• 

  DDA's new housing scheme likely to be launched in February

  January 18, 2017 18:27 IST

  The Delhi Development Authority's new Housing Scheme with 12,000 flats on offer is now likely to be launched next month, with the delay being blamed on "lack" of basic infrastructure in "few pockets" falling under

• 

  ‘Note ban’ can do little to stop flow of black money in future, says ASSOCHAM

  January 17, 2017 16:30 IST

  The Associated Chambers of Commerce and Industry of India (ASSOCHAM) believes that ‘demonetisation’ cannot eliminate the ill-gotten wealth converted into assets such as gold and real estate although it may wipe out the present stock of black money he

• 

  Demonetisation: ATM-makers expect windfall from bulk orders for new machines

  January 16, 2017 13:55 IST

  As the cash crunch eases following a dry spell due to Centre's surprise move to outlaw higher currency notes, ATM manufacturers are expecting large orders from banks due to less numbers of cash dispensing machines

• 

  Centre mulls threshold for probe into cash deposits post demonetisation: report

  January 16, 2017 7:17 IST

  Centre is mulling a threshold for deposits made into banks post demonetisation below which scrutiny will not be initiated. The government's is considering the proposal to prevent undue harassment of taxpayers during investigations into bank

• 

  Demonetisation ‘atrociously planned’, little evidence it succeeded: NYT

  January 11, 2017 8:28 IST

  In a stinging criticism, a leading US daily has said the "atrociously planned and executed" demonetisation in India has made peoples life increasingly difficult

• 

  Demonetisation drags auto sales to 16-year low in December, industry pins hopes on Budget

  January 10, 2017 15:00 IST

  Monthly automobile sales growth rate in India slipped to a 16-year low in December with total vehicle sales declining by 18.66 per cent as demonetisation hits the industry hard.

• 

  Demonetisation: Note ban to have 'significant impact' on GDP in short-term

  January 08, 2017 18:04 IST

  The demonetisation decision announced by Prime Minister Narendra Modi on November 8 will have a "significant impact" on the country's economy in the near term, but once the transition phase is over, the growth momentum

• 

  50-day deadline over, but tempers still high as banks run dry

  India | January 04, 2017 12:41 IST

  The respite promised by PM Narendra Modi after December 31 still seems far off as banks in several parts of Saurashtra continued to face a cash crunch and had to tackle the customer’s ire.

• 

  Demonetisation fallout: Deposits in Jan Dhan accounts rise over 50 per cent

  January 01, 2017 22:31 IST

  Since Prime Minister Narendra Modi’s big November 8 announcement of currency ban, deposits in Jan Dhan accounts have surged by more than 50 per cent, an official statement said today. "As on December 21, deposits

• 

  RBI asks banks to furnish details on deposits on Rs 500 and Rs 1,000 notes since note ban

  December 30, 2016 16:47 IST

  The Reserve Bank of India (RBI) has asked banks for details of cash deposits in demonetised currency notes since the decision was announced on November 8. In a notice issued by the RBI, banks have

• 

  Demonetisation: Deadline to deposit old notes in banks ends today

  December 30, 2016 10:45 IST

  The 50-day deadline to deposit the old Rs 500 and Rs 1,000 notes in banks comes to an end today. However, people will still have time to exchange the currency notes at designated RBI counters till March 31 after giving valid reasons for not depositin

Advertisement
• 

  Demonetisation: 60 lakh depositors put Rs 7 lakh crore in banks since November 8

  December 29, 2016 19:28 IST

  The government has said that deposits totalling Rs 7 lakh crore were made by some 60 lakh individuals and companies following the announcement to demonetize high-valu currency notes on November 8. The government has also

• 

  IT sleuths may quiz BSP leaders over Rs 100 crore deposits in banned notes: report

  Politics | December 27, 2016 11:10 IST

  Amid reports that over Rs 100 crore in outlawed currency was deposited into bank accounts of Bahujan Samajwadi party , the Income Tax department is planning to quiz BSP leaders over the unusually high deposit.

• 

  Centre mulls Rs 50,000 penalty for possession of old notes after Dec 30

  India | December 27, 2016 7:03 IST

  The government is planning an ordinance to impose penalties on anyone found holding 'high amount' of the junked Rs 500 and Rs 1,000 notes beyond December 30 when the deadline to deposit them in banks

• 

  Demonetisation likely to hit GDP by just 0.2 pc: Sadananda Gowda

  December 22, 2016 16:41 IST

  Prime Minister Narnedra Modi’s demonetisation move could bring down the growth rate by just 0.2 per cent and no more, Union Minister for Statistics and Programme Implementation D V Sadananda Gowda today said.

• 

  Restrictions on cash withdrawal likely to stay longer: SBI chairman

  December 22, 2016 8:29 IST

  Even as the exchange facility for demonetised notes will ends on December 30, State Bank of India chief Arundhati Bhattacharya believes that the restriction on cash withdrawal is likely to continue for longer period of

• 

  Centre receives 4000 email tip-offs on black money hoarders in four days

  India | December 20, 2016 13:21 IST

  The new email-id announced by the Narendra Modi-led government for sounding information on people holding black money has become an instant hit. Four days since the announcement on Friday, the email id has been flooded

• 

  Rs 10 crore in demonetised notes, 6kg gold seized in Chennai trader's house

  India | December 20, 2016 12:11 IST

  After Prime Minister Narendra Modi's surprise announcement of outlawing higher currency notes, the Income Tax department has seized Rs.10 crore cash and 6 kg gold jewellery as part of its anti-black money crackdown operations in

• 

  Around Rs 100 crore seized in new notes to be recirculated: report

  December 20, 2016 11:34 IST

  The new currency notes seized by government agencies in multiple raids through out the country post demonetisation will be put back into circulation. According to a report in Times of India, the Enforcement Directorate has

• 

  Four RBI employees under CBI scanner for helping Karnataka Minister in black money exchange

  India | December 19, 2016 10:36 IST

  The Central Bureau of Investigation (CBI) is monitoring four RBI officials in Bengaluru, who may be involved in aiding a senior minister in the Karnataka Governemnt to exchange his unaccounted wealth in demonetised currency notes.