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Economy News

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
bond yield rupee mpc repo rate cut rbi benchmark sensex trend gains falls sensex nse nifty india rbi

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 currency loser rupee us presidential elections results 2016 donald trump hillary clinton republican democratic impact borders immigration jobs mexicans

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
new notes currency rs 500 rs 2000 rs 1000 ban demonetisation scrapped pm modi rbi new notes guidelines faqs black money images

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
ATM

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
Rs 2,000 note

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
Twitter users have a good laugh about Rs 500 and Rs 1000 withdrawal

Indian Rupee: INR500 and INR1,000 notes withdrawn; Social Media has a laugh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

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
bond yield rupee mpc repo rate cut rbi benchmark sensex trend gains falls sensex nse nifty india rbi

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
air pollution

Delhi air pollution: SC seeks Centre's response in 48 hours; Assocham says it's crippling economy

As Delhi's air quality has worsened after Diwali, the court is likely to pass a detailed order after the government's response. Nov 8, 2016
kaveri bengaluru bandh bangalore construction residence flats residential colliers report q3 september quarter india real estate bbmp demolition

Cauvery protests, BBMP demolition drives hit new launches in Bengaluru during September quarter

While the protests over the Cauvery (Kaveri) water row were violent, the demolition drive against encroachments dampened sentiments. Nov 8, 2016
Pilots

DGCA says pilots who report sick, are late for flights may face harsh consequences

The airline body has slammed the DGCA's draft proposal. Nov 8, 2016
theresa may modi india visit trade bilateral brexit pound sterling decline investment ficci didar singh meetings talks discussions agreements deals lecture indian it companies tata steel tcs maruti mahindra

Britain PM Theresa May's India visit faces multiple setbacks

Narendra Modi and Tata Group make Britain PM Theresa May's maiden India visit tough. Nov 7, 2016
Sophie Turner

Evening wrap: Security tightened ahead of US elections, 2 actors drown in Karnataka and more

Also, read about the Congress top rung wanting Rahul Gandhi to take over, and Joe Jonas and Sophie Turner caught kissing. Nov 7, 2016
Delhi smog masks

Sales of air purifiers, masks surge manyfold as Delhi, NCR reel under smog

Online retailers, chemists and retail shops are either running out of air purifiers and masks or are loaded with huge orders. Nov 6, 2016
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