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Latest Articles in Demonetisation

SBI Employee Dies After Collapsing In Cash Exchange In Rush

According to family members of the deceased, who was an ex-serviceman, he had complained of chest pain

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Cash Crunch Chokes Off India Palm Oil Imports

Cargo surveyor data shows Malaysian palm oil shipments to India for the first half of November have already dropped by 81-85 per cent versus the corresponding period last month

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Demonetisation: Supreme Court Snubs Centre; Says People Are Frantic

The Supreme Court on Friday dubbed as a 'serious issue' the long queues outside banks and post offices and expressed its reservation on the Centre's plea seeking a direction that no other court in the country should entertain petitions challenging the November 8 notification demonetising Rs 1,000 and Rs 500 currency notes

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Bullion Traders Keep Shops Shut For 8th Day

The Directorate General of Central Excise Intelligence (DGCEI), an intelligence arm under the Finance Ministry, has sent notices to jewellers seeking details of their gold sales

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Shadow Economy, Withdrawal Of High Denomination Notes And Impact On the Indian Economy

The burden of exchange and withdrawal is mostly falling on bank offices as the existing ATMs are not customized to accommodate and dispense the new notes

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Rupee Cracks 68-Level, Tumbles 32 Paise

Dealers said the dollar's strength against other currencies overseas following hints of interest rate hike in December from US Federal Reserve chief Janet Yellen weighed on the rupee

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Unnecessary Panic Spread On Demonetisation; No Question Of Roll Back, Says FM Arun Jaitley

Digging in his heels, Finance Minister Arun Jaitley has ruled out roll back of the demonetisation decision and slammed Delhi and West Bengal Chief Ministers accusing them of spreading 'unnecessary panic'

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Demonetisation Hits Foreign Tourists

The joy of visiting a new country replaced by the uncertainty of being penniless in an unknown place, says a tour operator

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Advertising Industry Bodies Issue Contradictory Messages Over Ad Campaigns

The Indian Society of Advertisers had a meeting with its members and asked them to postpone all their advertising campaigns for two weeks

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Govt Rejects Demand For PM's Reply On Demonetisation Debate

The opposition disrupted the Rajya Sabha, stalling midway the discussion on demonetisation that started on Wednesday

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Govt Allows Cash Withdrawal Of Rs 250,000 For Weddings

Cash exchange limit at bank counters for invalid 500 and 1,000 rupee notes cut from Rs 4,500 to Rs 2,000

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Bank Note Reform May Depress Inflationary Pressures: DBS

India's bank note reform has pushed up deposit growth and boosted liquidity that may in turn depress inflationary pressures, the Development Bank of Singapore said on Thursday

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Cash-On-Delivery Was Temporary Phenomenon, Says Sachin Bansal

The COD nearly accounted for 70 per cent of the total transactions and it has come down for Snapdeal after this noteban

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Rupee Tumbles By 20 Paise To 67.94 On Strong Dollar

Sustained greenback buying by banks and importers amid a continued pullout of capital by foreign funds predominantly weighed on the domestic currency

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Banks, Post Offices To Report Cash Deposits Of Over Rs 2.5 Lakh To Tax Officials

Earlier, banks were required to report to Income Tax Department only when cash deposits in an account exceeded Rs 10 lakh in one full year

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