Ten days after demonetisation of Rs 500 and Rs 1,000 notes was announced, the Income Tax department has started cracking the whip on people depositing huge amount of cash using scrapped notes.
TMC supremo and West Bengal Chief Minister Mamata Banerjee today once again threatened a protest movement from Monday if the demonetisation decision was not withdrawn within the three-day deadline.
Maharashtra Navnirman Sena President Raj Thackeray today launched a blistering attack on Prime Minister Narendra Modi for the November 8 decision to scrap Rs 500 and Rs 1,000 notes.
Union Home Minister Rajnath Singh today once again lauded Prime Minister Narendra Modi’s demonetisation policy saying the ‘action will bring probity in political and administrative works besides reducing the gap between rich and poor’.
Many banks have now started witnessing shorter queues following some restrictions on exchange of scrapped Rs 500 and Rs 1,000 notes, but people were still seen waiting in frustration at ATMs due to cash scarcity.
Amid countrywide chaos and opposition parties protesting over central government’s demonetisation move, school kids in Uttar Pradesh’s Hardoi district have come forward to help the banks facing problems due to non availability of enough small denomin
The Congress party has held Prime Minister Narendra Modi responsible for the death of 55 people due to demonetisation and asked him to apologise to their families and the country.
Ten days after the government withdrew Rs 500 and Rs 1,000 notes, Finance Minister Arun Jaitley on Friday said that replacing 86 per cent of the currency in circulation with new bank notes could not have been executed in a better way than currently b
Prime Minister Narendra Modi today called on President Pranab Mukherjee and apprised him of the situation triggered by the decision to scrap Rs 500 and Rs 1,000 notes.
Banks will only exchange the Rs 500 and Rs 1,000 notes for their own customers and senior citizens on Saturday, Indian Banks' Association (IBA) said here on Friday.
Bollywood actress Amrita Rao today strongly backed Prime Minister Narendra Modi’s decision to demonetise Rs 500 and Rs 1,000 notes, saying he has once again ‘proved that he is the man of guts’.
As the opposition parties united in Parliament to corner the government over demonetisation, Prime Minister Narendra Modi today asked BJP MPs to extensively publicise the benefits of the ‘historic’ exercise and steps taken for mitigation of their pro
Important stories of the day
India’s epicentre of financial activity Mumbai has been badly hit by the government’s decision to demonetise Rs 500 and Rs 1,000 notes. Even after 10 days, several businesses in the city have failed to gain its ‘lost’ charm and run smoothly.
The high-security Parliament House complex has also been affected by the ongoing demonetisation drive of central government. On Thursday, the second day of the Winter Session, ATMs went dry at Parliament House, causing intense disappointment
A functional ATM machine dispensing cash may be India’s most elusive gem for now but your struggle -- to find a working ATM and then join a long queue to withdraw money – could also
The government’s decision to demonetise high-value currency notes will take its toll on the microfinance industry and could lead to losses in the range of Rs 1,500 crore to Rs 1,700 crore, Chandrashekhar Ghosh, CEO of Bandhan Bank, has said
While the revolutionary ‘demonetisation’ move by the government has left people throughout the nation struggling for cash, it is also proving to be a money spinner for the second-hand car market in Delhi.
While the common man is struggling with cash crunch following the government’s revolutionary demonetisation move, some unscrupulous elements are busy finding bizarre methods to convert their black money into ‘legal tenders’.
Flooded with queries and clarification by foreign missions in New Delhi, Indian expatriates, money changers abroad as well as foreigners travelling to India over the demonetisation drive, the government has formed an inter-ministerial committee to
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