close
This ad will auto close in 10 seconds

000

Bank deposits up 0.64% in January 6 fortnight

Bank deposits up 0.64% in January 6 fortnight

According to the data released by the Reserve Bank of India, deposits in banks jumped by 0.64 percent in the fortnight to January 6 after falling in the previous 14 days.

BoFA-ML pegs Sensex target at 29,000 for 2017

BoFA-ML pegs Sensex target at 29,000 for 2017

Pegging the Sensex target at 29,000 for December-end 2017, global financial services major Bank of America Merrill Lynch (BofA-ML) said Indian equity markets should deliver positive returns in the year despite uncertainties created by demonetisation and GST.

Demonetisation: Currency situation has stabilised to a great extent, says Arun Jaitley

Demonetisation: Currency situation has stabilised to a great extent, says Arun Jaitley

On the eve of end of the 50-day window of note ban on Friday, Finance Minister Arun Jaitley said that the currency situation has stabilised to a large extent. However, he didn't provide any indication on lifting restrictions on cash withdrawal from banks and ATMs.

 

RBI had only Rs 4.94 lakh crore in 2,000 rupee notes on day of demonetisation announcement: RTI

RBI had only Rs 4.94 lakh crore in 2,000 rupee notes on day of demonetisation announcement: RTI

Reserve Bank of India (RBI) has informed that it had only Rs 4.94 lakh crore in 2,000 rupee notes on the day the central government announced scrapping of high denomination notes of Rs 500 and Rs 1,000. 

Delhi High Court adjourns to hear pleas against demonetisation till December 22

Delhi High Court adjourns to hear pleas against demonetisation till December 22

As the bench headed by Chief Justice G Rohini did not assemble on Wednesday, the counsel for the petitioners sought a date after December 15 as the apex court will hear similar issues.

4G VoLTE budget phones supporting Indian languages below Rs 5,000  launched today

4G VoLTE budget phones supporting Indian languages below Rs 5,000 launched today

Indian smartphones makers launched a platter that is sure to win over users looking for budget phones with great features.

Government to amend RBI Act to annul old Rs 500, Rs 1,000 currency notes

Government to amend RBI Act to annul old Rs 500, Rs 1,000 currency notes

The government is likely to amend the Reserve Bank of India Act to extinguish the validity of Rs 500 and Rs 1000 printed before November 9 and a reference to this effect would be made in the upcoming Budget.

Rs 70 lakh in new currency seized in raids on postal official's kin in Hyderabad

Rs 70 lakh in new currency seized in raids on postal official's kin in Hyderabad

The cash, all in new notes of Rs 2,000, was seized on Friday during raids in Ibrahimpatnam in Ranga Reddy district.

Banks to exchange old Rs 500/1,000 notes only of their respective customers today; senior citizens exempted

Banks to exchange old Rs 500/1,000 notes only of their respective customers today; senior citizens exempted

Even as millions across the country throng banks to exchange old notes following the demonetisation of high-end currency, banks will not exchange the decommissioned notes for non-bank customers on Saturday.

New Rs 500, 2000 notes: Currency ink, silver thread supplier same for Pakistan, says Asaduddin Owaisi

New Rs 500, 2000 notes: Currency ink, silver thread supplier same for Pakistan, says Asaduddin Owaisi

AIMIM chief Asaduddin Owaisi on Tuesday claimed that the supplier of ink and silver threads used in currency notes is the same for India and Pakistan

About Rs 2 lakh crore deposited till Saturday afternoon in banks: Arun Jaitley

Union Finance Minister Arun Jaitley said around Rs 2 lakh crore has been deposited till 12.15 pm on Saturday in banks across the country, following the demonetisation of Rs 500 and Rs 1,000 notes.

 

 

'Demonetising Rs 500, Rs 1,000 notes will deter terror funding in India'

On the question of opening of schools in the Kashmir Valley, Union Minister of State in the PMO Jitendra Singh said the Centre was in touch with the state government.

Gujarat: Long queues continue at banks, ATMs and POs

Panic-stricken citizens queued outside banks, post offices and ATMs across Gujarat on the second consecutive day to get new currency notes in exchange for their now defunct bills following Centre's move of demonetising Rs 500 and Rs 1,000 notes.

Demonetisation move: Centre's currency ban affects PM Modi's following on Twitter

Demonetisation move: Centre's currency ban affects PM Modi's following on Twitter

Just after Prime Minister Narendra Modi announced demonetisation of Rs 500 and Rs 1,000 currency notes, over 3 lakh of his followers on micro-blogging site twitter unfollowed him.

 Donations to temples, credit societies and FDs in co-operative banks under govt scanner

Donations to temples, credit societies and FDs in co-operative banks under govt scanner

Hurried donations made to nearly 100 temples and trusts and sudden spurt in cash reserves in nearly 1,000 cooperative banks and credit societies in Maharashtra after Centre's decision to scrap Rs 500 and Rs 1,000 notes have come under government's scanner, a senior state minister said on Thursday.

In pics: First look of all new Rs 2000 currency note!

In pics: First look of all new Rs 2000 currency note!

The Reserve Bank of India (RBI) launched new Rs. 500 and Rs. 2,000 currency notes on Thursday. 

Supreme Court to hear pleas against demonetisation of notes on November 15

Supreme Court to hear pleas against demonetisation of notes on November 15

The Centre on Thursday filed a caveat in the Supreme Court that it be heard if the court entertains any petition on demonetisation of Rs 1,000 and Rs 500 notes even as the apex court indicated that it may hear on November 15 a plea challenging the government decision.

Demonetisation effect: Sales of TVs, refrigerators may take 70% hit

Demonetisation effect: Sales of TVs, refrigerators may take 70% hit

As demonetisation of Rs 500 and Rs 1,000 currency notes comes into effect, sales of consumer goods manufactueres such as TVs and refrigerators may take a hit by 70 percent

Demonetisation in national interest, small depositors will not face any problem: Arun Jaitley

Demonetisation in national interest, small depositors will not face any problem: Arun Jaitley

Finance Minister Arun Jaitley on Thursday said that governmen took the decision to scrap Rs 500 and Rs 1,000 currency notes in the national interest.

New Rs 500, 2,000 notes carry extra security features

New Rs 500, 2,000 notes carry extra security features

The new Rs 500 banknotes, which will be issued by banks from Thursday onwards, have extra security features besides having peculiar colour, theme and size which differentiate the new bills from the earlier series.