The Dewas Security Press is printing new Rs 500 currency notes
The matter would be reported to Income Tax department for further investigations
Currency circulation in India as a percentage of GDP is 12%, versus Japan's high of 20%
Delhiites started forming serpentine queues as early as 6 am outside ATMs and banks to try to get cash
In the absence of adequate Rs 500 notes and complete elimination of Rs 1,000 denomination as of now, people have started panic hoarding of Rs 100 notes
But RBI says enough cash available with banks; Rs 500/1,000 notes valid for key utility payments till Nov 14
The police are, however, unable to say whether it was an accident or a suicide
He said demonetisation would move the entire Indian economy towards white which is a very good step
Passengers at New Delhi Railway Station complained that Rs 500 and Rs 1,000 notes were not being accepted at ticket counters
Here is a quick compilation of how leading brokerages and research houses interpret the development
Travellers suffered as their notes were turned down in railway counters and hotels
Vegetable vendors, pharmacy shops, grocers all deal in cash and in panic refused to accept Rs 500 and Rs 1,000 currency
This measure would mean that from midnight, almost Rs 6,32,600 cr in circulation in the form of Rs 1,000 notes would be illegal
In the global currency market, the darkest hour comes just as dawn is breaking in Asia
FCNR redemption can be an opportunity to let the currency slide
Foreign currency in the form of Saudi Riyals and UAE Dirhams was found
Individually, the turnover of currency derivatives at NSE increased to Rs 45 lakh cr in 2015-16, from Rs 30.2 lakh cr in the same period year-ago
Currency with the public surged by 34 per cent this fiscal even as some of the markers for such an increase behaved contrarily. But one thing is for sure: people have become more cautious about their transactions