Economy News

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

You bet! Demonetisation has hit dark underbelly of gambling hard

Those dealing in legal – like casinos and horse racing – as well as illegal gambling – like cricket and matka betting – are now at odds.

Nov 13, 2016

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

State-owned lender State Bank of India alone received deposits worth Rs 48,000 crore.

Nov 13, 2016

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

Talking about the initiatives against the black money menace, the prime minister said after the cleanliness, not even a mosquito can fly.

Nov 13, 2016

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

The common man has had a tough time, because Rs 500 and Rs 1,000 currency notes form a huge chunk of the liquid cash in the market.

Nov 13, 2016

Kerala trade body calls for indefinite strike against demonetisation

Shops, commercial establishments in Kerala will down their shutters from Tuesday to protest against the demonetisation scheme.

Nov 13, 2016

Narendra Modi warns more measures may come up to curb black money

After currency ban, Modi said there could more steps taken to curb black money circulation post December-end deadline.

Nov 13, 2016

Evening wrap: Jayalalithaa fit to be discharged, Akhilesh allays salt fears, TV actress Sabarna Anand commits suicide and more

Read about Finance Minister Arun Jaitley's comments on demonetisation, and blast killing 4 at US Army base in Afghanistan.

Nov 12, 2016

How to identify fake Rs 2,000 currency notes from real ones

Do not be fooled.

Nov 12, 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

RBI issues revised FAQs on Rs 500, 1,000 currency notes

In its latest set of frequently asked questions (FAQs), the RBI specifies outlets where the old notes can be used by people.

Nov 12, 2016

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Economy News

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

Kerala trade body calls for indefinite strike against demonetisation

Narendra Modi warns more measures may come up to curb black money

Evening wrap: Jayalalithaa fit to be discharged, Akhilesh allays salt fears, TV actress Sabarna Anand commits suicide and more

How to identify fake Rs 2,000 currency notes from real ones

RBI issues revised FAQs on Rs 500, 1,000 currency notes

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