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An activist of Congress party holds banned 500 and 1000 rupee notes during a protest against the government's decision to withdraw high denomination notes from circulation, in front of Reserve Bank of India. in Hyderabad, Nov. 28, 2016. VOA

Mumbai, Dec 7, 2016: Almost 12 lakh crore demonetised Rs 500 and Rs 1,000 notes have been deposited by the public since the November 8 announcement, R. Gandhi, Deputy Governor, Reserve Bank of India (RBI), said here on Wednesday.

“Almost 11.85 lakh crore notes have been deposited so far,” Gandhi said while addressing a press meet following the central bank’s bi-monthly monetary policy review.


NewsGram brings to you latest new stories in India.

The RBI has kept the key lending rates unchanged in its review.

S.S. Mundra, deputy governor, RBI, said the impact of demonetization on the gross domestic product (GDP) growth rate would “only be 15 basis points and it would be transient.”

However, the apex bank lowered the GDP growth forecast by 50 basis points to 7.1 per cent from 7.6 per cent. (IANS)


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As the world reopens after 18-20 months of the Covid-19 pandemic and lockdowns, a new variant of the coronavirus -- called B.1.1.529 -- has been identified in South Africa

As the world reopens after 18-20 months of the Covid-19 pandemic and lockdowns, a new variant of the coronavirus -- called B.1.1.529 -- has been identified in South Africa that has left the scientific community worried, as they fear that this new strain could fuel outbreaks in several countries and cripple health systems once again. Over 100 cases have been detected in South Africa, where the new strain is slowly becoming the dominant one.

Here are five things you should know about this deadly super Covid variant that has forced a number of countries, including the UK, Israel, Italy and Singapore, to restrict travel from South Africa and other countries in the region.

1. According to South African health officials, the 'B.1.1.529' variant has many more mutations than scientists expected, especially after a severe third wave, which was driven by the Delta variant. Many of the mutations are of concern for immune evasion and transmissibility.

2. B.1.1.529 carries a high number of mutations in its spike protein, which plays a key role in the virus' entry into cells in the human body. The B.1.1.529 variant has 50 mutations overall, including more than 30 on the spike protein alone which is the target of most current Covid vaccines.

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Dr Jothydev Kesavadev, Diabetologist and MD of Jothydev's Diabetes Research Centres said, "It is imperative for one to always make sure diabetes is being well-managed, but, during the festive season, it is important than usual. Uncontrolled diabetes can heighten the risk of developing severe diseases or complications. Regularly monitoring glucose levels helps you catch spikes or trends that suggest your diabetes may be getting out of control. This also helps you to take timely measures," he explains.

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