Despite a huge surge in total deposits post central government’s November 8 demonetisation move, about one-fifth of Jan Dhan account’s still continue to have no balance, PTI report said on Sunday. Net addition in the
Opposition on Saturday said that no one was preventing PM Modi from speaking and they are only demanding the PM's presence in Parliament to debate this critical issue.
Only six people were privy to Prime Minister Narendra Modi’s plan to demonetise currency notes of Rs 500 and Rs 1000 denominations.
Congress vice-president Rahul Gandhi today accused the government of running from debate over demonetisation policy and said promised ‘tremors’ if he was allowed to speak on demonetisation in the House.
Even after the 50-day deadline of Prime Minister Narendra Modi to end post-demonetisation hardships, the BJP would not like to revert to the pre-November 8 times of 'cash transactions', said a party spokesperson on Thursday.
As many as 70 percent of respondents in a survey conducted last month agree that Prime Minister Narendra Modi’s demonetisation initiative can help curb corruption in the long term.
Finance Minister Arun Jaitley today cautioned people that mere depositing the old notes in banks will not help in converting the money from 'black to white' and tax liability would remain on unexplained funds. Less
The government will soon ask the banks to allow diplomats to withdraw money on a priority basis.
With Parliament witnessing continuous adjournments due to uproar by opposition parties over demonetisation drive, President Pranab Mukherjee today said that the ‘disruption of the Parliament is not acceptable at all’.
The Congress-led opposition parties today staged a ‘black day’ protest near Gandhi statue in the Parliament against the government’s demonetisation policy.
The Reserve Bank of India (RBI) today informed that almost demonetised Rs 500 and Rs 1,000 notes worth 12 lakh crore have been deposited into banks since November 8, the day the demonetisation decision was announced.
The government’s move to demonetize high-value currency is probably going to affect India’s growth in the short term as well as the informal sector like retail trade, hotels, restaurants and transportation, and the unorganised sector,
The Ministry of External Affairs (MEA) today said that the letter of Russian Ambassador to India over the cash crunch has been referred to the Department of Economic Affairs, Ministry of Finance, and assured that all problems will be taken care of.
Contrary to reports anticipating a windfall gain for the government, Revenue Secretary Hasmukh Adhia has said that the government expects the entire scrapped currency notes of Rs 500 and Rs 1,000 to come back to the banking system, following which th
The effect of demonetisation was today at its worst in Punjab. An impatient crowd of cash-hungry people had gathered outside a private bank in Budhlada town and started to force their way inside the branch.
The government's demonetisation move was to incur "heavy damage to the economy in long term" and cash-less digital payment system "may not be helpful as being thought", experts said today. In a discussion on 'State
Congress today stepped up its demand for a JPC probe into the demonetisation move saying BJP and its allied organisations should make public all their bank accounts and property purchased by them in the past one year.
The government on Sunday revised upwards the amount of black money disclosed under Income Declaration Scheme (IDS) to Rs 67,382 crore, even as it did not take into account two high-value disclosures.
Defence Minister Manohar Parrikar today claimed that those involved in chit fund scams were now in trouble due to the Centre's demonetisation decision.
As micro-ATMs and POS counters registered a sharp surge in usage post demonetisation, customers, bankers and traders have been cautioned against skimming and malware attacks on these systems. CERT-In, country's premier cyber security agency, has
Top News
Latest News
