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PM Modi's move to go after black money by declaring Rs 500 and Rs 1,000 notes invalid took everyone, including his cabinet, by surprise. While a shortage of currency might well make it harder to hide from the taxman, it will also make things much tougher for the aam aadmi. Can India cope? Track this space for more updates.

The major ports had handled 606 million tonnes of cargo in 2015-16 as against Rs 581 MT cargo in 2014-15.

Rahul Gandhi alleged that due to the indifferent attitude of the central government, the labourers from UP are forced to work in Maharashtra and Karnataka.

Says government good at making empty promises.

Speaking at a discussion on 'Demonetisation scheme', Chidambaram claimed that the ban on high value currency notes had affected normal life and most people were facing troubles.

Budget 2017 has rolled out measures to encourage first-time home buyers, but by tweaking select provisions on tax reliefs, finance minister Arun Jaitley has ensured that real estate may no longer be an option to invest in.

Failure of men to exchange and return little sums saved by their wives in demonetised bills has caused a spurt in domestic discord, says a study conducted by an NGO.

Following the demonetisation of high-value notes, the tax department had issued advertisements and warned people against depositing their unaccounted old currency in others’ bank accounts.

This information is ‘sensitive’ and is exempt from the RTI Act, the central bank said responding to an RTI query filed by Firstpost.

Prime Minister Narendra Modi on November 8 had announced demonetisation of Rs 1,000 and Rs 500 notes in a major assault on black money, fake currency and corruption.