Page 24 - Demonetisaton

Risk averse gold traders on edge as Modi fights 'black money'

There are fears that PM Modi might soon add curbs on overseas purchases of the metal from early next year to March

' For gaining something, you have to lose something': BJP MP faces flak for comment on deaths in bank queues

Mumbai North BJP MP Gopal Shetty on Wednesday faced opposition flak after his comment on deaths of people in bank queues - "kuchh pane ke liye, kuchh khona padta hai."

Post demonetisation, Goa officials demand Nov salary in cash

Goa Government Employees Association wrote to Laxmikant Parsekar asking for salaries to be 'paid in cash'

Demonetisation: Property sales halve, realty resale market hits a wall

Activity in the sale & purchase as well as the rental segments has suddenly come to a standstill

Get inked to exchange notes from today: Here's the RBI guideline

The move is expected to prevent "unscrupulous persons" from sending people from one bank branch to the next to exchange old notes. Individuals are allowed to swap Rs 4,500 just once.

Demonetisation: Can India go cashless?

The numbers show that India is a long way from being majorly dependent on plastic money. Demonetisation ignores that reality.

Demonetisation impact: Flush with funds, banks may cut lending rates

Yields on 10-year government bond, a benchmark of the prevalent rate in the economy, have fallen more than 25 basis points

Demonetisation: Misalignment of note sizes part of a bigger problem

This inattention to standards is not confined to currency notes and their suitability for ATM machines; it is symptomatic of a whole range of materials and components

Everyone carrying Rs 500, 1000 notes is not black money hoarder: SC to govt

It asked the government to file an affidavit giving details to ease inconvenience to public

Demonetisation impact: Nepal calls for cash exchange help

Nepal PM Pushpa Kamal Dahal on Tuesday called his Indian counterpart Narendra Modi amid growing tensions in the Himalayan country over demonetisation

Currency freeze to hit realty funds

The problem will be acute for funds invested in residential projects in tier-2 and tier-3 cities, where cash transactions are higher

Banks may hire retired staff to deal with cash rush: Finance Ministry

Many employee unions have made representation to the finance ministry and IBA to present the multiple problems being faced by employees and officers

A revolutionary step may have initial hiccups: M Venkaiah Naidu

Demonetisation of higher currency notes had to be implemented with all secrecy as otherwise the people would have taken care of their ill-gotten wealth, says Naidu

Cash crunch if lasts long can hit firms' Q3 results: CII

CII President Naushad Forbes has urged govt to increase weekly withdrawal limit for current accounts from Rs 50,000 at present to ensure adequate liquidity for businesses

To prevent by-elections dilemma, right hand to be inked for old currency exchange

With by-elections due in some states, this will avoid unnecessary difficulties

Cooperative Bank employees planning to protest against RBI

Demonetisation will take a toll on the Public Distribution System, says P Balakrishnan, general secretary, All India cooperative bank employee's federation

Demonetisation disrupts Chhattisgarh Assembly business

The move came after the House could not transact any business on first day of winter session that was today

Congress alleges real agenda of demonetisation is to bail out non performing assets

Kapil Sibal says that the money of the common person was going to be used by the government to bail out rich industrialists

BJP's Vijender Gupta marshalled out from Delhi assembly

Gupta was creating hindrance during Arvind Kejriwal's address on demonetisation

Shiv Sena confirms Mamata-Uddhav meet, says will do everything to help common man

Shiv Sena leader Sanjay Raut said that the sufferings of the common man matter more that political differences