Demonetisation Move
-
Ride over the cash crunch: Ola launches post paid service for users
Nov 16, 2016, 08:21 PM ISTIn what may turn out to be a breather for people scrambling for cash for everyday needs including travel, popular Indian cab aggregator Ola Cabs on Wednesday rolled out a new service called “Ola Credit”
-
New Rs 500 notes to be available at bank counters in Odisha from tomorrow, says RBI
Nov 16, 2016, 07:51 PM ISTAmidst the scramble for money across the country, the Reserve Bank of India (RBI), Bhubaneswar, on Wednesday said that the new Rs. 500 notes will be available from November 17, 2016 crosswise over Odisha. “We
-
Banks won’t exchange old currency notes beyond one-time limit of Rs 4,500: RBI
Nov 16, 2016, 07:42 PM ISTA day after the government asked the banks to use indelible ink on the right index finger of everyone who goes to the cash counter to exchange his/her scrapped Rs 500 and Rs 1,000 notes, sources at the Reserve Bank of India today said that banks will
-
Demonetisation: Ex-RBI Governor Subbarao hails PM Modi's decision on note ban
Nov 16, 2016, 05:07 PM ISTFormer RBI Governor Duvvuri Subbarao has come out in support of Prime Minister Narendra Modi’s ‘demonetisation’ move.
-
Am not an Indian but I support Narendra Modi on demonetisation: Mauritius PM
India | Nov 16, 2016, 03:36 PM ISTAnerood Jugnauth, Prime Minister of Mauritius, has come out in open support of Indian Prime Minister Narendra Modi’s ‘demonetisation’ move.
-
Mamata leads opposition march to Rashtrapati Bhawan against demonetisation
National | Nov 16, 2016, 03:03 PM ISTTrinamool Congress supremo Mamata Banerjee today found support from leaders of NDA constituent Shiv Sena, Akali Dal, AAP and NC today and marched to the Rashtrapati Bhavan against the government’s decision to demonetise Rs 500 and Rs 1,000 notes.
-
Old 500, 1000-rupee notes will be accepted for land registration till Nov 24, says Akhilesh Yadav
National | Nov 16, 2016, 01:54 PM ISTUttar Pradesh Chief Minister Akhilesh Yadav on Tuesday announced that old Rs 500 and Rs 1,000 rupee notes will be legally accepted for land registration till November 24.
-
Virat Kohli hails demonetisation as 'Greatest move in the history of Indian politics'
Cricket | Nov 16, 2016, 01:16 PM ISTIndian Test skipper Virat Kohli welcomed the Indian Prime Minister's decision to demonetise the ₹500 and ₹1,000 notes, calling it the ”greatest move in history of Indian politics”. "For me, it's the greatest move I've
-
Demonetisation: 8 tricks black money hoarders are using to legitimise their ill-gotten wealth
Nov 15, 2016, 07:09 PM ISTIn a major clampdown on black money, Prime Minister Narendra Modi on October 8 demonetised Rs 500 and Rs 1000 notes, sending flutters down the Indian economy. The move, with all its noble intentions, has
-
Kashmir sees sharp decline in stone pelting incidents after demonetisation move, says Parrikar
National | Nov 15, 2016, 01:47 PM ISTIncidents of stone pelting on security forces in violence-hit Kashmir have reduced drastically since Prime Minister Narendra Modi announced the scrapping of Rs 500 and Rs 1,000 notes, Defence Minister Manohar Parrikar has said.
-
Hire retired bank staff to deal with demonetisation: Assocham
Nov 15, 2016, 01:05 PM ISTIndustry body Assocham has suggested government to hire retired bank staff on a massive scale and mobilise all resources across different departments to deal with the heavy rush at banks and ATMs following demonetisation announcement.
-
Indelible ink to prevent repeat exchangers from overcrowding banks
Nov 15, 2016, 07:15 PM ISTIn a bid to deal with instances of the same people turning up to exchange currency notes in queues outside banks adding to the heavy rush, the government has now decided to use indelible ink on the exchanger’s finger to stop him/her from multiple exc
-
SC to hear pleas challenging demonetization of Rs 500, Rs 1000 notes today
India | Nov 15, 2016, 11:39 AM ISTAmid several reports of public inconvenience and unprecedented panic rush in banks and ATMs across the nation, the Supreme Court will today hear a batch of petitions seeking to quash government's decision to demonetise Rs
-
Demonetisation of Rs 500, Rs 1,000 notes to lower your EMIs, know how
Nov 15, 2016, 11:32 AM ISTThe masterstroke by Prime Minister Narendra Modi to demonetise Rs 500 and Rs 1,000 notes is said to be in the larger interest of the country as it will positively affect both the people and the economy.
-
PM Modi to chair all-party meet on demonetisation today
National | Nov 15, 2016, 10:06 AM ISTPrime Minister Narendra Modi will today chair an all-party meet over the issue of demonetisation as the inconvenience that people are facing due to this decision entered seventh day today with opposition parties opposing the move.
-
Queues get longer at ATMs, banks as they reopen after holiday
Nov 15, 2016, 11:34 AM ISTBanks and ATMs are all set to have a heavy rush today once again as they are opening for public dealings after a holiday on Monday.
-
82 per cent Indians back PM Modi’s ‘demonetisation’ move: Survey
Nov 15, 2016, 07:58 AM ISTa survey has found that as many as 82 per cent Indians favour the government’s decision to demonetise Rs 500 and Rs 1,000 notes to fight the menace of black money and corruption.
-
State Bank ATMs to soon start dispensing Rs 50, Rs 20 notes: SBI chairperson
Nov 15, 2016, 07:51 AM ISTAmid the ongoing chaos and anger in public over scarcity of cash following government’s surprise move to demonetise 500, 1000-rupee notes, the State Bank of India (SBI) has come up with some good news for he Indian common man.
-
No ATM charges on transactions by saving bank customers till Dec 30
Nov 14, 2016, 10:18 PM ISTIn yet another attempt to lessen the woes of cash crunched people, the Reserve Bank of India (RBI) today directed all the banks to waive ATM on all transactions done by savings bank customers till
-
Not 50 days, replacing demonetised notes could well take 4 months. Here’s the math
Nov 14, 2016, 09:07 PM ISTPrime Minister Narendra Modi yesterday asked the nation to give him 50 days time to bring back the economic flow following his sudden demonetisation move. But, if the rate at which fresh currency is being