Govt conducts sting operation in 500 bank branches, collects clinching proof against corrupt officials in 400 CDs
In order to nab culprit bank officials who connived with black money hoarders and help them in converting their black money into white, Finance Ministry has conducted sting operations in around 500 bank branches to expose corrupt bank employees.
Dec 12, 2016, 10:18 AM IST
This is how PM Modi and team plotted demonetisation plan
Prime Minister Narendra Modi handpicked a trusted bureaucrat, little known outside India`s financial circles, to spearhead a radical move to abolish 86 percent of the country`s cash overnight and take aim at the huge shadow economy.
Dec 09, 2016, 10:01 AM IST
Withdrawals of deposits made in current legal tender allowed beyond current limits: RBI
In the latest notification, Reserve Bank of India (RBI) has allowed withdrawals of deposits made in current legal tender notes on or after November 29, 2016 beyond the current limits.
Nov 28, 2016, 22:12 PM IST
Demonetisation debate in Parliament: As it happened on Thursday
Opposition on Thursday paralysed Parliament.
Nov 17, 2016, 15:24 PM IST
Black money saves economy at times of global recession: Akhilesh Yadav
Akhilesh Yadav on Tuesday stoked a controversy as he said that black money helped the Indian economy in times of global recession.
Nov 15, 2016, 17:41 PM IST
2 bank employees exchange Rs 6 lakh without ID, get booked for cheating
Police in Hyderabad booked two employees of a bank for exchanging demonetised notes worth Rs 6 lakh without identification proof.
Nov 14, 2016, 14:11 PM IST
Old notes of Rs 500 and Rs 1,000 acceptable till November 24
Finance Ministry, on early Monday morning announced that the demonetised notes of Rs 500 and Rs 1000 would be acceptable at government hospitals, petrol stations till November 24.
Nov 14, 2016, 10:49 AM IST
Maharashtra citizens can use demonetised notes to pay govt dues
The Centre has accepted Maharashtra government's request to allow Rs 1,000 and Rs 500 bills for payment of electricity bill, water bill, property tax or any kind of government dues.
Nov 10, 2016, 15:47 PM IST
Demonetisation to help tackle fake notes, hawala menace: Experts
The decision to demonetise higher denomination currency notes of Rs 500 and Rs 1000 will help pull out Fake Indian Currency Notes (FICN), whose face value is pegged at around Rs 400 crore by security experts, from circulation.
Nov 09, 2016, 20:54 PM IST