Page 104 - Demonetisation

Govt limits cash deposits in Jan Dhan accounts to Rs 50,000

Bank counters will now use indelible ink in major cities to keep cash withdrawals within permissible limits

Banks to mark customers with indelible ink to ensure cash is changed only once a day

Economic Affairs Secretary Shaktikanta Das blamed the long queues on the same people lining up again and again

Congress calls demonetisation 'mere note-change' policy, says notes lack security features

"Can mere change of colour or size of notes make them more secure?" Congress asked.

Reliance MF expects big gains from demonetisation as investors opt for safer assets

Reliance Mutual Fund is the third fund house to cross the 2 lakh crore AUM mark after HDFC MF and ICICI MF

Demonetisation has 'penalised', damaged country's informal economy

Demonetisation-led slowdown may also impact private consumption

Black money chase: Money-pooling schemes, buying stocks under income tax lens

Demonetisation had led to increased detection of illegal money-pooling schemes, says tax official

Chit funds, private money lenders feel demonetisation heat

Overall, around 25 per cent of the deposits in chit funds are in cash. In rural areas, the proportion could be as high as 50 per cent

Beating cash crunch: e-transaction fees, ATM charges waived off

Task force under RBI Deputy Governor S S Mundra to recalibrate 200,000 ATMs; all-party meet likely today to reach out to Opposition

Scrapping high-value currency notes is the last straw for jewellery firms

This year has been a washout for jewellery companies due to a sharp increase in the price of gold

Demonetised notes worth Rs 4.5 cr seized in Gujarat

The police intercepted a mini truck and seized 10 bags full of demonetised high-value currency notes with a face value of Rs 2.5 crore from four persons

Demonetisation: Pune think tank advised Modi, suggested scrapping income tax too

ArthaKranti claims its leading light Anil Bokil, an Aurangabad-based chartered accountant and architect, was allocated nine minutes' audience with Modi in July this year

Small-ticket payments to be worst-hit

Recent demonetisation of Rs 500 and Rs 1,000 notes has caught them unawares

Demonetisation to result in lower interest rates: IMC Chamber

Demonetisation will bring Rs 400 lakh crore of black money into the banking system in the next three years, says IMC Chamber

Demonetisation: Strain on banking system as card use zooms 60%

Overall national growth in card usage was 60%, with majority skewed towards debit card usage

Windfall for MFs, demonetisation could bring up to Rs 16 lakh-crore

Anywhere between Rs 8-12 lakh could come into the banking system in the next few weeks

Investors need to revise their fixed-income strategy post demonetisation

As money flows back to banks, their deposits are expected to rise sharply

Demonetisation is another proof that Modi is reforming India: Chris Wood

The Indian government's demonetisation move, as well as the outcome of the US Presidential elections, have taken them by surprise

Demonetisation may slowdown car sales up to 25% in the medium term

SIAM had earlier estimated passenger vehicle sales to touch the 3 mn mark in FY17 and that is unlikely now

Demonetisation hits business: Daily cotton arrivals fall by 50%

Cotton prices up by about Rs 2,000 per candy due to tight supply

Opposition parties should have welcomed demonetisation: Shah

He said people understand very well why there is commotion in the Congress, BSP, SP and AAP ranks in the wake of the Centre's crackdown on black money.