Data collected from banks indicated that about 87% of the banknotes received by the lenders was in the form of deposits, while around 13% had been exchanged for other denominations.
In May, RBI withdrew Rs 2,000 notes from circulation but they remain legal tender until 30 Sept. Some establishments, like Ahmedabad Nini's Kitchen, are using this to attract customers.
Union Govt’s MyGov Twitter handle and State Bank of India together put to rest some concerns that arose following RBI’s Friday announcement to discontinue the Rs 2,000 note.
While the CBI has built its reputation as a premier crime investigation agency by cracking high profile cases, many other cases have remained unresolved or resulted in acquittals.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
COMMENTS