Congress President Rahul Gandhi on Wednesday targeted Prime Minister Narendra Modi for "making fun of our farmers misfortune" following reports of the Agriculture Ministry admitting that millions of farmers were unable to buy seeds and fertilizers because of...

Several senior Congress leaders on Friday staged a protest outside the Reserve Bank of India (RBI) on the second anniversary of demonetisation that was announced by Prime Minister Narendra Modi on November 8, 2016.The Congress in a statement said the protest...

Former banker Meera H. Sanyal in her book launched on second anniversary of the move to nullify high denomination currency, says demonetisation "paralysed businesses" in the country.Sanyal, a former CEO and Chairperson of Royal Bank of Scotland in India and...

Congress President Rahul Gandhi on Thursday called the note ban a "cruel conspiracy" and a "criminal financial scam"."November 8th will forever go down in the history of India, as a day of infamy," said Gandhi, adding that "note ban was a planned and cruel conspiracy....

Describing the demonetisation exercise of the Modi government as the "most ingeniously designed official money laundering scheme", former Union finance minister P Chidambaram on Thursday said the ban did not render any currency notes "worthless" and the government...

Attacking Narendra Modi on the second anniversary of demonetisation, Congress President Rahul Gandhi on Thursday called the note ban a "cruel conspiracy" and a "scam"."Note ban was a planned and cruel conspiracy. This scam was a scheme to launder black money of...

Coming down heavily on the Narendra Modi government for making efforts to "capture" the RBI, Congress leader and former Union finance minister P Chidambaram on Thursday said the chain of events could "irretrievably damage" the credibility and reputation of...

Ridiculing Prime Minister Narendra Modi's "knowledge of economics", the Congress on Thursday ripped into him for the "reckless" decision of demonetisation that it said wrecked the economy and consumed many lives.On the second anniversary of the Modi's 2016 decision...

The Modi government's "disastrous demonetisation" devastated crores of people dependent on daily cash transactions and helped to convert black money into white, the CPI-M said on Thursday."On the second anniversary of demonetisation, the Indian economy is...

Holding demonetisation an "ill-fated" and "ill-thought" exercise, former Prime Minister Manmohan Singh on Thursday said the scars and wounds of the decision are only getting more visible with time and its deeper ramifications are still unravelling.On the second...

Terming the demonetization a "scam", Congress President Rahul Gandhi on Thursday said the primary purpose behind the exercise was to help "15-20 biggest crony capitalists" whose loans have turned into NPAs."Why did he (Prime Minister Narendra Modi) do it (demonetization)?...

The Reserve Bank has twice released its reports stating that the demonetised Notes of `500 and `1000 have been substantially deposited in the Banks.A widely stated comment has been that just because most of the currency came back into the Banks, the object...

Notwithstanding the fact that only over Rs.10,000 crore of demonetised money did not come back to the RBI, government on Wednesday claimed that it has achieved the targets it had set in its decision, including checking black money, counterfeit currency and terror funding...

It didn't take long for fake notes of 2,000 rupees to start circulating after Prime Minister Narendra Modi announced demonetisation in November 2016, with one of its stated aims being to kill counterfeit currency, official data show.According to the National...

Prime Minister Narendra Modi might be listing demonetisation and GST as his government's two major achievements which changed the course of the Indian economy but the people of Maninagar, the constituency he represented as Chief Minister, do not seem to be...

NITI Ayog member Bibek Debroy admits that demonetisation was a temporary shock on growth but asserts that the economy has now climbed back. One year into the disruptive note ban, Prime Minister Narendra Modi's economic policy adviser says the worst is over...

Hitting out at the Narendra Modi government, Congress Vice President Rahul Gandhi on Wednesday said demonetization and the GST rollout have "broken the legs" of Surat, as he observed a "black day" in the textile and diamond hub of the country.The Gandhi scion...

One year down the line, the decision of demonetisation has proved right and successful and the common people have supported the government in its fight against corruption even after facing some problems, Union Minority Affairs Minister Mukhtar Abbas Naqvi...

Union Minister of State for Heavy Industries and Public Enterprises Babul Supriyo on Wednesday slammed the Trinamool Congress for turning its Twitter profile picture black in protest against demonetisation."There is nothing to say about leaders and political...

Rejecting West Bengal Chief Minister Mamata Banerjee's comments on demonetisation, Union Minister Jayant Sinha on Wednesday said the note ban announced on November 8 last year was a "miracle and not a scam"."In Bengal, under the leadership of Mamata Banerjee,...

Exactly a year ago, Prime Minister Narendra Modi dramatically scrapped high value currency notes in a decision that jolted the economy and divided opinions on a major policy like never before. While the jury is still out on the note ban, which cost India two...

Hundreds of Congress workers on Wednesday formed a human chain here as part of their party's observance of November 8 as 'black day' on the first anniversary of the demonetisation of high value currency notes.Congress workers dressed in black shirts and pants,...

Demonetisation of high-denomination notes hit the poor and common people hard as the BJP government at the Centre deceived Indians by unilaterally scrapping Rs 500 and Rs 1,000 notes last year, the CPI-M said here on Wednesday."Decision to demonetise Rs 500 and Rs...

Union Minister Smriti Irani on Wednesday attacked the family of Congress President Sonia Gandhi by dubbing it a "family synonymous with graft" and said demonetisation was a tragedy for the family."Demonetisation (on November 8, 2016) certainly came as a tragedy...

A year after demonetisation, scrapped Rs 500 and Rs 1,000 notes continue to find their way into donation boxes at some temples in Odisha.Unable to dump their old currency notes, devotees are dropping the demonetised notes in donation boxes at Jagannath...

All major opposition parties, social organisations, farmer groups, mediapersons, NGOs, civil society activists and individuals organised massive protests across Mumbai and other parts of Maharashtra on Wednesday to mark the first anniversary of demonetisation,...

The litmus test for the success of any demonetisation is the amount of cash that does not return to the banking system. For long, economists and observers were intrigued by the refusal of the RBI to share data on SBNs (Specified Bank Notes) returned to banks...

Defending the governments decision to demonetise high value currency last year, Finance Minister Arun Jaitley on Tuesday said that demonetisation cannot be a one-stop solution to cleanse all corruption, but it did give a "new direction" to economic and financial...

'Demonetisation'-- the withdrawal of legal tender status of notes of denomination Rs 500 and Rs 1,000 -- announced by India's Prime Minister Narendra Modi over a televised address on 8 November 2016 will go down in history as one of the most reactionary and illogical economic...

When Raghuram Rajan, former governor of the Reserve Bank of India (RBI), cautioned the government against demonetisation, saying short-term economic costs would outweigh long-term benefits, he was not trying to be prophetic. But a year after Prime Minister...