-The Telegraph Decision was kept closely guarded to root out the menace of black money, money laundering, tax evasion and other illegal activities: Modi government The Centre on Wednesday defended the 2016 demonetisation policy, saying “the withdrawal of the legal tender character of a significant portion of total currency value was a well-considered decision” taken after extensive consultations with the RBI. The decision was kept closely guarded to root out the menace of...

-Deccan Chronicle NEW DELHI: Prime Minister Narendra Modi will be in Bali from November 14-16 to attend the 17th G-20 summit. He will attend three key sessions on food and energy security, digital transformation and health at the Bali summit, in addition to around 20 other engagements during his nearly 45-hour stay. The Prime Minister, who will leave on Monday, is attending the summit at the invitation of Indonesian President Joko Widodo....

-The Telegraph Union government requests adjournment of hearing on a batch of petitions, Justice BV Nagarathna says ‘it’s very embarrassing for the court’ New Delhi: A five-judge constitution bench on Wednesday expressed displeasure over the Union government’s unparalleled request for adjourning the hearing on a batch of petitions challenging the demonetisation announced by Prime Minister Narendra Modi in 2016. “Normally, a constitution bench never adjourns like this. We never rise like this once...

-Newsclick.in None of its stated objectives have been met and the entire exercise has turned out to be a mere act of converting old notes into new ones, at great inconvenience to the people. In the entire history of post-Independence India, no single economic measure has been as devastating for the people and as utterly futile in achieving its stated objectives, as the demonetisation of currency notes of Rs 500 and Rs...

-PTI/ The Hindu The intent of the move, which was criticised by many experts for poor planning and execution, was to make India a "less cash" economy. Currency with the public has jumped to a new high of ₹30.88 lakh crore as of October 21, illustrating that cash usage is still robust even six years after the demonetisation move. At ₹30.88 lakh crore, the currency with the public is 71.84% higher than the...