Economy News

Remains of burnt sacks full of Rs 500 and Rs 1,000 notes found in Bareillly

Police said the notes were damaged, cut and then burned and added that they have informed the RBI about it.

Nov 9, 2016

Rs 500 and Rs 1,000 scrapped: Chidambaram differs from Rahul Gandhi; exposes rift in Congress?

The difference of opinion may not bode well for Rahul Gandhi, who was recently urged by the top party leaders to take reins of the party.

Nov 9, 2016

State Bank of India branches to remain open till 6 pm on November 10

In a communication, State Bank of India says all branches of the bank will remain open till 6 pm for withdrawing money.

Nov 9, 2016

India reacts to ban on Rs 500, Rs 1,000 notes announced by PM Modi [PHOTOS]

Long queues at cash depositing machines of banks, curious boards at shops/stores marked the day after the ban.

Nov 9, 2016

Analysts, industry experts react to ban on Rs 500, Rs 1,000 currency notes

The immediate ban on Rs 500 and Rs 1,000 currency notes announced by PM Narendra Modi took everyone by surprise.

Nov 9, 2016

Donald Trump's business interests in India

Set to become the 45th president of the US, Donald Trump's business interests in India are handled by Trump Organization.

Nov 9, 2016

PM Modi scraps Rs 500 and Rs 1,000 notes: Shopkeepers worry left holding no Rs 100 note; people shop for gold

People made small purchases and took away Rs 100 notes in the form of change from shopkeepers.

Nov 9, 2016

Banks to work longer hours, open more counters to exchange Rs 500 and Rs 1,000 notes

The new notes will be introduced for circulation from November 10.

Nov 9, 2016

Mexican peso suffers surgical strike over Donald Trump's likely win

Trends indicating at Donald Trump defeating Hillary Clinton sends Mexican currency peso to a life-time low on Tuesday.

Nov 9, 2016

Rs 500, 1,000 and 2,000 currency notes: Here are the guidelines, FAQs, updates by RBI

The Reserve Bank of India (RBI) has come up with many updates, FAQs on the ban on currency notes and the new Rs 2,000 note.

Nov 9, 2016

Rs 500 and Rs 1,000 notes scrapped: Here's everything you should know about the closure of banks and ATMs

Banks now have the onerous task of exchanging Rs 500 and Rs 1,000 notes and ensuring ATMs adhere to instructions given out by the RBI.

Nov 9, 2016

Here are 19 features of the new Rs 2,000 currency notes that the RBI is releasing soon

The Reserve Bank of India is releasing a new currency note of Rs 2,000 denomination soon.

Nov 9, 2016

Indian Rupee: INR500 and INR1,000 notes withdrawn; Social Media has a laugh

Shortly after the announcement was made on Tuesday evening, several Twitter users decided to take a troll at those hiding black money.

Nov 9, 2016

Read the full text of the speech PM Modi gave when abolishing Rs 500 and Rs 1,000 notes

In his address, Modi explained at length why this decision was taken, touching upon subjects like curbing of corruption and black money use.

Nov 8, 2016

PM Modi abolishes Rs 500 and Rs 1,000 notes from November 8 midnight; banks, ATM not open on November 9 [Image of new notes]

PM Modi has announced that people will have 50 days to exchange all these notes, as govt launches Rs 2,000 note.

Nov 8, 2016