Economy News

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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

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

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

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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

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 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

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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

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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

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

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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

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

Demonetisation: #IAmWithModi goes viral on social media; are you with PM Modi?

Do you support the PM's fight against black money? Would you spend a couple of hours at the bank for economic equality?

Nov 17, 2016

Demonetisation: Families can now withdraw up to Rs 2.5 lakh for weddings; Rs 2,000 limit on old notes' exchange

Farmers can withdraw upto Rs 25,000 per week against the crop loans sanctioned and credited to their accounts.

Nov 17, 2016

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Currency ban: 12,500 ATMs being recalibrated every day to deliver new Rs 2,000 and Rs 500 notes

Arun Jaitley has said that all necessary steps are being taken to ensure that the old notes are replaced swiftly.

Nov 17, 2016

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Economy News

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

Singapore is seeking London's FinTech talents after Brexit

Evening wrap: Kejriwal and Mamata on demonetisation, Mallika Sherawat attacked, Jio SIM home delivery and more

Arun Jaitley contradicts finmin bureaucrat Shaktikanta Das, says Rs 1,000 note not on cards

Is the govt planning to demonetise Rs 50 and Rs 100 notes too?

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

Iran overtakes Saudi Arabia as top oil supplier to India

Income tax authorities to impose 200% penalty on any "abnormal" rise in income

Demonetisation: Kejriwal, Mamata address rally in Delhi, demand rollback within 3 days

7th Pay Commission: Decision on allowances postponed due to demonetisation

SBI, ICICI Bank, HDFC Bank cut deposit rates, thanks to demonetisation

This is demonisation of cash, not demonetisation: Chidambaram

Demonetisation: #IAmWithModi goes viral on social media; are you with PM Modi?

Demonetisation: Families can now withdraw up to Rs 2.5 lakh for weddings; Rs 2,000 limit on old notes' exchange

Currency ban: 12,500 ATMs being recalibrated every day to deliver new Rs 2,000 and Rs 500 notes

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react