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People stand in a queue to deposit and exchange discontinued currency notes, outside a bank on the outskirts of New Delhi. (Photo: PTI)

Markets frozen, farmers staring at distress sale in Madhya Pradesh

Business in the mandis has declined by almost 90 per cent.

19 Nov 2016 12:41 AM IST

Union finance minister Arun Jaitley speaks to the media after returning from his trip to UK in New Delhi. (Photo: PTI)

No plans to withdraw new Rs 2,000 notes: Jaitley

Finance Minister says as on March 3, 2017 currency in circulation was Rs 12 lakh crore.

17 March 2017 2:40 PM IST

Revenue Secretary Hasmukh Adhia

'Operation Clean Money to track large deposits'

Revenue Secretary Hasmukh Adhia says govt will question taxpayers who deposited over Rs 5 lakh post-note ban.

31 Jan 2017 3:43 PM IST

Cash shortages caused by the demonetisation of large denomination currency notes have affected the income of many borrowers by holding back economic activity and reduced their short-term repayment abilities.

Bank asset quality recovery to get delayed

The delay takes place due to cash shortage having "disruptive impact" on India economy.

31 Jan 2017 12:34 PM IST

Finance Minister Arun Jaitley. (Photo: PTI)

Budget 2017-18 may look to soften note ban woes by tax relief

Besides tax break, there could even be a universal basic income in the Budget, industry officials and tax experts said.

30 Jan 2017 4:23 PM IST

Finance Minister Arun Jaitley

Note ban, GST will generate more revenues: Jaitley

Finance Minister says abrupt' recall of Rs 1,000 and Rs 500 notes will bring informal economy to fold of formal one.

27 Jan 2017 12:57 PM IST

Image for representational purpose only

Govt may phase out exchange of old currency, to mandate cash deposits...

The exchange facility, according to officials, was being misused by some to exchange their black money.

18 Nov 2016 9:30 PM IST

Delhi Chief Minister Arvind Kejriwal. (Photo: PTI)

Modi govt has lost connect with people: Kejriwal on note ban

'I am very sad that FM has plainly refused to even review and consider rollback,' Kejriwal tweeted.

18 Nov 2016 3:55 PM IST

People queue up outside a bank to exchange their old Rs 1000 and 500 notes in Lucknow. (Photo: PTI)

Is there a printing problem with new notes, SC asks Centre

'You have scrapped (Rs) 500 and 1,000, but what happened to the 100 rupee note?,' the apex court asked the government.

18 Nov 2016 1:57 PM IST

A file photo of proceedings in Lok Sabha (Photo: PTI/ Video grab)

Ruckus over note ban; LS, RS adjourned till Monday

The demonetisation issue had rocked Parliament on days 1 and 2, with both the Lok Sabha and the Rajya Sabha being...

18 Nov 2016 11:04 AM IST

Prime Minister Narendra Modi with Co-Chairman of the Bill & Melinda Gates Foundation, Bill Gates. (Photo: PTI)

Bill Gates meets top BJP leaders, backs demonetisation

Government transitions are never managed perfectly and never easy, Bill Gates said.

18 Nov 2016 10:34 AM IST

A bank official applies indelible ink on the finger of a customer queued up for exchanging old currency notes at the Punjab National Bank. (Photo: PTI)

Govt insulting people by inking them: Congress

'The decision to put indelible ink on fingers of account holders is a senseless, Fascist and Nazist act of branding...

18 Nov 2016 7:56 AM IST