Demonetisation

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How Sensex went from 1,000 to 60,000 in just over 31 years amid hope and despair
Business

How Sensex went from 1,000 to 60,000 in just over 31 years amid hope and despair

Both the 50,000 and 60,000 levels have been breached in 2021, showing the resilience of the market after the pandemic-triggered crash in March 2020

Only I will fight against CAA, NRC, demonetisation and anti-people policies of BJP, says Mamata Banerjee
Politics

Only I will fight against CAA, NRC, demonetisation and anti-people policies of BJP, says Mamata Banerjee

The TMC supremo is pitted against BJP's Priyanka Tibrewal and Left Front's Srijib Biswas in the 30 September bypoll

'Don't intend to retract tweet or apologise': Kunal Kamra on contempt of court proceedings against him
India

'Don't intend to retract tweet or apologise': Kunal Kamra on contempt of court proceedings against him

In a letter posted on Twitter, the stand-up comedian also wished to volunteer the time that would be allotted to the hearing of his contempt case to other matters and parties who have not been as lucky and privileged as him to 'jump the queue'

Ahead of Uttar Pradesh bypolls results, Akhilesh Yadav accuses BJP of rigging election
Politics

Ahead of Uttar Pradesh bypolls results, Akhilesh Yadav accuses BJP of rigging election

The Samajwadi Party chief, however, did not elaborate on the accusation, and said he would provide detailed information after the results are declared on Tuesday

Demonetisation destroyed economy, only helped a few crony capitalists, alleges Rahul Gandhi
Politics

Demonetisation destroyed economy, only helped a few crony capitalists, alleges Rahul Gandhi

Gandhi and the Congress have been alleging that demonetisation was not in the interest of the people and had adverse effects on the economy

The Modi paradox: At 70, his 7 deadly sins for 'liberals' are why his supporters love him
India

The Modi paradox: At 70, his 7 deadly sins for 'liberals' are why his supporters love him

Part of the phenomenon is that the PM's support base grows and gets more solidly behind him for the exact reasons a section of urban, English-speaking intelligentsia hates him

GDP figures show demonetisation was an 'attack' on India's unorganised sector, says Rahul Gandhi
India

GDP figures show demonetisation was an 'attack' on India's unorganised sector, says Rahul Gandhi

The former Congress chief said that the decision to scrap high-value currency notes was an attack on the country's poor, farmers, labourers and small shopkeepers

India's handloom, handicraft sectors have resilience to combat COVID-19 crisis setbacks. But they need calculated support
India

India's handloom, handicraft sectors have resilience to combat COVID-19 crisis setbacks. But they need calculated support

The handloom and handicrafts sectors will be drawing on their rich-but-checkered past, which previously saw them through prejudices and shortsighted policies, to work their way through the crisis posed by the coronavirus outbreak and lockdown as well.

Anurag Kashyap says the characters in Netflix film Choked don't share his politics: 'They aren't privileged, like I am'
Entertainment

Anurag Kashyap says the characters in Netflix film Choked don't share his politics: 'They aren't privileged, like I am'

Anurag Kashyap Netflix movie Choked explores marriage in a middle-class household and how it is shaped by financial concerns.

Choked movie review: Anurag Kashyap's demonetisation saga is curiously hesitant and dull
Entertainment

Choked movie review: Anurag Kashyap's demonetisation saga is curiously hesitant and dull

What is not vintage Anurag Kashyap is the lack of clarity and sharpness in what he seems to be saying about demonetisation and "achhe din" in Choked.

Anurag Kashyap, Saiyami Kher, Roshan Mathew on how they designed Netflix film Choked as a 'Sai Paranjpe thriller'
Entertainment

Anurag Kashyap, Saiyami Kher, Roshan Mathew on how they designed Netflix film Choked as a 'Sai Paranjpe thriller'

Choked: Paisa Bolta Hai revolved around the issues of a Maharashtrian couple (Saiyami Kher and Roshan Mathew), till the wife discovers an unlikely source of income.

Le15's Pooja Dhingra on coping with Colaba café's closure, and why it's a tough time for more than food industry
Lifestyle

Le15's Pooja Dhingra on coping with Colaba café's closure, and why it's a tough time for more than food industry

'My idea was to bring the macaron back to India with me, and see if people would love it as much as I did,' says Le15's Pooja Dhingra

COVID-19 impact: Informal economy workers excluded from most govt measures, be it cash transfers or tax benefits
Business

COVID-19 impact: Informal economy workers excluded from most govt measures, be it cash transfers or tax benefits

Like demonetisation, the current lockdown has exposed millions of workers and their families to starvation, hunger, death and very bleak future prospects.

P Chidambaram says Yes Bank fiasco caused by 'mismanagement' of financial institutions under BJP govt, demands RBI probe
Business

P Chidambaram says Yes Bank fiasco caused by 'mismanagement' of financial institutions under BJP govt, demands RBI probe

Congress leader and former Union finance minister P Chidambaram on Saturday said the Yes Bank fiasco was caused by "mismanagement" of financial institutions under the BJP government and demanded that the RBI conduct a thorough probe and fix accountability in the matter

Yes Bank placed under 'moratorium'; govt caps withdrawals at Rs 50,000, RBI says lender lacked 'credible revival plan'
Business

Yes Bank placed under 'moratorium'; govt caps withdrawals at Rs 50,000, RBI says lender lacked 'credible revival plan'

Troubled private sector lender Yes Bank was placed under a 'moratorium' on late Thursday, with the RBI capping depositor withdrawals at Rs 50,000.

44,000 jobs lost in Maharashtra in demonetisation year, says state Economic Survey; document red flags reducing number of industries
India

44,000 jobs lost in Maharashtra in demonetisation year, says state Economic Survey; document red flags reducing number of industries

Some 44,000 jobs were lost in Maharashtra in 2016-17, the fiscal year when the decision of demonetisation was announced by the Centre, according to the state's Economic Survey.

No instructions to banks to phase out Rs 2,000 notes, says Finance Minister Nirmala Sitharaman
Business

No instructions to banks to phase out Rs 2,000 notes, says Finance Minister Nirmala Sitharaman

Banks have started dispensing more of Rs 500 notes than Rs 2,000 denomination notes, a move seen as gradual phasing out of the high denomination currency note

With revenues falling, taxman rakes up three-year-old demonetisation cases; about 15,000 jewellers sent tax demands
Business

With revenues falling, taxman rakes up three-year-old demonetisation cases; about 15,000 jewellers sent tax demands

Tax authorities are within the rights to demand tax on past revenue, which takes time to scrutinise, but it is highly unusual for officials to demand the entire revenue as tax.

Three years after demonetisation, Rs 2,000 currency note loses sheen; banks to eject them completely from ATMs in a year
Business

Three years after demonetisation, Rs 2,000 currency note loses sheen; banks to eject them completely from ATMs in a year

Though the efforts are underway to recalibrate about 240,000 ATMs to replace Rs 2,000 notes with Rs 500 notes, the high-value notes may not be withdrawn immediately .

RBI's new motto after demonetisation: Cash is king, but digital is divine; digital payments witness 61% CAGR growth
Business

RBI's new motto after demonetisation: Cash is king, but digital is divine; digital payments witness 61% CAGR growth

With 'cash is king, but digital is divine' motto, the Reserve Bank on Monday said its endeavour will be to make digital payments a divine experience for the users after being buoyed by over Rs 3.5 lakh crore reduction in the notes in circulation (NIC) post demonetisation