Demonetisation Effect
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Demonetisation: Income Tax issues notices to those depositing huge cash, seeks ‘source’ of funds
November 19, 2016 20:27 ISTTen 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.
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Mamata Banerjee warns of stir if demonetisation not withdrawn in three days
Politics | November 19, 2016 20:14 ISTTMC 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Mamata Banerjee today once again threatened a protest movement from Monday if the demonetisation decision was not withdrawn within the three-day deadline.
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If demonetisation fails, there will be anarchy: Raj Thackeray
Politics | November 19, 2016 16:42 ISTMaharashtra 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.
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Demonetisation to bring probity in politics, government: Rajnath Singh
Politics | November 19, 2016 16:32 ISTUnion 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’.
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Demonetisation: Queues getting shorter at banks but long wait at ATMs continues
November 19, 2016 14:54 ISTMany 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.
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Demonetisation: Hardoi school kids donate Rs 73,000 from piggy banks to help people
India | November 19, 2016 14:21 ISTAmid 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
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55 died due to demonetisation, PM Modi must apologise: Congress
Politics | November 19, 2016 13:06 ISTThe 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.
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Demonetisation: Execution could not have been better, says Arun Jaitley
November 18, 2016 23:50 ISTTen 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
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PM Modi meets President Mukherjee as demonetisation chaos continues
Politics | November 18, 2016 22:33 ISTPrime 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.
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Demonetisation: Banks open today, will exchange notes only for own customers; senior citizens exempted
November 19, 2016 8:57 ISTBanks 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.
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Amrita Rao praises PM Narendra Modi’s demonetisation policy
Bollywood | November 19, 2016 1:50 ISTBollywood 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’.
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To counter united Opposition, PM Modi asks MPs to publicise demonetisation benefits
Politics | November 18, 2016 20:29 ISTAs 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
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18th November News in Nutshell: Important stories of the day
India | November 18, 2016 20:05 ISTImportant stories of the day
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Demonetisation hits India’s financial capital, businesses in Mumbai lose Rs 700 cr in 10 days
November 18, 2016 17:58 ISTIndia’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.
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ATMs in Parliament House too running dry, some BJP MPs also unhappy over demonetisation: Report
Politics | November 18, 2016 14:35 ISTThe 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
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BEWARE! Your neighbourhood ATM can make you sick. Know how
Lifestyle | November 18, 2016 14:18 ISTA 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
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Demonetisation: MFIs could witness up to Rs 1,700 cr in losses following the move, says Bandhan Bank CEO
November 18, 2016 13:39 ISTThe 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
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Demonetisation effect: Delhi’s second-hand car market is new ‘saviour’ of black money holders
November 18, 2016 11:32 ISTWhile 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.
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Crooks using Jan Dhan accounts to turn ‘black money’ into ‘white’: Report
November 18, 2016 8:34 ISTWhile 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’.
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Demonetisation: Government sets up panel to look into cash woes of NRIs, diplomats
India | November 18, 2016 7:37 ISTFlooded 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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