Demonetisaion

In a strong dissent to the Supreme Court's decision on demonetisation, Shiv Sena in its mouthpiece 'Saamana' on Wednesday said that calling the government decision "valid" means to "support the economic massacre of the country".

The Supreme Court will today pronounce its verdict on a batch of petitions challenging the Union Government's 2016 decision to demonetise the currency bills of Rs 500 and Rs 1,000 denominations.

In a stinging attack on the demonetisation exercise, senior Congress leader Randeep Singh Surjewala today dubbed it as the "biggest scam in independent India" due to which citizens lost their lives, jobs and life-long savings.

IMF has underscored the significance of reforms in other key sectors like education, health and improving the efficiency of the banking and financial systems.

Just after two hours of the Finance Minister Mr Arun Jaitley saying that demonetisation has broken the back of terror funding the National Investigation Agency (NIA) claimed that it had seized over Rs 36 crore in demonetised notes in a terror funding case. Nine people have been arrested in the matter.

Four sacks full of shredded pieces of scrapped currency notes of Rs 500 and Rs 1,000 denominations were found in a pile of garbage here, police said.

Senior Congress leader P Chidambaram today dared Prime Minister Narendra Modi to have the "courage" to accept that note ban was a wrong decision.

Asking the business community to "encash" the "Brand India" built by the government globally, BJP chief Amit Shah today said that demonetisation was an example of the tough decisions the government had taken to boost the economy, news agency PTI reported.

Quality control is ensured at each stage of banknote production, RBI said in a statement

Massive searches, seizures and surveys by the Income Tax department over the last three years have led to the detection of around Rs 71,941 crore worth "undisclosed income", the Centre has told the Supreme Court.

The panel would submit its report on demonetisation during the Monsoon Session of Parliament starting on July 17.

An official of a private bank who allegedly helped Anubhav Mittal - the mastermind of the 3,700 crore online Ponzi scam busted in Noida last week - siphon off money has been arrested by the Uttar Pradesh police. Investigators suspect a chunk of the funds the company got from investors - around 3,000 crore - may have been transferred abroad and the ...

Rahul Gandhi, just back from an 11-day vacation abroad, is likely to cancel a visit to China next week amid criticism that he has been away holidaying while his Congress party prepares to fight crucial elections in five states. The Congress vice president had planned to lead a party delegation to China on the invitation of the central party there -...

Virtually all the banned 500 and 1,000-rupee notes have been turned into banks, according to a report by Bloomberg, which means that the government's abrupt demonetisation drive has failed to uncover and destroy black money.

It will be a crime to have more than 10 banned notes after Friday, under a new rule approved by the government. An ordinance or executive order was cleared by the cabinet on Wednesday and will be sent to the President for his sign-off. 500 and 1,000-rupee notes were banned by the government on November 8 in a massive anti-corruption move. Old notes...

In a strong dissent to the Supreme Court's decision on demonetisation, Shiv Sena in its mouthpiece 'Saamana' on Wednesday said that calling the government decision "valid" means to "support the economic massacre of the country".

The Supreme Court will today pronounce its verdict on a batch of petitions challenging the Union Government's 2016 decision to demonetise the currency bills of Rs 500 and Rs 1,000 denominations.

In a stinging attack on the demonetisation exercise, senior Congress leader Randeep Singh Surjewala today dubbed it as the "biggest scam in independent India" due to which citizens lost their lives, jobs and life-long savings.

IMF has underscored the significance of reforms in other key sectors like education, health and improving the efficiency of the banking and financial systems.

Just after two hours of the Finance Minister Mr Arun Jaitley saying that demonetisation has broken the back of terror funding the National Investigation Agency (NIA) claimed that it had seized over Rs 36 crore in demonetised notes in a terror funding case. Nine people have been arrested in the matter.

Four sacks full of shredded pieces of scrapped currency notes of Rs 500 and Rs 1,000 denominations were found in a pile of garbage here, police said.

Senior Congress leader P Chidambaram today dared Prime Minister Narendra Modi to have the "courage" to accept that note ban was a wrong decision.

Asking the business community to "encash" the "Brand India" built by the government globally, BJP chief Amit Shah today said that demonetisation was an example of the tough decisions the government had taken to boost the economy, news agency PTI reported.

Quality control is ensured at each stage of banknote production, RBI said in a statement

Massive searches, seizures and surveys by the Income Tax department over the last three years have led to the detection of around Rs 71,941 crore worth "undisclosed income", the Centre has told the Supreme Court.

The panel would submit its report on demonetisation during the Monsoon Session of Parliament starting on July 17.

An official of a private bank who allegedly helped Anubhav Mittal - the mastermind of the 3,700 crore online Ponzi scam busted in Noida last week - siphon off money has been arrested by the Uttar Pradesh police. Investigators suspect a chunk of the funds the company got from investors - around 3,000 crore - may have been transferred abroad and the ...

Rahul Gandhi, just back from an 11-day vacation abroad, is likely to cancel a visit to China next week amid criticism that he has been away holidaying while his Congress party prepares to fight crucial elections in five states. The Congress vice president had planned to lead a party delegation to China on the invitation of the central party there -...

Virtually all the banned 500 and 1,000-rupee notes have been turned into banks, according to a report by Bloomberg, which means that the government's abrupt demonetisation drive has failed to uncover and destroy black money.

It will be a crime to have more than 10 banned notes after Friday, under a new rule approved by the government. An ordinance or executive order was cleared by the cabinet on Wednesday and will be sent to the President for his sign-off. 500 and 1,000-rupee notes were banned by the government on November 8 in a massive anti-corruption move. Old notes...