Total no. of accounts stood at 1,16,74,553 out of which 81,54,053 are opened in rural areas
From flying the cash to northeastern states to using back-dated bills, the methods are aplenty
RBI has designated its 5 offices to exchange defunct currency note post 50-day demonetisation period
During demonetisation period, ED had done random check of select branches to check money laundering
On Nov 8, the govt had announced that Rs 1,000 and Rs 500 notes ceased to be legal tender
State's revenue resources to take a hit, revenue targets unlikely to be met in current fiscal
Debt level of small and medium firms likely to be impacted
With the vast data on post-demonetisation deposits before it, the Income Tax Department has said it is already on the job of verifying the account details and notices will soon be sent to those identified with irregularities.
Even as the poorest have struggled, many have continued to voice support for the PM's initiative
SICAL Logistics has taken a 15% revenue hit in the past 50 days
The PMI fell to 49.6 in December while core sector output growth was at 4.9% in November
This Dec quarter was the worst among those in 10 yrs, on the number of new investment proposals
Reach of mobile payments rose six per cent in the week following note ban, usage frequency up 15%
Unemployment rate was 5.7% in Nov and 6% in Dec, lower than Oct's 6.3%
They did it as a mark of protest against demonetisation
Lending rate cuts will cushion the hit from the demonetisation shock in the second half of 2017
New investment proposals during the quarter were half the average of the preceding nine quarters
NITI Aayog Vice-Chairperson Arvind Panagariya has written to PM Modi on tax rules post the note ban
Factory activity plunged into contraction last month
The world has started making fun of Modi. At least Manmohan Singh had the respect of the world