'Why don't you celebrate Notebandi Divas': AIMIM chief Asaduddin Owaisi dares BJP after SC upholds govt's demonetisation move
SC verdict on demonetisation: A 5-judge Constitutional Bench headed by Justice S A Nazeer today said there has to be restraint in matters of such a policy and the court cannot supplant the wisdom of the executive by a judicial review of its decision. However, Justice B V Nagarathna strongly differed from the majority judgment by invoking the RBI Act, saying the scrapping of high-value currency notes should have been done through legislation and not by a notification.
Jan 02, 2023, 19:32 PM IST
‘Will Rahul Gandhi say SORRY?’: BJP hails SC verdict on demonetisation as ‘HISTORIC’
SC verdict on demonetisation: Reacting to the SC verdict, former law minister and BJP leader Ravi Shankar Prasad asserted that the demonetisation done in 2016 proved to be the "biggest blow" to terrorism by curbing terror funding. “It boosted income tax and cleansed the economy,” he claimed.
Jan 02, 2023, 15:13 PM IST
Demonetisation order unlawful, vitiated; could have been done via legislation: Dissenting Supreme Court Justice BV Nagarathna
Demonetisation Judgement by SC: Justice BV Nagarathna, who did not agree with the four other justices, said that the process of banning Rs 1,000 and Rs 500 notes could not have been initiated by the Centre.
Jan 02, 2023, 12:40 PM IST
Aware of 'Lakshman Rekha' but will probe note ban: Supreme Court
SC wants the central government to "keep ready" the files about the decision to ban ₹ 500 and ₹ 1,000 notes — over 80 per cent of all notes then in circulation — announced in a sudden, late-evening address by PM Narendra Modi as an "anti-corruption" measure.
Oct 12, 2022, 20:30 PM IST
Demonetisation among worst policy blunders, PM Modi destroyed economy: Congress
On this day in 2016, the prime minister had announced the decision to ban currency notes of denomination Rs 500 and Rs 1,000.
Nov 08, 2021, 20:53 PM IST
Note ban slowed down GDP by 2 percentage points in Q4 2016, says economist Gita Gopinath
India-born Harvard professor Gopinath, 46, is set to take charge as the chief economist at the International Monetary Fund (IMF) next month.
Dec 19, 2018, 11:23 AM IST
Economy would have collapsed but for demonetisation: S Gurumurthy
The government had demonetised old Rs 500 and Rs 1,000 notes on November 9, 2016.
Nov 16, 2018, 10:34 AM IST
Don't need certificate from mother-son duo out on bail: PM Modi slams Rahul, Sonia for questioning note ban
In a no-holds-barred attack on the Congress, its president Rahul Gandhi and his mother Sonia, PM Modi said the party's "politics begins and ends with one family".
Nov 12, 2018, 19:21 PM IST
Purpose of note ban achieved, claims Jaitley; Rahul asserts it only helped PM's 'friends'
Jaitley said that the larger purpose of demonetisation was to move India from a Tax Non-compliant society to a compliant society.
Aug 30, 2018, 18:12 PM IST
99.3% of junked Rs 500, Rs 1,000 notes returned to banks: RBI
Post-demonetisation, RBI spent Rs 7,965 crore in 2016-17 on printing new Rs 500 and Rs 2,000 and other denomination notes, more than double the Rs 3,421 crore spent in the previous year.
Aug 29, 2018, 13:08 PM IST
BJP MPs stall adoption of parliamentary panel report critical of Modi government's note-ban decision
The committee has several Congress heavyweights, including former prime minister Manmohan Singh.
Aug 26, 2018, 14:53 PM IST
Bombay High Court to hear PIL on missing notes between printing press and RBI
A public interest litigation -- probably holding the key to the historic demonetisation of November 8, 2016 -- filed by RTI activist Manoranjan Roy will finally come up for hearing at Bombay High Court here on February 12.
Feb 11, 2018, 13:33 PM IST
15 months after note ban, RBI still processing returned notes
New Delhi, Feb 11 (PTI) The RBI has said that Rs 500 and Rs 1,000 notes, returned to banks when the government demonetised high value currency 15 months ago, are still being "processed for their arithmetical accuracy and genuineness".
Feb 11, 2018, 12:11 PM IST
Note-ban, GST became possible due to PM Modi's leadership: Manohar Parrikar
Goa Chief Minister Manohar Parrikar said decisions such as demonetisation and the roll-out of the Goods and Services Tax could be implemented because of the "bold leadership" of Prime Minister Narendra Modi.
Dec 29, 2017, 16:37 PM IST
Gujarat elections 2017: BJP wins trade centres, as GST, demonetisation turn damp squibs for Congress
Southern and Central Gujarat, home to a majority of the Gujarat's business clout voted favourably for the BJP.
Dec 18, 2017, 13:26 PM IST
PM Modi takes on Rahul, says all GST issues resolved
Prime Minister on Monday took on the Congress for criticising his government over problems caused by the Goods and Services Tax and demonetisation.
Dec 12, 2017, 00:54 AM IST
Fake 2,000-rupee note was out within 53 days of demonetisation!
The Rs 2,000 notes were part of the 281,839 fake notes of various denominations recovered from different locations across India.
Dec 07, 2017, 12:53 PM IST
Akhilesh Yadav adopts Anantpurwa village in Kanpur rural
'Khajanchi' is the child born in a queue outside a bank soon after demonetisation.
Dec 05, 2017, 22:54 PM IST
UP results reaffirm people's support for note ban, GST: Arun Jaitley
Finance Minister Arun Jaitley said that the results of Uttar Pradesh civic polls reaffirmed people's support for the GST which has made doing business "easier" for traders.
Dec 01, 2017, 18:17 PM IST
Demonetisation drive was meant to cleanse the system: Hasmukh Adhia
The government's demonetisation drive was meant to cleanse the system and do away with black money, Finance Secretary Hasmukh Adhia said here on Saturday.
Nov 25, 2017, 18:39 PM IST