Big announcement! PM Modi declares war on black money; Rs 500, Rs 1000 notes cease to be legal tender
Prime Minister Narendra Modi on Tuesday addressed the nation and said that his government was dedicated to the poor.
Prime Minister Narendra Modi on Tuesday addressed the nation and said that his government was dedicated to the poor.
New Rs 1000 and Rs 500 will be introduced from November 11.
There was a panic run on ATMs across the Indian capital as Prime Minister Narendra Modi declared that Rs 500 and Rs 1,000 notes won`t be legal tender from midnight Tuesday.
Syrian government forces were battling rebels for control of a strategically significant district of Aleppo on Tuesday, in what could be the most important advance in the divided city by Damascus and its allies in several weeks.
Launching a crackdown against old vehicles to tackle air pollution in the city, about 236 non-distant vehicles were returned at borders and denied entry by the police in Delhi on Tuesday.
Islamic State fighters forced thousands of civilians to retreat with them from Hamam al-Alil as Iraqi police were recapturing the town, and moved them towards Mosul airport, the UN said Tuesday.
Soon after PM Narendra Modi took the nation by surprise on Tuesday by announcing demonetisation of Rs 1000 and Rs 500 notes with effect from midnight, a number of rumours are being spread in the market.
The separatist camp on Tuesday announced that it will continue the agitation in the Valley after holding seven-hour consultations with "stakeholders" here to chalk out the future course of action.
In what could be a major blow to black money hoarders, the new Rs 2000 note that was unveiled by the Reserve Bank of India on Tuesday comes with a micro Nano GPS chip that can help track the exact location of the note via a satellite.
Muslim clerics in West Bengal attacked the central government on Tuesday for interfering with Muslim Personal Law.
CPI-M's Rajya Sabha MP Ritabrata Banerjee on Tuesday said that the common people are going to suffer in the coming days by the government's move to withdraw Rs 500 and Rs 1,000 notes.
The Kerala Police on Tuesday registered a case against former Kerala Speaker and CPI-M leader K Radhakrishnan for revealing the personal details of a rape victim, in which party workers, including Municipal Councillor PN Jayanthan are the accused.
People can deposit the current Rs. 500 and Rs. 1000 notes in banks till December 31st.
Clad in a colourful sari, British Prime Minister Theresa May on Tuesday visited a 700-year-old Hindu temple here and took blessings of its presiding deity Someshwara, a form of Lord Shiva.
C.K. Vineeth scored the winner at Jawaharlal Nehru Stadium. Rafael Coelho provided FC Goa the lead in the ninth minute.
The air quality in Delhi and several districts of Uttar Pradesh continued to remain "severe" on Tuesday, though visibility improved in Delhi while Lucknow witnessed thick smog.
The Reserve Bank of India on Tuesday unveiled the new Rs 500 and Rs 2000 notes and said these new notes will be launched in the market from November 10.
The prosecutor`s office in the state of Hidalgo was still searching for the player, two days after Sunday`s incident in the village of Santiago Tulantepec.
Unorganised builders and secondary (resale) property market would be adversely impacted following the government's decision to demonetise Rs 1,000 and Rs 500 notes with effect from midnight, according to real estate developers and consultants.
As you know that Rs 500 and Rs 1000 will go out of use from Tuesday midnight. The flushing out of high denomination notes from the economy is going to have an immediate impact on property prices.
RBI Governor Urjit Patel while addressing a press briefing said that this step will help to put an end to the circulation of fake money and that they have increased the production of the new currency.
Announcing the discontinuation of existing Rs 1000 and Rs 500 notes with effect from midnight tonight, the government has outlined following steps to make it easier for citizens for the transition:
Rs 500 and Rs 1000 notes will cease to be legal tender from midnight tonight.
Bankers and industry leaders Tuesday welcomed the move to demonetise the Rs 500 and Rs 1,000 notes as "a bold and revolutionary" step, and affirmed their commitment to smoothen the transition.
Banks across the nation will be closed on Wednesday and ATMs are likely to be non-functional as the government makes move to replace the Rs 500 and Rs 1000 notes with new Rs 500 and Rs 2000 notes.
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