Currency Ban


'Currency Ban' - 587 Video Result(s)

'Currency Ban' - 578 News Result(s)

  • Income Tax Department Seizes Rs 600 Crore In Cash, Valuables Post Note Ban

    Income Tax Department Seizes Rs 600 Crore In Cash, Valuables Post Note Ban

    The Income Tax Department has seized cash and valuables totalling Rs 600 crore in search and survey operations post demonetisation of high value currency notes of Rs 500 and Rs 1000. Based on intelligence reports, the department carried out searches and surveys in over 1,100 cases during the two-month period ending January 10 leading to seizure of ...

  • Air Force Transported 604 Tonnes Currency Notes Post Demonetisation

    Air Force Transported 604 Tonnes Currency Notes Post Demonetisation

    A total of 604 tonnes of currency notes was transported by the Indian Air Force in 33 sorties across the country after the government's decision to ban high-denomination notes last year.

  • Why Note Conversion Not Allowed Till March 31? RBI Refuses Answer

    Why Note Conversion Not Allowed Till March 31? RBI Refuses Answer

    The central bank refused to share noting on the decision to limit currency conversion window till March 31 only for NRIs saying it would be against the economic interests of the state.

  • Parliamentary Panel To Summon RBI Governor Urjit Patel: Report

    Parliamentary Panel To Summon RBI Governor Urjit Patel: Report

    The panel wants to know from the RBI governor as well as the finance ministry officials the number of junked currency that was deposited in bank accounts post November 8, 2016 decision to demonetise higher denomination notes.

  • IMF Says Indian Economy To Pick Up Once Notes Ban Impact Fades

    IMF Says Indian Economy To Pick Up Once Notes Ban Impact Fades

    PM Modi had on November 8 announced scrapping of old Rs 500 and Rs 1,000 notes, pulling out 86 per cent of the total currency in circulation.

  • 3 Union Bank Employees Booked By CBI For Alleged Black Money Conversion

    3 Union Bank Employees Booked By CBI For Alleged Black Money Conversion

    Three employees of Union Bank of India, Kanpur have been booked by the CBI for alleged cheating in the conversion of demonetised currency notes to the tune of over Rs 1 crore to "conceal blackmoney" of some people. The agency has registered a case of criminal conspiracy, cheating and corruption against these official for exchanging demonetised note...

  • Bosch Says Business Yet To Fully Recover From Notes Ban Impact

    Bosch Says Business Yet To Fully Recover From Notes Ban Impact

    With auto sales plunging to 16-year low a month after the government demonetised higher denomination currency notes on November 8 last year, India very quickly went into e-wallets.

  • Note Ban Impact On GDP May Be Seen In This Quarter: RBI

    Note Ban Impact On GDP May Be Seen In This Quarter: RBI

    The demonetisation of high value currency notes of Rs 500 and Rs 1,000 announced on November 8 led to scrapping of Rs 15.4 lakh crore from the system.

  • GDP Data Belies Exaggerated Claims Of Note Ban Impact: Arun Jaitley

    GDP Data Belies Exaggerated Claims Of Note Ban Impact: Arun Jaitley

    The October-December quarter of 2016 was "substantially impacted by demonetisation (of higher denomination currency)," the finance minister said.

  • Indian Economic Growth Seen Slowing To Near Three-Year Low: Poll

    Indian Economic Growth Seen Slowing To Near Three-Year Low: Poll

    PM Modi's announcement on November 8 ordering the removal of Rs 500 and Rs 1,000 notes took out around 86 per cent of the currency in circulation, putting activity on the skids in a predominantly cash-reliant economy.

  • MobiKwik To Invest $45 Million To Expand User Base

    MobiKwik To Invest $45 Million To Expand User Base

    MobiKwik and Alibaba-backed bigger rival Paytm have been among the biggest beneficiaries of the government's drive to ban high-value currency notes late last year as more and more people used digital wallets to buy everything from groceries to fuel.

  • Tax Officials To Go Easy On Deposits Up To Rs 5 Lakh By Those Above The Age Of 70

    Tax Officials To Go Easy On Deposits Up To Rs 5 Lakh By Those Above The Age Of 70

    The tax department will not carry out any further verification for cash deposits up to Rs 5 lakh made by people above 70 years of age post note ban, but the limit has been fixed at Rs 2.5 lakh for other individuals. "There is absolutely no cause for panic. We are not going after everyone who deposited their holding of the demonetised currency in ba...

  • No Rs 1,000 Comeback Yet. Don't Overdraw From ATMs, Urges Top Bureaucrat Shaktikanta Das

    No Rs 1,000 Comeback Yet. Don't Overdraw From ATMs, Urges Top Bureaucrat Shaktikanta Das

    The government has no plans to introduce 1,000-rupee notes - abolished last year - but is focusing on ramping up production of 500-rupee and other lower denomination notes, Economic Affairs Secretary Shaktikanta Das tweeted today, scotching rumours that currency printing presses had started printing a new version of the Rs 1,000 note.

  • Idea Of Demonetisation Wrong, Says Rajiv Bajaj

    Idea Of Demonetisation Wrong, Says Rajiv Bajaj

    Rajiv Bajaj, Managing Director, Bajaj Auto India criticised the idea of demonetisation in India saying that the idea itself was 'wrong'. He also mentioned that it was incorrect to blame only the execution. The ban on 86% of the total currency worth Rs. 15.55 trillion in circulation impacted economic activity across sectors with the consumption-driv...

  • Impact On Notes Ban A Sharp 'V', Says RBI Chief Urjit Patel

    Impact On Notes Ban A Sharp 'V', Says RBI Chief Urjit Patel

    Benefits of unprecedented decision to cancel 86 percent of currency in circulation will take time to fully play out and need more work to ensure they're lasting, he said.

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