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Tuesday, September 30, 2025
TopicDemonetisation

Topic: demonetisation

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'.

India set to patch up with Nepal over currency crisis, make high-value notes legal tender

RBI will soon issue a notification allowing the circulation of Rs 2,000, Rs 500 and Rs 200 notes in Nepal.

It’s time policy makers acknowledge the real problem facing India’s shadow banks

The collapse of the highly rated infrastructure operator-financier IL&FS Group exposed the fault lines under Indian shadow banks’ impressive credit edifice.

By 2017, Modi had belied the hopes he raised in 2014

Modi rapidly expanded same welfare schemes he had called a leading symbol of India’s economic underachievement under the Congress.

Can 2019 budget revive economy & win back note ban/GST-hit voters or too little, too late?

Acting Finance Minister Piyush Goyal delivered the 2019 interim budget Friday. The budget included several pre-poll promises such as income support for farmers, pension plans...

President Kovind delivers a prime ministerial speech that would make Modi proud

In his address to Parliament, President Ram Nath Kovind praised demonetisation, surgical strikes & Rafale, and made many comparisons between pre- & post-2014.

Demonetisation made homes affordable to youth, says PM Modi

PM Narendra Modi was speaking at a gathering after laying the foundation stone for extension of the new terminal at Surat airport in Gujarat.

Govt’s ‘malicious negligence’ to blame for National Statistical Commission resignations: Chidambaram

Senior Congress leader Chidambaram said the resignations marked the death of another "venerable" institution under Modi's watch.

May need more currency as GDP size increasing, says RBI

Demonetisation caused a shrinkage in currency, but a growing GDP could require more currency in the system. 

On Camera

Bodoland poll loss a wake-up call for Assam BJP. Zubeen’s death puts CM Sarma in a tight spot

Assam CM can’t celebrate that the Congress drew a blank in the Bodoland Territorial Council polls in 2010 as well as 2015, and bagged only one in 2020.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

Aerial warfare analyst Tom Cooper faults India’s military PR, says Pakistan does it better

In post on social media, Cooper narrated experience of MiG-21 researcher from Germany who wanted to attend aircraft’s farewell ceremony in India, and the roadblocks he faced. 

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.