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  • Does the issue survives now: SC on pleas challenging demonetisation Sep 28, 2022 12:24 PM IST

    Does the issue survives now: SC on pleas challenging demonetisation

    The court asked the parties if the questions and issues raised in the case are merely academic in nature now.

  • Delhi L-G: Called for good governance, but Arvind Kejriwal resorting to 'false accusations' Sep 01, 2022 05:27 PM IST

    Delhi L-G: Called for good governance, but Arvind Kejriwal resorting to 'false accusations'

    The lieutenant governor's statement comes three days after the Delhi-ruling Aam Aadmi Party (AAP) accused him of corruption.

  • Mixed reaction to RBI article warning signs of stress due to high debt in several states Jun 18, 2022 01:12 PM IST

    Mixed reaction to RBI article warning signs of stress due to high debt in several states

    Referring to the economic crisis in Sri Lanka, the RBI article prepared by a team of economist under the guidance of Deputy Governor Michael Debabrata Patra had on Thursday stated that the five most indebted states — Punjab, Rajasthan, Bihar, Kerala and West Bengal — need to take corrective measures by cutting down expenditure on non-merit goods.

  • It will be no entry for BJP in 2024 Lok Sabha polls: Mamata Banerjee May 31, 2022 06:30 PM IST

    It will be no entry for BJP in 2024 Lok Sabha polls: Mamata Banerjee

    West Bengal Chief Minister Mamata Banerjee on Tuesday called for defeating the saffron camp in the 2024 general election and said BJP’s politics of hate and violence will find ”no entry” across the country.

  • RBI Annual Report | India’s counterfeit notes rise more than 10% in FY22 May 30, 2022 08:08 AM IST

    RBI Annual Report | India’s counterfeit notes rise more than 10% in FY22

    The central bank detected 101.93 percent rise in fake notes of Rs 500 denomination, while fake notes of Rs 2,000 increased more than 54 percent during FY22.

  • India sees 12.3% drop in extreme poverty during 2011-2019: World Bank Apr 17, 2022 03:40 PM IST

    India sees 12.3% drop in extreme poverty during 2011-2019: World Bank

    While poverty rapidly declined during this period, there were two instances when a short-term reversal was observed: the period around the demonetisation drive in 2016 and the economic slowdown in 2019, the study suggested.

  • SFIO arrests former Bhushan Power & Steel vice-chairman Aarti Singhal Mar 22, 2022 07:43 AM IST

    SFIO arrests former Bhushan Power & Steel vice-chairman Aarti Singhal

    The SFIO is probing corporate governance violation charges against the former promoters of BPSL.

  • Rs 2,000 notes now 1.75% of total banknotes in circulation; down from 3.27% in Mar 2018             Dec 07, 2021 06:03 PM IST

    Rs 2,000 notes now 1.75% of total banknotes in circulation; down from 3.27% in Mar 2018            

    As against 3,363 million pieces (mpcs) of Rs 2,000 denomination banknotes in circulation on March 31, 2018, constituting 3.27 percent and 37.26 percent of NIC in terms of volume and value respectively; 2,233 mpcs were in circulation on November 26, 2021, constituting 1.75 percent and 15.11 percent of NIC in terms of volume and value, respectively

  • Five years of demonetisation: Black Money deals down 75-80%; sales outstrip new supply Nov 17, 2021 01:12 PM IST

    Five years of demonetisation: Black Money deals down 75-80%; sales outstrip new supply

    In post-DeMo Q4 2016-Q3 2021, sales of approximately 10.37 lakh units outstripped new launches that were at approximately 9.04 lakh units

  • 5 years of demonetisation: Have things changed for real estate? Nov 12, 2021 07:36 AM IST

    5 years of demonetisation: Have things changed for real estate?

    It cannot be said that cash components have been entirely eliminated from the market. However, they have become a far less influential factor driving property purchases. Real estate experts say that a permanent solution involves revising circle rates frequently and promoting electronic registration of properties.

  • After 5 years of demonetisation, black money is very much around Nov 09, 2021 02:16 PM IST

    After 5 years of demonetisation, black money is very much around

    The Narendra Modi government expected demonetisation to extinguish at least Rs 3-4 lakh crore of black money. However, RBI data show that 99% of the money that was invalidated came into the banking system. Meanwhile fresh seizures of black money continue.

  • Noteban will be marked among worst policy blunders: Jairam Ramesh Nov 08, 2021 02:53 PM IST

    Noteban will be marked among worst policy blunders: Jairam Ramesh

    Jairam Ramesh also claimed that the decision along with a rushed goods and services tax (GST) "destroyed the backbone of the Indian economy".

  • Priyanka Gandhi slams demonetisation as 'disaster' Nov 08, 2021 11:25 AM IST

    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 from midnight on the same day.

  • Post demonetisation, notes in circulation on rise; so are digital payments Nov 07, 2021 03:33 PM IST

    Post demonetisation, notes in circulation on rise; so are digital payments

    Five years after the 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.

  • No I-T scrutiny on cash deposits up to Rs 2.5 lakh by housewives post Demonetisation: ITAT Jun 23, 2021 01:49 PM IST

    No I-T scrutiny on cash deposits up to Rs 2.5 lakh by housewives post Demonetisation: ITAT

    Ruling on an appeal filed by an individual, the Agra bench of ITAT said the order would act as a precedent for all similar cases.

  • RBI asks banks to continue preserving CCTV recordings of demonetisation period Jun 08, 2021 07:12 PM IST

    RBI asks banks to continue preserving CCTV recordings of demonetisation period

    The central bank’s fresh notification means that the probes on illegal accumulation of new currency notes are not over even after four and half years of the 2016 demonetisation exercise.

  • Unemployment high in India due to govt's "ill considered demonetisation decision": Manmohan Singh Mar 02, 2021 02:25 PM IST

    Unemployment high in India due to govt's "ill considered demonetisation decision": Manmohan Singh

    Inaugurating a development summit virtually organised by the Rajiv Gandhi Institute of Development Studies, an economic think tank aligned to the Congress ideology in poll-bound Kerala, Singh said temporary measures by the Government of India and the Reserve Bank to paper over the credit problem cannot blind us to the looming credit crisis ahead that could affect the small and medium sector.

  • Bill Gates hails India's digital finance approach, calls it 'global model' Dec 08, 2020 04:21 PM IST

    Bill Gates hails India's digital finance approach, calls it 'global model'

    Gates praised India for building ambitious platforms for universal identification and digital payments which include the world’s largest biometric database and a system for sending rupees between any bank or smartphone app.

  • On tantric’s advice, Rajasthan man buys demonetised currency, worships to improve financial condition: Report Nov 27, 2020 02:07 PM IST

    On tantric’s advice, Rajasthan man buys demonetised currency, worships to improve financial condition: Report

    In the investigation, the accused said that he had purchased the currency from a man, named Nain Singh Rajpurohit by paying him Rs 1 lakh.

  • Demonetisation helped reduce black money, increased tax compliance, gave boost to transparency: PM Narendra Modi Nov 08, 2020 05:22 PM IST

    Demonetisation helped reduce black money, increased tax compliance, gave boost to transparency: PM Narendra Modi

    On November 8, 2016, Prime Minister Modi announced the decision to ban all currency notes of higher denomination of Rs 500 and Rs 1,000 from midnight.

  • Demonetisation 4 years on: A look at what it achieved and didn’t Nov 08, 2020 10:38 AM IST

    Demonetisation 4 years on: A look at what it achieved and didn’t

    There were three main objectives of demonetisation—fighting black money, flushing out fake notes and creating a cashless economy. Here is a status check.

  • The reality of realty  Jun 05, 2020 09:30 AM IST

    The reality of realty 

    What is truth about the real number of projects being stalled and the belief that prices of realty will definitely fall in the post-Covid era ?

  • Why real estate players do not deserve a bail-out package May 06, 2020 09:05 AM IST

    Why real estate players do not deserve a bail-out package

    The problems that the real estate sector is facing are its own creation

  • Coronavirus pandemic | Another 'Black Swan' for residential market post-demonetisation Mar 20, 2020 01:39 PM IST

    Coronavirus pandemic | Another 'Black Swan' for residential market post-demonetisation

    The coronavirus outbreak may lead to cash flow management issues in ongoing projects where a fall in collections may lead to a drop off in construction

  • IT dept gets Rajasthan HC notice on post-demonetisation amendment to Income-Tax Act Mar 09, 2020 08:55 PM IST

    IT dept gets Rajasthan HC notice on post-demonetisation amendment to Income-Tax Act

    The petitioner, Deepak Maratha, had challenged the amendment to the section 115 BBE IT Act 1961, introduced post-demonetisation, which levied the penalty on undisclosed income from previous 30 per cent to 60 percent.

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