Page 60 - Demonetisation

Demonetisation effect: Cashless donations to be accepted in Buddhist ceremony

Over 200,000 devotees will arrive in Bihar to hear Tibetan spiritual leader the Dalai Lama in January

Demonetisation Day 35: Where are the rich, ask labourers in queues

The queues appeared just as long and crowded, and constituted disaffected and despairing people, made cash-poor by the central government's demonetisation move.

No regulatory obstacles for NRIs depositing banned notes: Bank of England

The PRA, responsible for the supervision of banks in the UK, has cleared the matter with the Financial Conduct Authority

Mobile wallet use at petrol pumps surges amid safety concerns

The use of wallets, powered by mobile phones, could be a major cause for concern

ED conducts raids to check hawala trade; seizes Rs 2.19 cr in Chandigarh

While the ED said Rs 18 lakh in new notes was recovered, the Punjab Police said Rs 69.35 lakh in new currency was found

Gain or pain? How political parties are taking note ban fight to the masses

Other smaller opposition parties are have supported the Congress-led opposition in Parliament, and will assess the public mood before joining any united opposition protests.

Demonetisation, GST to cast highly disruptive impact: S&P

Corporates and banks are likely to face short-term downside risk as cash crunch will curtail GDP growth

Delhi BJP's thanksgiving: Visit home with laddoos, get feedback on note ban

During the campaign, party workers will visit each house in their polling booths and offer a 'laddoo' and seek feedback from each household.

BJP leader calls Chidambaram 'scam champion'

The reaction came after the former finance minister said that demonetisation was the 'biggest scam of the year'

Winter Session a virtual washout so far; Modi likely to speak in Parliament today

Prime Minister Narendra Modi will hold a meeting with key ministers before Parliament convenes this morning to decide their strategy.

FM Jaitley hints at tax rate cut; says demonetisation will increase taxation base

In a statement released to the media, Jaitley said that a substantial quantum of future transactions would be digital as India moves towards a less-cash society.

De Beers diamond sales tempered due to India's cash crackdown

India is the third-biggest diamond jewellery market behind the United States and China, accounting for about 8 percent of global demand.

RBI wants CCTV footage from banks to spot currency hoarders post demonetisation

The Reserve Bank, in a notification issued today, said banks should "preserve CCTV recordings of operations at bank branches and currency chests for the period from November 8 to December 30, 2016, until further instructions".

Govt urges banks to incentivise digital payments, transactions

As part of the Digital India campaign and to promote cashless transactions across the country, Union Electronics and IT Minister Ravi Shankar Prasad on Tuesday urged banks to incentivise digital payments.

Political leaders in Delhi-NCR exchanging old notes for 40% commission, TV sting reveals

Many politicians in Delhi-NCR are allegedly laundering cash, converting black money into white at a hefty commission, a TV channel sting revealed on Tuesday.

Fund managers were picky last month

They used the correction in prices to buy certain stocks but didn't hesitate to also sell shares

Rs 12.4 lakh crore of old notes deposited in banks till Dec 10

RBI Deputy Governor R Gandhi's remarks come at an impromptu press meet

Going cashless only a dream in the Northeast

A population of 45 mn had 3,131 bank offices in the region as at end of September FY15

Opposition and govt prepare for note ban slugfest until Dec-end

Think they have until New Year's Eve to build nationwide narrative against demonetisation

Demonetisation effect will hit GDP in March quarter: Pronab Sen

Says, contrary to perception, GDP growth won't be drastically hit in the present quarter