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Economy News

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    Delhi assembly poll 2015

    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
    Reuven Rivlin, Israeli President

    President Reuven Rivlin's visit: Israel wants FTA with India to increase bilateral trade

    On his first visit to India, Israeli President Reuven Rivlin visited PM Narendra Modi and president Pranab Mukherjee. Nov 18, 2016
    Prank app removed from Play Store

    Demonetisation: Now, you can get Rs 2,000 cash at 2,500 petrol pumps with SBI tie-up

    Up to Rs 2,000 per person per day can be dispensed against swiping of debit card at select petrol pumps. Nov 18, 2016
    ban on currency rs 500 1,000 1000 note modi rbi demonetization domestic cricketer black money scrapped new notes hdfc bank long queues 2000 new 500 coins legal tender rbi sit narendra sbi state bank of indi atm

    Demonetisation row: New notes will take six months to recirculate into economy, not fifty days, says eminent economist

    The reason is due to the limited capacity of the printing presses in the country for such a sudden, huge job. Nov 17, 2016
    FinTech

    Singapore is seeking London's FinTech talents after Brexit

    The city-state aims to become a leading FinTech hub and is developing talent and building a dedicated research centre to that end. Nov 17, 2016
    Kim Kardashian and Mallika Sherawat

    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 shaktikanta das economic affairs secretary finance ministry india demonetisation cashless economy uri attack modi surgical strike black money

    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
    Mumbai girl says how she was cheated by an auto driver by giving Children Bank of India's Rs. 100 note.

    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
    Fortis

    Medical tourism in India to grow at 20-25% over next 5 years: Nomura

    Rising internationally accredited healthcare facilities and lower costs are boosting medical tourism in India, Nomura said in a report. Nov 17, 2016
    Iran Oil

    Iran overtakes Saudi Arabia as top oil supplier to India

    India's oil imports from Iran have shot up this year after those sanctions were lifted in January. Nov 17, 2016
    demonetisation demonetization currency rbi rs 500 rs 1000 note currency pm modi arun jaitley trends rs 2000

    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
    pay commission 7th cpc allowances hike committee arun jaitley demonetisation opposition parties march parliament winter session protests slam decision modi govt cash black money finance secretary ministry

    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
    pay commission 7th cpc allowances hike committee arun jaitley demonetisation opposition parties march parliament winter session protests slam decision modi govt cash black money finance secretary ministry

    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
    ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra

    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
    chidambaram

    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
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