BoFA-ML pegs Sensex target at 29,000 for 2017
Pegging the Sensex target at 29,000 for December-end 2017, global financial services major Bank of America Merrill Lynch (BofA-ML) said Indian equity markets should deliver positive returns in the year despite uncertainties created by demonetisation and GST.
Jan 15, 2017, 14:15 PM IST
Demonetisation: Currency situation has stabilised to a great extent, says Arun Jaitley
On the eve of end of the 50-day window of note ban on Friday, Finance Minister Arun Jaitley said that the currency situation has stabilised to a large extent. However, he didn't provide any indication on lifting restrictions on cash withdrawal from banks and ATMs.
Dec 30, 2016, 20:09 PM IST
RBI had only Rs 4.94 lakh crore in 2,000 rupee notes on day of demonetisation announcement: RTI
Reserve Bank of India (RBI) has informed that it had only Rs 4.94 lakh crore in 2,000 rupee notes on the day the central government announced scrapping of high denomination notes of Rs 500 and Rs 1,000.
Dec 19, 2016, 18:00 PM IST
Delhi High Court adjourns to hear pleas against demonetisation till December 22
As the bench headed by Chief Justice G Rohini did not assemble on Wednesday, the counsel for the petitioners sought a date after December 15 as the apex court will hear similar issues.
Dec 14, 2016, 14:55 PM IST
4G VoLTE budget phones supporting Indian languages below Rs 5,000 launched today
Indian smartphones makers launched a platter that is sure to win over users looking for budget phones with great features.
Dec 12, 2016, 13:56 PM IST
Government to amend RBI Act to annul old Rs 500, Rs 1,000 currency notes
The government is likely to amend the Reserve Bank of India Act to extinguish the validity of Rs 500 and Rs 1000 printed before November 9 and a reference to this effect would be made in the upcoming Budget.
Dec 11, 2016, 12:42 PM IST
Rs 70 lakh in new currency seized in raids on postal official's kin in Hyderabad
The cash, all in new notes of Rs 2,000, was seized on Friday during raids in Ibrahimpatnam in Ranga Reddy district.
Dec 10, 2016, 13:08 PM IST
Banks to exchange old Rs 500/1,000 notes only of their respective customers today; senior citizens exempted
Even as millions across the country throng banks to exchange old notes following the demonetisation of high-end currency, banks will not exchange the decommissioned notes for non-bank customers on Saturday.
Nov 18, 2016, 20:25 PM IST
New Rs 500, 2000 notes: Currency ink, silver thread supplier same for Pakistan, says Asaduddin Owaisi
AIMIM chief Asaduddin Owaisi on Tuesday claimed that the supplier of ink and silver threads used in currency notes is the same for India and Pakistan
Nov 15, 2016, 17:08 PM IST
About Rs 2 lakh crore deposited till Saturday afternoon in banks: Arun Jaitley
Union Finance Minister Arun Jaitley said around Rs 2 lakh crore has been deposited till 12.15 pm on Saturday in banks across the country, following the demonetisation of Rs 500 and Rs 1,000 notes.
Nov 12, 2016, 17:21 PM IST
'Demonetising Rs 500, Rs 1,000 notes will deter terror funding in India'
On the question of opening of schools in the Kashmir Valley, Union Minister of State in the PMO Jitendra Singh said the Centre was in touch with the state government.
Nov 12, 2016, 15:50 PM IST
Gujarat: Long queues continue at banks, ATMs and POs
Panic-stricken citizens queued outside banks, post offices and ATMs across Gujarat on the second consecutive day to get new currency notes in exchange for their now defunct bills following Centre's move of demonetising Rs 500 and Rs 1,000 notes.
Nov 11, 2016, 15:01 PM IST
Demonetisation move: Centre's currency ban affects PM Modi's following on Twitter
Just after Prime Minister Narendra Modi announced demonetisation of Rs 500 and Rs 1,000 currency notes, over 3 lakh of his followers on micro-blogging site twitter unfollowed him.
Nov 11, 2016, 13:40 PM IST
Donations to temples, credit societies and FDs in co-operative banks under govt scanner
Hurried donations made to nearly 100 temples and trusts and sudden spurt in cash reserves in nearly 1,000 cooperative banks and credit societies in Maharashtra after Centre's decision to scrap Rs 500 and Rs 1,000 notes have come under government's scanner, a senior state minister said on Thursday.
Nov 10, 2016, 15:16 PM IST
In pics: First look of all new Rs 2000 currency note!
The Reserve Bank of India (RBI) launched new Rs. 500 and Rs. 2,000 currency notes on Thursday.
Nov 10, 2016, 12:46 PM IST
Supreme Court to hear pleas against demonetisation of notes on November 15
The Centre on Thursday filed a caveat in the Supreme Court that it be heard if the court entertains any petition on demonetisation of Rs 1,000 and Rs 500 notes even as the apex court indicated that it may hear on November 15 a plea challenging the government decision.
Nov 10, 2016, 12:10 PM IST
Demonetisation effect: Sales of TVs, refrigerators may take 70% hit
As demonetisation of Rs 500 and Rs 1,000 currency notes comes into effect, sales of consumer goods manufactueres such as TVs and refrigerators may take a hit by 70 percent
Nov 10, 2016, 11:31 AM IST
Demonetisation in national interest, small depositors will not face any problem: Arun Jaitley
Finance Minister Arun Jaitley on Thursday said that governmen took the decision to scrap Rs 500 and Rs 1,000 currency notes in the national interest.
Nov 10, 2016, 11:21 AM IST
New Rs 500, 2,000 notes carry extra security features
The new Rs 500 banknotes, which will be issued by banks from Thursday onwards, have extra security features besides having peculiar colour, theme and size which differentiate the new bills from the earlier series.
Nov 10, 2016, 10:21 AM IST
RBI to launch new Rs 500, Rs 2,000 currency notes from today
The Reserve Bank of India (RBI) will launch new Rs. 500 and Rs. 2,000 currency notes from today."The decision to cancel the legal tender scatters of 500 and 1000 rupees note is a very bold, powerful and decisive step to fight the menace of black money and the use of fake Indian currency notes.
Nov 10, 2016, 09:13 AM IST
