Economy News

Do you know how RBI plans to dispose of the old Rs 500 and Rs 1,000 notes ?

The RBI will need to dispose of the 2,203 crore notes of Rs 500 and Rs 1,000 denominations since the government has demonetised them.

Nov 14, 2016

West Bengal Chief Minister Mamata Banerjee addresses a press conference at Nabanna in Howrah on Aug. 20, 2016.

Demonetisation: Cong-TMC to meet today as Opposition unites against Modi govt ahead of winter session

Trinamool leaders will be leading a protest march from the Parliament to the Rashtrapati Bhawan demanding the government to revoke the ban.

Nov 14, 2016

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Banks were asked to install CCTVs prior to demonetisation of currency notes

The objective was to enable banks to track those who would act as proxies for cash hoarders while depositing wads of Rs 500, Rs 1,000 notes.

Nov 14, 2016

Gold business in India plunges after demonisation of highest denominations

Demonetisation: Jewellers say steep decline in business a short-term hitch

Most of the jewellers are confident that once things streamline, the move will have a significant impact on the gold business in the long-run.

Nov 14, 2016

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Demonetisation: RBI data throws up interesting facts on Rs 500, Rs 1,000 notes

In its annual report for 2015-16, RBI provides data on the indent and supply for various denominations; Rs 2,000 figures nowhere.

Nov 14, 2016

India: After effects of demonetisation of high value currency notes

ATMs to start dispensing new Rs 2,000 notes today or tomorrow, says Economic Affairs Secretary

The withdrawal limit has been increased to Rs 2,500 in ATMs that have been recalibrated to dispense new Rs 2,000 and Rs 500 notes.

Nov 14, 2016

Rs 500 and Rs 1000 notes scrapped: Key points of PM Modi's late-night meeting with senior ministers on demonetisation

The meeting came amid public anger against the ban and limited availability of cash in banks and ATMs across India.

Nov 14, 2016

Daily currency exchange, ATM withdrawal limits increased as banks start releasing new Rs 500 notes

Banks have seen deposits of about Rs 3 lakh crore of old Rs 500 and Rs 1,000 notes since they were scrapped as legal tender.

Nov 14, 2016

Here are 19 features of the new Rs 500 currency notes the RBI has released

The notes have started reaching banks, from where it can be obtained either by currency exchange or by withdrawal.

Nov 14, 2016

Tourists caught in demonetisation mess

Indians travelling abroad and foreigners travelling to India for recreational or medical tourism were left holding a worthless paper in an alien land.

Nov 13, 2016

Evening wrap: Earthquakes strike New Zealand and Philippines, fake Rs 2,000 note surfaces, Parineeti in Golmaal 4 and more

Read about PM asking for 50 days for corruption-free India, and RBI asks people to use modes of transaction other than hard cash.

Nov 13, 2016

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Economy News

Do you know how RBI plans to dispose of the old Rs 500 and Rs 1,000 notes ?

Demonetisation: Cong-TMC to meet today as Opposition unites against Modi govt ahead of winter session

Banks were asked to install CCTVs prior to demonetisation of currency notes

Demonetisation: Jewellers say steep decline in business a short-term hitch

Demonetisation: RBI data throws up interesting facts on Rs 500, Rs 1,000 notes

ATMs to start dispensing new Rs 2,000 notes today or tomorrow, says Economic Affairs Secretary

Rs 500 and Rs 1000 notes scrapped: Key points of PM Modi's late-night meeting with senior ministers on demonetisation

Daily currency exchange, ATM withdrawal limits increased as banks start releasing new Rs 500 notes

Here are 19 features of the new Rs 500 currency notes the RBI has released

Tourists caught in demonetisation mess

Evening wrap: Earthquakes strike New Zealand and Philippines, fake Rs 2,000 note surfaces, Parineeti in Golmaal 4 and more

You bet! Demonetisation has hit dark underbelly of gambling hard

Banks get $30 billion deposit boost after ban on higher currency notes

Give me 50 days, I will give you a corruption-free India, PM Modi pleads

Rs 500 and Rs 1,000 notes scrapped: RBI urges people to use 'alternative modes of payment,' but it's not so easy

Arshad Warsi reminds netizens, 'A year ago this was our last normal week'

Dream of Sonar Bangla will be fulfilled: PM Modi at BJP's mega rally in Kolkata

Ranvir Shorey reveals taste and smell remain lost even after testing Covid negative

Kangana Ranaut: Was told I am too good an actor to be a Bollywood leading lady

Delnaaz Irani: Never said I want to be an A-list actress or Yash Raj heroine