Rajan was RBI governor in February 2016 when he was asked by the government for his views on junking of old 500 and 1,000 rupee notes, he revealed in his book 'I do what I do'
Union Finance Minister Arun Jaitley on Sunday said that demonetisation has left Maoists in many part of India and separatists in Jammu and Kashmir "fund starved"
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
Union Defence Minister Arun Jaitley on Sunday said that demonetisation has succeeded in squeezing the funding of terrorists, leaving them cash-strapped
Opposition Congress, supported by TMC and JD(U), today forced four adjournments of the proceedings in the Rajya Sabha over what it called as "biggest scam of this century" in the printing of two different kinds of 500- and 2000-rupee notes
The government has given a last chance to district cooperative banks, commercial banks and post offices to deposit the banned Rs 500 and Rs 1,000 notes with the Reserve Bank by July 20
Finance Minister Arun Jaitley on Thursday said that reforms introduced in the last three years have helped restoring the credibility of the Indian economy
Prime Minister Narendra Modi today said the demonetisation drive was a "tough decision" to take in view of the opposition parties' constant efforts to turn people against it
The Income Tax department has identified at least one lakh “high-risk individuals” with more than Rs 1.72 lakh crore deposits in their bank accounts
The Indian government's demonetisation measures did not impede future black money flows in new denominations, a UN report said on Monday.
Leaving no stone unturned to tighten the noose around black money hoarders, the Income Tax department will investigate over 60,000 individuals under the second phase of the 'Operation Clean Money'.
The government’s crackdown on black money post demonetisation have resulted in the detection of 18 lakh cases where the income profiles of people do not match their account profile, the Lok Sabha was informed today.
After the successful launch of new Rs 2,000 and Rs 500 notes, the Reserve Bank of India (RBI) is planning to introduce banknotes of Rs 200 denomination.
In order to check counterfeiting of currency notes, the government has planned to change security features of higher denomination banknotes Rs 2,000 and Rs 500 every 3-4 years in accordance with global standards.
Crowds at the Reserve Bank of India have suddenly swelled as the government’s massive demonetisation exercise today enters its final leg today.
There has been an increase of 584 per cent in digital transactions done through the Unified Payments Interface (UPI) since demonetisation in November last year, said an official release on Thursday.
It seems that Prime Minister Narendra Modi’s vision of “cashless India”, of which currency demonetisation was the first strike, is on the right path.
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