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Economy News

PM Modi's surgical strike on black money welcomed: See what the major companies are saying

Rs 500, Rs 1000 currency notes banned: Major fintech companies show support

Here are the responses from major tech companies following the scrapping of Rs 500 and Rs 1,000. Nov 10, 2016
Queue

Rs 500 and Rs 1,000 notes scrapped: Restless people queue up in droves as banks open

While most people waited patiently, some got restless and made the task of bank officials a little more difficult. Nov 10, 2016
De-monetisation of currency

Certain features of (old) Rs 500, Rs 1,000 notes had been compromised: Report

"The supplier of raw currency, the ink and the silver thread is same for India and Pakistan," a security officials tells a newspaper. Nov 10, 2016
Rs 2000

UPDATES: 'Rs 500 and 1000 notes may have an impact on elections,' says Defence Minister Manohar Parrikar

A PIL has been filed in the High Court of Judicature in Hyderabad challenging the government's decision to demonetise Rs 500 and 1,000 notes. Nov 10, 2016
new notes currency rs 500 rs 2000 rs 1000 ban demonetisation scrapped pm modi rbi new notes guidelines faqs black money images

New Rs 500 and Rs 1,000 notes to have special features: Economic Affairs Secretary Shaktikanta Das

"In the next few months, Rs 1,000 notes will be brought in with a new dimension and design," Das said. Nov 10, 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

Rs 500, Rs 1,000 currency notes scrapped: 2 dead; PIL filed in SC to quash ban

While it was certain on Tuesday that the common man would face hardship, people did not anticipate that it would also cost lives. Nov 10, 2016
PM Modi's surgical strike on black money welcomed: See what the major companies are saying

Rs 500 and Rs 1,000 notes scrapped: Banks open today, will work through the weekend

The RBI has ordered banks to not only work on Saturday and Sunday but also ensure that they give priority to exchanging currency notes. Nov 10, 2016
Rs 500 and Rs 1,000 notes banned

Deposits above Rs. 2.5 lakh to be taxed, penalised in case of income mismatch

If you're buying jewelry in cash you will have to give your pancard details. Nov 10, 2016
ban rs 500 note rs 1000 rbi modi pm announcement surprise replacement black money sit stock markets us elections

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
Rahul Gandhi and P Chidambaram

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
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 state bank of indi atm

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
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

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
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

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
us elections donald trump hillary clinton elections america presidential politics india win impact policies trade 45th president republican democratic victory modi what it means

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
Shopkeeper

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
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