• 

  Demonetisation ‘courageous experiment’ by PM Modi, says Amar Singh

  Politics | November 26, 2016 12:54 IST

  Senior Samajwadi Party leader has said that Prime Minister Narendra Modi's demonetisation move is a ‘courageous experiment’ that aims to eliminate black money, corruption and counterfeit currency.

• 

  PM Modi’s demonetisation move ‘very bold’: Chinese media

  World | November 26, 2016 11:08 IST

  Chinese media has termed Prime Minister Narendra Modi’s demonetisation move as ‘very bold’.

• 

  Unaccounted deposits in old notes to attract 50pc tax, four-year lock-in period

  November 26, 2016 10:30 IST

  The government is planning to levy a minimum of 50 per cent tax on unexplained bank deposits made using the scrapped currency notes up to December 30.

• 

  Unable to exchange old Rs 5,000 notes, 35-yr-old Delhi scrap dealer commits suicide

  India | November 26, 2016 10:05 IST

  A 35-year-old scrap dealer committed suicide allegedly by hanging from a ceiling fan at his house in Delhi’s Mustafabad area on Thursday night.

• 

  Post-demonetisation, Mumbai's gold markets dull, deserted

  November 26, 2016 9:43 IST

  Post-demonetisation, Mumbai's bustling and glittering Zaveri Bazar, the national bullion and jewellery market, wears a forlorn, deserted look.

• 

  New Rs 500 notes with faulty printing valid, clarifies RBI

  November 26, 2016 9:24 IST

  The Reserve Bank of India (RBI) on Friday clarified that the new Rs 500 notes with faulty print are genuine and that people shouldn’t find it difficult to transact in these notes.

• 

  Demonetisation: Unaccounted deposits to attract 50 pc tax, 4-year lock-in

  November 25, 2016 18:48 IST

  Unaccounted deposits in outlawed Rs 500 and Rs 1000 currency notes up to December 30 if declared to taxmen will attract 50% tax, along with a lock-in of 4 years, sources said. In case the

• 

  Amid demonetisation woes, BJP MLA gifts Mercedes-Benz to his minor son

  Politics | November 25, 2016 16:40 IST

  While the common man reels under a huge cash crunch following the government’s surprise demonetisation move, a Bharatiya Janata Party MLA from Mumbai has chosen to splurge his money on his minor son by gifting

• 

  Demonetisation: Banks failing to meet around 75 per cent of daily cash requirement

  November 25, 2016 14:26 IST

  With over a fortnight since Centre outlawed old Rs 500 and Rs 1000 currency notes, banks have been able to meet only 20-25 per cent of the average daily demand of the cash. Around Rs

• 

  Despite demonetisation, India's GDP growth will be better than China's: Fitch Ratings

  November 25, 2016 14:19 IST

  Despite a slowdown in India's GDP growth in short run due to cash crunch, India's growth rate will still be higher than China's in the medium term, according to Fitch Ratings. In a statement, the

• 

  Paytm does U-turn, discontinues app-based PoS feature for merchants

  November 25, 2016 13:14 IST

  A day after launching their their app-based PoS for merchants, Mobile wallet company Paytm has suspended the service citing risk to customer data and privacy. The app was developed to help small shopkeepers accept payment

Advertisement
• 

  Modi ji is like Uncle Podger, says Lalu Yadav; sharpens attack against PM on demonetisation

  Politics | November 25, 2016 12:54 IST

  RJD supremo Lalu Prasad Yadav today renewed his attack on Prime Minister Narendra Modi over the demonetisation drive, comparing him with ‘Uncle Podger’ - a character of a poem who does not allow anyone else to do a job and is unable to do anything qu

• 

  Exchange of old Rs 500 and Rs 1,000 notes to continue at RBI counters

  November 25, 2016 11:51 IST

  The Reserve Bank of India (RBI) today said that the facility to exchange old Rs 500 and Rs 1,000 notes will continue to be available at its counters, but not at those of commercial banks.

• 

  PM Modi slams critics of demonetisation, says 'they did not get time to prepare'

  Politics | November 25, 2016 11:20 IST

  Prime Minister Narendra Modi today said that the common citizen has become a soldier against black money, corruption and counterfeiting by joining the demonetisation drive.

• 

  New Rs 500 note has two variants, RBI says ‘printing defect due to rush’

  Politics | November 25, 2016 12:13 IST

  In a major embarrassment for the central government, it has now come into light that new Rs 500 note have several defects.

• 

  Know where you can use old Rs 500 notes from today

  November 25, 2016 8:52 IST

  Exchange of old currency notes of 500 and 1,000 rupees over the counter has been stopped but people can deposit old notes in their bank accounts upto December 30.

• 

  Demonetisation: Cabinet gives nod to amend IT Act to levy 60pc tax on unaccounted deposits

  November 24, 2016 22:31 IST

  The Centre is believed to have given its nod to amend the IT Act to levy close to 60 per cent income tax on unaccounted deposits in banks above a threshold post demonetisation of high-denomination currency notes.

• 

  Demonetisation: Consider special relief measures for poor, Ratan Tata tells govt

  November 24, 2016 21:28 IST

  Days after supporting government's demonetisation move, Tata Group chairman Ratan Tata today asked the government to take special relief measures, similar to those employed at the time of national calamities, to minimise the trouble that the poor are

• 

  Note ban could trigger 30 pc drop in housing prices, wipe off Rs 8L cr in value

  November 24, 2016 20:12 IST

  The real estate sector is all set to be hit by the demonetisation process with estimates suggesting a sharp decline in property prices following the government’s drastic move to ban high-denomination currency notes.

• 

  Demonetisation: PM Modi calls Cabinet meet, may take up penalty on high deposits

  Politics | November 24, 2016 19:16 IST

  Narendra Modi has called a meeting of the Union Cabinet tonight, possibly to discuss the 200 per cent penalty.