Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
RBI: 97.96% of Rs 2,000 notes withdrawn, Rs 7,261 crore yet to return
The Reserve Bank of India (RBI) has reported that 97.96% of the Rs 2,000 notes withdrawn from circulation have been returned, with Rs 7,261 crore still outstanding. This data highlights the progress of the currency withdrawal process and the challenges in managing the return of high-denomination notes. The remaining amount yet to be returned reflects ongoing issues related to currency circulation and public compliance with the withdrawal scheme. This situation underscores the complexities involved in currency management and the impact of demonetization policies on the economy.