Economy News

RBI to issue new Rs 50, Rs 20 notes; old notes continue to be valid

The design and security features of these banknotes will be similar to those of old notes in circulation.

Dec 4, 2016

Evening wrap: Demonetisation unearths fake notes, latest Bigg Boss 10 exits, world's first openly transgender model, and more

Read about a plane crashing into the ocean near Indonesia, and amicus curiae raising questions on prosecution evidence in Nirbhaya rape case.

Dec 3, 2016

LIC sells its costliest policy of Rs 50 crore to Mumbai businessman

The annuity plan 'Jeevan Akshay' bought by this businessman has seen a lot of interest from buyers owing to demonetisation.

Dec 3, 2016

Demonetisation: Govt detects huge number of fake notes during exchange

Within days of the facility to exchange banned Rs 500 and Rs 1,000 notes, a large number of fake notes were tried to be sneaked in.

Dec 3, 2016

Deals galore at 'Make in Odisha' conclave; skeptics cast doubt over implementation

Despite the high level of interest from metal manufacturing companies, actual grounding of projects remain low in the state.

Dec 3, 2016

Demonetisation: Crackdown against Govt officials to intensify, warns finmin bureaucrat

Economic affairs secretary Shaktikanta Das says government is pursuing all leads to act against post-demonetisation corruption.

Dec 3, 2016

Demonetisation exposes the rot in Indian bureaucracy, banking system

Axis Bank and State Bank of Mysore officials have been accused of fraudulent practices since demonetisation decision.

Dec 3, 2016

Textile industry faces tough time as demand dips: ICRA

Demonetisation has hit the unorganised segment of the textile industry the most as bulk of transactions are done in cash.

Dec 3, 2016

Rail passengers react to ticket price hike on Twitter

The Railway Delivery Group, which represents Network Rail and train operators, have announced that ticket prices across the UK will increase by an average of 2.3% from January 2017.

Dec 2, 2016

Evening wrap: SC raps govt on note ban, Tirupati temple to go cashless, Miss World 2016 live coverage, and more

Read about Brazil crash airline's licence suspended, and Tata passenger vehicle sales grow.

Dec 2, 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

#TataVsMistry being fought by paid drones on Twitter?

Marketing executives are convinced that several of the tweets indicate that they are being paid for by vested interests.

Dec 2, 2016

Demonetisation move: SC asks Centre for steps to ease suffering of people in rural areas

The apex court has also advised political parties to categorise petitions to be referred to high courts to streamline the hearing.

Dec 2, 2016

RBI seen cutting rates as demonetisation rattles economy: Poll

According to a Reuters poll, two-thirds of the respondents expected the RBI's Monetary Policy Committee to cut the repo rate on December 7.

Dec 2, 2016

TCS to help world's richest temple in Tirupati go cashless

TCS expertise will help the temple trust adopt e-transactions to provide enhanced services for the visiting pilgrims.

Dec 2, 2016