Note ban will lead to ‘temporary slowdown’ of economy: Pranab Mukherjee
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Note ban will lead to ‘temporary slowdown’ of economy: Pranab Mukherjee

President Pranab Mukherjee said on Thursday that demonetization, while immobilising black money and fighting corruption, may lead to temporary slowdown of the economy. “We all will have to be extra careful to alleviate the suffering of the poor which might become unavoidable for the expected progress in the …

Shocking! Mahatma Gandhi goes missing from Rs 2,000 notes in MP
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Shocking! Mahatma Gandhi goes missing from Rs 2,000 notes in MP

A farmer received from Madhya Pradesh’s Sheopur district, received on Thursday Rs 2,000 notes without the image of Mahatma Gandhi from a State Bamk of India of the region. The image of Mahatma Gandhi was missing from the notes because of a “printing error”, the farmers were told, according to a report …

New Schemes announced by PM Modi on New Year’s eve address
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New Schemes announced by PM Modi on New Year’s eve address

Prime Minister Narendra Modi announced on Saturday two new housing schemes benefiting the economically backward sections as well as financial aid for pregnant women. Wishing the nation a happy new year, Modi assured that his government’s efforts in 2017 would be to bring the banking system to normal at the …

 ATM withdrawal limit raised to Rs 4,500/day from  Jan 1
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 ATM withdrawal limit raised to Rs 4,500/day from  Jan 1

The Reserve Bank on Friday late night increased the withdrawal limit from ATMs to Rs 4,500 per day from the current Rs 2,500 from January 1.  However, there has been no change in the weekly withdrawal limit, which stands at Rs 24,000, including from ATM, for individuals (Rs 50,000 in case of small traders). …

After Demonetisation,PM Modi Promises Law Against ‘Benami’ Property Soon
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After Demonetisation,PM Modi Promises Law Against ‘Benami’ Property Soon

Prime Minister Narendra Modi on Sunday reiterated that his Government will soon operationalise a strong law to effectively deal with ‘benami’ properties to carry forward the ‘war’ against black money and corruption and this was just the beginning. In his last Mann Ki Baat of the year, Modi said the government will …

677 searches, I-T detects Rs 3185 cr black money ;Rs 86 cr new notes seized
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677 searches, I-T detects Rs 3185 cr black money ;Rs 86 cr new notes seized

The Income Department claims it has seized over Rs 3,185 crore of undisclosed income has been detected while Rs 86 crore worth new notes have been seized as part of its country-wide operations against black money hoarders post the demonetisation of two high value currencies by the government, PTI reported on …

EC urges govt to ban anonymous contributions of Rs 2,000 and above
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EC urges govt to ban anonymous contributions of Rs 2,000 and above

Seeking to check the use of black money and money laundering in polls, the Election Commission has urged the government to amend laws to ban anonymous contributions of Rs 2,000 and above made to political parties. While there is no constitutional or statutory provision on the receipt of anonymous donations to …