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BT Online
November 29, 2016
PM Modi on November 8, 2016 announced that high denomination notes of Rs 500 and Rs 1000 will no longer be legal tender from midnight the same day to fight against black money and corruption.


BT Online
New Delhi, November 29, 2016
Government's decision to recallthe high-value currency, which accounts for more thantwo-third of the cash supply, will lead to immediate but temporary contractionin the devices market in Q4 2016.


BT Online
November 29, 2016
While the Sensex on Tuesday opened 129  points higher at 26,479 level, Nifty rose 37 points to 8,164 level in early trade. On the 30-stock Sensex, 22 were trading higher with Coal India and Tata Steel gaining 2.71 percent and 1.87 per cent, respectively.


PTI
New Delhi, November 28, 2016
As per the practice, the EPFO pensioners are required to submit their life certificate by November. In case the pensioners don't submit their life certificate their pension is stopped.


PTI
New Delhi, November 28, 2016
Finance Minister Arun Jaitley introduced a bill to amend the Income Tax law which also provides for black money declarants a mandatorily depositing of 25 per cent of the amount disclosed in anti-poverty scheme without interest and a four-year lock-in period.


Dipak Mondal
New Delhi, November 28, 2016
Pronab Sen, an economist and former chairman of the National Statistical Commission, is one of the voices that has criticised the government's move saying that the negative impacts would far outweigh the likely benefits.


Reuters
New Delhi, November 28, 2016
The Reserve Bank of India had been forced to act, according to traders, after Prime Minister Narendra Modi's shock move on Nov 8 to abolish 500 and 1,000 rupee notes had sparked a surge in deposits of the old notes at banks.


PTI
November 28, 2016
However, no MP from Trinamool Congress, JD(U), SP and BSP, BJD were seen at the joint Opposition dharna outside Parliament though they raised their voices against the move in the House.


PTI
Mumbai, November 28, 2016
The BSE benchmark Sensex fell over 133 points and the Nifty slipped below the 8,100-mark in early trade on Monday as banking stocks led fall on fresh selling amid mixed Asian cues.


By E Kumar Sharma
November 27, 2016
Thanks to demonetisation, operations for most microfinance institutions have come to a near standstill. Loan disbursements and their repayments have almost  stopped for many microfinance institutions (MFIs) and therefore, in a sense, the  Indian microfinance sector is largely on a holiday.


By E Kumar Sharma
November 27, 2016
Demonetisation has had another side effect - patients are stocking up medicines for the next two to three months. This is especially so for ailments where life-long mediations are required such as for diabetes or hypertension - called chronic therapy areas in medical lingo.


PTI
November 27, 2016
RBI Governor Urjit Patel on Sunday broke his silence after facing flak from Congress leader Jairam Ramesh who accused Patel of misleading the nation about RBI's preparedness on demonetisation and sacrificing the autonomy of RBI.


PTI
November 27, 2016
Facing criticism over significant Chinese ownership, Paytm Founder and Chief Executive Vijay Shekhar Sharma has asserted that the payments and e-commerce platform is \"as Indian as Maruti\" and prides itself on being a representative of the \"India story\".


PTI
November 27, 2016
Finance Minister Arun Jaitley today came to the defence of RBI Governor Urjit Patel in the wake of criticism by Congress leader Jairam Ramesh, saying it is an \"unfair attack\" and politicians should refrain from making comments on those who cannot defend themselves.


PTI
November 27, 2016
Prime Minister Narendra Modi on Sunday hit out at opposition parties for their 'Bharat Bandh' call against demonetisation, saying they are organising the strike at a time when he is trying to root out corruption and black money.


Reuters
November 27, 2016
The Reserve Bank of India (RBI) on Saturday unexpectedly ordered banks to deposit their extra cash with it, in a bid to absorb excess liquidity generated by a government ban on larger banknotes.


Team BT
Delhi, November 26, 2016
Business Today readers share their feedback on the magazine's coverage.


By Prosenjit Datta
Delhi, November 26, 2016



BY JOE C. MATHEW AND DIPAK MONDAL WITH Team BT
Delhi, December 4, 2016
The Centre's move to demonetise high-denomination currency has shaken up the economy.


Joe C Mathew
Delhi, November 26, 2016
Arthakranti Pratishthan, an NGO based out of a nondescript rental flat in a predominantly residential Rambaug Colony, some 20 km from Pune Airport, is now gaining global attention. Considered to be the brain behind Prime Minister Narendra Modi's move of scrapping old Rs 500 and Rs 1,000 notes, the think tank stands for a complete overhaul of India's taxation system. In an exclusive interview with Joe Mathew, Anil S. Bokil, an engineer-turned-economic thinker, the chief architect of Arthakranti Proposal, talks about the merits of demonetisation and how it can lead to a black money free-cashless economy, if the government adopts all of the NGO's proposals. Excerpts:


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