Note Demonetisation
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Demonetisation shook India’s trust in currency. RBI must ensure that doesn’t happen again
For a currency aspiring to become an international reserve currency, this could be a serious setback.
Kaushik Jayaram
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Protests erupt in Nigeria amid shortage of cash due to demonetisation move
India too had faced a cash crunch following the government’s decision to ban Rs 500 and Rs 1,000 notes in November 2016.
Scroll Staff
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Explainer: Why the Supreme Court upheld the legality of Modi government’s 2016 demonetisation move
In a 4:1 split, the court held that the decision to withdraw Rs 500 and Rs 1,000 notes did not violate any legal or constitutional provisions.
Umang Poddar
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Electoral bonds: What we know so far, what we will know soon – and what we may never know
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India’s latest GDP growth numbers are ‘mystifying’, says former chief economic advisor
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Dissenting verdict on demonetisation is a ‘welcome slap’ on Centre’s wrist, says Congress
While four Supreme Court judges said that the decision cannot be struck down, Justice BV Nagarathna held the exercise was unlawful.
Scroll Staff
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Supreme Court asks Centre, RBI to produce records of demonetisation
The court has reserved its verdict on 58 pleas challenging the government’s 2016 decision to ban currencies of Rs 500 and Rs 1,000 denominations.
Scroll Staff
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Hardships faced by public cannot be seen as fault of demonetisation, Centre tells Supreme Court
The attorney general said that even if the initial objective of the exercise was not achieved, the entire policy cannot be invalidated.
Scroll Staff
Video
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Caught on camera: Container ship hits and knocks down gantry cranes while docking at a Turkey port
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Watch: Temple in Kochi gets a mechanical elephant to perform prayer rituals
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Watch: Srinagar hosts Formula 4 car show on the roads around Dal Lake
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Watch: Scenes of damage after four coaches of a Sabarmati-Agra train were derailed in Ajmer
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Adorable animals: Playful elephant calf keeps stopping cleaner from raking leaves
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Supreme Court adjourns demonetisation hearing to November 24 after Centre fails to file affidavit
The Union government was given four weeks to file its stand, said Justice S Abdul Nazeer.
Scroll Staff
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Supreme Court says it will examine demonetisation exercise, seeks affidavit from Centre, RBI
A five-judge bench said said while it is aware of the ‘lakshman rekha’, it will still have to undertake a review of the decision-making process.
Scroll Staff
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SC to examine if pleas challenging demonetisation have become an academic exercise
A five-judge bench will hear the matter next on October 12.
Scroll Staff
The Reel
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‘Adrishyam’ trailer: Eijaz Khan and Divyanka Tripathi Dahiya play undercover agents
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Prithviraj Sukumaran on what makes ‘The Goat Life’ special: ‘A deeply meditative character study’
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Start the week with a film: A riveting game of mind control in ‘The Manchurian Candidate’
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‘Crew’ trailer: Tabu, Kareena Kapoor Khan and Kriti Sanon play stewardesses involved in smuggling
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‘I wanted to land this film correctly’: Why actor Kunal Kemmu chose to direct ‘Madgaon Express’
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Celebrating demonetisation is like cutting a cake on a victim’s grave, says Shiv Sena
The party also called the Centre’s 2016 note ban move a ‘black chapter’ in India’s history.
Scroll Staff
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Demonetisation helped ‘crony capitalist friends’, claims Gandhi; PM calls it ‘boost to transparency’
The Congress is observing the fourth anniversary of demonetisation as ‘Vishwasghaat Diwas [Betrayal Day]’.
Scroll Staff
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Demonetisation: Sonia Gandhi says Congress will ensure India does not forget ‘Tughlaki blunder’
Former Finance Secretary Subhash Chandra Garg suggested that Rs 2,000 notes can be demonetised as a large chunk of them were not in circulation.
Scroll Staff
The Field
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WPL 2024: From captain Meg Lanning to rising star Shreyanka Patil – The Field’s team of the season
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Wrestling: IOA dissolves ad-hoc committee; elected body to take charge of national federation
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Hockey: Harmanpreet Singh to lead 27-member Indian squad for Australia tour
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IWL 2023-24: Odisha FC inch closer to title with win over East Bengal
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WPL 2024: Royal Challengers Bangalore deliver lesson on making comebacks to win first title