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Special court refuses bail to private bank manager in demonetisation fraud

In a case of alleged irregularities in facilitating the conversion of about Rs 35 crore worth of demonetised currency, a special court has denied bail to a suspended officer of a...

May 24, 2017 18:42 PM

French economist Guy Sorman describes demonetisation as 'successful political coup'

Demonetisation which was hailed as Prime Minister Narendra Modi's masterstroke in cracking down black money and corruption is described by French economist Guy Sorman as a...

May 24, 2017 16:21 PM

RBI Governor Urjit Patel to brief Parliamentary panel on demonetisation on June 8

RBI Governor Urjit Patel’s appearance before a parliamentary panel for a second briefing on demonetisation has been put off from May 25 to June 8, as work on framing the monetary...

May 21, 2017 14:48 PM

CBDT unearthed Rs 16,398 crore unaccounted money post demonetisation

Unaccounted wealth worth Rs 16,398 crore has been unearthed by the Central Board of Direct Taxes (CBDT) post Narendra Modi government’s demonetisation move. The amount was...

May 17, 2017 10:54 AM

Modi govt's demonetisation move a despotic action, says Nobel Laureate Amartya Sen

Nobel Laureate Amartya Sen has called Modi government’s demonetisation move “despotic action that has struck at the root of economy based on trust”.

May 15, 2017 19:06 PM

Demonetisation effect: With 9.1 million new taxpayers added in 2016-17, unprecedented 80 per cent surge in Govt's yearly tax revenues

The government has been highly successful in increasing the tax penetration of the country by adding a staggering 9.1 million new taxpayers in 2016-17, an 80 percent surge over the...

May 12, 2017 14:33 PM

Of surgical strike, demonetisation and Pak's mutilation of Indian Army's jawans

If Pakistan does not return the severed head of the martyred soldier Hemraj, India should get at least 10 heads from the other side, thundered BJP leader Sushma Swaraj back in...

May 02, 2017 22:19 PM

Urjit Patel: The Reserve Bank of India kept ready a reasonable stock of new 500 and 2000 Rs notes before demonetisation

A reasonable stock of new Rs 500 and Rs 2,000 currency notes were kept ready by the Reserve Bank of India before the announcement of demonetisation on November 8 by Prime Minister...

Apr 27, 2017 22:35 PM

Rahul takes jibe at PM Modi’s demonetisation policy after Sukma attack, hopes 'revised strategy has little more impact'

The Congress leader tweeted that last it heard that demonetisation was the strategy to neturalise Naxalism. He said that he hoped that this revise strategy has little more purpose...

Apr 25, 2017 23:45 PM

Digital transactions surge by 23 times since demonetisation came into effect

Since the time demonetisation came into effect in last November, Digital transactions increased by about 23 times in March to nearly 64 lakh, with total value of Rs 2,425 crore.

Apr 14, 2017 18:53 PM