Demonetisation

Morning brief: 50% tax penalty for unaccounted cash, India sees drop in forex reserves, Pak to take BCCI to court and more

Also read about Charleston church shooter's trial and Turkey threatening Europe for criticising President Erdogan

Nov 26, 2016

Demonetisation: 50% tax penalty for disclosing unaccounted deposit, 4-year lock-in

There will be a lock-in period of the remaining amount for four years for people who disclose their illicit cash.

Nov 26, 2016

Here's a list of 23 places where you can still use the old Rs 500 notes

The government stopped over-the-counter exchange of old currency notes of Rs 500 and Rs 1,000 effective from November 24 midnight.

Nov 25, 2016

Demonetisation woes: Wrong printing of Rs 500 notes should not worry people, says RBI

However, the latest discovery of three cases does not automatically validate or verify all the previous claims that have been doing the rounds online.

Nov 25, 2016

India, world's fastest-growing economy, sees drop in forex reserves amid demonetisation

India's foreign exchange reserves dropped $1.54 billion in the week ended November 18 as the RBI apparently intervened to check the fall in rupee.

Nov 25, 2016

Demonetisation: Nepal's apex bank cuts exchange limit of Indian rupees to Rs 2,000 from Rs 5,000

The Nepal Rastra Bank also wrote to the RBI to facilitate Nepal with the new bank notes following the note ban.

Nov 25, 2016

Evening wrap: J&K terror attack, Baywatch motion teaser, ISIS attack in France foiled, and more

Read about places where you can still exchange old Rs 500 and Rs 1,000 currency notes, and new UFO spotting.

Nov 25, 2016

Demonetisation: Paytm admits to goof-up in app, promises to rectify

Paytm recently launched point of sale (PoS) feature, which was withdrawn in view of security concerns.

Nov 25, 2016

Supreme Court's demonetisation hearing marred over accusations

On December 2, the Supreme Court will hear 12 petitions filed across seven high courts and challenging the note ban.

Nov 25, 2016

Demonetisation won't affect India's lead against China: Fitch Ratings

The perceived slowdown in Indian economy caused by demonetisation won't ensure neighbouring China taking a lead over its rival.

Nov 25, 2016

Now, NITI Aayog fast-tracks initiative to make all govt monetary benefits available online

The government has set up a committee under the NITI Aayog chief to convert all "government-citizen transactions to the digital platform."

Nov 25, 2016

Demonetisation: Economy in turmoil; PM Modi leaves for Hyderabad to address DGPs, attend yoga session

PM Narendra Modi, under attack over demonetisation, leaves for Hyderabad to address annual conference of DGPs.

Nov 25, 2016

Demonetisation: Will Rajinikanth, Shah Rukh Khan, Mahesh Babu join hands with BJP to counter negative campaign?

BJP plans to approach Rajinikanth, Shah Rukh Khan, Mahesh Babu and many other stars to record their support towards the drive.

Nov 25, 2016

Demonetisation: Unaccounted bank deposits may be taxed 60%

The government plans to introduce changes to the Income Tax Act during the winter session of parliament.

Nov 25, 2016

Demonetisation row: "Multi-pronged, calibrated approach to curb black economy," Centre tells Supreme Court

The Centre also said that the move would lead to high economic growth that would create more jobs.

Nov 25, 2016

Demonetisation: Over-the-counter exchange of notes stopped after Nov 24 midnight; relief for foreign tourists

The deadline for the payment of utilities — only water and electricity — has been extended till December 15.

Nov 24, 2016

Narendra Modi app tops iTunes, Google Play charts on demonetisation survey

PM Narendra Modi had asked the app users to respond seeking feedback on his note ban move.

Nov 24, 2016

Aakrosh Diwas: From petitions to posts, netizens vehemently oppose Bharat Bandh

Netizens across India are doing everything they can to show they are against this nationwide strike, and are willing to work on Monday.

Nov 24, 2016

Demonetisation: Media, multiplexes, films will suffer, says IDBI Capital Markets

While newspapers will get less advertisements, multiplexes are experiencing lesser footfalls, impacting films also.

Nov 24, 2016

Indian rupee falls to new low since Narendra Modi came to power; Sensex ends with losses

On Thursday, the Indian rupee hit 68.86 to the US dollar, breaching the all-time low of 68.80 reached on August 28, 2013.

Nov 24, 2016