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CBI raids residences, office of K'taka Congress MP's associates

In a pre-dawn swoop, the Central Bureau of Investigation on Thursday raided residences and an office of some people linked to senior Congress leader and MP D K Suresh, brother of senior Congress......

Dazed by demonetisation twists? Read the new FAQ

Prime Minister Narendra Modi promised on November 8 that the pain due to demonetisation will ease within 50 days, yet within this duration the Reserve Bank of India has changed the rules at least......

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500......

What DeMo really achieved

Declaring demonetisation a complete failure may turn out to be hasty, argues economist Ashok K Lahiri.Illustration: Dominic Xavier/Rediff.com Demonetisation of the old Rs 500 and Rs 1,000 notes --......

India Inc told to disclose details of junked notes

Besides, auditors are required to mention in their reports whether the companies have made adequate disclosures about dealings in junked notes during demonetisation The government has asked......

RBI reworking demonetisation numbers

'RBI is taking all steps to complete the process expeditiously so as to release firm figures at an early date.'Anup Roy reports. The Reserve Bank of India clarified it is still counting how many......

NRIs need to show old notes to Customs at airports

Non-Resident Indians and Indian nationals abroad can deposit up to Rs 25,000 of the demonetised currency during the 3-6 month grace period, but only if they show the junked notes to Customs......

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