Five years after demonetisation, which sought to curb black money and reduce cash circulation in the economy, 70 per cent of respondents said they paid a large component of the total payment towards a real estate transaction in cash. About 16 per cent said they paid over half the amount in cash, observes Shyamal Majumdar.
A startling disclosure by arrested Indian Mujahideen co-founder Yasin Bhatkal -- that his outfit carried out a reconnaissance of nearly a dozen spots in Mumbai in August -- has prompted Maharashtra police to beef up security.