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Amounts exceeding 5,000 will not be accepted in cash at hospitals and all medical stores, which, too, have to keep swipe machines.

Cash deals worth Rs 25,000 crore move to digital mode

SBI report says 15 per cent of transactions moved to e-wallets like m-wallets and Point of Sale machines due to...

10 Jan 2017 2:49 PM IST

The bag contained Rs 500 and Rs 1000 currency notes, which were demonetised by the government earlier this month.

Govt advised note ban day before PM's announcement: RBI

Union Minister Piyush Goyal had claimed during a debate on demonetisation in Parliament that it was the RBI which...

10 Jan 2017 8:32 AM IST

Union Finance Minister, Arun Jaitley (Photo: PTI)

Tax collection in December up after cash swap: Arun Jaitley

Jaitley said at a press conference that indirect tax receipts grew by an annual 14.2 per cent in December.

10 Jan 2017 6:55 AM IST

Lower interest rates and more funds with banks are positive signals for economic recovery when the uncertainty around the demonetisation impact fades. (Representational Image)

Citi, HSBC slash India's GDP growth projections

Both brokerages say consumption has been affected.

10 Jan 2017 3:42 AM IST

Former Prime Minister Manmohan Singh speaks as Punjab Congress president Capt Amrinder Singh looks on at the release of the party manifesto for the assembly elections in Punjab, at AICC Headquaters in New Delhi. (Photo: AP)

Punjab elections: Manmohan Singh releases Congress' manifesto

Congress manifesto pledges farm loan waiver, free power, fight against drugs.

10 Jan 2017 1:40 AM IST

Heavy rush at a petrol pump following demonetization of Rs 500 and Rs 1000 notes. (Representational image)

As fuel charges' row defused, what's next?

Arun Jaitley seems quite happy that his tax collections have risen in November-December despite the demonetisation.

10 Jan 2017 2:53 AM IST

Home Minister Rajnath Singh addresses during a function to honour the families of martyrs of security forces at Kathua, Jammu. (Photo: PTI)

Note ban a blow to Maoists, insurgents, terrorists: Rajnath Singh

We are getting support from the common people on demonetisation because the decision was taken in the interest of the...

9 Jan 2017 7:32 PM IST

Central Board of Direct Taxes (CBDT) chairman Sushil Chandra said on Friday that Rs 2,600 crore in concealed income has been disclosed so far following demonetisation. (Photo: Representational Image)

No info on officials who were consulted on demonetisation: PMO

PMO also refused to answer a query on whether views of the Chief Economic Advisor and the Finance Minister were taken.

9 Jan 2017 6:49 PM IST

Bihar Chief Minister Nitish Kumar (Photo: PTI)

Will review demonetisation outcome on Jan 23: Nitish Kumar

Nitish Kumar was one of the few national leaders who backed Modi's demonetisation move against black money in the...

9 Jan 2017 5:19 PM IST

West Bengal Chief Minister Mamata Banerjee. (Photo: PTI)

Mamata urges President to save people from note ban hardship

Asking the common people to rise in protest, Banerjee said that there will be some hardship, but someone has to bell the...

9 Jan 2017 5:09 PM IST

Finance Minister Arun Jaitley

Higher tax mop up reflects there is no slowdown: Jaitley

December that witnessed currency crunch following ban on high value notes saw excise collections grow at 31.6 per cent.

9 Jan 2017 5:05 PM IST

Former Prime Minister Manmohan Singh. (Photo: ANI Twitter)

Singh says note ban will affect GDP adversely

Former PM referred to recent projection by CSO that GDP in 2016-17 will slow down to 7.1 per cent.

9 Jan 2017 4:22 PM IST