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It will deal a severe blow to the parallel economy and will disrupt the life tyles of the corrupt leaders, bureaucrats, businesses, anti-national who facilitate terror funding. It will deal a severe blow to the parallel economy and will disrupt the life tyles of the corrupt leaders, bureaucrats, businesses, anti-national who facilitate terror funding.

Demonetisation a bold and gutsy move: USIBC

Modi has demonstrated once again the ability to 'Think the Unthinkable'.

19 Nov 2016 4:05 PM IST

When asked about PM Modis demonetisation drive, Mary Kom said that the people must bear a little pain in order to rid the country of black money. (Photo: PTI)

Mary Kom lauds demonetisation drive

PM Modi had declared that high denomination notes of Rs 500 and Rs 1,000 will no longer be legal tender from November...

19 Nov 2016 2:07 PM IST

A Bank Employee counting the bundles of the received currency of old 1000 & 500 notes at a cash counter. (Photo: PTI)

Govt 'won't stop exchange of scrapped Rs 500, 1000 notes'

'The government does not want to send any signal which may set in panic among the public.'

19 Nov 2016 12:31 PM IST

Indias benchmark 10-year bond yields have dived 36 bps to 6.44 per cent, a 7-1/2 year low, since Modis banknotes announcement.

India bank note ban brings Dec rate cut into view

Inflation already eased to 4.20 per cent in October, undershooting the RBI's 5 per cent target by March.

19 Nov 2016 10:15 AM IST

TMC chief and West Bengal CM Mamata Banerjee. (Photo: PTI)

Let people use old Rs 500 notes: Mamata tells Centre

'The Rs. 1,000 notes may be withdrawn when circulation improves by December 30, or at your discretion,' she said.

19 Nov 2016 8:12 AM IST

People queue up outside an ATM to withdraw money at Shastri Bhavan in New Delhi. (Photo: PTI)

Note ban: Chaos at banks amid rule shifts, warnings

Sections in the government say that the exchange facility is being misused by some to exchange their black money.

19 Nov 2016 6:29 AM IST

Note ban may lead to farmer deaths

Note ban may lead to farmer deaths'

Activists criticise central govt over demonetisation, seek loans at low interest rates.

19 Nov 2016 6:56 AM IST

Lok Sabha Speaker Sumitra Mahajan during the winter session of Parliament in New Delhi. (Photo: PTI)

Note ban stalls both Houses second day

When the House assembled again for Zero Hour, the Oppn continued to press an adjournment motion, but the Speaker...

19 Nov 2016 6:18 AM IST

Bank transaction tax: Too good to be true?

Bank transaction tax': Too good to be true?

The BTT, on amounts credited or deposited, is expected to net Rs 21 lakh crores, that would be shared by the Centre and...

19 Nov 2016 5:06 AM IST

Prime Minister Narendra Modi (Photo: PTI)

Highlight ban benefits, PM Modi tells BJP MPs

BJP leadership has also asked its allies to follow suit and take on the Opposition.

19 Nov 2016 3:46 AM IST

Union information and broadcasting minister M. Venkaiah Naidu (Photo: PTI)

Congress wants to stall House to avoid debate: Venkaiah Naidu

Naidu said Congress was rattled by the smooth functioning of the Rajya Sabha earlier as it was not interested in a...

19 Nov 2016 3:35 AM IST

BJP MP Shatrughan Sinha (Photo: PTI)

Bold move, but PM let down by his team, says Shatrughan Sinha

Shatrughan Sinha also questioned the restrictions imposed on withdrawal of money.

19 Nov 2016 3:03 AM IST