India economy

RBI Confirms 98.37% of ₹2000 Notes Returned to Banks; ₹5,817 Crore Still in Circulation

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RBI Confirms 98.37% of ₹2000 Notes Returned; Only ₹5,817 Crore Remains in Circulation

The Reserve Bank of India (RBI) has announced that 98.37% of all ₹2000 banknotes have been returned to the banking system, marking the near completion of their withdrawal process. According to the RBI’s latest data, released on October 31, 2025, only ₹5,817 crore worth of ₹2000 notes remain in circulation — a significant decline from … Read more

Rich Get Richer: Just 1,687 Indians Now Own Half of the Country’s Wealth

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Rich Get Richer: A new report reveals a startling concentration of wealth in India — just 1,687 individuals now control wealth equivalent to nearly half of the country’s total GDP. According to the Hurun India Rich List 2025, these ultra-wealthy Indians, each worth over ₹1,000 crore, collectively own around ₹167 lakh crore, signaling one of … Read more