-The Times of India MUMBAI: The Reserve Bank of India (RBI) on Wednesday said that Rs 15.28 lakh crore --or 99% of the Rs 15.44 lakh crore demonetised by withdrawal of Rs 500 and Rs 1000 notes on November 8, 2016 --has been deposited with banks. The disclosure dashes hopes of the government earning a windfall by extinguishing trillions of rupees worth demonetised currency that has not been returned. In its annual report, the...
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Demonetisation: Figure may hit 100% if 'pipeline' collections taken into account, say officials -Ritu Sarin
-The Indian Express Demonetisation: The “pipeline” demonetised collections, according to these officials, include banned notes lying with citizens in Nepal as deliberations between the RBI and the Nepal Rashtra Bank (NRB) for the exchange of such notes did not fructify. New Delhi: On a day when the Reserve Bank of India (RBI) released the data for collected demonetised currency, top RBI officials told The Indian Express that the figure could creep closer...
More »2,855 villages in UP under water
-PTI 10 more dead; toll mounts to 82 The flood situation in Uttar Pradesh remained alarming on Tuesday with reports of 10 more deaths, taking the toll to 82 in the current wave of floods in the State. “As many as 2,855 villages in 25 districts are inundated affecting a population of over 22 lakh,” the Relief Commissioner’s office said here, citing a flood report as on Monday. It said that around 50,000 people...
More »UP floods claim 69 lives; 20 lakh people hit in 24 districts
-PTI Lucknow: With fresh flood-related deaths reported from across Uttar Pradesh, the death toll in the current wave of floods has gone up to 69. Over 20 lakh people have been hit by the floods in 24 districts of the State. “The death toll in the floods has reached 69 in the state, where 2,523 villages in 24 districts are flooded affecting a population of over 20 lakh,” the relief commissioner’s office...
More »Flood situation: Uma Bharti to visit UP, Bihar
-The Hindu Business Line New Delhi: As floods continue ravage large parts of the country, Uma Bharti, Union Minister for Water Resources, River Development and Ganga Rejuvenation, on Saturday reviewed the situation and the action being taken at the national level. After the meeting, Bharti announced that she would visit Uttar Pradesh and Bihar next week, according to an official release. “The Minister will visit Uttar Pradesh on 21st August and Bihar on...
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