Poor connectivity, low per capita income and a thin banking network are creating hurdles for going digital
As we find ourselves batting on a sticky wicket, every ball needs to be played on merit
Big challenge was recalibration of ATMs to dispense new-sized notes of Rs 2,000
Vegetable prices have crashed, not just because of a good crop, clearly, but because of a shortage of cash at mandis
The Reserve Bank of India has increased the daily withdrawal limit from ATMs to Rs 4,500 from Rs 2,500 per card, from January 1, 2017
Demonetisation seems set to slow the economy in the near term, says expert
The biggest impact will be on the informal sector that accounts for the bulk of the GDP and employment
Since April, IDBI Bank has lowered its MCLR by 30-60 basis points across tenors
The Finance Minister further said that from Saturday onwards banks will have only valid currencies
Minimum fine Rs 10000 and rising steeply; only exception for Indians outside country for some months
The I-T department conducted multiple searches in the bank
NRIs have been given time till June 30 to deposit their old notes
I-T has issued 5,058 notices to various entities on charges of tax evasion, hawala-like dealings
'Now the honest money has flown in the system,' Union Minister Ram Vilas Paswan said
Indians have been more resilient than Venezuelans on reacting to it
Former Finance Minister says events of the last 50 days have proved the Congress Party correct
RBI said old-high denomination notes 'cannot form part of banks' cash balances from Dec 31
PM Modi promised to replace all old bills with enough new currency notes by the end of this month
December 30th marks the end of the NDA government's most ambitious policy to date that demonetised roughly 86 per cent of the country's currency in circulation
Apart from cash donations, the trust also received gold and silver ornaments