The Biggest Stories of November 24, 2016

PUBLISHED ON: November 24, 2016 | Duration: 16 min, 39 sec

  
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Banks will not exchange old notes but one can still deposit them, and the use of demonetised Rs 500 notes for petrol and other utilities will continue for now; after the Cabinet meeting, sources told NDTV that the government plans to impose a 60 per cent penalty on black money deposits after the cash clean-up was announced; the cash ban will hit GDP by at least 2 per cent, says former Prime Minister Manmohan Singh who also called the demonetisation an organised loot; and more in our news wrap of the day.
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