They are the first to be declared terrorists under the new anti-law, a home ministry official said.
'India's economic fundamentals are much too strong to be affected by his resignation,' says B S Raghavan.
The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh.
Strong MF investments, stemming of FII outflows and positive earnings in Q3 have helped market, say analysts.
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
The home minister will reach Islamabad on Wednesday and return to New Delhi the next day after attending the 7th meeting of SAARC.
'Alas, in this scheme there is nothing to stop the black money flows of the future.' 'On the contrary Modi has sown the seeds of more, through the issue of Rs 2,000 notes.' 'But have you heard one politician decrying this aspect of the scheme?' 'They must be secretly rejoicing that while Modi is taking away their past, he has not shut the door on their future,' says banker S Muralidharan.
Around 30-50 million passengers in the reserved category have switched over to digital payments.
Impact of lack of significant investments in the last 4-5 years; inability of private sector to put in fresh capital with availing of loans becoming an issue due to rising NPAs of banks, along with demonetisation were mainly responsible for dampening growth, he said.
Credit card payments to buy fuel at petrol pumps will from October 1 not get a 0.75 per cent discount that State-owned oil companies had introduced more than two-and-a-half years back to promote digital payments.
Rediff.com's A Ganesh Nadar takes a tour of banks in a Chennai suburb and finds that nothing has changed in one month since demonetisation.
Congress chief spokesperson Randeep Surjewala released a list of 55 persons who lost their lives while standing in queues at banks and ATMs in the wake of demonetisation and demanded compensation to their families besides probe into their death.
Opposition parties are holding nation-wide protests against the currency ban on Monday as part of the Jan Aakrosh Diwas to agitate against demonetisation.
Although the first woman to hold the position of chief economist at IMF, it would be wrong to see her appointment through the lens of gender
The income-tax department has created various functionalities under its Project Insight, which will provide the 360-degree profile of taxpayers, including new and non-filers to gauge their accountability and tax liability. The tax department had on March 15 put out instructions for tax officials for accessing the insight.
Immigration officials confirmed that Arshad, who was the second secretary at the political section of the high commission, left Dhaka on a Pakistan International Airlines flight on Wednesday afternoon.
Deposits in Jan Dhan account have more than doubled to Rs 87,000 crore in 45 days post demonetisation, prompting the tax department to "dissect" information relating to such deposits, a top government official said.
'During the transition process, we have some control over the withdrawals.' 'In terms of your wealth, the money in your deposit account is where it is.'
'If Urjit Patel had resigned after the five-state elections results people would have taken a different view. So this was the right time for him to resign.' 'He rightly resigned as he felt the differences with the government were not getting settled.'
Opposition parties think they have until New Year's Eve to build nationwide narrative against demonetisation.
Singh said information that was completely wrong was being regularly circulated on social media.
Hasmukh Adhia to present revenue dept's performance over past year & plan for current financial year
The author meets the brains behind Unocoin, the first Indian Bitcoin exchange and merchant processor in India to have raised international funding.
'There is a misconception that gold is a dead asset in India.' 'Around 30 per cent of agriculture loans are collateralised by gold, Soumya Kanti Ghosh and Saket Hishikar, economists at the SBI, point out.
Sensex up just 6.5% while the best returns were during Manmohan Singh, with the Sensex soaring nearly 167.5%.
'People are angry.' 'First notebandi, then GST, now losses on the farm have ruined us.'
The Supreme Court on Friday dubbed as a "serious issue" the long queues outside banks and post offices and expressed its reservation on the Centre's plea seeking a direction that no other court in the country should entertain petitions challenging the November 8 notification demonetising Rs 1,000 and Rs 500 currency notes.
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
Things are expected to change dramatically in a few years for urban consumers.
India said it firmly believes that a peaceful and secure neighbourhood will yield "rich dividends" for SAARC nations.
Opposition members kept on shouting 'Pradhan Mantri sadan me aao'.
Naidu on Wednesday said he has been supporting demonetisation, but added that problems arising out of the exercise "continue" as "we are going (about them) in a routine manner". "We have to take an innovative approach," he said, claiming that his remarks were "distorted by some".
Sales, which were growing impressively in the first seven months of the year, decline in November. Ajay Modi reports.
Two years ago, India was touted as a rare bright spot in a gloomy global economy with GDP growth outpacing a slowing China.
Prithviraj Hegde explains the first results of the demonetisation exercise in layman terms.
Prithviraj Hegde explains the first results of the demonetisation exercise in layman terms.
Manish Sabharwal tackles 5 criticisms of demonetisation.
RBI lowered economic growth for the current fiscal to 6.9 per cent from the previously projected 7.1 per cent, but saw it bouncing back in a big way to 7.4 per cent in 2017-18.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
Across Yes Bank branches, the busiest people were the relationship managers, trying to soothe nerves. Many were seen advising clients the situation was only temporary and that their money was safe.
