The government’s move to demonetize high-value currency is probably going to affect India’s growth in the short term as well as the informal sector like retail trade, hotels, restaurants and transportation, and the unorganised sector,
Cash and jewellery worth Rs 130 crore have been seized and Rs 2,000 crore of undisclosed wealth has been admitted by taxpayers after demonetisation.
Troubles for the tragedy-hit family of Munnelal Sharma, who succumbed to cancer yesterday morning, multiplied when they were left with no cash for his cremation. They then approached a branch of Bank of India in
Law enforcement agencies which possess a huge cache of old Rs 1,000 and Rs 500 notes, seized over the years as case property, have said that demonetisation will have no impact on them.
A 45-year-old farmer in Raigarh district of Chhattisgarh allegedly committed suicide as he was apparently upset over not being able to get his high-denomination notes exchanged for fresh ones.
Karachi:Pakistan’s anti-graft body has arrested Balochistan’s finance secretary and recovered gold and currency worth Rs 730 million (Rs 46 crore in INR) from his house in Quetta, the provincial capital. The huge amount of money
New Delhi: Furnishing PAN will be mandatory from Friday for cash transactions such as hotel or foreign travel bills exceeding Rs 50,000 - a move aimed at curbing the black money menace.Besides, PAN will be
Mumbai: People who turned up at Gateway of India to enjoy scenery and cool breeze on Tuesday got more than what they hoped for when hundreds of currency notes of Rs 1,000 washed up ashore.The
Lahore: Indian bhangra singer Sukhbir Singh was reportedly detained at the Allama Iqbal International Airport in Lahore on Sunday after he was told by Pakistani airport authorities that he could not carry more than the
It may sound like a aggressive idea if we aim to double the size of our nest egg in the next 5-10 years of time period. However, it is still possible without taking any unnecessary
Mumbai: The rupee rose by six paise at 62.91 against the US dollar in early trade today at the Interbank Foreign Exchange market on fresh selling of the American currency by exporters.Forex dealers said a
New Delhi: A special anti-money laundering court here has ordered freezing of Rs 2.5 crore cash lying in a bank account of a real estate firm in connection with the 2012 alleged gold export scam
New Delhi: Cash-strapped national carrier Air India is all set to rent out its excess property across the country and encourage in-flight advertising to augment revenues.“Under our new financial plan, we have decided to rent
New Delhi: Choppers and fixed-wing charter aircraft are churning out serious cash for their owners these days, thanks to political parties which are using these to traverse the length and breadth of India.So frequently are
Rajnandgaon: In a major haul, a whopping Rs 29 lakh were seized from a Maoist dump in Chhattisgarh's Rajnandgaon district, police said today. Besides, ammunition and electronic gadgets were also recovered from two separate Naxal
Bangalore: The Bruhat Bengaluru Mahanagara Palike (BBMP) has decided not to accept property tax payments in the form of cheques. The decision came in view of several cheque bounce cases where the civic agency had
New Delhi: In a sensational disclosure, former MP Pappu Yadav has alleged that members of parliament (MPs) were bought not only by Manmohan Singh and Narasimha Rao governments but by NDA government as well. According to
Panaji, Aug 8: Brazil and Portugal are unlikely to send their football teams to the Lusofonia Games beginning November 2 in Goa even as some of the participating nations have expressed their reservations on the
Patna, Jul 19: The police yesterday raided the premises of two state government officials here and recovered properties worth over Rs 3.45 crore which were disproportionate to their known sources of income.Additional Director General of
Patna, Jun 28: The Economic Offence wing of Bihar Police today conducted raids on premises of two officers and discovered cash and properties worth over Rs 5 crore from them disproportionate to their known sources
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