- Tag results for Demonetisation
The banks and other financial institutions collectively generated 400 per cent more suspicious transaction reports at over 4.73 lakh such dossiers during 2016-17.
Reviving the spectre of demonetisation, many parts of India on Tuesday reported acute shortage of cash at ATMs.
Raghuram Rajan has said that he had made it quite clear to the government that the demonetisation was "not a good idea" and that its implementation was "not well-planned"
WATCH | 200 crore jobs created, aliens from Mars working in India now: Congress April Fool jibe at Narendra Modi government
The Congress today used the April Fool's Day to mock PM Narendra Modi and his government over their alleged failures.
The latest RBI data released on Friday shows that the currency in circulation stood at Rs 18.27 lakh crore as on March, 23 as against Rs 13.35 lakh crore a year before.
Rahul Gandhi in Mysuru: Dubs JDS 'B-team' of BJP; says Demonetisation was a mistake, should not have been done
Ahead of the election in the 224-member assembly in Karnataka, the state has witnessed frequent visits by national leaders, from both the Congress and the Bharatiya Janata Party.
New launches fell 72 per cent from 15,700 units in 2016 to 4,400 units, while sales dropped 26 per cent from 17,800 units in 2016 to 13,200 units in 2017.
Speaking in the assembly, he sought that the Rs 2,000 and Rs 500 notes should be withdrawn and online transactions should be encouraged.
Finance Minister Arun Jaitley defends demonetisation, says it succeeded in unearthing black money, preventing corruption
He also informed the House that data analytics was being used to match information in IT returns with cash deposit data and identify high risk cases/ groups for necessary verification/investigation.
Narayana Murthy, however, felt the demonetisation move was largely welcomed by rural people but not by the urban intellectual.
The BJP leader, who has been vocally opposing demonetisation, said that he felt Modi was told demonetisation would fill government coffers which didn't happen.
Leader of Opposition in the Maharashtra Assembly, Radhakrishna Vikhe Patil, today alleged that a Shiv Sena worker committed suicide while blaming his extreme step on demonetisation and GST.
Demonetisation was the greatest lie, only Congress can end crisis: P Chidambaram at party's plenary session
Chidambaram described demonetisation as the greatest lie and accused the BJP-led government of virtually destroying the economy.
The central bank had earlier estimated the value of old Rs 500 and Rs 1,000 notes received, as on June 30, 2017, at Rs 15.28 trillion.
The government today categorically said there was no proposal to discontinue Rs 2,000 currency note, which was introduced post demonetisation in November 2016.