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Economy News

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Indian Rupee: INR500 and INR1,000 notes withdrawn; Social Media has a laugh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
Reserve Bank of India

RBI may cut interest rate again during December policy review: HSBC

The foreign brokerage is not expecting any further rate cuts after December. Nov 6, 2016
Donald Trump

Donald Trump says he will tax US corporations exorbitantly if they lay off and outsource work

Trump also said trade agreements like NAFTA and Trans-Pacific Partnership are no good to the US and will be renegotiated to benefit Americans. Nov 6, 2016
Theresa May

British media spooked by India's demand that country ease visa laws

British PM May had, as Home Secretary, tightened visa norms, making it quite difficult for Indian students and tourists to go there. Nov 6, 2016
stocks in focus bse nse wipro itc airtel idea icici bank axis bank hdfc bank sbi pnb essar loan deal rosneft loan repayment debt exposure q2 results dividend sensex nifty rupee deal

Top 7 Sensex companies lost Rs 56,380 crore in market cap on unfavourable global cues

Reliance Industries led the crack in market capitalisation by Rs 15, 470 crore, while TCS lost Rs 13,625 crore. Nov 6, 2016
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