Demonetisation

Box office collection: Demonetisation takes a toll on earnings of Mukunda Murari, Santhu Straight Forward

Collections of Mukunda Murari and Santhu Straight Forward were affected as people preferred to have cash on hand until currency shortage improves.

Nov 14, 2016

Railways allows use of Rs 500 and Rs 1,000 notes till November 24 for ticketing, onboard catering

The older currency notes will continue to be used for the purchase of tickets, payment for onboard catering and for refunds.

Nov 14, 2016

Do you know how RBI plans to dispose of the old Rs 500 and Rs 1,000 notes ?

The RBI will need to dispose of the 2,203 crore notes of Rs 500 and Rs 1,000 denominations since the government has demonetised them.

Nov 14, 2016

Demonetisation gets musical: Nisha Upadhyay releases Bhojpuri song on 1,000 rupee note ban

Singer Nisha Upadhyay released a new Bhojpuri song titled "Lagal Dilwa Pe Chot Band Bhail Hajariya Note".

Nov 14, 2016

Banks were asked to install CCTVs prior to demonetisation of currency notes

The objective was to enable banks to track those who would act as proxies for cash hoarders while depositing wads of Rs 500, Rs 1,000 notes.

Nov 14, 2016

Demonetisation: RBI data throws up interesting facts on Rs 500, Rs 1,000 notes

In its annual report for 2015-16, RBI provides data on the indent and supply for various denominations; Rs 2,000 figures nowhere.

Nov 14, 2016

Demonetisation: India domestic cricketers hit hard with no valid currency in hand

If well-known cricketers stand in queues outside banks and ATMs, it might lead to security problems.

Nov 14, 2016

Demonetisation: Temples getting richer, thanks to Modi govt banning Rs 500, Rs 1,000 currency notes

People are donating old Rs 500 and 1,000 notes to temple hundis as India takes demonetisation route to fight black money.

Nov 14, 2016

ATMs to start dispensing new Rs 2,000 notes today or tomorrow, says Economic Affairs Secretary

The withdrawal limit has been increased to Rs 2,500 in ATMs that have been recalibrated to dispense new Rs 2,000 and Rs 500 notes.

Nov 14, 2016

Rs 500 and Rs 1000 notes scrapped: Key points of PM Modi's late-night meeting with senior ministers on demonetisation

The meeting came amid public anger against the ban and limited availability of cash in banks and ATMs across India.

Nov 14, 2016

Morning brief: Modi promises corruption-free India, Apple iPhone 8 leak, Ind vs Eng Test match and more

Also read about Trump's decision to send back 3 million immigrants from US and musician Leon Russell's death.

Nov 14, 2016

Daily currency exchange, ATM withdrawal limits increased as banks start releasing new Rs 500 notes

Banks have seen deposits of about Rs 3 lakh crore of old Rs 500 and Rs 1,000 notes since they were scrapped as legal tender.

Nov 14, 2016

Tourists caught in demonetisation mess

Indians travelling abroad and foreigners travelling to India for recreational or medical tourism were left holding a worthless paper in an alien land.

Nov 13, 2016

Demonetisation effect in Delhi: Angry girl goes topless after standing in ATM queue for hours

Failing to withdraw money, a lady in Delhi removed her top to show her resentment against Narendra Modi's demonetisation scheme.

Nov 13, 2016

Evening wrap: Earthquakes strike New Zealand and Philippines, fake Rs 2,000 note surfaces, Parineeti in Golmaal 4 and more

Read about PM asking for 50 days for corruption-free India, and RBI asks people to use modes of transaction other than hard cash.

Nov 13, 2016

You bet! Demonetisation has hit dark underbelly of gambling hard

Those dealing in legal – like casinos and horse racing – as well as illegal gambling – like cricket and matka betting – are now at odds.

Nov 13, 2016

Banks get $30 billion deposit boost after ban on higher currency notes

State-owned lender State Bank of India alone received deposits worth Rs 48,000 crore.

Nov 13, 2016

Kerala trade body calls for indefinite strike against demonetisation

Shops, commercial establishments in Kerala will down their shutters from Tuesday to protest against the demonetisation scheme.

Nov 13, 2016

Narendra Modi warns more measures may come up to curb black money

After currency ban, Modi said there could more steps taken to curb black money circulation post December-end deadline.

Nov 13, 2016

Rock On 2 opening day box office collection: Arjun Rampal reveals what affected the business of the film

Farhan Akhtar and Shraddha Kapoor-starrer Rock On 2 minted Rs 2.02 crore on its opening day at the box office.

Nov 12, 2016