Jaitley said note ban has compelled people to deposit money into bank accounts.
Amruta Fadnavis told the bookie that she will go through the cases and then talk to Devendra Fadnavis, who also holds the home portfolio.
A scrutiny of the PM's statements in the last 12 weeks lays bare a stunning lack of homework for a policy that has affected each of the 1.25 billion people of India.
The proposal to amend the Unlawful Activities (Prevention) Act for cases involving counterfeit currency has been pending for a while. The latest proposal seeks to make counterfeiting of currency a terror offence, to curb this threat that has the potential to shake up the Indian economy.
Asked by reporters whether the BJP is looking to him to play a winning card in the upcoming elections in the state, Bose said it is not a question of winning card or losing card, asserting his job is to bring back 'inclusivity' in Indian scenario.
Top Lashkar-e-Tayiba bomb expert Abdul Karim Tunda told interrogators that he had come in contact with Pakistan's spy agency Inter Services Intelligence after meeting former ISI Chief Hamid Gul in 1995 and was in constant touch with him thereafter.
India faces an increasing inflow of counterfeit currency, produced primarily in Pakistan, and terrorist and criminal networks use this money to finance their activities in the country, an official United States report has said.
Since arraignment under money laundering is a tougher offence, the CBDT hopes it will also overcome its dismal score sheet to prove satisfactorily to the courts that these cases were genuine ones of tax evasion.
The only crime that I committed is to fearlessly defend our nation from those who seek to destroy it, Trump said.
Advocating the move, home ministry officials said most of the developed countries change the security features of their currency notes every 3-4 years and therefore, it is absolutely necessary for India to follow this policy.
Panjwar, 63 was involved in drug and weapons smuggling and was designated as a terrorist under the Unlawful Activities (Prevention) Act in July 2020.
India on Thursday sought strengthening of SAARC monitoring desks on terrorism and drugs, underlining that illicit funds generated from narcotics and fake currency networks are being fed into supporting terror activities
'The more harder India pushes its nationalism on to its population, the further away we send Kashmiris.' 'We should understand that the unrest in that state cannot be solved by demonetisation. There are much deeper causes,' says Aakar Patel.
On average, about 60 cases were filed by the agency in 2019 and 2020, officials said.
'In the coming months, expect more government action that will be packaged as an assault on black money,' warns A K Bhattacharya.
'People are willing to face temporary inconvenience as they are determined to support PM Modi's crackdown on black money,' Commerce Minister Nirmala Sitharaman tells Archis Mohan.
'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.
Raids are being carried out across the country by the Income Tax department in the wake of the burgeoning fake currency racket post demonetisation, as currencies both new and old have been seized in large amounts from Bengaluru, Panjim and Faridabad besides the national capital.
'The High Commission would like to categorically deny speculative reports in sections of media and social media about #India sending her troops to Sri Lanka. These reports and such views are also not in keeping with the position of the Government of #India,' the Indian mission said on Twitter.
Only Rs 16,050 crore out of the Rs 15.44 lakh crore of the old high denomination notes have not returned.
The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.
Although 90 per cent of the currency chests are with the public sector banks, they account for reporting a mere 10 per cent of counterfeit notes.
The Reserve Bank of India on Thursday said banknotes in circulation witnessed higher than average increase during 2020-21, on account of precautionary holding of cash by people due to the COVID-19 pandemic, and its prolonged continuance. The value and volume of banknotes in circulation increased by 16.8 per cent and 7.2 per cent, respectively, during 2020-21, as against an increase of 14.7 per cent and 6.6 per cent, respectively, witnessed during 2019-20, said the RBI annual report. In value terms, the share of Rs 500 and Rs 2,000 banknotes together accounted for 85.7 per cent of the total value of banknotes in circulation as on March 31, 2021, as against 83.4 per cent as on March 31, 2020.
The number of Rs 2,000 currency notes in circulation has come down from 33,632 lakh pieces at end-March 2018 to 32,910 lakh pieces at end-March 2019 and further to 27,398 lakh pieces at end-March 2020.
The damaged drone was recovered in Mahawa village based on the information given by one of the four people the state police arrested on Sunday.
In the search, Rs 60 crore were found in 20 accounts of as many shell companies, an official said, adding the I-T team was scanning the records to trace the directors of these companies.
The intelligence wing of Central Board of Excise and Customs has 532 officers and staff, he said, adding, the staff strength of DRI will double when cadre review is completely rolled out.
Some genius assumed that a 2,000 note could seamlessly replace 500s and 1000s in ordinary transactions. If that genius had consulted an actual chai-wallah, he might have thought twice, argues Devangshu Datta.
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.
India on Sunday said it stands with the Sri Lankan people in their aspirations for prosperity and progress through democratic means, established institutions and constitutional framework.
Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.
Expecting fireworks in both Houses during the Winter Session of Parliament starting from Wednesday -- with the opposition planning to target the government on several issues, including demonetisation -- the Bharatiya Janata Party Parliamentary Party Executive will go into a huddle on Monday to chalk out strategy to counter the opposition which is divided over how to take on the government on the issue.
The two officials, Abid Hussain and Muhammad Tahir, were caught by the Special Cell of the Delhi Police from central Delhi's Karol Bagh while they were obtaining sensitive documents relating to India's security installations from an Indian national in exchange of money, official sources had said on Sunday.
The theory that all banned notes will come back into the system may not be true. Anup Roy finds out.
Modi took on the opposition parties, especially the Congress, saying it is the corrupt who are sleepless now.
Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.
T K S Elangovan has alleged senior bank officials forged documents and faked authorisation from the RBI, to transport huge sums of hawala money during recent elections in the state.
Govt sets up task force to monitor circulation of fake currency; suspicious Jan Dhan accounts under scanner.
Promising Australia fast bowler Jhye Richardson was left "excited as well as exhausted" after he earned a life-changing bid of Rs 14 crore from Punjab Kings at Thursday's IPL players' auction.
Shridhar Madhav Patankar, the brother of Thackeray's wife Rashmi, "owns and controls" Shree Saibaba Grihanirmiti Private Limited, it said.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances