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Demonetisation

Rs 2000 notes to be banned or not? All doubts cleared! Check latest news, answer directly from Modi government

Rs 2000 notes to be banned or not? All doubts cleared! Check latest news, answer directly from Modi government

Sat, Dec 14, 2019

Are you also worried about the unconfirmed reports/rumours spreading in the market that Modi government may soon take big step to ban Rs 2000 notes?

Zero tolerance! After demonetisation and surgical strike, Modi govt is gearing up for this huge action - Must know for Indians

Zero tolerance! After demonetisation and surgical strike, Modi govt is gearing up for this huge action - Must know for Indians

Sat, Nov 16, 2019

Big action coming soon!

Good news for homebuyers! Finally, branded real estate developers beat non-branded entities

Good news for homebuyers! Finally, branded real estate developers beat non-branded entities

Tue, Jul 30, 2019

In H1 2019 near 1,39,480 units in the top 7 cities i.e. over 53% were launched by branded developers, and 47% by non-branded entities.

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Impact of Demonetisation, GST on Textile Industry: Modi government says this now

Impact of Demonetisation, GST on Textile Industry: Modi government says this now

Thu, Jul 18, 2019

Impact of Demonetisation, GST on Textile Industry: PM Narendra Modi-led Union Government today said that no negative impact of demonetisation was observed by the Textile Ministry during its implementation of schemes and field visits.

Did you get fake Rs 500, Rs 2000, other currency notes? Find out fast

Did you get fake Rs 500, Rs 2000, other currency notes? Find out fast

Fri, Apr 05, 2019

This photo by IANS shows fake Rs 500, Rs 2000 and other currency notes that have been confiscated by police. You should log-in to RBI's official website Paisa Bolta Hai to ensure that no one passes such fake notes on to you.

Demonetisation good move to boost economy in the long run though people faced hardships: Aditya Puri

Demonetisation good move to boost economy in the long run though people faced hardships: Aditya Puri

Mon, Apr 01, 2019

HDFC Bank Managing Director (MD) Aditya Puri Sunday said the demonetisation in 2016 was a good move to boost economy in the long run, though the measure had brought hardship to the people at the initial stage.

Demonetisation Impact: Record 14 lakh suspicious transactions, Rs 19,627 crore in black money detected

Demonetisation Impact: Record 14 lakh suspicious transactions, Rs 19,627 crore in black money detected

Sun, Mar 31, 2019

The demonetisaton of two high-value currency notes of Rs 1000 and Rs 500 was declared by Prime Minister Narendra Modi on the night of November 8, 2016. Huge cash was deposited in banks and multiple inter-bank transactions ensued post this announcement.

Have Rs 2000 note? Fake or real? Here is foolproof way to identify the currency

Have Rs 2000 note? Fake or real? Here is foolproof way to identify the currency

Tue, Mar 26, 2019

The new Rs 2000 note has motif of the Mangalyaan on the reverse, depicting the country's first venture into interplanetary space.

Is your Rs 100 note fake or genuine? Here is how you can check

Is your Rs 100 note fake or genuine? Here is how you can check

Wed, Mar 13, 2019

The lavender coloured notes were unveiled last year in July under the Mahatma Gandhi New Series.

Demonetisation: Revealed! Who placed government's proposal to ban Rs 500, Rs 1000 notes before RBI Board?

Demonetisation: Revealed! Who placed government's proposal to ban Rs 500, Rs 1000 notes before RBI Board?

Wed, Mar 13, 2019

Demonetisation, Note Ban: The government's proposal to ban Rs 500 and 1000 notes was placed by the then RBI Deputy Governor Rama Subramaniam Gandhi before its board, which resolved to back the move in "larger public interest" though some directors raised concerns about short-term negative impact

Demonetisation Data: On Banned Rs 500, Rs 1000 Currency Notes, Here's Latest RBI Answer

Demonetisation Data: On Banned Rs 500, Rs 1000 Currency Notes, Here's Latest RBI Answer

Sun, Mar 10, 2019

The RBI in reply to an RTI query said it has no data on the old 500 and 1,000 rupee notes used to pay for utility bills such as fuel at petrol pumps, which are believed to have formed a good part of the demonetised currency that returned to the banking system.

Where is Black Money? Report reveals this location, two years after demonetisation

Where is Black Money? Report reveals this location, two years after demonetisation

Fri, Feb 22, 2019

Contrary to the popular belief, reports of three studies commissioned by the government say that 90-97.2% of the black money is inside the country while only 2.8-19% has been taken out of the country.

PM credits noteban for bringing down house prices

PM credits noteban for bringing down house prices

Wed, Jan 30, 2019

Prime Minister Narendra Modi on Wednesday credited the demonetisation exercise by his government for bringing down prices of houses and making them affordable for the youth.

India needs more currency, says source, reveals why

India needs more currency, says source, reveals why

Thu, Jan 17, 2019

With the country's GDP size increasing in quantitative terms, there could be need for more currency in the economy, a source said here Thursday.

Rs 2000 note printing stopped? Will it remain valid? Here's government's response

Rs 2000 note printing stopped? Will it remain valid? Here's government's response

Fri, Jan 04, 2019

Over two years after the launch of new Rs 2000 currency notes post the shock demonetisation decision, the government is said to have stopped printing them, according to a media report.

Narendra Modi’s first interview of 2019

Narendra Modi’s first interview of 2019

Tue, Jan 01, 2019

In an interview with ANI on the first day of the New Year, PM Narendra Modi spoke on a range of topics—from the Ram Mandir issue to Pakistan, surgical strikes and 2019 Lok Sabha elections.

PM Modi defends govt on criticism over demonetisation, Urjit Patel's resignation as RBI governor

PM Modi defends govt on criticism over demonetisation, Urjit Patel's resignation as RBI governor

Tue, Jan 01, 2019

Prime Minister Narendra Modi on Wednesday said that the demonetisation drive announced by him on November 8, 2016 was not a shock as the government had warned people having black money a year ago. Responding to criticism over surprise resignation of Urjit Patel as RBI Governor, PM Modi said that the former requested to resign on personal reasons, adding that there was no political pressure on him.

Liquidity crunch, affordable housing mark Indian realty's revival year

Liquidity crunch, affordable housing mark Indian realty's revival year

Wed, Dec 26, 2018

The year turned out to be an eventful one for the Indian real estate marked by the improvement in sales and its return to stability after the double blow of GST and demonetisation.

Demonetisation slowed down GDP by 2 percentage points in Q4 2016, says economist Gita Gopinath

Demonetisation slowed down GDP by 2 percentage points in Q4 2016, says economist Gita Gopinath

Tue, Dec 18, 2018

India-born Harvard professor Gopinath, 46, is set to take charge as the chief economist at the International Monetary Fund (IMF) next month. The paper further said that districts experiencing more severe demonetisation had relative reductions in economic activity, faster adoption of alternative payment technologies and lower bank credit growth.

Kotak Mahindra Bank chief Uday Kotak says demonetisation was poorly executed

Kotak Mahindra Bank chief Uday Kotak says demonetisation was poorly executed

Mon, Dec 10, 2018

The outcome of the controversial demonetisation drive would have been "significantly better" if "simple things" like introducing Rs 2,000 currency notes were avoided, banker Uday Kotak has said.

Demonetisation threw up political, economic puzzles: Arvind Subramanian

Demonetisation threw up political, economic puzzles: Arvind Subramanian

Mon, Dec 10, 2018

Subramanian, currently teaching at Harvard Kennedy School, and here for the launch of his book "Of Counsel: The Challenges of the Modi-Jaitley Economy", published by Penguin, referred to the chapter "The Two Puzzles of Demonetisation -- Political and Economic".

India a cashless economy? Digital transactions continue to rise, UPI gains popularity; know how digital payment industry see ache din

India a cashless economy? Digital transactions continue to rise, UPI gains popularity; know how digital payment industry see ache din

Fri, Nov 30, 2018

Not many regions especially the rural areas, have been comfortable in using digital portals. However, electronic payment system has been a success story for the NDA government.

Demonetisation a massive, draconian, monetary shock: Arvind Subramanian

Demonetisation a massive, draconian, monetary shock: Arvind Subramanian

Thu, Nov 29, 2018

Breaking his silence on the November 8, 2016 decision of PM Modi, Arvind Subramanian says that he does not have a strongly-backed empirical view apart from the fact that the welfare costs, especially on the informal sector, were substantial.

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