Demonetisation

Engineer nabbed with demonetised notes

Vigilance officers suspect that banned Rs 500 banknotes recovered from Baral might be a chunk of the ill-gotten money that he failed to exchange.

published on : 20th November 2021

Colossal notes ban failure buried in silence

Having brought this economic disaster on the country, there was not a single statement of regret, introspection or even justification from the powers that be

published on : 17th November 2021

After five years of demonetisation, cash in circulation at near peak in 2021: Report

According to the report by SBI Research, almost 80 per cent of the economy has been formalised in the past five years.

published on : 15th November 2021

'We have become a less cash economy': Congress leader P Chidambaram's dig at Centre

Five years after demonetisation, currency notes in circulation continue to rise albeit at a slower pace even as digital payments surge with more and more people embracing cashless payment modes.

published on : 12th November 2021

Demonetisation a disastrous decision, says Mallikarjun Kharge

Kharge, who was in the city, while speaking to mediapersons at Gandhi Bhavan on Monday, recalled how the scrapping of Rs 1,000 and Rs 500 notes had triggered closure of most industries.

published on : 9th November 2021

The futility of demonetisation

The GDP growth rate has been clocking an underwhelming below 7% ever since (barring a couple of quarters in Financial Year 2018).

published on : 9th November 2021

Note ban was one of the most disastrous decisions in independent India : TMC

Prime Minister Narendra Modi had on this day in 2016 announced his decision to ban currency notes of Rs 500 and Rs 1,000 denominations.

published on : 8th November 2021

Five years of demonetisation: How over 800 tonnes of shredded notes ended up in South Africa

A tender issued to Western India Plywood Limited (WIPL) one month prior to demonetisation went on to prove prescient

published on : 8th November 2021

Corruption is now done in sophisticated way like PM Cares Fund, says PDP chief Mehbooba Mufti

The ventilators provided under the PM CARES Fund were found to be defective not only in Kashmir but in Gujarat as well, she alleged.

published on : 8th November 2021

On demonetisation anniversary, Jairam Ramesh says note ban will be marked among worst policy blunders

On this day in 2016, Prime Minister Narendra Modi announced the decision to ban currency notes of Rs 500 and Rs 1,000.

published on : 8th November 2021

'Why hasn't corruption ended?' Priyanka Gandhi slams demonetisation as 'disaster'

On November 8, 2016, Prime Minister Narendra Modi announced on national television his government's decision to ban all currency notes of higher denomination of Rs 500 and Rs 1,000.

published on : 8th November 2021

TN destitute misses demonetisation bus, loses life savings

One such person, A Chinnakannu, a visually-impaired destitute man from Krishnagiri, recently got a shock on hearing his savings of Rs 65,000 are now worthless.

published on : 19th October 2021

NMP, note ban Centre's 'twin babies' to loot people: Congress leader Ajay Maken

Maken alleged the main objective of NMP was to create a monopoly of a few "selected industrialist friends".

published on : 3rd September 2021

Demonetisation, GST, farm laws weaken Indian economy, says Rahul Gandhi

The Congress leader was speaking at the inauguration of Karassery Panchayat and felicitation of farmers at Karassery Bank Auditorium in Kerala's Thiruvambady.

published on : 17th August 2021

No I-T scrutiny on cash deposits up to Rs 2.5 lakh by housewives post Demo: Income Tax Appellate Tribunal

The CIT (Appeals) did not accept the explanation and confirmed the Assessing officer's order treating the cash deposit of Rs 2,11,500 as unexplained money. 

published on : 23rd June 2021
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