Rs 500 And 1000 Banned Notes
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Possession Of Scrapped Notes To Be Punishable: Lok Sabha
Holding of more than 10 scrapped notes of Rs 500/1000 denomination will be punishable with a minimum fine of Rs 10,000, according to a new bill introduced in the Lok Sabha today with an aim of eliminating the "possibility of running a parallel economy" using these.
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RBI's Autonomy Compromised? Urjit Patel To Answer MPs Today
Urjit Patel, the chief of the Reserve Bank of India, will meet today with a parliamentary committee to answer questions on the central bank's role in clearing and executing the abrupt November decision to ban 500- and 1,000-rupee notes.
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Banned Notes: Holders Of Overseas Indian Citizen Cards Express Concern
Many PIOs or persons of Indian Origin and OCIs or Overseas Citizens of India were under the impression that they could exchange their old currency until the end of March. But they were in for a shock when they realised that only NRIs were allowed to do so.
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Even Trump Building Is Not Immune As India's Property Market Takes A Hit
After trying for four months to sell his apartment in a western suburb of Mumbai, Meher Verma decided to cut the price by 10 percent. With property demand plummeting in the wake of November's sudden ban on high-denomination notes, he's not sure the reduction will do the trick.
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Man Gets Rs 500 Notes With One-Side Blank In Madhya Pradesh
Days after a farmer in Madhya Pradesh received Rs 2,000 notes from a bank without the image of Mahatma Gandhi, an ATM at a village in Khargone district dispensed two 'one-side blank' currency of the new Rs 500 denomination.
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Nitish Kumar's Party Defers Meeting To Review Support To Notes Ban
Bihar's ruling Janata Dal (United) appears to be in no hurry to reconsider its support to the central government's ban on 500 and 1,000 rupee notes. Despite Chief Minister Nitish Kumar's earlier comment that the party will re-evaluate its support after the 50-day cooling off period sought by Prime Minister Narendra Modi after the notes ban announce...
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Petrol Pumps Will Accept Cards For Now As Government Steps In
Petrol pumps across the country have decided to postpone till at least January 13 their protest against the banks' decision to levy an extra charge on credit and debit card transactions. The late evening turnaround came after the government stepped in. The petrol dealers had announced earlier that starting midnight, they would not accept the debit ...
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NRIs Can Deposit Old Rs 500, 1,000 Notes Till June 30
Indians living abroad will be able to exchange old Rs 500 and Rs 1,000 notes at RBI offices till June 30, the External Affairs Ministry announced today.
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State Bank of India Leads The Way With Rate Cuts, Congress, Trinamool Not Impressed
A day after Prime Minister Narendra Modi appealed to banks to make loans easily available to "the poor, lower middle class and the middle class," three public sector banks lowered their lending rates.
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Despite Currency Ban, Tourism Figures Show A 9 Per Cent Rise
The New Year has brought some good news for the tourism industry - despite the hardship of the currency ban, number of foreign tourists coming to India has gone up by 9%.
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Unaccounted Cash Worth Rs 36 Lakh In 2,000 Notes Seized In Tamil Nadu
Unaccounted cash worth Rs 36 lakh in the denomination of Rs 2000 notes were seized from a car in Coimbatore's Tirupur district, early today.
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How To Make Fake Rs 2,000 Notes? Bengaluru Men Used A Copier And Glitter Pen
In Bengaluru, four men used a copier and some glitter to make fake 2,000-rupee notes that they even used in several shops.
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Rs 8.5 Lakhs In New Notes Seized After Police Chase Down SUV In Bengal
Over Rs 8.5 lakhs in new currency was seized by the police in Bengal's West Midnapore district after a long car chase on Thursday night.
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Pointing Out No ATMs In Muslim Areas Is Not Communal
The moment I raise this issue of Muslims or Dalits or vulnerable sections, there immediately is an outcry that this man is being communal. How can it be communal when I am asking for more banks, more accounts? I am asking for more ATMs, more cash for ATMs as compared to other areas.
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UK Lawmaker Calls On India To End Demonetisation Stress For NRIs
Britain's longest serving Indian-origin MP Virendra Sharma has called the Indian government to end the uncertainty surrounding demonetisation of Rs 500 and Rs 1,000 notes for NRIs and PIOs.
-
Possession Of Scrapped Notes To Be Punishable: Lok Sabha
Holding of more than 10 scrapped notes of Rs 500/1000 denomination will be punishable with a minimum fine of Rs 10,000, according to a new bill introduced in the Lok Sabha today with an aim of eliminating the "possibility of running a parallel economy" using these.
-
RBI's Autonomy Compromised? Urjit Patel To Answer MPs Today
Urjit Patel, the chief of the Reserve Bank of India, will meet today with a parliamentary committee to answer questions on the central bank's role in clearing and executing the abrupt November decision to ban 500- and 1,000-rupee notes.
-
Banned Notes: Holders Of Overseas Indian Citizen Cards Express Concern
Many PIOs or persons of Indian Origin and OCIs or Overseas Citizens of India were under the impression that they could exchange their old currency until the end of March. But they were in for a shock when they realised that only NRIs were allowed to do so.
-
Even Trump Building Is Not Immune As India's Property Market Takes A Hit
After trying for four months to sell his apartment in a western suburb of Mumbai, Meher Verma decided to cut the price by 10 percent. With property demand plummeting in the wake of November's sudden ban on high-denomination notes, he's not sure the reduction will do the trick.
-
Man Gets Rs 500 Notes With One-Side Blank In Madhya Pradesh
Days after a farmer in Madhya Pradesh received Rs 2,000 notes from a bank without the image of Mahatma Gandhi, an ATM at a village in Khargone district dispensed two 'one-side blank' currency of the new Rs 500 denomination.
-
Nitish Kumar's Party Defers Meeting To Review Support To Notes Ban
Bihar's ruling Janata Dal (United) appears to be in no hurry to reconsider its support to the central government's ban on 500 and 1,000 rupee notes. Despite Chief Minister Nitish Kumar's earlier comment that the party will re-evaluate its support after the 50-day cooling off period sought by Prime Minister Narendra Modi after the notes ban announce...
-
Petrol Pumps Will Accept Cards For Now As Government Steps In
Petrol pumps across the country have decided to postpone till at least January 13 their protest against the banks' decision to levy an extra charge on credit and debit card transactions. The late evening turnaround came after the government stepped in. The petrol dealers had announced earlier that starting midnight, they would not accept the debit ...
-
NRIs Can Deposit Old Rs 500, 1,000 Notes Till June 30
Indians living abroad will be able to exchange old Rs 500 and Rs 1,000 notes at RBI offices till June 30, the External Affairs Ministry announced today.
-
State Bank of India Leads The Way With Rate Cuts, Congress, Trinamool Not Impressed
A day after Prime Minister Narendra Modi appealed to banks to make loans easily available to "the poor, lower middle class and the middle class," three public sector banks lowered their lending rates.
-
Despite Currency Ban, Tourism Figures Show A 9 Per Cent Rise
The New Year has brought some good news for the tourism industry - despite the hardship of the currency ban, number of foreign tourists coming to India has gone up by 9%.
-
Unaccounted Cash Worth Rs 36 Lakh In 2,000 Notes Seized In Tamil Nadu
Unaccounted cash worth Rs 36 lakh in the denomination of Rs 2000 notes were seized from a car in Coimbatore's Tirupur district, early today.
-
How To Make Fake Rs 2,000 Notes? Bengaluru Men Used A Copier And Glitter Pen
In Bengaluru, four men used a copier and some glitter to make fake 2,000-rupee notes that they even used in several shops.
-
Rs 8.5 Lakhs In New Notes Seized After Police Chase Down SUV In Bengal
Over Rs 8.5 lakhs in new currency was seized by the police in Bengal's West Midnapore district after a long car chase on Thursday night.
-
Pointing Out No ATMs In Muslim Areas Is Not Communal
The moment I raise this issue of Muslims or Dalits or vulnerable sections, there immediately is an outcry that this man is being communal. How can it be communal when I am asking for more banks, more accounts? I am asking for more ATMs, more cash for ATMs as compared to other areas.
-
UK Lawmaker Calls On India To End Demonetisation Stress For NRIs
Britain's longest serving Indian-origin MP Virendra Sharma has called the Indian government to end the uncertainty surrounding demonetisation of Rs 500 and Rs 1,000 notes for NRIs and PIOs.
