Post Demonetisation

The Uttarakhand High Court on Tuesday cancelled a case against a journalist for a social media post alleging that a man from Jharkhand deposited money after demonetisation into the bank account of a couple related to Chief Minister Trivendra Singh Rawat and directed that a CBI inquiry be conducted into the matter.

A Madhya Pradesh Congress politician tweeted himself into a major controversy by comparing an array of central schemes, including demonetisation and GST, to "daughters" forced upon the country to get a "son" - Vikas (development)

Finance Minister Nirmala Sitharaman made everyone miss lunch with a Budget speech that lasted more than two and half hours. In that time she gave us a fix for everything from agricultural to gene banks, so much so that she ran out of steam and couldn't finish last two pages.

Eight people were arrested for allegedly possessing demonetised currency notes worth Rs 1.5 crore, Goa police said today. The demonetised currency was seized during a routine search of vehicles at the Pollem border check post in South Goa on Friday, deputy superintendent of police (Canacona) Kiran Paudwal.

It was supposed to be the grand launch of the BJP's Delhi campaign by Prime Minister Narendra Modi. But the protracted Modi speech at Delhi's Ram Lila Maidan was loaded with dollops of denial about the flawed CAA/NRC which has seen at least 20 people killed in nationwide protests. There was also plenty of the Modi self-pity last on display during a...

About 146 kg of gold jewellery worth over Rs 82 crore has been seized by the ED after it raided the premises of a Hyderabad-based jewellery group and its associates in connection with a post demonetisation money laundering case

The sudden move to ban high-value currency notes in 2016 was not a "jhatka" (shock) as people with black money were warned a year earlier, Prime Minister Narendra Modi said in an interview to news agency ANI on Tuesday, defending demonetisation.

Congress leader P Chidambaram on Saturday said it was heartening that persons who were in key posts in the government were "shedding their fear and breaking silence" on important policies and decisions.

Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8 per cent in the seven quarters after it against the 8 per cent recorded prior to the notes ban, says former Chief Economic Advisor or CEA Arvind Subramanian.

Two years after India's Prime Minister Narendra Modi shocked the nation by banning high-value cash notes, the opposition is still trying to score political points from the damage done to the economy.

In the United States, Nov. 8, 2016 is remembered as the day Donald Trump was elected president. In India, it is the day that cash disappeared. Exactly two years ago, India embarked on one of the boldest economic policy moves the world has seen in decades: the government abruptly invalidated the two most popular bank notes in circulation in what Pri...

Finance Minister Arun Jaitley posted a strong defence of demonetisation today as opposition parties seized the second anniversary of the move to rip into the government and even demand an apology from Prime Minister Narendra Modi. In a Facebook post, the minister described PM Modi's overnight ban on higher currency notes on November 8, 2016, as a "...

In all of India's economic history, it's hard to find anything quite as indefensible as demonetisation. In fact, its irrationality is world-beating - Narendra Modi promised to put us on the world map, and he has - just not the way we expected.

In the chaotic final months of 2016, angry citizens were slamming the Reserve Bank of India by calling it the "Reverse Bank." It's taken Governor Urjit Patel, who had only recently stepped into the top job, almost two years to reassert his authority and reestablish the institution's credibility with a couple of notable successes just this week.

West Bengal Chief Minister Mamata Banerjee on Thursday said the devalued rupee will lead to increase of oil import bills and small businesses will be killed further post the demonetisation.

The Uttarakhand High Court on Tuesday cancelled a case against a journalist for a social media post alleging that a man from Jharkhand deposited money after demonetisation into the bank account of a couple related to Chief Minister Trivendra Singh Rawat and directed that a CBI inquiry be conducted into the matter.

A Madhya Pradesh Congress politician tweeted himself into a major controversy by comparing an array of central schemes, including demonetisation and GST, to "daughters" forced upon the country to get a "son" - Vikas (development)

Finance Minister Nirmala Sitharaman made everyone miss lunch with a Budget speech that lasted more than two and half hours. In that time she gave us a fix for everything from agricultural to gene banks, so much so that she ran out of steam and couldn't finish last two pages.

Eight people were arrested for allegedly possessing demonetised currency notes worth Rs 1.5 crore, Goa police said today. The demonetised currency was seized during a routine search of vehicles at the Pollem border check post in South Goa on Friday, deputy superintendent of police (Canacona) Kiran Paudwal.

It was supposed to be the grand launch of the BJP's Delhi campaign by Prime Minister Narendra Modi. But the protracted Modi speech at Delhi's Ram Lila Maidan was loaded with dollops of denial about the flawed CAA/NRC which has seen at least 20 people killed in nationwide protests. There was also plenty of the Modi self-pity last on display during a...

About 146 kg of gold jewellery worth over Rs 82 crore has been seized by the ED after it raided the premises of a Hyderabad-based jewellery group and its associates in connection with a post demonetisation money laundering case

The sudden move to ban high-value currency notes in 2016 was not a "jhatka" (shock) as people with black money were warned a year earlier, Prime Minister Narendra Modi said in an interview to news agency ANI on Tuesday, defending demonetisation.

Congress leader P Chidambaram on Saturday said it was heartening that persons who were in key posts in the government were "shedding their fear and breaking silence" on important policies and decisions.

Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8 per cent in the seven quarters after it against the 8 per cent recorded prior to the notes ban, says former Chief Economic Advisor or CEA Arvind Subramanian.

Two years after India's Prime Minister Narendra Modi shocked the nation by banning high-value cash notes, the opposition is still trying to score political points from the damage done to the economy.

In the United States, Nov. 8, 2016 is remembered as the day Donald Trump was elected president. In India, it is the day that cash disappeared. Exactly two years ago, India embarked on one of the boldest economic policy moves the world has seen in decades: the government abruptly invalidated the two most popular bank notes in circulation in what Pri...

Finance Minister Arun Jaitley posted a strong defence of demonetisation today as opposition parties seized the second anniversary of the move to rip into the government and even demand an apology from Prime Minister Narendra Modi. In a Facebook post, the minister described PM Modi's overnight ban on higher currency notes on November 8, 2016, as a "...

In all of India's economic history, it's hard to find anything quite as indefensible as demonetisation. In fact, its irrationality is world-beating - Narendra Modi promised to put us on the world map, and he has - just not the way we expected.

In the chaotic final months of 2016, angry citizens were slamming the Reserve Bank of India by calling it the "Reverse Bank." It's taken Governor Urjit Patel, who had only recently stepped into the top job, almost two years to reassert his authority and reestablish the institution's credibility with a couple of notable successes just this week.

West Bengal Chief Minister Mamata Banerjee on Thursday said the devalued rupee will lead to increase of oil import bills and small businesses will be killed further post the demonetisation.