Rs 500 and Rs 1,000 currency notes are not valid anymore.Reuters file

Here are a few stories from International Business Times India to start your day with.

1. PM Modi abolishes Rs 500 and Rs 1,000 notes from November 8 midnight; banks, ATM closed on November 9

Prime Minister Narendra Modi on Tuesday evening announced that all Rs 500 and Rs 1,000 currency notes will become illegal tender from November 8 midnight. This means, from 12:01 am of November 9, none of these notes will be accepted anywhere as legal money. Read More here.

2. LIVE US ELECTION 2016 RESULTS: Trump takes 'easy' Clinton states down to the wire

Clinton has now closed the electoral vote gap. She's up to 104, but still behind Trump who's at 129. Follow the live updates of the presidential elections here.

3. US presidential election: In case of a tie, Donald Trump is likely to be the next US president

Voting for the next United States president is on, and in a few hours we will know who the next US president is going to be. To win the presidency, either of the candidates — Hillary Clinton or Donald Trump — will have to secure a majority of the electoral votes, amounting to 270. But what will happen if there is a tie? Read more here.

4. Indian Rupee: Dalal Street backs PM Modi's initiative to abolish Rs 500, Rs 1,000 notes to target black money

Prime Minister Narendra Modi's announcement of withdrawing Rs 500 and Rs 1,000 notes from the Indian market has left the Dalal Street very excited. The Prime Minister on Tuesday announced that in an effort to combat black money, the government has taken a decision to make the said currency invalid from midnight. Read more here.

5. Here's what you can do with your Rs 500 and Rs 1,000 notes

Prime Minister Narendra Modi has announced that the Indian currency notes of Rs 500 and Rs 1,000 will not be valid anymore and will be deemed illegal from the intervening midnight (12 am) of Tuesday and Wednesday. Modi said that the notes of these values in your possession will only be "worth the paper they are printed on." Read more here.