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Rs 11.3 lakh crore lost, 1.6 crore jobs gone due to note ban, GST, COVID

Rs 11.3 lakh crore lost, 1.6 crore jobs gone due to note ban, GST, COVID

According to India Ratings and Research, the macroeconomic shocks from demonetisation, GST implementation, and COVID-19 resulted in a cumulative loss of Rs 11.3 lakh crore, equivalent to 4.3% of India's GDP in FY 2022-23.

10 July 2024 9:44 AM GMT

Justice BV Nagarathna says demonetisation was way of changing black money into white

Justice BV Nagarathna says demonetisation was way of changing black...

1 April 2024 6:51 AM GMT

Rs 2,000 notes worth 9,760 crore yet to be returned, says RBI

The central bank clarified that 97.26% of the high-value currency notes prevalent as of May 19, 2023, have since been...

2023-12-01T14:55:04+05:30

EOW questions people in queues outside RBI Bhubaneswar to exchange Rs 2000 notes

EOW questions people in queues outside RBI Bhubaneswar to exchange Rs 2000 notes

"How come most of the people in the queue have exactly 10 pieces of Rs 2,000 currency notes? There is reason to doubt...

2023-11-02T16:04:28+05:30

Withdrawal of Rs 2000 notes: Only a fair investigation will reveal truth says Kharge

Withdrawal of Rs 2000 notes: Only a fair investigation will reveal truth says Kharge

"Now the 'second demonetisation' on Rs 2,000 note... Is there a veil over the wrong decision? Only an unbiased...

2023-05-20T14:05:22+05:30

Cancelling ₹2,000 notes will curb black money, claims ex-RBI official

Cancelling ₹2,000 notes will curb black money, claims ex-RBI official

Mumbai: Withdrawing the Rs 2,000 bank notes will check black money to a great extent, former Reserve Bank Deputy...

2023-05-19T22:45:02+05:30

RBI to withdraw Rs 2,000 notes; last date to exchange is Sep 30

RBI to withdraw Rs 2,000 notes; last date to exchange is Sep 30

Decision to withdraw the denomination part of the "Clean Note Policy", RBI stated

2023-05-19T19:59:32+05:30

Two judgments for the nation

Two judgments for the nation

The majority judgements of the Constitution Bench have been formulated in these two verdicts by highlighting the...

2023-01-05T09:37:14+05:30

Fake currency notes continue to pose challenges even after demonetisation: Report

Fake currency notes continue to pose challenges even after demonetisation: Report

According to a report of the National Crime Control Bureau (NCCB), FICN with a face value of Rs 245.33 crore has been...

2023-01-04T17:02:39+05:30

Except a few out there, RBI was ‘never in the loop’ about demonetisation: report

Except a few out there, RBI was ‘never in the loop’ about demonetisation: report

It is reported that the Central Board of Reserve Bank of India recommended the proposal to withdraw Rs 500 and 1000 in...

2023-01-03T15:16:10+05:30

Justice Nagarathna calls demonetisation ‘Unlawful, vitiated

Justice Nagarathna calls demonetisation ‘Unlawful, vitiated'

Justice Nagarathna emphasized that she is not questioning the 'noble objectives' of the exercise itself, but only the...

2023-01-02T15:41:27+05:30

Supreme Court might pronounce verdict on demonetisation on Monday

Supreme Court might pronounce verdict on demonetisation on Monday

The court is reopening on January 2 after the winter break; it heard the matter after a batch of 58 petitions

2023-01-01T21:25:46+05:30

Demonetisation: Supreme Court to pronounce verdict on Jan 2

A five-judge Constitution bench presided over by Justice S. A. Nazeer, who will retire on January 4, is expected to...

2022-12-23T11:43:31+05:30

SC completes hearing pleas challenging currency ban, directs RBI to submit documents

SC completes hearing pleas challenging 'currency ban', directs RBI to submit documents

The Supreme Court reserved its verdict on the Central government’s decision to demonetise currency notes of Rs 1000 and...

2022-12-07T14:42:42+05:30

Wont sit with folded hands, SC questions Centre on demonetisation

Won't sit with folded hands, SC questions Centre on demonetisation

Justice Nagarathna, one of the five-member bench considering the petition, made the observation when the Reserve Bank of...

2022-12-07T11:09:38+05:30

Centre to SC: demonetisation a well-considered move to tackle terror funding, black money

Centre to SC: demonetisation a 'well-considered' move to tackle terror funding, black money

"Rooting out the menace of fake currency, black money and financing of subversive activities, expansion of the formal...

2022-11-17T11:48:35+05:30