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Total 2358 results found. Search for [ demonetisation india ]

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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.


PTI
November 16, 2016
As debate on demonetisation rages on across the nation, Finance Minister Arun Jaitley has changed his facebook cover photo which states that India can no longer live with black money.


Reuters
November 16, 2016
Uncertainty surrounding the impact of the government's last week move to withdraw higher-denomination bank notes and slow replenishment in new bills, also prevailed.


PTI
New Delhi, November 16, 2016
\"The real estate sector will definitely be affected by the demonetisation exercise as it has traditionally seen a very high involvement of black money and cash transactions,\" said Ashwinder Raj Singh, CEO - Residential Services, JLL India.


E Kumar Sharma
New Delhi, November 16, 2016
With loan disbursements and their repayments nearly stoppedfor many microfinance institutions, the Indian microfinance sector is largelyon a holiday.


PTI
New Delhi, November 16, 2016
HSBC, which has also not changed its 32,400 Sensex target for December-end 2017, noted that the two major events last week may have short-term impact as the country's fundamentals remained strong.


Saurabh Sharma
New Delhi, November 15, 2016
Long queues at ATMs are ubiquitous in the country, with the old, the young and the poor helplessly standing for their turn to withdraw cash at the ATMs. This has posed the question - could the government and the Reserve Bank of India been better prepared?


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.


BT Online
New Delhi, November 15, 2016
The step is taken in order to curb therepetitive transactions made by same individuals.


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.


Reuters
New Delhi, November 14, 2016
The task force will comprise officials from the finance ministry, banks, and the central bank, as well as a representative from the Ministry of Home Affairs and the National Payments Corporation of India, the Reserve Bank of India said.


BT Online
New Delhi, November 14, 2016
This is the second time government has extended the date as banks continue to struggle to dispense cash, creating problems for people in emergency. If you are in emergency and need urgent cash for hospitalisation or life saving medicines you can use old banknotes.


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
Prime Minister Narendra Modi on Sunday launched a scathing attack on detractors of the demonetisation move, especially the Congress, saying those involved in mega scams were now standing in queues to exchange Rs 4,000 and announcing that more anti-graft measures were on the anvil.


BT Online
November 13, 2016
Prime Minister Narendra Modi while addressing a gathering after laying foundation stone of Mopa greenfield airport in Goa said that this suffering is for 50 days and after cleanliness, not even a mosquito can fly.


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.


PTI
November 13, 2016
Government is looking into sudden 'popping up' of money into zero-balance Jan Dhan accounts, after an unprecedented Rs 2 lakh crore of cash flooded the banking system within just two days of demonetisation of high value currency.


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 17, 2016
A six-tier GST could not only thwart the government's effort to weaken the black economy, but also derail ease of doing business.


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