Keyword : Currency Ban

Why Modi’s next target is benami property

Taking Rs 500 and Rs 1,000 notes out of currency is, of course, not enough to fight black money. In the days to come, the Modi government will have to take a series of moves to make this step e

Did anybody do any homework before launching this surgical strike?

As soon as the government announced its decision to demonetise Rs 500 and Rs 1,000 notes on the night of November 8, there has been an emergency-like situation across the country. With serpentine q

7 things govt should have known before launching the surgical strike

It’s been 10 days of suffering and chaos for people,and the way the government is continuously learning from its mistakes - announcing reliefs and exemptions, and then even rolling back some

In 1978, the common man was not hurt at all

The sudden announcement of demonetisation came as an inconvenience to 76-year-old SK Nangia. The morning after November 8, he had to travel to Hastinapur from Delhi by road, covering a distance o

The same blues on the other side of the counter

Since November 8, never-ending queues, rising tempers, despair and frustration have become a routine. It’s a nightmare for people who are struggling to deposit or exchange money at banks. And

When, where and how are the ministers depositing ‘cash on hand’?

The prime minister has directed MPs of his Bharatiya Janata Party (BJP) to declare their bank transactions to the president of the party in a bid to lead by example to come clean on their actions a

The great Indian flip-flop trick

Chances are you have already chosen which side of the fence you are on when it comes to the demonetisation debate. Demonetising 86% of the currency is an unprecedented step and India is flying by t

The really cashless economy

Villages are emptying out, but 67 percent of people still live in rural and semi-rural areas – where there are few banks, where getting to an ATM may take half a day, where many have not seen

Will taxes be abolished after currency ban? ICAI clarifies again

How can one sustain people’s support for demonetisation when they are beginning to realise that there was zero planning behind it, none of its touted benefits are coming true, and their pain

Reverse Bank of India

 The Reserve Bank of India on Wednesday withdrew its order of December 19 which had stipulated that the demonetised currency notes could be deposited only once in the quantum of Rs 5,000 or mo

Mayawati defends Rs 104 crore deposit, says every rupee is accounted for

Rejecting the allegation of more than Rs 104 crore deposits in the bank account of the Bahujan Samaj Party (BSP) post demonetisation, BSP supremo Mayawati launched a seething attack at the centre a

Demonetisation: Fifty days and still shaking

Winter mist hangs over Johra, a village of 928 people situated on the Ganga canal, 50 km east of New Delhi, in Ghaziabad. It is colder here than in Muradnagar, the nearest town, on the Delhi-Meerut

Demonetisation: When cash played peek-a-boo

Post-demonetisation, cash did the Houdini vanishing trick at ATMs. With currency notes playing hide and seek, life was sheer misery. Things improved a bit, but the situation is back to square one.



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