to recalibrate 18,135 automated teller machines (ATMs) even after 21 months of demonetization, an RTI query revealed.

#RaGaInGermany: Unemployment reason behind lynchings, an ISIS reference, and more

23 Aug 2018

#RaGaInGermany: Unemployment reason behind lynchings, an ISIS reference, and more

Congress President Rahul Gandhi launched an attack at ruling BJP and PM Narendra Modi as he addressed a gathering in Bucerius Summer School, Hamburg, Germany.

Gujarat: Rs. 3.36 crore in demonetized notes seized; 3 arrested

18 Aug 2018

Gujarat: Rs. 3.36 crore in demonetized notes seized; 3 arrested

Three persons were arrested today and demonetized notes with a face value of Rs. 3.36 crore was seized from them in Khatodara locality of Gujarat's Surat district.

Here's how Indian Railways is promoting digital transactions

08 Aug 2018

Here's how Indian Railways is promoting digital transactions

Recently Rajen Gohain, the Minister of State for Railways, declared that the percentage of train tickets booked digitally is on the rise, having risen to 66% of total reserved tickets in 2017-18, from 60% in 2016-17.

Govt collected fake notes with face value Rs. 13.87cr post-demonetization

07 Aug 2018

Govt collected fake notes with face value Rs. 13.87cr post-demonetization

Fake notes with a face value of Rs. 13.87cr were seized in states bordering Nepal, Pakistan and Bangladesh from November 09, 2016 till June 30, 2018 post-demonetization, as per NCRB data, Minister of State for Home Affairs Hansraj Gangaram Ahir informed Lok Sabha.

Demonetization: Hyderabad firm that deposited Rs. 3,000cr missing from registered-address

31 Jul 2018

Demonetization: Hyderabad firm that deposited Rs. 3,000cr missing from registered-address

A Hyderabad-based company that suspiciously deposited and withdrew Rs. 3,178cr during demonetization is nowhere to be found at its registered address, TOI reports.

RBI to issue new Rs. 100 notes soon, details here

19 Jul 2018

RBI to issue new Rs. 100 notes soon, details here

The Reserve Bank of India (RBI) has decided to issue new Rs. 100 notes as a part of the new Mahatma Gandhi series.

'Demonetization was instant,why not Ram Mandir?': Uddhav Thackeray slams BJP

15 Jul 2018

'Demonetization was instant,why not Ram Mandir?': Uddhav Thackeray slams BJP

Shiv Sena chief Uddhav Thackeray once again came down heavily on Bharatiya Janata Party (BJP) and asked why demonetization was instant but not Ram Mandir.

No probe will be ordered into 'exchange-of-currency' in Ahmedabad-bank: Sinha

26 Jun 2018

No probe will be ordered into 'exchange-of-currency' in Ahmedabad-bank: Sinha

Former BJP leader Yashwant Sinha yesterday said the government wouldn't order any probe into reports of exchange of currency notes worth Rs. 745.58cr at Ahmedabad District Cooperative Bank within five days of the announcement of demonetization on November 8, 2016.

India, fastest-growing major economy, trend likely to continue: Jaitley

18 Jun 2018

India, fastest-growing major economy, trend likely to continue: Jaitley

Union Minister Arun Jaitley said that 7.7% economic growth in the fourth quarter of 2017-18 "firmly" established India as the fastest-growing major economy in the world and the trend is likely to continue for some years.

Videocon: PM Modi, SC, Brazil responsible for Rs. 39,000cr debt

12 Jun 2018

Videocon: PM Modi, SC, Brazil responsible for Rs. 39,000cr debt

Videocon Industries Ltd., with its massive Rs 39,000cr debt, is facing bankruptcy proceedings after the National Company Law Tribunal (NCLT) admitted a plea from lenders last week, led by the State Bank of India.

Did demonetization boost Digital-India? Currency with public crosses pre-November'16 levels

10 Jun 2018

Did demonetization boost Digital-India? Currency with public crosses pre-November'16 levels

There were two prime goals of demonetization- removal of black money and advancing towards a cashless economy.

What makes Narendra Modi so popular?

20 May 2018

What makes Narendra Modi so popular?

Though BJP recently lost Karnataka, but no one can deny that BJP and its 'Pradhan sewak' continue to dominate the Indian political scene.

Bankers fear soiled Rs. 100 notes may deepen cash crunch

07 May 2018

Bankers fear soiled Rs. 100 notes may deepen cash crunch

Bankers fear that the prevailing cash crunch in different parts of the country might just get worse with unsoiled, usable-in-ATMs Rs. 100 notes becoming "too scarce."