RBI

Demonetisation will help government earn Rs 2-3 lakh crore in taxes: Manohar Parrikar

The RBI has, meanwhile, imposed restrictions on depositing more than Rs 5000 in old currency notes.

Dec 19, 2016

Bengaluru: 2 RBI officials arrested for currency exchange fraud

The latest arrests have raised questions on the role played by the central bank officials in currency exchange process.

Dec 18, 2016

India's gold imports fall 30% till November in FY2016-17

In the first eight months (April-November) this year, gold imports into India dropped by $6.9 billion, or 30.5 percent.

Dec 16, 2016

Don't trust your bankers: Three bank employees are sacked every two days, says CVC report

Between 2011 and 2015, as many as 3,100 bank employees were fired, according to data collected by the Central Vigilance Commission.

Dec 14, 2016

After appearing as question in IIT exams, demonetisation now reaches B-schools

Popular business schools are planning to introduce projects or chapters on demonetisation to understand how the move will help curb black money.

Dec 13, 2016

Evening wrap: RBI using CCTV to monitor bank staff and customers, Wonder Woman replaced as UN ambassador and more

Read more about a man-made diamond harder than diamond, tiny Messi fan getting to meet the football player and Donald Trump.

Dec 13, 2016

Black money after demonetisation: How RBI is using CCTV footage to monitor bank staff and customers

An ever-vigilant RBI is leaving no stone unturned to ensure that money launderers are caught.

Dec 13, 2016

Paytm CEO Vijay Shekhar Sharma sells 1% stake to raise Rs 325 crore

The money would be utilised to fund Paytm's upcoming payments bank.

Dec 9, 2016

RBI issued currency notes worth Rs 4.27 lakh crore following demonetisation

The central bank also said that defunct notes worth Rs 11.85 lakh crore have been returned to the banking system.

Dec 9, 2016

30 days of demonetisation: What has been the journey so far

A recap of the major events and announcements that happened after the demonetisation announcement on November 8.

Dec 8, 2016

Now, register and skip your card's PIN at merchant locations

You can register at your bank to avoid entering details of your card for transactions up to Rs 2,000.

Dec 7, 2016

Demonetisation: Your old Rs 500 and Rs 1,000 notes could be worth a fortune

To a numismatist, the older and rarer a coin or a note, and the better condition it is in, the more valuable it is.

Dec 2, 2016

Short-term debt funds better placed post CRR move: Fund managers

After RBI's new CRR norm, fund houses have witnessed huge outflows from debt funds, especially from liquid funds, in the recent past.

Dec 1, 2016

Payday cash crunch: Banks to have more counters, ask companies to issue prepaid cash cards

It's November 30, and salaries, pensions and other payouts have to be credited for millions of people across India.

Nov 30, 2016

Fitch slashes India's December quarter outlook

Fitch has forecast GDP growth down to 6.9 percent for next month due to impact of demonetisation.

Nov 29, 2016

Indian bonds, bank shares fall as RBI temporarily hikes cash reserve ratio

The move is estimated to drain over Rs 3.24 trillion ($47.29 billion) from the banks.

Nov 28, 2016

From railways to insurance, the third gender is now official in India

The third gender is now recognised as a part of Indian society across most areas officially on application forms. The Indian railways is the latest to add this option to their reservation forms.

Nov 28, 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

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: Government panel to issue instructions to ease hardship in Nepal & Bhutan

According to Nepal's central bank, nearly Indian Rs 500 and Rs 1,000 notes worth Rs 33.6 million are in the banking channels.

Nov 23, 2016