After releasing new Rs 500 and Rs 2000 currency notes, the Reserve Bank of India (RBI) will shortly issue new Rs 50 and Rs 20 denomination banknotes in the Mahatma Gandhi Series-2005. "The design and
The government’s push towards a cashless society and curtailing the use of physical currency in the country could hit ATM businesses in India. Experts believe ATM players may find their business in a flux in
American Nobel laureate and economist Paul Krugman on Friday described India's recent demonetisation move as being "unusual".
The income tax department has decided to impose charges under the newly enforced Benami Transactions Act against people depositing their unaccounted old currency in someone else's bank account. The act carries a penalty, prosecution and
Several banks in different parts of the country are disbursing Rs 100 notes after spraying perfume and insecticides as they have been receiving soiled notes that were suppose to be dumped after being taken out
In wake of growing grievances of a few hospitals in the national capital not accepting cheques in payment, the Arvind Kejriwal-led Delhi government has issued strict guidelines to all private hospitals to acknowledge cheques, request
The government today put an and end to rumours doing the rounds about demonetisation of Rs 500 and 1000 notes, saying there is no such intention to scrap such notes. In a series of tweets,
Banks will be closed today on occasion of Gurupurab in Northern India including key cities like Delhi and Mumbai.
Amid growing debates over government's decision to scrap ₹500 and ₹1000 notes, a newborn in Govandi, Mumbai allegedly died after a doctor refused to treat him as the parents could only pay the required amount
After Prime Minister Narendra Modi ordered the withdrawal of 500 and 1,000 rupee notes from the flow, the Pakistani opposition party lawmaker has asked in the Senate to pull back 1,000 and 5,000 rupee notes
A 73-year-old man died while standing in a queue to exchange Rs 500 and Rs 1,000 denominations in suburban Mulund this afternoon, police said. Vishwanath Vartak, a senior citizen, was standing in a queue outside
Soon after Prime Minister Narendra Modi announced scrapping of Rs 500 and Rs 1000 notes, more than 3 lakh Twitter users stopped following him. According to data available through the analytical service Twitter Counter, PM
Afghanistan on Thursday welcomed and supported Prime Minister Narendra Modi’s decision to demonetise Rs 500 and Rs 1,000 notes, saying the move will benefit the region. Afghan Ambassador to India Shaida Abdali said the move
The minister, who did not wish to be named, said officials have apprised the state government that there has been a surge in donations to temples immediately after the announcement.
In a bizarre incident, two robbers on a bike allegedly snatched Rs 1,500 from a labourer in Greater Noida on Tuesday night but were miffed when they found that the notes were in denominations of Rs 500.
Railway passengers on Wednesday faced a harrowing time at the ticket counters of New Delhi Railway Station as the demonetization of Rs 500 and Rs 1,000 currency notes left most counters without any change and many passengers were denied tickets.
The government has warned that cash deposits above Rs. 2.5 lakh threshold under the 50-day window could attract tax plus a 200 per cent penalty if there is an income mismatch.
Congress on Wednesday sought to pick holes in the Modi government’s decision to demonetise Rs 500 and Rs 1000 currency notes.
Robert Vadra today questioned motive behind Narendra Modi government’s decision to demonetise Rs 500 and Rs 1000 notes saying this was making life difficult for the people of India.
Finance Minister Arun Jaitley today said that demonetisation of Rs 500 and Rs 1,000 notes will expand the size of economy and will curb black money.
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