Wednesday, July 28, 2021
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Currency Demonetisation

By year-end, India won’t have black money: Amit Shah

BJP President Amit Shah on Tuesday rubbished the allegations of opposition parties on the land deals by the party saying that these deals were authorised in January 2015 itself.

Lok Sabha deadlock forces adjournment for the day

The opposition again disrupted Lok Sabha proceedings persistently demanding a discussion on demonetisation under a rule that entails voting, forcing Speaker Sumitra Mahajan to adjourn the house for the day shortly after noon.

Lok Sabha adjourned for the day as ruckus continues

The Lower House of the Parliament witnessed pandemonium over the demonetisation of Rs 500 and Rs 1,000 currency notes as the opposition led by Congress and TMC continued their demand to discuss the issue under a rule which entails voting.

ATMs new ‘sweet spot’ for cyber criminals in India: Report

At a time when people are making serpentine queues at ATM kiosks to withdraw cash owing to demonetisation, a new report said on Monday that cyber attacks on ATMs will rise in the Asia-Pacific (APAC) region in 2017.

Opposition seeks Modi’s apology, disrupts Rajya Sabha

Amid opposition's pandemonium, the Rajya Sabha was adjourned twice seeking Prime Minister Narendra Modi's apology for saying that demonetisation was being denounced because its critics had been tripped by the sudden announcement.

Guarantee scheme back to deal with piles of Rs 500/1000 notes

The central bank said in view of the problem of mounting deposits it has decided to revive the Guarantee Scheme wherein banks can deposit the notes directly with the offices of RBI under whose jurisdiction they are located.

Farmers, victims of demonetisation

Money crunch affects agrarian community.

Lok Sabha Speaker disallows adjournment motion for demonetisation debate

Lok Sabha Speaker Sumitra Mahajan disallowed the adjournment motion notices by opposition parties for a debate on demonetisation, amid huge uproar from opposition benches.

No relief for people in Telangana, Andhra for 13th day

Long queues were seen at banks and ATMs in Hyderabad, Warangal and other towns in Telangana. The situation was no different in Vijayawada, Visakhapatnam and other towns in neighbouring Andhra Pradesh.

Lok Sabha adjourned for day after repeated ruckus over demonetisation

Opposition parties, including the Congress and the Trinamool Congress, created pandemonium in the Lok Sabha over the demonetisation of high-value currency notes, forcing the Speaker to adjourn the House twice in the pre-noon session and then finally for the day.

Demonetisation after-effects to last longer: Chidambaram

"The PM's time out for 50 days might ease the liquidity crisis at individual's hands, but it won't solve many other problems," Chidambaram said.

If demonetisation fails, there will be anarchy: Raj Thackeray

Raj Thackeray launched a blistering attack on Prime Minister Narendra Modi for the November 8 demonetisation move and warned that if it fails the country will be pushed into anarchy.

Demonetisation a bold and gutsy move: USIBC

Demonetisation will deal a severe blow to the parallel economy and will disrupt the lifestyles of the corrupt leaders, bureaucrats, businesses, anti-national who facilitate terror funding," a statement said.

Demonetisation poorly thought out, executed: New York Times

The New York Times said, the demonetisation of high value Indian currency that has caused chaos "was poorly thought out and executed".

Cannot disclose details on release of new Rs 500 notes: RBI

Due to security reasons it cannot disclose details regarding the release of new Rs 500 denomination currency to the banks for distribution, RBI said to Madras High Court.

KCR backs demonetisation but with riders

Telangana Chief Minister K Chandrasekhar Rao said demonetisation is welcomed if it can help curbing black money but asked to protect the interests of common people.

Modi’s demonetisation could end up as ‘joke’: Chinese media

"While it takes political courage to launch such a trailblazing and massive campaign; it actually takes far more wisdom to give it a happy ending," an article in the state-run Global Times said.

India forms task force to facilitate notes-exchange for Nepal, Bhutan

The Reserve Bank of India has formed a task force to deal with the issue of providing note-exchange facility to Nepali and Indian residents in the Himalayan nation who possess Indian bank notes.

Mamata, Kejriwal attack Modi over demonetisation

Kejriwal said, demonetisation was the "biggest scam" in Independent India's history while Banerjee said Modi should not run the country through "dictatorship", calling the protest a fight to save the country.

Govt tightens notes exchange norms, lowers limit to Rs 2,000

Government on Thursday lowered the exchange limit for now-defunct 500 and 1,000 rupee notes to Rs 2,000 from the existing cap of Rs 4,500, effective from Friday.

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