Demonetisation Anniversary

6 years of demonetisation: Digital payments boom after demonetisation

The biggest decision related to the Indian economy was taken 6 years ago. Prime Minister Narendra Modi gave an address to the nation on 8 November 2022 at 9 pm, under which the old notes of 500-1000 rupees were announced to be discontinued.

Nov 08, 2022, 12:16 PM IST

DNA: What changed in 6 years of demonetisation?

Tomorrow will complete 6 years since the decision of demonetisation came into force on 8th November 2016. When demonetisation was implemented, this decision was repeatedly questioned, it was made a narrative that it would ruin the country's economy, we would go back many decades but nothing like this happened. Demonetisation has given a new direction to the country's economy and to understand this one must watch this DNA report.

Nov 08, 2022, 00:08 AM IST

'Thugs of Hindostan' release on anniversary of demonetisation a coincidence: Congress takes a sly dig at PM Narendra Modi

The Congress party, on its official Twitter handle, alleged that the move of demonetisation was aimed at favouring “few crony capitalist friends of PM Modi”.

Nov 08, 2018, 08:50 AM IST

Would you mind saying sorry, asks Prakash Raj on notes ban anniversary

The actor took to Twitter and, in an apparent reference to the Prime Minister, asked if the latter was ready to apologise to the nation for notes ban.

Nov 08, 2017, 22:22 PM IST

75,000 Indian industrialists turned NRIs after notes ban: Mamata's latest attack on PM Modi

The firebrand Trinamool Congress leader today alleged that the notes ban decision had caused a loss of Rs 7-lakh crore to the exchequer.

Nov 08, 2017, 19:54 PM IST

Demonetisation – From a closely guarded secret to facts that went into the decision

The plan to demonetise rupee 500 and rupee 1000 bank notes was kept highly confidential.

Nov 08, 2017, 13:24 PM IST

One year of demonetisation: How note ban has impacted black money, tax collections

Among the main objectives of demonetisation was the flushing out of black money and also conversion of the non-formal economy into a formal economy to expand the tax base.

Nov 08, 2017, 11:27 AM IST

PM Modi's demonetisation speech on 8 November 2016: Read full text

Read the full text of Prime Minister’s address to the nation on 8 November 2016.

Nov 08, 2017, 11:01 AM IST

Demonetisation has widened scope for digitisation among retailers: Study

More digital interface would help create a transaction history for the small retailers and enable them to get loans from banks.

Nov 08, 2017, 10:08 AM IST

Interesting facts about history of demonetisation of Indian rupee notes

Rs 1,000 and higher denomination notes were first demonetised in January 1946 and again in 1978. Know more interesting facts.

Nov 08, 2017, 10:05 AM IST

PM Narendra Modi's full speech during which he announced demonetisation - Watch

Prime Minister Narendra Modi in a surprise televised announcement on the evening of November 8, 2016 said that the 500 and 1,000 rupee notes would cease to be legal tender.

Nov 08, 2017, 09:47 AM IST

Notebandi ka ek baras nahi, barsi hai: Akhilesh Yadav on demonetisation

The opposition parties have planned to mark November 8 as ‘Black Day.

Nov 07, 2017, 20:53 PM IST

Demonetisation led to multiple benefits, lower interest rates: PMO

The outstanding demonetised notes as on November 8, 2016 were Rs 15.44 lakh crore. Of these, Rs 15.28 lakh crore or 99 per cent were returned, leaving only about Rs 16,000 crore outside the banking system.

Nov 07, 2017, 20:04 PM IST