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Friday, May 3, 2024
Topic2000 notes

Topic: 2000 notes

Rs 2000 notes comprise 1.75% of total bank notes in circulation, Modi govt tells RS

In a written reply, MoS Finance Pankaj Chaudhary said that no fresh indent has been placed for the Rs 2000 banknote from 2018-19 onwards.

Are people holding on to cash after lockdown? New RBI data seems to suggest so

Data shows a sharp increase in cash holding after the lockdown was imposed in March. The demand for Rs 2,000 notes has surged, say bankers.

Modi didn’t favour issuing of Rs 2,000 notes, went along with consensus, reveals ex-aide Misra

Modi govt had issued new Rs 2,000 and Rs 500 banknotes after cancelling the legal tender of Rs 1,000 and Rs 500 notes (old series). Printing of Rs 2,000 notes has now stopped.

Rs 2,000 notes are disappearing, bankers suspect they’re being hoarded for elections

Shortage in Rs 2,000 currency notes possibly due to increased hoarding of high value banknotes, especially with approaching Lok Sabha elections.

On Camera

Stop targeting Galgotias University students. Focus on politicians instead

Going through their Instagrams and dissecting their ‘statements’ is not the astute political commentary you think it is—it is time for us to back off from targeting 20-year-olds.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.