India withdraws larger banknotes in fight against graft, ‘black money’
India’s Prime Minister Narendra Modi
New Delhi - Arab Today
Indian Prime Minister Narendra Modi has announced that 500 and 1000 rupee banknotes would be withdrawn from the financial system at midnight, saying it was part of a crackdown on rampant corruption.
The surprise step appears to be designed to bring billions of dollars worth of cash in unaccounted wealth into the mainstream economy.
“Black money and corruption are the biggest obstacles in eradicating poverty,” he said in an address to the nation.
New 500 and 2,000 rupee denomination notes will be issued later, he added.
Source: Arab News
- Friday ,26 May GMT 08:53 2017 Indian prime minister to hard sell investment opportunities during 4-nation tour
GMT 05:13 2017 Saturday ,11 November
India announces changes to its new national taxGMT 14:35 2017 Saturday ,01 July
India launches national tax amid business doubtsGMT 16:09 2017 Saturday ,17 June
India ready for GST, anti-profiteering rules soonGMT 15:11 2017 Sunday ,28 May
India’s Muslim meat traders plan legal action over new rulesGMT 08:53 2017 Friday ,26 May
Indian prime minister to hard sell investment opportunities during 4-nation tour
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 07:03 2017 Saturday ,12 August
Federer punches ticket to ATP Montreal Masters semis
GMT 16:24 2017 Friday ,24 February
Nearly MAD 2 Billions for 21 Tourism Projects in the Region of Rabat-Salé-Kenitra
GMT 11:18 2017 Friday ,27 October
Ministry of Health and Prevention launches programme for early detection
GMT 22:26 2017 Wednesday ,25 October
Sisi discusses in France boosting joint cooperation
GMT 06:40 2017 Wednesday ,12 April
LSE looks to Mideast for revival after Brexit
GMT 13:34 2017 Saturday ,04 March
Morocco Blocks Sale of Dinosaur Skeleton
GMT 02:30 2016 Tuesday ,20 December
UAE physician identifies a unique subtype of colon cancer
GMT 13:28 2017 Friday ,13 October
ABLF celebrates 10 years of showcasing leadership
GMT 03:16 2017 Thursday ,01 June
Sudan and United Nations sign MoU to combat extremism
GMT 04:38 2017 Friday ,10 November
Trump's $250bn China deals are small beer: analysts
GMT 02:32 2017 Tuesday ,28 February
Film on Syria's White Helmets wins Oscar
GMT 19:31 2017 Friday ,25 August
Slain Mexican journalist's family demands new probe
GMT 09:09 2016 Tuesday ,19 January
Missing Hong Kong booksellers is in China
GMT 17:46 2017 Saturday ,25 March
Brazil recalls meat as scandal-hit industry suffers lossesGMT 01:45 2011 Friday ,11 March
Oxford diversity and free school meals
GMT 13:08 2017 Thursday ,23 March
Football: La Liga chief tells China 'not just about cash'
GMT 13:50 2017 Friday ,31 March
Vespa wars: Italy fears sting of Trump trade barriers
GMT 20:02 2017 Thursday ,26 October
Three UN peacekeepers killed, two hurt in Mali landmine
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor