Economy News

Morning brief: Pak's new Army Chief, Hamilton takes pole position, Trump pursued Princess Diana and more

Also read about RBI's instruction to banks on demonetisation and Samsung Galaxy S8's big promise.

Nov 27, 2016

Demonetisation: RBI directs banks to maintain incremental CRR of 100% on increase in deposits

The RBI directive comes as a temporary measure to absorb excess liquidity caused by demonetised-induced surge in bank deposits.

Nov 26, 2016

BJP MP Subramanian Swamy speaks at Foreign Correspondents' Club, Hong Kong {VIDEO}

In this video, BJP MP Subramanian Swamy can be seen speaking about Indian politics, corruption and black money.

Nov 26, 2016

Cuba at a glance [PHOTOS]

Cuba is a hotspot for foreign tourists, especially Americans. Here are some insights into the Cuban economy.

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

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: Here is a list of RBI offices you can visit to exchange your old Rs 500, Rs 1,000 notes in metro cities

The government stopped over-the-counter exchange of old notes at banks and post offices from November 25.

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

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

Evening wrap: Rupee hits record low, 6 more held over Baahubali clip leak, Madonna stands by son, and more

Read about a possible recount following the US Presidential Election, and six students arrested for circulating leaked Baahubali 2 video.

Nov 24, 2016

UK needs to borrow 122 billion pounds more to ride out Brexit by 2021

Britain's office of budget responsibility said the extra borrowings will cover direct and indirect costs of Brexit.

Nov 24, 2016