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  From builders to tiffin services and dental implants, I-T casts its net on illegal currency exchange

  India | December 05, 2016 12:04 IST

  Few days after the government stopped the exchange of scrapped 500 and 1000-rupee notes, the Income Tax department raided a caterer in Mumbai and recovered over Rs 80 lakh in new notes and over Rs 40 lakh in withdrawn notes.

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  Frustrated by cash crunch, Delhiites start to worship ATM machine

  December 04, 2016 18:08 IST

  Aggravated over "No Cash" messages displayed outside banks and ATMs, residents of east Delhi started to worship ATM machine, praying that it dispenses some cash. The unique worhip was organised in east Delhi's Jagatpuri area,

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  ‘Gold in your locker is safe’ clarifies government

  December 02, 2016 12:52 IST

  the government said that jewellery and gold in all its form purchased out of disclosed income or legally inherited from ancestors is not chargeable to tax under the amended I-T law

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  ‘Those converting black money into white will not be spared’, warns government

  National | December 02, 2016 11:53 IST

  Finance ministry today said those indulging in money laundering activities and converting their ill-gotten money into white will not be spared as law-enforcement agencies are already chasing such trails.

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  Large cash volumes source of corruption, says PM Modi; urges people to go cashless

  National | December 02, 2016 11:39 IST

  Prime Minister Narendra Modi today appealed to the people to "lead the change" towards cashless transactions to lay strong foundations of an India where there is no place for such malaise.

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  Old Rs 500 notes valid at petrol pumps, air ticket counters till midnight today

  December 02, 2016 9:51 IST

  With effect from the midnight of 2nd December, 2016, old Rs. 500 bank notes will not be accepted at petrol, diesel and gas outlets of public sector oil and gas marketing companies as well as for purchase of air tickets at airports.

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  Maruti Suzuki unfazed by cash crunch, November sales jump by 12 pc

  December 01, 2016 17:06 IST

  Automobile major Maruti Suzuki India on Thursday reported a 12.2 per cent increase in sales for November.

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  Won’t die if we stop eating eggs or chicken for a few days: Khali on cash crunch

  India | December 01, 2016 15:49 IST

  Even as the cash crisis post demonetisation is causing strain to the common man, Indian wrestling star the Great Khali has dubbed these problems as minor. When asked about the inconvenience faced by people

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  Demonetisation might turn out to be a ‘shock’ for the government. Know Why

  December 01, 2016 15:27 IST

  Various estimates have been made of the quantum of such money — which is not expected to be deposited in banks — that range from Rs 3 lakh crore to Rs 5 lakh crore.

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  In its bid to stall GST over demonetisation, TMC finds support from Subramanian Swamy

  National | December 01, 2016 13:41 IST

  Amit Mitra on Wednesday dropped a bombshell saying that the Good and Services Tax (GST) rollout has been thoroughly jeopardized by the Centre’s abrupt demonetization drive, a statement that got a backing from BJP MP Subramanian Swamy.

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  RBI ramps up cash supply by four times to meet pay day rush: Report

  December 01, 2016 10:54 IST

  In an attempt to quench country’s cash drought which may even increase due to pay day rush, the government and the Reserve Bank of India have further scaled up the printing of Rs 500 notes.

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  Amid growing push for digitisation, PayTM sees 35 million transactions for mobile, DTH recharges

  November 30, 2016 16:31 IST

  Amid a massive push from the government for cashless transactions following its move to scrap Rs 500 and 1,000 notes, Indian e-commerce website PayTM has said it has seen 35 million transactions for mobile and

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  Amid growing push for digitisation, PayTM sees 35 million transactions for mobile, DTH recharges

  November 30, 2016 16:31 IST

  Amid a massive push from the government for cashless transactions following its move to scrap Rs 500 and 1,000 notes, Indian e-commerce website PayTM has said it has seen 35 million transactions for mobile and

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  Banks, ATMs running out of cash; salary week could be ‘cash less’

  November 30, 2016 11:31 IST

  The enormous cash crunch continues to cause more pain to people as shortage of cash forced banks to ration withdrawals and down shutters early as the supply of notes failed to keep up with the increasing demand.

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  Demonetisation: Nitish Kumar addresses RJD MLAs in Lalu Yadav’s presence

  National | November 29, 2016 23:41 IST

  Nitish Kumar today attended RJD Parliamentary party meeting and briefed the party MLAs in presence of its chief Lalu Prasad Yadav on why he supported Prime Minister Narendra Modi’s decision to demonetise Rs 500 and Rs 1000 notes.

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  Bill to amend Income Tax Act passed in Lok Sabha without discussion

  National | November 29, 2016 16:46 IST

  The Bill to amend Income Tax Act to impose tax on deposits made post-demonetisation was today passed without discussion amid sloganeering and shouting in Lok Sabha.

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  Over 1 lakh iPhones sold in three days after note ban

  November 29, 2016 12:37 IST

  While people across the nation have been struggling with the cash crisis following government’s overnight demonetisation drive, American tech giant Apple, on the other hand, seems to be reaping rich dividends as a result of the move.

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  564 Maoists, highest ever in a month, surrendered post note ban: Report

  India | November 29, 2016 11:41 IST

  The effect of the government’s demonetisation drive has not just been restricted to black money hoarders but it has also made a strong impact in left-wing extremism affected states.

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  60 per cent of demonetised currency already accounted for: RBI

  November 29, 2016 11:42 IST

  The data released by the Reserve Bank of India (RBI) on Monday revealed that around 60 per cent of the demonetised currency notes, which amount to around Rs 14 lakh crore, has already been accounted for.

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  A broken promise: Demolishing Centre's rosy narrative on demonetisation

  November 28, 2016 15:29 IST

  Prime Minister Narendra Modi on November 8 announced the decision to scrap Rs 500 and Rs 1000 notes. Here is an analysis of what government is claiming it would achieve.