scorecardresearch
Saturday, November 2, 2024
TopicBlack money

Topic: black money

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.

Minutes prior to demonetisation, RBI had warned PM Modi of no material impact on black money

The RBI board had met just two-and-a-half hours before Prime Minister Narendra Modi announced demonetisation.

Black money of Indians stashed abroad is in range of $216bn and $490bn, govt reports

The finance ministry concluded there was no scope of arriving at a common estimate of black money as the 3 reports threw up 'wide variations'.

Suspense over amount of black money held by Indians could be over soon

A parliamentary panel will discuss 3 govt-commissioned studies on black money Thursday. Many BJP MPs in favour of ending mystery.

India stops printing Rs 2,000 note, two years after its shock launch

The Modi government suspects the Rs 2,000 note is being used for hoarding, tax evasion and money laundering.

This is what global experts have found studying demonetisation, while Modi looks away

Economists have dug through data, & here’s what they found about shock that still lingers over India’s economy, politics, society & markets.

Supreme Court bats for transparency but seeks information in sealed envelopes

The Supreme Court often seeks information that is in the public interest in sealed covers, leaving people none the wiser.

No Twitter celebrations this year as BJP allies stay silent on demonetisation

Silence of Shiv Sena, Akali Dal & LJP is in sharp contrast to unequivocal praise for demonetisation last year, which they celebrated as 'anti-black money day’.

Demonetisation — from place of pride to albatross around the BJP’s neck

On demonetisation’s second anniversary, reactions from the BJP are muted and defensive, a far cry from celebrating its first anniversary as anti-black money day.

Two years after demonetisation, purchases without receipts continue to stoke black money

A survey conducted by LocalCircles on demonetisation shows 25% of the respondents felt the move was fruitless.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.