We cannot change rules even by a millimetre, said an RBI official
Nine gold bars, weighing 15 kg, were also seized from three people at Guwahati railway station
Includes those dealing in high-value property and petrol pump owners
Reddy has not divulged source of new currency he got in exchange for Rs 34 cr worth of old notes
According to the paper, aggregate deposits grew by 14.5% y-o-y during the period Nov 11 to Dec 30
Gandhi said note ban and GST are two torpedoes launched on the Indian economy
Kumar, the JD(U) national president, had come out in support of the demonetisation measure when he was in the Grand Alliance comprising the RJD and the Congress
Massive polarisation as only a few stocks outperform handsomely
If Costa-Gavras, Greek-French director, were asked to make a film about Indian politics in the last ten years, he would have the time of his life
'The basic idea of these exercises is to ask all poor people whether they are Indian or not', said Gandhi
Here are the five people who best represent the story of the Indian economy in the 2010s
While the anti-graft drive of 2010 was undoubtedly the first disruptor, others like the note ban and a weakened Opposition deserve mention
The biggest economic story of this decade is clearly GST, whose receipts have fallen way short of target, creating ripples in Central and state finances
The government had banned Rs 1,000 and Rs 500 denomination notes on November 8, 2016 with an aim to check black money, eliminate Fake Indian Currency Notes
According to the reply, notes in circulation (NIC) as on November 4, 2016 were Rs 17,741.87 billion which have now increased to Rs 22,356.48 billion as on December 2, 2019
The errors and misapprehensions that led to constant optimism about Indian growth
Capacity utilisation had improved gradually from 71 per cent in the aftermath of demonetisation to 76.1 per cent in January-March 2019
They have also directed their accountants to deposit cash balances of Rs 2,000 notes in banks
It may be hard to square data with the revival being forecast, but economic soothsayers may well be right when they predict 5.8% growth for Q2, 6.4% for Q3 and 7.2% for Q4, T N Ninan explains why
She said the RBI has confirmed that 99.3 per cent of all the devalued Rs 500 and Rs 1,000 currency notes have been re-deposited "with zero windfall gain to speak of".