The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.
The bank lost out on fairly meaningful quantum of fees from point of sale terminals and ATM usage during the demonetisation exercise.
White House Press Secretary Karoline Leavitt noted that progress has been made in the Geneva talks with Iranian authorities, but the two nations stand 'far apart' on certain issues.
The court asked the state government, forest department and Kaziranga National Park authorities to place on record the steps taken so far to control illegal fishing and to explain how such activities can be effectively prevented in future.
In the fourth of a six-part series, Ajay Modi visits Moradabad, to see how the brass city is coping with the after-effects of demonetisation.
He said the move is aimed at benefiting a 'particular political party'.
The chairman of Parliament's Public Accounts Committee, K V Thomas, on Monday said a meeting with finance ministry officials has been deferred to February 10 in view of the Budget preparations.
Witnesses said the police in riot gear turned tough as the protestors tried to break through security barricades in front of Jamuna from a nearby sit-in demonstration, defying the earlier announced ban on rallies adjacent to Jamuna.
Rahul said PM visits US and China 'using' the aircraft of his wealthy 'friends'.
What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.
Pakistan launched a military operation targeting terrorist hideouts in Afghanistan following a series of attacks, including a suicide bombing that killed Pakistani soldiers. The action comes after repeated calls for the Afghan Taliban to prevent terrorists from using Afghan soil to launch attacks against Pakistan.
French President Emmanuel Macron announced that India and France will collaborate to develop an artificial intelligence framework that combines innovation with responsibility and technology with humanity, addressing the need for inclusive digital tools amid rising geopolitical tensions.
India may adopt a "calibrated" and a "step-by-step" approach to easing norms on investments originating from China, Union Commerce and Industry Minister Piyush Goyal said on Tuesday. He was in a conversation with A K Bhattacharya on Day 1 of Business Standard's two-day annual event, Manthan 2026. The minister said foreign direct investment (FDI) from China was certainly not "banned", but it goes through an approval process. "The government's approach at the moment is to accelerate the approval process."
'Recently a girl who was suicidal was brought to me.' 'When I asked her what was bothering her, she said she and her friend took photos at the same place and posted them on Instagram.' 'While her friend got 23 likes, she didn't get a single like.' 'She said, "nobody likes me, nobody wants me in this world. I am rejected by everybody".' 'And she wanted to end her life.'
'We were in a heavily nuclearised environment. China had tested for Pakistan in the 1980s and helped their missile programme stay just one step behind us.'
Top Maoist commander Thippiri Tirupati, known as Devuji, surrendered to Telangana police after over four decades of underground life, citing health issues and a desire to continue his political career within the legal framework.
The department has found that Rs 100 crore were deposited in 500 Jan Dhan accounts in the banks in western Madhya Pradesh post-demonetisation.
The government on Tuesday brought in stricter obligations for online platforms on handling AI-generated and synthetic content, including deepfakes, saying platforms such as X and Instagram must take down within three hours any such content flagged by a competent authority or courts.
Demonetisation impact: Money lenders make a comeback.
The theory that all banned notes will come back into the system may not be true. Anup Roy finds out.
The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) -- an indicator of manufacturing activity -- fell to 49.6, down from 52.3 in November, coming below the crucial 50 threshold which separates contraction from expansion.
Includes those dealing in high-value property and petrol pump owners
Siam argues that a 2040 ban could destabilise ongoing and future investments and threaten millions of jobs in the automotive value chain.
According to the NIA, Md Kamruj Zaman was found guilty of raising a local module of the banned Hizb-ul-Mujahideen in Assam during 2017-2018.
The two leaders heaped praise upon each other for effectively implementing prohibition in their states, reports M I Khan from Patna.
The Centre on Monday decided to extend the ban imposed on the National Socialist Council of Nagaland-Khaplang [NSCN-K)] along with all its factions, wings and front organisations for five more years due to its involvement in activities prejudicial to the sovereignty and integrity of India.
Well then, what did DeMo achieve? As predicted by most economists, the volume of transactions fell, economic activity was adversely impacted, and some sectors (which were more dependent on cash transactions) witnessed greater disruption than others, says Rahul Khullar.
A healthy marriage is based on trust and honesty, reminds rediffGURU Ravi Mittal, CEO of Quack Quack, an online dating web site, and Rebounce, a matrimony platform.
While its deposits from Iran accounts have come down from a peak of around Rs 25,000 crore to Rs 2,200 crore, it's been offset by the bank receiving almost Rs 24,000 crore in deposits post note ban.
In the second of a six-part series, Sanjay Jog of Business Standard walks across the streets of Indore to find out how it has been hit by demonetisation.
The Supreme Court on Tuesday constituted another five-judge Constitution bench which will hear five crucial cases including the challenge to the central government's 2016 decision to demonetise Rs 500 and Rs 1000 currency notes.
She said the situation arising out of demonetisation has triggered a sort of constitutional crisis.
A special court, in its acquittal order in the 2008 Malegaon blast case, has highlighted a running battle between the Maharashtra Anti-Terrorism Squad (ATS) and the National Investigation Agency (NIA), pointing out stark contradictions in their probe.
'Farmers are much pained today.' 'They have no idea what to do with the money they have.'
Many countries advised the return the high-denomination notes to the central bank for destruction, but these continued to be legal tender. This and the introduction of a new Rs 2,000 note in India are the two major differences between Indian demonetisation and those of other countries.
Following the surge in demand, Bitcoin is being quoted on Indian exchanges at 25-28 per cent higher than the international price, reports Rajesh Bhayani.
Such a move will help bring clarity to the Centre's estimates of the demonetised amount
The SCA Stadium has seen largely empty stands on the first three days of the opening match of a five-Test series between India and England and local organisers blame it on the cash crunch.
'Initially, most people willingly stood for hours in queues to withdraw cash because they believed that after 50 days, black money would come out, some big men would be punished and perhaps jailed. Again, nothing happened.' 'Now the talk is that small people have been punished while the rich and the powerful have got away.' 'The RSS is not going out of its way to counter the view. Let the BJP explain.'
"Post demonetisation, during November 9, 2016, to January 10, 2017, more than 1,100 searches and surveys were conducted and more than 5,100 notices were issued by the income tax department for verification of suspicious high-value cash deposits," Finance Minister Arun Jaitley said in a written reply in the Lok Sabha on Friday.