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Total 832 results found. Search for [ demonetisation day ]

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Aseem Thapliyal
November 17, 2016
Negative sentiment and selling pressure have impacted the market during the last 4-5 trading days as companies and analysts struggle to gauge the effects of the move on spending in various sectors of the economy.


Reuters
November 17, 2016
Government on Thursday announced immediate steps to ease a cash crunch for farmers amid widespread criticism of Prime Minister Narendra Modi's shock decision to withdraw high-value bills in the middle of the sowing and wedding season.


Aseem Thapliyal
November 17, 2016
Consequentially, the demand for products in the auto sector has seen a huge fall, with BSE auto index reflecting the bleak outlook in the near future.


Reuters
November 17, 2016
That is despite widespread anger among millions of Indians forced to queue outside banks to change small amounts of old money for legal tender, possibly denting support for the ruling Bharatiya Janata Party (BJP) at least in the short term.


BT Online
November 16, 2016
Experts see a downtrend in market in the near term on uncertainty over effects of demonetisation and global markets. The Sensex closed 5.94 points lower at 26,298 level. The Nifty rose merley 0.04 per cent or 3 points higher to 8,111.


PTI
New Delhi, November 16, 2016
Gold and jewellery establishments in the national capital remained shut for the 6th day today after the Income Tax Department carried out surveys following reports of alleged profiteering and efforts at tax evasion following the government's demonetisation move.


PTI
New Delhi, November 16, 2016
The opposition also has a string of other issues like the surgical strikes across LoC, the situation in Jammu and Kashmir, OROP and the plight of farmers to rake up during the session.


BT Online
New Delhi, November 15, 2016
Here are a few videos to test if the new notes can withstand rain or even a swim


BT Online
November 15, 2016
The Sensex has now shed 1212 points in the last two trading sessions. Analysts also cite the fall in market on global factors such as rise in dollar and Trump's inflationary policies likely to boost inflation and send interest rates higher in the world's largest economy.


PTI
New Delhi, November 15, 2016
All India Motor Transport Congress (AIMTC), claiming to have 93 lakh truckers, 50 lakh buses and tourist taxi and cab operators under its fold, said at least eight lakh drivers and conductors were severely impacted in the wake of de-legalizing of Rs 500 and Rs 1,000 currency notes.


Aseem Thapliyal
November 15, 2016
The market continued its downward movement on Tuesday after a three-day break. While the Sensex fell 514 points, Nifty was down 187.5 pts at 8108 level.


Mail Today Bureau
New Delhi, November 15, 2016
If rushing branch to branch or ATM to ATM is not helping you to end your financial crunch, there is an app and a website that can solve your problems.


Anand Adhikari
New Delhi, November 15, 2016
A day after the Prime Minister Narendra Modi made a surprise announcement of demonetisation of Rs 500 and Rs 1,000 note to break the back of black money hoarders and counterfeiters, the Rs 2,000 note reached the banks' branches instantly, but the new Rs 500 note was conspicuous by its absence.


BT Online
November 15, 2016
The effects of demonetisation continued to take a toll on the market as BSE Consumer durables and BSE auto index fell for the second day.


Reuters
New Delhi, November 14, 2016
The government relaxed cash withdrawal limits including removing a per-day cap of 10,000 rupees, increasing the weekly limit to 24,000 rupees from 20,000 and allowed exchange of bills over the counter at banks to reach 4,500 rupees instead of 4,000.


PTI
November 13, 2016
Amid rising anger among people across India over exchanging the scrapped currency, Finance Minister Arun Jaitley on Saturday regretted hardships caused due to withdrawal of high denomination notes but advised the public to be patient as the move will have larger benefits for the economy in long term.


By Prosenjit Datta
Delhi, November 12, 2016
It will inflict a one-time shock only for people who have unaccounted cash on that day, not those who have already moved to other asset classes.


By Anand Adhikari, Joe C. Mathew and Sumant Banerji
Delhi, November 12, 2016
Prime Minister Narendra Modi's shock announcement to demonetise the Rs 500 and Rs 1,000 currency overnight was primarily aimed at catching those who hoard black and illegitimate money in these denominations off-guard. The sudden announcement and its implementation within four hours of the speech may have prevented flight or conversion of such money into other asset classes, but it has also resulted in a lot of collateral damage.


Prosenjit Datta
Delhi, November 12, 2016
We live in interesting times. First, Prime Minister Narendra Modi pressed the button on demonetisation of Rs 500 and Rs 1,000 (high-denomination notes) on Tuesday, November 9, in an 8 pm speech, effectively rendering the old currency useless from midnight the same day.


Reuters
November 12, 2016
People argued and banged the glass doors of a branch of Standard Chartered in southern Delhi after the security guards blocked entry, saying there were already too many people inside the bank.


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