Rs 500, Rs 1,000 note rumours, not polls, behind cash surge? Accept Rs 500/1,000 n

Prime Minister Narendra Modi talked about fighting corruption and black money during his address to the nation on Tuesday. In a major step to check black money, the prime minister announced demonetization of Rs 500 and 100 currency notes. He said the government has been fighting the menace of black money and corruption ever since it assumed power two years ago.

Earlier in the day, he met Chiefs of Army and Navy Staffs and Vice Chief of Air Staff, who came to brief him on the security preparedness of the forces manning the border outposts. National Security Advisor Ajit Doval was also present during the briefing. During the meeting, the Prime Minister is understood to have taken stock of the situation along the Line of Control (LoC) and International Border where Pakistan has been regularly shelling military posts as well as civilian areas.

Army Chief Gen Dalbir Singh Suhag is believed to have briefed Modi on the situation and how the forces are handling the Pakistani provocation.

8, 20168:38 PM

Notes of Rs 2000 and Rs 500 will be circulated soon, RBI has decided to limit the notes with higher value: PM Modi

8, 20168:37 PM

On November 9, all banks will remain closed for public work: PM Narendra Modi

8, 20168:37 PM

PM Modi urges people to help the government in fight against black money and fake currency notes

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