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Demonetisation

demonetisation rupee china yuan chinese global times gamble modi xi jinping president chinese currency growth bilateral trade relations

What if China does a Modi, demonetises 50, 100-yuan notes?

In an editorial, the Global Times analyses PM Narendra Modi's demonetisation decision and wonders what if China had done it. Nov 26, 2016

BJP MP Subramanian Swamy speaks at Foreign Correspondents' Club, Hong Kong {VIDEO}

In this video, BJP MP Subramanian Swamy can be seen speaking about Indian politics, corruption and black money. Nov 26, 2016
PM Modi's surgical strike on black money welcomed: See what the major companies are saying

Morning brief: 50% tax penalty for unaccounted cash, India sees drop in forex reserves, Pak to take BCCI to court and more

Also read about Charleston church shooter's trial and Turkey threatening Europe for criticising President Erdogan Nov 26, 2016
Indian currency notes

Demonetisation: 50% tax penalty for disclosing unaccounted deposit, 4-year lock-in

There will be a lock-in period of the remaining amount for four years for people who disclose their illicit cash. Nov 26, 2016
Rs-500 and Rs 1000 Notes ban in India

Here's a list of 23 places where you can still use the old Rs 500 notes

The government stopped over-the-counter exchange of old currency notes of Rs 500 and Rs 1,000 effective from November 24 midnight. Nov 25, 2016
Misprinted Currency

Demonetisation woes: Wrong printing of Rs 500 notes should not worry people, says RBI

However, the latest discovery of three cases does not automatically validate or verify all the previous claims that have been doing the rounds online. Nov 25, 2016
india, forex reserves, rbi, fcnr deposits, rupee, us dollar, demonetisation, global uncertainty

India, world's fastest-growing economy, sees drop in forex reserves amid demonetisation

India's foreign exchange reserves dropped $1.54 billion in the week ended November 18 as the RBI apparently intervened to check the fall in rupee. Nov 25, 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

Demonetisation: Nepal's apex bank cuts exchange limit of Indian rupees to Rs 2,000 from Rs 5,000

The Nepal Rastra Bank also wrote to the RBI to facilitate Nepal with the new bank notes following the note ban. Nov 25, 2016
Priyanka Chopra

Evening wrap: J&K terror attack, Baywatch motion teaser, ISIS attack in France foiled, and more

Read about places where you can still exchange old Rs 500 and Rs 1,000 currency notes, and new UFO spotting. Nov 25, 2016
ATM card

Demonetisation: Paytm admits to goof-up in app, promises to rectify

Paytm recently launched point of sale (PoS) feature, which was withdrawn in view of security concerns. Nov 25, 2016
Supreme Court

Supreme Court's demonetisation hearing marred over accusations

On December 2, the Supreme Court will hear 12 petitions filed across seven high courts and challenging the note ban. Nov 25, 2016
demonetisation narendra modi india china growth gdp economy rivals estimate forecast fitch Chinese President Xi Jinping slowdown blues

Demonetisation won't affect India's lead against China: Fitch Ratings

The perceived slowdown in Indian economy caused by demonetisation won't ensure neighbouring China taking a lead over its rival. Nov 25, 2016
Rupee

Now, NITI Aayog fast-tracks initiative to make all govt monetary benefits available online

The government has set up a committee under the NITI Aayog chief to convert all "government-citizen transactions to the digital platform." Nov 25, 2016
demonetisation pm narendra modi yoga dgp conference hyderabad sensex rupee fall affidavit supreme court petition case crime loot robbery cash banks atm queue arun jaitley us fed interest rate hike bjp congress dgp jdu nda upa

Demonetisation: Economy in turmoil; PM Modi leaves for Hyderabad to address DGPs, attend yoga session

PM Narendra Modi, under attack over demonetisation, leaves for Hyderabad to address annual conference of DGPs. Nov 25, 2016
Will Rajinikanth, Shah Rukh Khan, Mahesh Babu join hands with BJP?

Demonetisation: Will Rajinikanth, Shah Rukh Khan, Mahesh Babu join hands with BJP to counter negative campaign?

BJP plans to approach Rajinikanth, Shah Rukh Khan, Mahesh Babu and many other stars to record their support towards the drive. Nov 25, 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

Demonetisation: Unaccounted bank deposits may be taxed 60%

The government plans to introduce changes to the Income Tax Act during the winter session of parliament. Nov 25, 2016
rupee vs dollar us india american us fed interest rate hike raise reserve elections donald trump modi govt all time low 2013 bjp nda arun jaitley

Demonetisation row: "Multi-pronged, calibrated approach to curb black economy," Centre tells Supreme Court

The Centre also said that the move would lead to high economic growth that would create more jobs. Nov 25, 2016
Currency ban

Demonetisation: Over-the-counter exchange of notes stopped after Nov 24 midnight; relief for foreign tourists

The deadline for the payment of utilities — only water and electricity — has been extended till December 15. Nov 24, 2016
Modi app

Narendra Modi app tops iTunes, Google Play charts on demonetisation survey

PM Narendra Modi had asked the app users to respond seeking feedback on his note ban move. Nov 24, 2016
Bharat Bandh

Aakrosh Diwas: From petitions to posts, netizens vehemently oppose Bharat Bandh

Netizens across India are doing everything they can to show they are against this nationwide strike, and are willing to work on Monday. Nov 24, 2016
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