For some categories of people, like NRIs, however, the deadline was June 30. During FY17, altogether 762,072 counterfeit notes were detected in the banking system, of which 95.7 per cent were detected by commercial banks.
The DNAreport has been quoted by Business Today, saying: "the RBI is finally preparing to print Rs 1000 note at printing presses in Mysore and Salboni, and the new notes could be available within months".
Finance Minister Arun Jaitley on Wednesday said that the volume of cash in circulation had dropped by 17%, as per the RBI report. As per the survey, the result showed the rate of FICN detected per million pieces of notes at 7.1 pieces for 500 denomination and 19.1 pieces for 1000 denomination.
The central bank also said it was in discussion with the government whether to accept the demonetised notes held by citizens and financial institutions in Nepal.
After the note ban, old notes were allowed to be deposited in banks, with unusual deposits coming under income tax scrutiny.
Tucked away in a corner of the report is a table that gives the bank notes in circulation at the end of March 2017. Reserve Bank of India News RBI All Set For Rs 1000 Notes:Reserve Bank of India announced that Rs 1000 notes will be introduced soon and the design, colour are being worked now currently. There was reimbursement of cost for finished banknotes, work in progress, raw materials, etc.as the printing presses had to discontinue printing of Rs 500 and Rs 1,000 denomination banknotes which were withdrawn in November 2016. Overall only 0.0013% of the Rs 15.4 lakh crore of demonetised currency was found to be fake.
He also claimed that the RBI had "gained" Rs 16000 crore, but "lost" Rs 21000 crore in printing new notes. "The economists deserve Nobel Prize", he tweeted.
The data suggests at the end of March 2017, there were Rs 8,925 crore worth of Rs 1,000 notes still in "circulation". These were issued by select RBI offices and some banks. He said the demonetisation was not a move to confiscate currency. The objective was formalisation of the economy, attack on black money, making the system less dependent on cash, blow to terrorism.
It would've been a much bigger issue a decade ago, when the Gulf accounted for almost 30% of the nation's oil production. Low oil prices made it more profitable for refiners to turn oil into gasoline, and they created even more than needed.
Currently, the 14-day Commodity Channel Index (CCI) for HSBC MSCI MEXICO CAPPED UCITS ETF (HMEX.L) is sitting at 118.98. We can also take a look at the Average Directional Index or ADX of iShares Core Total USD Bond Market ETF (IUSB).
As for the visitors, Mauricio Pellegrino's side drew their opener to Swansea City and won their last game to West Ham United. A step-up in Premier League quality is what David Wagner expected from Southampton and the Terriers manager got just that.
Tom Parker from the British Chamber of Commerce in Brussels told Sky News that this was a make or break week. Although it was understood negotiations would begin on Monday, most arrived by Eurostar this morning.
Justice Dipak Misra was on Monday sworn in as the 45th Chief Justice of India (CJI), succeeding Jagdish Singh Khehar. In May, Misra also upheld the death sentence of the four convicts in the heinous 2012 Delhi gang-rape case.
The Uber board of directors has been meeting daily and deliberated on its pick for CEO throughout the weekend. Though Uber's business has been unaffected by all this, Kalanick's style of management came under scrutiny.
The study estimated that a few to several thousand transgender troops are on the active duty force of 1.3 million. Some congressional offices and think tanks have conducted their own studies on the issue.
The total amount of shares outstanding is 1.31 billion, giving the company a market capitalization of about 96.66 billion. Dupont Capital accumulated 248,064 shares. $5.16 million worth of Gilead Sciences, Inc . (NASDAQ: GILD ).
The Council which is headed by Finance Minister along with other finance ministers of the states has chose to hike the cess. He said out of the total amount of the GST collected, the Centre got Rs 444 crore through various cesses .
Speaking with the Examiner, Arpaio, said, "All I'm saying is the door is open and we'll see what happens , he told the Examiner". And he lost in a fairly close election. "We just can't forget what they did here", Hannity concluded.
Against Sharapova , she took a set and change to steady herself mentally but charged back in the middle of the second set. Halep connected on 67 percent of her first serves, but not enough of them were effective enough to frustrate Sharapova .
Biebs' testicles at centre of new lawsuit
A month later, hospital honchos summoned Lombardo , accused her of peeking at private records, and eventually fired her. An examination showed that Bieber's testicles were fine. 'They targeted her because of her gender, ' Rosenberg said.
NYC Mayor Signs Law That Will Raise Cigar Prices
The smoking rate in NYC has declined from 21.5% in 2002 to 14.3% in 2015, but that still means there are 900,000 smokers. No new tobacco retail dealer licenses will be issued in community districts until the total decreases to below the cap.
Volunteers from West Palm Salvation Army head to Texas
The Stillwater Corps isn't sure exactly what its people will be doing, but Flowers says there is a good chance they'll be cooking. Veronica Boyne, a Tulsa Salvation Army employee, volunteered to join the crew that deployed to south Texas on Monday morning.
(BBY) Scheduled to Post Quarterly Earnings on Tuesday
To assess the reasonability of BBY's earnings growth per share, we should look at its most recent growth rate delivered. Adjusted earnings per share were 69 USA cents in the quarter, well above the market consensus for 63 U.S. cents.
Wakeboarder Mark Griffin brings PH bronze in 2017 SEA Games
In the remaining three days at SEA Games 29, Vietnam hopes to win more golds in Taekwondo, Pencak Silat, weightlifting and muay. The Malaysian team last won the gold medal in the 2011 Jakarta SEA Games, while Thailand are the defending champions.
Pet shelters, welfare groups step up to meet Harvey's threat
They said about 50 other volunteers are already waiting on standby. "As you can imagine, it's a rapidly changing situation". In addition to cash donations, the organization can also use in-kind donations like large plastic or metal bins with lids.
Giveaway: Win A Beta Code For Call of Duty: WWII on PS4
Esports - Ranked Play, Game Battles, and our suite of competitive features will be accessible when we release in November. Make sure you are signed up for the Call of Duty: WWII beta and use these tips to prepare for the beta .
Missouri, Illinois men among missing John S. McCain sailors
Last Monday, the USS McCain became the second US guided-missile destroyer to collide with a commercial vessel in as many months. Kimball, who lives in Georgia, said that Hoagland has been serving on the USS John McCain for almost a year.