Never miss a story

Get subscribed to our newsletter

NEW DELHI/INDIA, 16NOV08 -Narendra Modi, Chief Minister of Gujarat, India, speaks during the welcome lunch at the World Economic Forum's India Economic Summit 2008 in New Delhi, 16-18 November 2008. Copyright World Economic Forum ( by Norbert Schiller. Wikimedia

New Delhi, November 8, 2016: While addressing the country on Tuesday night, Prime Minister Narendra Modi announced that notes of Rs. 500 and Rs. 1000 will not be used from midnight onwards. The notes of Rs. 500 and Rs. 1000 must be deposited at post offices and banks by the end of December.
PM Modi further added that the move was necessary to fight “the disease of black money.”

NewsGram brings to you latest new stories in India

Here are the highlights from his address:

  • Rs 500 and Rs 1000 notes will not be “legal tender from midnight tonight” and these will become just worthless pieces of paper.
  • However, notes in the lower denomination of Rs 100, Rs 50, Rs 20, Rs 10, Rs 5, Rs 2 and Re 1 and all coins will continue to be valid.
  • The new notes of Rs 2000 and Rs 500 will be introduced.
  • Sab ka sarkaar, sab ka vikas – governance and progress for all is our motto. We are focusing on the empowerment of the poor. A series of schemes we have introduced all aim at this.
  • Corruption and black money are diseases which are deep rooted in the country, and they are becoming obstacles to our success.
  • This solid step to fight black money is essential and people have 50 days to turn them into banks and post offices.

Go to NewsGram and check out news related to political current issues

  • On November 9 and in some places on November 10, ATMs will be working.
  • Though, for the sake of people, in the initial 72 hours, government hospitals will be accepting old Rs. 500 and 1000 notes till 11 November midnight.
  • Petrol pumps and retail outlets will have to keep a record of every single entry of cash transaction with 500 and 1000 notes till November 11.
  • Apart from these, crematoriums and cemeteries will also be allowed to transact 500 and 1000 notes for the initial 72 hours.

Look for latest news from India in NewsGram

  • There will be no change in any other form of currency exchange be it DD, cheque, payment via debit or credit cards etc.
  • If for some reason, citizens unable to deposit Rs. 1000, Rs. 500 notes by December30, they can change them till March 31, 2017, by providing ID proof.

– by Pinaz Kazi of NewsGram. Twitter: @PinazKazi


wikimedia commons

Children playing ringa ringa roses in an open backyard in England

Great historic events that have shaped the world and changed the outlines of countries are often not recorded in memory, or so we think. Wars made sure to destroy evidence and heritage, and the ones who survived told the tale of what really happened. Folklore, albeit through oral tradition kept alive many such stories, hidden in verse, limericks, and rhymes.

Ringa-ringa-roses, a common playtime rhyme among children across the world, is an example of folklore that has survived for many centuries. It tells the story of the The Great Plague of London which ravaged the city between 1665-1666.

Keep Reading Show less
wikimedia commons

Certain tribes have remained matrilineal, where the decision-making power rests with the eldest female of the family.

In modern times, many social movements aim to bring reform to the society we live in, on the basis of certain existing patterns. Patriarchy is something that many aim to cleanse our cultures of, to usher in the era of social and gender equality. Despite all these so-called movements, in southern India, certain societies that patronise matriarchy have existed since before India's independence. The Nairs and Ezhavas of Kerala, and Bunts and Billavas of Karnataka are matrilineal societies that continue to thrive in a patriarchal country.

Kerala remains separate from the rest of India in many ways. Be it literacy policy, form of government, or cultural practices, this state does not always conform to the ideal that India is known for. Even so with their social structure. Certain tribes have remained matrilineal, where the decision-making power rests with the eldest female of the family.

Keep Reading Show less
Photo by Medhat Dawoud on Unsplash

It is the world's top tech company in turnover (totaling $274.5 billion in 2020) and its most valuable corporation.

Apple inc. Is an American multinational tech firm specialized in consumer electronics, computer programs, and internet services founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976 to manufacture Wozniak's Apple iComputer. It is the world's top tech company in turnover (totaling $274.5 billion in 2020) and its most valuable corporation. Apple is the fourth-largest PC seller by unit sales and the fourth-largest smartphone manufacturer in the world.

Apple has revealed a slew of new products at a special launch event that has been long-awaited. On the day of the live event, Apple announced the iPad mini, Apple Watch Series 7, iPhone 13 mini, and iPhone 13, as well as the iPhone 13 Pro and iPhone 13 Pro Max.

Keep reading... Show less