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Banned Currency Notes With Face Value Rs 47 Lakh Seized In Madhya Pradesh
Gwalior police caught a man with Rs 47 lakhs of banned currency notes of Rs 500 and Rs 1,000 in the district, a police official said on Monday.
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Aadhaar, Demonetisation Spurred Digital Payments Growth: RBI
After the demonetisation of Rs. 500 and Rs. 1000 notes in 2016 pushed digital payments, Aadhaar-enabled eKYC resulted in exponential growth, according to the RBI.
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Demonetisation Anniversary: I Bow To People Of India, Says PM Narendra Modi, Opposition Calls It 'Black Day'
As the government today celebrates one year of demonetisation as 'anti-black money day', the opposition is leaving no stone unturned to keep the pressure on the government and the ruling coalition on the issue. Opposition parties including Congress are calling it 'Black Day'.
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Car Sales February 2017: Most Carmakers Register Positive Growth, Mahindra's Sales Drop
2017 Financial Year and if anything it has been quite an eventful year for the India auto sector. Right from the ban on diesel cars in Delhi to demonetization of Rs. 500 and Rs. 1000 notes, automakers in India have faced several challenges in this fiscal year. Despite that, many of them have seen consistent growth in the market and two of the count...
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Do Explain: 13 Lakh People Get SMSes, Emails For Deposits After Notes Ban
Emails and text messages have been sent today to the majority of 18 lakh people identified for making suspicious and large cash deposits after Prime Minister Narendra Modi's sudden abolition of high-value notes.
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RBI's Autonomy Compromised? Urjit Patel To Answer MPs Today
Urjit Patel, the chief of the Reserve Bank of India, will meet today with a parliamentary committee to answer questions on the central bank's role in clearing and executing the abrupt November decision to ban 500- and 1,000-rupee notes.
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RBI Chief Urjit Patel To Explain Notes Ban To Parliamentary Panel Today
Reserve Bank of India Governor Urjit Patel is expected to appear before a parliamentary panel today, which has asked him to explain the decision of demonetisation and its effect on economy. He is also expected to be asked about the steps the nation's Central bank took to counter the cash crunch that followed the sudden withdrawal of 500- and 1000-...
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Petrol Pumps Will Accept Cards For Now As Government Steps In
Petrol pumps across the country have decided to postpone till at least January 13 their protest against the banks' decision to levy an extra charge on credit and debit card transactions. The late evening turnaround came after the government stepped in. The petrol dealers had announced earlier that starting midnight, they would not accept the debit ...
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Despite Currency Ban, Tourism Figures Show A 9 Per Cent Rise
The New Year has brought some good news for the tourism industry - despite the hardship of the currency ban, number of foreign tourists coming to India has gone up by 9%.
-
In Speech On Notes Ban, PM Narendra Modi Talks Of India's 'Purification': 10 Points
Prime Minister Narendra Modi in a televised address on New Year's eve, said his abrupt decision to cancel high-denomination notes last month has dealt "a serious blow" to black money, terror-financing and tax evasion. Defending his demonetisation drive, PM Modi, in a 45-minute speech delivered first in Hindi and then English, said, "There is no pre...
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Opinion: What Modi's Speech Tonight Won't Tell You
India was promised a miracle in 50 days starting D-day or demonetisation day on November 8. Well, here we are at the deadline, the miracle is nowhere in sight and the bad news just grows and grows - for ordinary people, for the economy, for the country. In a two-part series, I will bring to you 50 facts related to the 50 days. I hope to establish t...
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New Deposit Scheme Allows Old Notes Worth 5,000-Plus Only Once Till December 30
The government has in new restrictions said that deposits of more than 5,000 rupees in old 500 and 1,000-rupee notes can be made in a bank account only once from today till December 30, the deadline for depositing old notes. The Finance Ministry said any deposit of over Rs 5,000 will be subject to questioning by two bank officials, who have to be g...
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Notes Ban 'Weakening Hands Of Terrorists': PM Modi
Prime Minister Narendra Modi said on Saturday said the decision to ban old Rs 500 and 1,000 notes was taken to strengthen the hands of the nation's poor.
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Standing In Line Not New For Indians: Union Minister
Union Minister of Science and Technology Harsh Vardhan today said standing in lines is not new for Indians and now people were standing in queues to ensure a "corruption-free India".
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ATMs Remain Cashless In Noida
ATMs in this industrial town adjacent to the national capital wore a desolate look today -- the 26th day since the demonetisation of high-value currency notes -- with no one standing in queue to withdraw money as each one of the outlets displayed a 'no cash available' sign outside.
-
Banned Currency Notes With Face Value Rs 47 Lakh Seized In Madhya Pradesh
Gwalior police caught a man with Rs 47 lakhs of banned currency notes of Rs 500 and Rs 1,000 in the district, a police official said on Monday.
-
Aadhaar, Demonetisation Spurred Digital Payments Growth: RBI
After the demonetisation of Rs. 500 and Rs. 1000 notes in 2016 pushed digital payments, Aadhaar-enabled eKYC resulted in exponential growth, according to the RBI.
-
Demonetisation Anniversary: I Bow To People Of India, Says PM Narendra Modi, Opposition Calls It 'Black Day'
As the government today celebrates one year of demonetisation as 'anti-black money day', the opposition is leaving no stone unturned to keep the pressure on the government and the ruling coalition on the issue. Opposition parties including Congress are calling it 'Black Day'.
-
Car Sales February 2017: Most Carmakers Register Positive Growth, Mahindra's Sales Drop
2017 Financial Year and if anything it has been quite an eventful year for the India auto sector. Right from the ban on diesel cars in Delhi to demonetization of Rs. 500 and Rs. 1000 notes, automakers in India have faced several challenges in this fiscal year. Despite that, many of them have seen consistent growth in the market and two of the count...
-
Do Explain: 13 Lakh People Get SMSes, Emails For Deposits After Notes Ban
Emails and text messages have been sent today to the majority of 18 lakh people identified for making suspicious and large cash deposits after Prime Minister Narendra Modi's sudden abolition of high-value notes.
-
RBI's Autonomy Compromised? Urjit Patel To Answer MPs Today
Urjit Patel, the chief of the Reserve Bank of India, will meet today with a parliamentary committee to answer questions on the central bank's role in clearing and executing the abrupt November decision to ban 500- and 1,000-rupee notes.
-
RBI Chief Urjit Patel To Explain Notes Ban To Parliamentary Panel Today
Reserve Bank of India Governor Urjit Patel is expected to appear before a parliamentary panel today, which has asked him to explain the decision of demonetisation and its effect on economy. He is also expected to be asked about the steps the nation's Central bank took to counter the cash crunch that followed the sudden withdrawal of 500- and 1000-...
-
Petrol Pumps Will Accept Cards For Now As Government Steps In
Petrol pumps across the country have decided to postpone till at least January 13 their protest against the banks' decision to levy an extra charge on credit and debit card transactions. The late evening turnaround came after the government stepped in. The petrol dealers had announced earlier that starting midnight, they would not accept the debit ...
-
Despite Currency Ban, Tourism Figures Show A 9 Per Cent Rise
The New Year has brought some good news for the tourism industry - despite the hardship of the currency ban, number of foreign tourists coming to India has gone up by 9%.
-
In Speech On Notes Ban, PM Narendra Modi Talks Of India's 'Purification': 10 Points
Prime Minister Narendra Modi in a televised address on New Year's eve, said his abrupt decision to cancel high-denomination notes last month has dealt "a serious blow" to black money, terror-financing and tax evasion. Defending his demonetisation drive, PM Modi, in a 45-minute speech delivered first in Hindi and then English, said, "There is no pre...
-
Opinion: What Modi's Speech Tonight Won't Tell You
India was promised a miracle in 50 days starting D-day or demonetisation day on November 8. Well, here we are at the deadline, the miracle is nowhere in sight and the bad news just grows and grows - for ordinary people, for the economy, for the country. In a two-part series, I will bring to you 50 facts related to the 50 days. I hope to establish t...
-
New Deposit Scheme Allows Old Notes Worth 5,000-Plus Only Once Till December 30
The government has in new restrictions said that deposits of more than 5,000 rupees in old 500 and 1,000-rupee notes can be made in a bank account only once from today till December 30, the deadline for depositing old notes. The Finance Ministry said any deposit of over Rs 5,000 will be subject to questioning by two bank officials, who have to be g...
-
Notes Ban 'Weakening Hands Of Terrorists': PM Modi
Prime Minister Narendra Modi said on Saturday said the decision to ban old Rs 500 and 1,000 notes was taken to strengthen the hands of the nation's poor.
-
Standing In Line Not New For Indians: Union Minister
Union Minister of Science and Technology Harsh Vardhan today said standing in lines is not new for Indians and now people were standing in queues to ensure a "corruption-free India".
-
ATMs Remain Cashless In Noida
ATMs in this industrial town adjacent to the national capital wore a desolate look today -- the 26th day since the demonetisation of high-value currency notes -- with no one standing in queue to withdraw money as each one of the outlets displayed a 'no cash available' sign outside.
