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5.4 lakh cr deposited in banks

New Delhi: People have exchanged and deposited over Rs 5.44 lakh crore worth of scrapped Rs 500/1,000 notes at different banks till November 18 following demonetisation of the higher denomination currency. The banks also disbursed Rs 1,03,316 crore over the counter and via ATMs during the same period, the RBI said in a statement.  Consequent to the announcement of withdrawal ... Read More »

Arvind Kejriwal to address 21 rallies in Punjab starting from today

Aam Aadmi Party (AAP) chief and Delhi Chief Minister Arvind Kejriwal will address 21 rallies from November 20 to November 30 in Punjab to spruce up his party’s campaign in the poll-bound state. He will start his campaign from Jalalabad, the constituency represented by Deputy Chief Minister Sukhbir Singh Badal and end his tour of Punjab at Gurdaspur on November ... Read More »

Anti-National To Back This Form Of Cash Clean Up: Arvind Kejriwal

NEW DELHI: Arvind Kejriwal, among the most voluble critics of the ban on 500 and 1,000 rupee notes, has said “it is anti-national to support demonetisation in (its) current form.” Mr Kejriwal, who is the Chief Minister of Delhi, said Prime Minister Narendra Modi’s initiative to combat black money is designed to fail. Those who are honest and poor are ... Read More »

Hunger Games: Eating Out Becomes Latest Casualty In Cash-Starved Delhi

NEW DELHI:  Several restaurants in Delhi are witnessing thin attendance as pockets run dry after the centre’s currency ban on 500 and 1,000 rupee notes. Small eateries and roadside dhabas, which do not have electronic payment facility, are the worst hit. As people struggled to pay for basic necessities such as vegetables and milk and flocked to banks to exchange ... Read More »

Anna Hazare Hails PM Narendra Modi’s ‘Revolutionary’ Step, Kejriwal Criticizes It

NEW DELHI:  Anti-corruption crusader Anna Hazare has lauded the Centre for its “bold and revolutionary” decision of demonetising Rs. 500 and Rs. 1,000 currency notes, saying it will curb black money. “This revolutionary step will curb black money, corruption and terrorism (funding) to a large extent,” Mr Hazare told news agency PTI. “The previous governments never showed the will to ... Read More »