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Demonetisation

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Supreme Court of India praises India’s growing economy as robust

Supreme Court of India praises India’s growing economy as robust

The Supreme Court praised the growing Indian economy as robust and recognised in the world. The Supreme Court’s observation came while hearing the suit filed by Kerala Government against Centre. The Kerala Govt accused the Centre of not allowing it to borrow more money to meet its needs. Justices Surya Kant, KV Vishwanathan were hearing Kerala Govt’s plea raising the grave financial crisis. The Supreme Court remarked that India's economy is robust and is recognised in the entire world. Notably, India is currently the fifth largest economy of the world and visions to become the third largest soon. PM Modi has exuded confidence in returning to power and making the nation third-largest economy. External Affairs Minister also recently said that the country will soon move to grab the third position.

08 March,2024 06:10 PM IST
PM was not in favour of Rs 2000 note: former principal secretary to PM Modi

PM was not in favour of Rs 2000 note: former principal secretary to PM Modi

Former Principal Secretary to Prime Minister Narendra Modi Nripendra Misra on May 22 said that the PM was not keen on the introduction of the Rs 2,000 notes but went along with the advice of his team. “PM Modi was not at all in favour of Rs 2000 notes. But, as demonetisation was to be done in a limited time, he gave reluctant permission for it. PM never considered Rs 2000 note as a note of the poor, he knew Rs 2000 has hoarding value instead of the transactional value,” said Nripendra Misra. 

23 May,2023 10:57 AM IST | Mumbai
Nitish Kumar’s Controversial Remarks On Population Sparks Row

Nitish Kumar’s Controversial Remarks On Population Sparks Row

Bihar Chief Minister Nitish Kumar started a controversy by saying that the population in the state would not get under control as women are not educated and men are careless. The Janata Dal-United supremo was addressing a public meeting in Vaishali amid his ongoing Samadhan Yatra on Saturday when he made the remark. The Bihar CM's remark was slammed by the opposition and BJP leader Sushil Kumar Modi. 

10 January,2023 04:46 PM IST
‘Pandavas Never Implemented GST, Demonitisation’, Rahul Gandhi Attacks BJP

‘Pandavas Never Implemented GST, Demonitisation’, Rahul Gandhi Attacks BJP

Senior Congress leader Rahul Gandhi on Monday continued his habit of spurting out drivel as he addressed a press conference in Kurukshetra during the ongoing Bharat Jodo Yatra. Speaking at a public rally in Kurukshetra, the place where the Mahabharata battle took, Gandhi invoked Pandavas and claimed that they were ‘tapasvis‘ and had supporters of ‘all religions’, leaving many wondering which all religions existed during the times of Mahabharata.Gandhi further claimed that Pandavas did not implement demonetisation and GST because they were tapasvis (ascetics).

10 January,2023 01:00 PM IST | Mumbai
BJP Hails SC Verdict On Demonetization, Congress Disagrees

BJP Hails SC Verdict On Demonetization, Congress Disagrees

The Supreme Court on Monday affirmed the Narendra Modi government's demonetisation move in 2016, stating there was no flaw in the decision making process. Justice BR Gavai read out the majority view on behalf of himself and justices SA Nazeer, AS Bopanna and V Ramasubramanian.The top court said the Centre had the power to demonetise all series of a bank note, adding the November 8, 2016 decision can't be said to be unreasonable nor was it hit by the doctrine of proportionality. The Supreme Court said it is not relevant whether the objective behind the decision was achieved or not. Senior Congress leader P Chidambaram, who had appeared on behalf of the petitioners, welcomed the dissenting judgment, calling it a slap on the wrist of the government. The Congress and BJP have differences in opinion regarding the SC verdict on demonetization.

02 January,2023 11:08 PM IST | New Delhi
SC Upholds Government’s Decision On Demonetization, Says Note Ban Was Valid

SC Upholds Government’s Decision On Demonetization, Says Note Ban Was Valid

The Supreme Court on Monday affirmed the Narendra Modi government's demonetisation move in 2016, stating there was no flaw in the decision making process. Justice BR Gavai read out the majority view on behalf of himself and justices SA Nazeer, AS Bopanna and V Ramasubramanian.The top court said the Centre had the power to demonetise all series of a bank note, adding the November 8, 2016 decision can't be said to be unreasonable nor was it hit by the doctrine of proportionality. The Supreme Court said it is not relevant whether the objective behind the decision was achieved or not. Senior Congress leader P Chidambaram, who had appeared on behalf of the petitioners, welcomed the dissenting judgment, calling it a slap on the wrist of the government.

02 January,2023 07:43 PM IST | Mumbai
Slapped in the face with Demonetisation: Farhan on Rock on 2 box-office failure

Slapped in the face with Demonetisation: Farhan on Rock on 2 box-office failure

Farhan Akhtar talks about the success of his movie Rock On and how the film made him realise his musical ambitions. He also speaks about Rock On 2, the sequel which received a mixed response, and how demonetisation affected the film

09 September,2021 12:00 AM IST | Mumbai
Watch video: Cash is still King a year after demonetisation!

Watch video: Cash is still King a year after demonetisation!

A year after Demonetisation was introduced in India, we still remain a cash economy. Watch this video to know why!

08 November,2017 10:30 AM IST

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