Demonetisation

Demonetisation: Banks to serve only their own customers on Nov. 19

The Indian Banks' Association chief said that senior citizens can, however, exchange their money at any branch.

Nov 19, 2016

Morning brief: Banks to exchange notes for senior citizens today, rupee hits new low, Volkswagon to lay off 30,000 employees and more

Also read about Ghulam Nabi Azad's refusal to apologise for Uri remark and NGT's order to builders to not deny wages to labourers.

Nov 19, 2016

Demonetisation: Banks to exchange old notes for only senior citizens on Saturday

Banks across the country will remain closed on Sunday.

Nov 18, 2016

Demonetisation row: Unique tales of turmoil from northeast states like Assam, Manipur and Mizoram

From newspapers being forced to shut to the spike in the use of Bhutanese currency and also use of 'I owe You' chits, northeast regions are uniquely affected.

Nov 18, 2016

Anna Hazare lauds Centre's move to demonetise currency notes of Rs 500, Rs 1,000

"This revolutionary step will curb black money, corruption and terrorism (funding) to a large extent," Hazare said.

Nov 18, 2016

Demonetisation decision by PM Modi 'worst mistake of his career': The Economist

PM Narendra Modi's move to demonetise high-value currencies evokes different views from the Economist and the Financial Times.

Nov 18, 2016

Demonetisation: Election Commission asks Finance Ministry not to use indelible ink in banks

The Centre has taken this decision to ensure that black money hoarders do not use other people to get their currency notes exchanged or deposited.

Nov 18, 2016

Evening wrap: Kejriwal and Mamata on demonetisation, Mallika Sherawat attacked, Jio SIM home delivery and more

Read about Twitter suspending account of White supremacists, and Isis losing key supply line in Iraq.

Nov 17, 2016

Arun Jaitley contradicts finmin bureaucrat Shaktikanta Das, says Rs 1,000 note not on cards

Last Thursday, senior bureaucrat Shaktikanta Das had said new Rs 1,000 note with enhanced security features will be brought soon.

Nov 17, 2016

Is the govt planning to demonetise Rs 50 and Rs 100 notes too?

Jaitley also said that around 22,500 ATMs were being recalibrated on Thursday to be able to dispense new currency notes.

Nov 17, 2016

Income tax authorities to impose 200% penalty on any "abnormal" rise in income

The government will review any high-value cash deposits and match them with the income tax return filed by the person and scrutinize in case of any mismatch.

Nov 17, 2016

Demonetisation: Kejriwal, Mamata address rally in Delhi, demand rollback within 3 days

"If you have courage, send us to jail or shoot us. But we will continue fighting," Mamata Banerjee said.

Nov 17, 2016

7th Pay Commission: Decision on allowances postponed due to demonetisation

A decision on raising allowances as proposed by the 7th Central Pay Commission is reportedly on hold due to the demonetisation crisis.

Nov 17, 2016

Demonetisation: 2 persons held in Gujarat in bribery case involving new currency notes

The Anti-Corruption Bureau on Wednesday arrested two port trust officials for accepting bribe paid in new currency notes.

Nov 17, 2016

Force 2, Tum Bin 2 box office prediction: Demonetisation may affect collection of both films

Force 2 and Tum Bin 2 are set to have a box office clash, but the issue of demonetisation may turn the clash tougher.

Nov 17, 2016

SBI, ICICI Bank, HDFC Bank cut deposit rates, thanks to demonetisation

HDFC Bank, ICICI Bank slash interest rates on deposits as cash surge after demonetisation swells their CASA ratio.

Nov 17, 2016

Karnataka Bank rights issue closes on November 21

Private sector lender Karnataka Bank's rights issue in 1:2 ratio comprises offer of up to 9.42 crore equity shares.

Nov 17, 2016

This is demonisation of cash, not demonetisation: Chidambaram

No big economy has taken up demonetisation in last 50 years, the former finance minister said in a media interview.

Nov 17, 2016

Demonetisation: Families can now withdraw up to Rs 2.5 lakh for weddings; Rs 2,000 limit on old notes' exchange

Farmers can withdraw upto Rs 25,000 per week against the crop loans sanctioned and credited to their accounts.

Nov 17, 2016

Morning brief: Opposition on demonetisation, Zuckerberg's Twitter account hacked, Ricky Martin gets engaged and more

Also read about the ATP World Tour Finals and chikungunya and Zika virus.

Nov 17, 2016