500 Rupee Ban(Search results - 43)
12, Dec 2016, 10:54 AM
30 days after demonetisation, only 30% work done
Another previous report confirmed that State Bank of India estimation says ₹2.5 lakh crore worth of money may not return to the banking system.
12, Dec 2016, 7:22 AM
Government to import 20,000 tonnes of currency paper to fight cash crunch
The consumption of currency notes in the past couple of years have been around 25,000 tonnes annually of which almost 18,000 tonnes is manufactured in India.
9, Dec 2016, 12:27 PM
Demonetisation: Will PM Modi's 50 days plan work?
The government is also actively promoting digital transactions, and various government departments have been asked to adopt various digital payment methods.
9, Dec 2016, 9:33 AM
Demonetisation: How Hasmukh Adhia, the bureaucrat, executed the Top Secret mission
Demonetisation was to be announced around November 18, but since signs indicated that the news already got leaked hence the announcement came early.
4, Dec 2016, 12:54 PM
5 southern sectors hammered by demonetisation
On an average 200 truckloads carrying fish worth approximately ₹10 lakh leave the state and post demonetisation the number has come down to 50 to 60 trucks.
4, Dec 2016, 6:21 AM
Is the government's restriction on cash withdrawals legal?
The demonetisation announcement came with a notification under Reserve Bank of India Act, 1934, section 26(2) that has been the basis of the current restriction on bank account access.
28, Nov 2016, 7:48 AM
Demonetisation: 7 questions Modi must answer right now
86% currency in circulation got banned after one announcement and it has been 20 days since then, now people deserve answers to these questions.
28, Nov 2016, 5:56 AM
Demonetisation: Families of Gulf expat hit by cash crunch
A staff member of a money exchange in Abu Dhabi said, "Whenever rupee goes down against dollar, there was a huge rush; but not now”.
25, Nov 2016, 7:44 AM
Demonetisation: As money plunges, Indians in Gulf confused what to do
It has been speculated that the exchange rate of dirham-rupee could reach ₹19.05 to ₹19.56 if it crosses the ₹70 mark against US dollar.
25, Nov 2016, 5:27 AM
Manmohan Singh's demonetisation speech can be a game changer
This impactful speech from an economist point of view also found support from BJP ally Shiv Sena who stated that PM should take Manmohan Singh's words seriously.
24, Nov 2016, 10:05 AM
How NE tribals are exploited to convert black money to white
Since the tribals of Northeast India are exempted from paying income tax under Finance Act of 1980, now their bank accounts are being used to convert black money.