Page 105 - Demonetisation

Bank employees union raps govt, RBI

RBI should also immediately ensure adequate supply of cash in denominations of Rs 100 and new Rs 500 notes

After demonetisation, benami property holders the next target: PM Modi

On Nov 8, Modi announced demonetisation of Rs 1,000 and Rs 500 notes, making them invalid

End demonetisation, jail those with Swiss bank accounts: Arvind Kejriwal

Delhi CM warned that if the massive cash crunch across the country continued, it could lead to law and order issues and spiral out of control

Marriage season hit hard by demonetisation move

The wedding season is the time of the year when traders do most of their business but lack of liquidity has led to problems

Demonetisation: Traders selling dollar at 110 against official rate of 67/$

Apart from gold purchases, other methods of laundering black money hoarded in the banned notes are also flourishing

Demonetisation move gives room to RBI to cut rates:CII

The chamber says masterstroke by PM, should be allowed time to play out

New series of Rs 500 notes issued

The Currency Note Press has sent the first consignment of five million pieces of the new Rs 500 note

Cash withdrawal limit at ATMs raised to Rs 2,500 per day

Weekly withdrawal limit has been raised to Rs 24,000 from existing Rs 20,000 and the limit of Rs 10,000 per day has been removed

As PM scraps the big notes, digital payment firms get active

Industry experts believe that the biggest beneficiaries of the PM's move would be fintech and digital cash companies

Don't harass traders, act against Swiss bank account holders first: Arvind Kejriwal

Kejriwal met traders in Azadpur Mandi, Laxmi Nagar, and Gandhi Nagar markets in the evening and demanded that the govt rollback the decision

Utter chaos: Long queues, panic hoarding of Rs 100 notes as ATMs dry up fast

The situation is worse in villages and towns where ATM penetration is scarce

Post offices in Maharashtra, Goa amass scrapped notes worth Rs 435 cr

Maharashtra and Goa have a vast mail network with 61 head offices, 2,154 sub-post offices and 10,644 village stations

Baby dies after doctor 'refuses' treatment for want of cash

There were clear instructions from the state government to hospitals that they must continue to accept Rs 1,000 and 500 notes

Mamata Banerjee calls demonetisation a 'black political decision'

Banerjee also hit out at PM Modi and said that he had left for Japan after having imposed an 'anti-poor' scheme

Demonetisation effect: More rush outside banks, Delhi Police deploys more forces

To manage anxious crowds, as many as 3,400 personnel of paramilitary and Delhi Police have been deployed at ATMs and banks

Demonetisation: Spending squeeze to hit India's GDP growth for 2 quarters

But there could be handsome 'hockey stick' growth for two years thereafter, says Anand Rathi Securities in a presentation

Day 4: Chaos continues as queues get longer at banks, ATMs on weekend

Almost half of the country's ATMs are still non-functional

Demonetisation would only affect common man: Chidambaram

Chidambaram said that in 2012, the Central Board of Direct Taxes had advised the Centre to avoid issuing Rs 2,000 currency notes

Demonetisation to cover up Narendra Modi's failure, says Kerala CPI

CPI denied allegation that black money to the tune of crores of rupees had been stashed away in cooperative banks in the state

Rs 4 crore-worth scrapped bank notes seized from Maharashtra trader

Police have informed Income Tax officials about the seizure and they are carrying out further probe into it