India Demonetisation
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ED Seizes 'Biggest' Crypto Fund Worth Rs. 1,646 crore in PMLA Case
The ED has busted a mega money laundering scheme, seizing Rs. 1,646 crore of crypto assets. The ED case, filed under the Prevention of Money Laundering Act (PMLA), stems from an FIR of the Surat Police crime branch which said the alleged fraud that took place between November 2016 - January 2018 (after demonetisation).
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Shaktikanta Das: Man Behind GST, Monetary Response During Covid
Shaktikanta Das, who will demit office as the Governor of the Reserve Bank of India on Tuesday, was the key man behind the planning and execution of the demonetisation drive and rollout of the landmark Goods and Services Tax (GST).
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"I Had To Dissent": Justice Nagarathna On Demonetisation Judgment
Supreme Court Judge BV Nagarathna has cautioned against instances of governors sitting indefinitely on bills passed by elected legislatures, referring to the case involving the Punjab Governor.
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Madhya Pradesh's Bizarre Currency Exchange Plot Involves Occultist, Djinn
The Crime Branch team seized the demonetised notes and promptly informed the Election Commission and the Income Tax Department. Their ongoing investigation aims to determine whether these notes were intended for distribution among villagers.
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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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Courts Must Refrain From Delving Into RBI's Monetary Framework: High Court
The Reserve Bank of India (RBI) plays an important role in shaping the country's economy, and courts should refrain from delving into the monetary regulatory framework, the Bombay High Court said.
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RBI Defends Before Delhi High Court Rs 2,000 Banknote Exchange Exercise
The Reserve Bank of India (RBI) today told the Delhi High Court that withdrawal of Rs 2000 notes is not demonetisation but a statutory exercise, and the decision to enable their exchange was taken for operational convenience.
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Deluge Of Rs 2,000 Notes At Petrol Stations, Staff Says "No Change"
Stung by their ordeal following the shock demonetisation of 2016, Delhi residents are making a beeline to petrol stations to offload Rs 2,000 notes that are being withdrawn from circulation.
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Your Top 6 Questions On Withdrawal Of Rs 2,000 Notes Answered
The bank clarified that the Rs 2000 notes will continue to be legal tender even after September 30.
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Are Rs 1,000 Notes Coming Back? RBI Governor's Reply
The Reserve Bank of India (RBI) does not have a plan to reintroduce Rs 1,000 bank notes to ease the impact following the withdrawal of Rs 2,000 notes, RBI governor Shaktikanta Das said today, calling reports on the subject "speculative".
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"Typical Of Our...": Congress' Jibe At PM Modi Over Rs 2,000 Notes Withdrawal
The Congress targeted the prime minister on Friday over the RBI announcement on the withdrawal of Rs 2,000 currency notes from circulation, saying the move was "typical of our self-styled vishwaguru" and his method of "first act, second think".
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Shiv Sena's Editorial Slams Notes Ban Decision, Calls It "Economic Terrorism"
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".
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Ex Law Minister Says Demonetisation Didn't Work, Asks Who Should Apologise
Rajya Sabha MP and former law minister Kapil Sibal on Tuesday said the government had failed to achieve any of the objectives of the demonetisation exercise and asked who should apologise for it.
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Cash Circulation In Public Nearly Doubled In 6 Years Since Notes Ban
Six years after the shock move to ban 86 per cent of the currency in circulation, cash is still the king with official data showing close to doubling of cash with the public.
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What Finance Minister Nirmala Sitharaman Said On Supreme Court's Demonetisation Verdict
Finance Minister Nirmala Sitharaman today welcomed the Supreme Court's verdict on demonetisation.
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ED Seizes 'Biggest' Crypto Fund Worth Rs. 1,646 crore in PMLA Case
The ED has busted a mega money laundering scheme, seizing Rs. 1,646 crore of crypto assets. The ED case, filed under the Prevention of Money Laundering Act (PMLA), stems from an FIR of the Surat Police crime branch which said the alleged fraud that took place between November 2016 - January 2018 (after demonetisation).
-
Shaktikanta Das: Man Behind GST, Monetary Response During Covid
Shaktikanta Das, who will demit office as the Governor of the Reserve Bank of India on Tuesday, was the key man behind the planning and execution of the demonetisation drive and rollout of the landmark Goods and Services Tax (GST).
-
"I Had To Dissent": Justice Nagarathna On Demonetisation Judgment
Supreme Court Judge BV Nagarathna has cautioned against instances of governors sitting indefinitely on bills passed by elected legislatures, referring to the case involving the Punjab Governor.
-
Madhya Pradesh's Bizarre Currency Exchange Plot Involves Occultist, Djinn
The Crime Branch team seized the demonetised notes and promptly informed the Election Commission and the Income Tax Department. Their ongoing investigation aims to determine whether these notes were intended for distribution among villagers.
-
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.
-
Courts Must Refrain From Delving Into RBI's Monetary Framework: High Court
The Reserve Bank of India (RBI) plays an important role in shaping the country's economy, and courts should refrain from delving into the monetary regulatory framework, the Bombay High Court said.
-
RBI Defends Before Delhi High Court Rs 2,000 Banknote Exchange Exercise
The Reserve Bank of India (RBI) today told the Delhi High Court that withdrawal of Rs 2000 notes is not demonetisation but a statutory exercise, and the decision to enable their exchange was taken for operational convenience.
-
Deluge Of Rs 2,000 Notes At Petrol Stations, Staff Says "No Change"
Stung by their ordeal following the shock demonetisation of 2016, Delhi residents are making a beeline to petrol stations to offload Rs 2,000 notes that are being withdrawn from circulation.
-
Your Top 6 Questions On Withdrawal Of Rs 2,000 Notes Answered
The bank clarified that the Rs 2000 notes will continue to be legal tender even after September 30.
-
Are Rs 1,000 Notes Coming Back? RBI Governor's Reply
The Reserve Bank of India (RBI) does not have a plan to reintroduce Rs 1,000 bank notes to ease the impact following the withdrawal of Rs 2,000 notes, RBI governor Shaktikanta Das said today, calling reports on the subject "speculative".
-
"Typical Of Our...": Congress' Jibe At PM Modi Over Rs 2,000 Notes Withdrawal
The Congress targeted the prime minister on Friday over the RBI announcement on the withdrawal of Rs 2,000 currency notes from circulation, saying the move was "typical of our self-styled vishwaguru" and his method of "first act, second think".
-
Shiv Sena's Editorial Slams Notes Ban Decision, Calls It "Economic Terrorism"
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".
-
Ex Law Minister Says Demonetisation Didn't Work, Asks Who Should Apologise
Rajya Sabha MP and former law minister Kapil Sibal on Tuesday said the government had failed to achieve any of the objectives of the demonetisation exercise and asked who should apologise for it.
-
Cash Circulation In Public Nearly Doubled In 6 Years Since Notes Ban
Six years after the shock move to ban 86 per cent of the currency in circulation, cash is still the king with official data showing close to doubling of cash with the public.
-
What Finance Minister Nirmala Sitharaman Said On Supreme Court's Demonetisation Verdict
Finance Minister Nirmala Sitharaman today welcomed the Supreme Court's verdict on demonetisation.
