Over the time frame, major loss of jobs is seen among the people who are less educated. The sharp decline in job opportunities clearly suggests why opposition is pushing hard on the matter during the election.

The government on January 4 gave the hint of not printing Rs 2,000 bank notes, as of now. The kinds of notes were introduced post-demonetisation in November 2016. Source close to the development confirms that there is enough stock in circulation and no decision have been taken on printing more notes.

Shocking! The Nepal government has banned the transaction of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations in the country. The decision is likely to severely affect Nepalese people working in India.

Hitting back at Rahul Gandhi who questioned him on demonetisation, Prime Minister Narendra Modi on Monday said that the Congress President and his mother Sonia Gandhi were out on bail but issuing "honesty certificates" to others.

On the second anniversary of demonetisation, West Bengal Chief Minister Mamata Banerjee on Thursday slammed the central government under Prime Minister Narendra Modi for cheating the nation with the note-ban "scam".

A day after the RBI said that 99.3 per cent of the demonetised currency has returned to the banks, NITI Aayog Vice Chairman Rajiv Kumar on Thursday said the objective of the note ban exercise was not to have a large number of unreturned Rs 500 and 1,000 notes but to encourage digital payments and reduce cash transactions.

Finance Minister Arun Jaitley on Thursday hit back at Congress President Rahul Gandhi for his allegation that demonetisation helped "15-20 biggest crony capitalists", dubbing it as fictitious.

A day after the RBI revealed that 99.3 per cent of the demonetised currency was returned to the banks, Finance Minister Arun Jaitley on Thursday said the invalidation of the non-deposited currency was not the only objective of the noteban.

Terming the demonetization a "scam", Congress President Rahul Gandhi on Thursday said the primary purpose behind the exercise was to help "15-20 biggest crony capitalists" whose loans have turned into NPAs.

New Delhi,