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  Demonetisation: Why did RBI change its stand on citizens depositing old currency till March 31, asks SC

  March 21, 2017 14:48 IST

  The Supreme Court today asked the central government to explain the reason behind the Reserve bank of India (RBI) changing its stand on citizens depositing old currency notes till March 31.

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  Mukesh Ambani lauds PM Modi's demonetisation, digital drives

  March 18, 2017 15:31 IST

  Reliance Industries Chairman Mukesh Ambani on Saturday lauded Prime Minister Narendra Modi for his demonetisation move and digital drives.

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  After demonetisation, Rs 6000 crore tax collected on unexplained cash deposits: SIT on black money

  India | March 18, 2017 9:42 IST

  The Special Investigation Team (SIT) on black money revealed on Friday that after demonetisation, the central government has collected around Rs 6,000 crore as tax on unexplained cash deposits so far.

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  Know the cost of printing new Rs 500 and Rs 2,000 notes

  March 16, 2017 13:18 IST

  According to the government’s reply in the Parliament on Wednesday, the cost of printing a new Rs 500 currency note is in the range of Rs 2.87 to Rs 3.09, and Rs 3.54 to Rs 3.77 for a Rs 2,000 note.

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  Demonetisation: Intention was to make you alive to the situation, says SC to Centre

  India | March 10, 2017 19:14 IST

  The Supreme Court on Friday said that its order seeking the prompt replies from the Centre and the RBI on a plea against alleged tweaking of rules on exchange of demonetised currency was intended to

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  Can't disclose if Jaitley was consulted on demonetisation: Finance Ministry

  March 05, 2017 11:39 IST

  The Finance Ministry has refused to disclose whether its boss Arun Jaitley was consulted before the announcement of demonetisation by Prime Minister Narendra Modi.

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  Banned Indian notes in Nepal will be exchanged soon: Jaitley

  March 04, 2017 9:25 IST

  Finance Minister Arun Jaitley on Friday said the currency notes scrapped by his country on November 8 last year but still in Nepal's financial system will be exchanged soon.

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  Demonetisation a fundamental failure of policy design: Rahul Gandhi

  Politics | March 04, 2017 8:33 IST

  Congress vice-president Rahul Gandhi has said the Narendra Modi government's decision to demonetise high-value currency notes was a "fundamental failure of policy design".

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  All banks must enable mobile banking by March 31: Govt

  March 04, 2017 7:43 IST

  The government has asked all banks to provide mobile banking facility to all customers by the end of the current fiscal.

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  Demonetisation to have positive impact on Indian economy: World Bank CEO

  March 03, 2017 7:54 IST

  The government’s decision to scrap old Rs 500 and Rs 1,000 notes, in an attempt to fight corruption and black money, will have a profound and positive impact on India’s economy, World Bank CEO Kristalina Georgoieva has said.

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  EC asks BSP to explain money deposits post demonetisation

  Politics | March 03, 2017 6:49 IST

  Acting on a plea alleging that the Bahujan Samaj Party (BSP)deposited huge amounts of cash in its accounts post demonetisation, the Election Commission (EC) on Thursday sought response from the party.

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  GDP number belies exaggerated claim of note ban impact: Arun Jaitley

  March 01, 2017 19:18 IST

  Finance Minister Arun Jaitley today said a 7 per cent expansion in third quarter belies exaggerated claims of note ban impact on rural economy.

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  ‘Hard work more powerful than Harvard’: Modi’s veiled dig at Amartya Sen on note ban

  Politics | March 01, 2017 18:43 IST

  Prime Minister Narendra Modi today took potshots at economists saying that hard work is more powerful than Harvard.

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  Note ban pulls down Q3 GDP growth in India to 7 pc, full year growth retained at 7.1 pc

  February 28, 2017 22:10 IST

  India's economy expanded by 7 per cent in the third quarter of this financial year.

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  Black money crackdown: Govt has 7 lakh shell cos on its target

  February 28, 2017 11:26 IST

  The CBDT believes that deregistering of these 6-7 lakh ‘dormant’ firms will bring an end to "institutional money laundering" in the country

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  Cash deposits of over Rs 5 lakh to attract I-T scrutiny

  February 22, 2017 9:03 IST

  Under 'Operation Clean Money', the Income Tax Department has decided to crack whip on those who fail to provide the details of cash deposits of Rs 5 lakh or more during the 50-day long demonetisation drive (November 8 to December 31, 2016).

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  Operation Clean Money: No threat or show cause to taxpayers, CBDT tells taxman

  February 21, 2017 23:16 IST

  The CBDT has refrained tax officials from issuing threat, warning or show-cause notice to taxpayers contacted by it under Operation Clean Money.

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  RBI readies plan to launch new Rs 1,000 notes: Report

  February 21, 2017 14:16 IST

  Just over three months after a mammoth demonetisation exercise undertaken by the government, the Centre and the Reserve Bank of India (RBI) are now believed to have come up with a new plan to launch a new series of Rs 1,000 notes.

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  Weekly cash withdrawal limit for saving accounts hiked to Rs 50,000

  February 20, 2017 11:34 IST

  Starting today, the cash withdrawal limit from saving accounts is set to go up to Rs 50,000 per week.

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  Manipur: Demonetisation, blockade hit traders dealing with poll material

  India | February 18, 2017 18:01 IST

  Amid the ongoing economic blockade in Manipur, the traders dealing with poll materials have been hit badly due to dearth of raw materials. “Every time during the elections, we bring in lot of raw materials