Demonitisation Of 500
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P Chidambaram Slams Centre Over RBI Report On Demonetisation
Senior Congress leader P Chidambaram today slammed the government after the RBI said that as much as 99.3 per cent of the demonetised Rs 500 and Rs 1,000 notes have returned to the banking system, saying the Indian economy had suffered due to the notes ban by way of job loss, closure of industries and the GDP growth.
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Demonetised Currency Worth Rs 1.68 Crore Seized In Thane, 3 Arrested
The Crime Branch personnel seized Rs 1.68 crore in old notes in Rs 500 and Rs 1,000 denominations from the accused
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A Year Since Note Ban, RBI Says Still Verifying Returned Notes
The returned Rs 500 and Rs 1,000 bills are being "processed in all earnest," the apex bank said.
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RBI Will Take Time To Count Scrapped Notes Deposited In Banks: Arun Jaitley
The Reserve Bank had received the last tranche of scrapped currency notes of Rs 500 and Rs 1,000 in July.
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Stock Of Rs 500, Rs 2000 Notes Was Ready Before Note Ban: RBI Governor Urjit Patel
The Reserve Bank had "kept ready" a reasonable stock of new Rs 500 and Rs 2,000 notes before the announcement of demonetisation on November 8 by Prime Minister Narendra Modi.
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Mamata Banerjee Announces Fund For 'Victims' Of Notes Ban
Demonetisation has burnt a Rs 350 crore-hole in West Bengal Chief Minister Mamata Banerjee's state budget. That money will be given to "victims", as it were, of the centre's move last November to abruptly scrap Rs 500 and 1,000 rupee notes: migrant workers who lost jobs in other states and had to return home and farmers and sharecroppers hit by the...
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Banned Notes: Holders Of Overseas Indian Citizen Cards Express Concern
Many PIOs or persons of Indian Origin and OCIs or Overseas Citizens of India were under the impression that they could exchange their old currency until the end of March. But they were in for a shock when they realised that only NRIs were allowed to do so.
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Even Trump Building Is Not Immune As India's Property Market Takes A Hit
After trying for four months to sell his apartment in a western suburb of Mumbai, Meher Verma decided to cut the price by 10 percent. With property demand plummeting in the wake of November's sudden ban on high-denomination notes, he's not sure the reduction will do the trick.
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3 Held With Old Currency Notes Worth Rs 31.65 Lakh In Ghaziabad
Three persons have been detained in Ghaziabad on Thursday with scrapped currency notes of Rs 500 and Rs 1,000 worth 31.65 lakh rupees, the city police said.
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Parliamentary Panel Summons RBI Chief Urjit Patel, Seeks Explanation On Notes Ban
A parliamentary committee probing the government's decision to scrap Rs 500, 1,000 bank notes, has sent the Reserve Bank of India governor Urjit Patel a list of questions on the demonetisation process and asked him to appear before it on Jan 20.
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NRIs Can Deposit Old Rs 500, 1,000 Notes Till June 30
Indians living abroad will be able to exchange old Rs 500 and Rs 1,000 notes at RBI offices till June 30, the External Affairs Ministry announced today.
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State Bank of India Leads The Way With Rate Cuts, Congress, Trinamool Not Impressed
A day after Prime Minister Narendra Modi appealed to banks to make loans easily available to "the poor, lower middle class and the middle class," three public sector banks lowered their lending rates.
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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%.
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Unaccounted Cash Worth Rs 36 Lakh In 2,000 Notes Seized In Tamil Nadu
Unaccounted cash worth Rs 36 lakh in the denomination of Rs 2000 notes were seized from a car in Coimbatore's Tirupur district, early today.
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Over Rs 26 Lakh New Currency Notes Seized, 2 held
Two people were arrested today with fake currency in the denominations of newly introduced Rs 2,000 and Rs 500, having a face value of 26.10 lakhs, police said.
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P Chidambaram Slams Centre Over RBI Report On Demonetisation
Senior Congress leader P Chidambaram today slammed the government after the RBI said that as much as 99.3 per cent of the demonetised Rs 500 and Rs 1,000 notes have returned to the banking system, saying the Indian economy had suffered due to the notes ban by way of job loss, closure of industries and the GDP growth.
-
Demonetised Currency Worth Rs 1.68 Crore Seized In Thane, 3 Arrested
The Crime Branch personnel seized Rs 1.68 crore in old notes in Rs 500 and Rs 1,000 denominations from the accused
-
A Year Since Note Ban, RBI Says Still Verifying Returned Notes
The returned Rs 500 and Rs 1,000 bills are being "processed in all earnest," the apex bank said.
-
RBI Will Take Time To Count Scrapped Notes Deposited In Banks: Arun Jaitley
The Reserve Bank had received the last tranche of scrapped currency notes of Rs 500 and Rs 1,000 in July.
-
Stock Of Rs 500, Rs 2000 Notes Was Ready Before Note Ban: RBI Governor Urjit Patel
The Reserve Bank had "kept ready" a reasonable stock of new Rs 500 and Rs 2,000 notes before the announcement of demonetisation on November 8 by Prime Minister Narendra Modi.
-
Mamata Banerjee Announces Fund For 'Victims' Of Notes Ban
Demonetisation has burnt a Rs 350 crore-hole in West Bengal Chief Minister Mamata Banerjee's state budget. That money will be given to "victims", as it were, of the centre's move last November to abruptly scrap Rs 500 and 1,000 rupee notes: migrant workers who lost jobs in other states and had to return home and farmers and sharecroppers hit by the...
-
Banned Notes: Holders Of Overseas Indian Citizen Cards Express Concern
Many PIOs or persons of Indian Origin and OCIs or Overseas Citizens of India were under the impression that they could exchange their old currency until the end of March. But they were in for a shock when they realised that only NRIs were allowed to do so.
-
Even Trump Building Is Not Immune As India's Property Market Takes A Hit
After trying for four months to sell his apartment in a western suburb of Mumbai, Meher Verma decided to cut the price by 10 percent. With property demand plummeting in the wake of November's sudden ban on high-denomination notes, he's not sure the reduction will do the trick.
-
3 Held With Old Currency Notes Worth Rs 31.65 Lakh In Ghaziabad
Three persons have been detained in Ghaziabad on Thursday with scrapped currency notes of Rs 500 and Rs 1,000 worth 31.65 lakh rupees, the city police said.
-
Parliamentary Panel Summons RBI Chief Urjit Patel, Seeks Explanation On Notes Ban
A parliamentary committee probing the government's decision to scrap Rs 500, 1,000 bank notes, has sent the Reserve Bank of India governor Urjit Patel a list of questions on the demonetisation process and asked him to appear before it on Jan 20.
-
NRIs Can Deposit Old Rs 500, 1,000 Notes Till June 30
Indians living abroad will be able to exchange old Rs 500 and Rs 1,000 notes at RBI offices till June 30, the External Affairs Ministry announced today.
-
State Bank of India Leads The Way With Rate Cuts, Congress, Trinamool Not Impressed
A day after Prime Minister Narendra Modi appealed to banks to make loans easily available to "the poor, lower middle class and the middle class," three public sector banks lowered their lending rates.
-
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%.
-
Unaccounted Cash Worth Rs 36 Lakh In 2,000 Notes Seized In Tamil Nadu
Unaccounted cash worth Rs 36 lakh in the denomination of Rs 2000 notes were seized from a car in Coimbatore's Tirupur district, early today.
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Over Rs 26 Lakh New Currency Notes Seized, 2 held
Two people were arrested today with fake currency in the denominations of newly introduced Rs 2,000 and Rs 500, having a face value of 26.10 lakhs, police said.
