Film folk brought in the New Year -- known through so many names like Vishu, Puthanadu, Pohela Boishakh, Bihu and Cheiraoba -- and shared pictures on social media.
In a Facebook post on the second anniversary of demonetisation, Jaitley said in first four years of the National Democratic Alliance government, the number of income tax returns filers has gone up to 6.86 crore from 3.8 crore in May 2014.
The new ploy of using Colombo to transport the counterfeit currency is believed to have adopted by the ISI.
Congress says the notification required to be issued under the RBI Act for printing new currency has not been issued.
Abuse of power, financial misconduct, and the never-ending turf wars are now coming to light as Boxing Federation of India's officials jostle to escape blame for the shocking turn of events.
This skew is a reflection of the highly unequal distribution of income, wealth and economic transactions and needs to be corrected, says A Seshan.
Snapdeal said it will give its users the option to defer the delivery by a few days till new currency notes become easily available.
Former RBI governor D Subbarao on Monday said there is a strong motivation for the central bank to launch a digital currency and cash is going to coexist with the new-age currency. Addressing an event virtually organised by economic think tank NCAER, Subbarao further said cybersecurity is also one of the downside risks of the Central Bank Digital Currency (CBDC). "There is a strong motivation for the RBI to launch CBDC... Cash is going to coexist with CBDC," he said.
The PIL, which could be listed for hearing during the week, termed Tuesday's notification of department of economic affairs and the finance ministry as "dictatorial" claiming it did not grant reasonable time to citizens for exchanging the specified bank notes to legitimate notes to avoid "large scale mayhem, life-threating difficulties".
The cabinet also approved ordinance to amend the RBI Act to extinguish the liability on the old notes.
With the Income Tax department recovering over Rs 225 crore cash during a series of raids on an Odisha-based distillery group on charges of tax evasion, Prime Minister Narendra Modi on Friday assured the people that the money looted from the public will be returned.
LTIMindtree's (LTIM's) December quarter revenue, at $1.139 billion, was up 1.8 per cent quarter-on-quarter (Q-o-Q) (5.6 per cent year-on-year or Y-o-Y) in constant currency (CC) terms, marginally ahead of expectations.
RBI to withdraw all pre-2005 notes; move seen as effort to unearth black money.
Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.
Overall, volume growth is likely to be in the range of 3-8 per cent for two-wheelers and 5-7 per cent for passenger vehicles owing to healthy demand from urban and rural areas and pending order books.
Modi was honoured with the 'Order of Zayed', the UAE's highest civilian award, in 2019 as a mark of appreciation for his efforts to boost bilateral ties between the two nations.
She also said there was no independent application of mind by the Reserve Bank of India and only its opinion was sought, which cannot be said to be a recommendation.
Dismissing reports, the Reserve Bank on Monday said there is no proposal to replace the face of Mahatma Gandhi with that of others on currency notes. In a statement, the central bank said there are reports in certain sections of the media that the Reserve Bank of India is considering changes to the existing currency and banknotes by replacing the face of Mahatma Gandhi with that of others.
Crores of new currency notes continue to tumble out of lockers and hidden locations as authorities conduct raids and searches across the country.
The Supreme Court will hear on October 12 a batch of pleas challenging the Centre's 2016 decision to demonetise currency notes of denomination Rs 500 and Rs 1000.
Fake Indian currency notes of Rs 1,000 seized in Mumbai recently were unlikely to have been made in a small private press, a senior police official said on Friday.
Crypto currency platform WazirX, a cyber-attack on July 19 this year in which nearly 40 lakh Indians have suffered a loss of to a tune of $230 million or Rs 19.12 billion, has moved the Singapore high court seeking a moratorium in any legal action against it and for legal protection.
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With this amount, the total seizure in the case has now gone upto Rs 166 crore in a single case.
The new notes will be available from 2012.
"The window (for NRIs) is open till June 30 in which people can deposit cash. And after adding all these, we will give out the number," Mundra said.
Tirumala Tirupati Devasthanams has brought to the notice of the Reserve Bank of India that fake notes worth Rs 50 lakh in various denominations had been recovered from the Sri Vari 'Hundi.'
Bank notes of Rs 1, 2 and 5 continue to be legal tender, though these denominations have been coinised and their printing has been discontinued.
The bank manager clarified to him that the currency was genuine and there might have been a printing error.
Fake Indian currency notes are being used by Pakistan-based terror groups for financing their activities in India, the Lok Sabha was informed on Monday.
It seems that the 'republic' of Bellary, as it is often called, has no value for money. A year ago, currency notes worth Rs 4 crore were found burnt in this mining district of Karnataka. If you thought it couldn't get worse, 400 gunny sacks stuffed with shredded notes worth Rs 4 crore were found in a plywood factory in Bellary on Tuesday.
On a tip-off from intelligence agencies, the Crime Branch team apprehended Ajit Pal Singh and Rajender Singh on Thursday evening, said a senior police officer.
The accused, along with other unknown officials, who were entrusted with the responsibility of new currency notes, "fraudulently" gave away new notes to the tune of Rs 1.99 crore to RBI officials and others.
In a big win for the Narendra Modi government, the Supreme Court in a 4:1 majority verdict on Monday gave its stamp of approval to the Centre's 2016 decision to demonetise the Rs 1,000 and Rs 500 denomination currency notes, saying the decision-making process was neither flawed nor hasty.
A five-judge Constitution bench headed by Justice S A Nazeer, who will retire on January 4, is likely to pronounce its verdict on the matter on the said date.
The common man wants the government to demonetise high denomination currency notes like Rs 1,000 and Rs 500 to effectively combat the menace of black money in the country, a finance ministry report has revealed.
Akhilesh said cases of graft involving new currency notes are already making news in some parts of the country.
Heeraben Modi, who had to use the help of a wheel chair and other people to reach the bank, exchanged Rs 4,500.
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