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$The I-T department will launch full-fledged assessment proceedings from January next year against those assessees who have deposited \suspicious\ amounts of money in banks post-demonetisation, but have not filed their income tax returns till now. (Photo: AFP/Representational)$ India

Kanpur: Over Rs 97 Cr in demonetised currency seized, police arrest 16

The huge amount of demonetised currency was stored in guny bags in a builder's ancestral house near Gole Chauraha in...

17 Jan 2018 12:02 PM GMT

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

Sbi study says fake notes are on the way

It said that there was a noticeable increaseâ€ in counterfeit notes detected in the denomination of new Rs 500.

29 Aug 2018 8:12 PM GMT

A view of Digital India Pavilion at the 36th India International Trade Fair (IITF-2016) at Pragati Maidan in New Delhi on Monday. (Photo: PTI)

Cash is pro-people, only rich love digital

The purest currency in people's economies is life, love, communion and trust.

29 Nov 2016 9:08 PM GMT

All India Students Federation and Chhtrara Janadhikar Party activists stop a train during the Bharat Bandh called by Left parties to protest against demonetization in Patna on Monday. (Photo: PTI)

Misplaced priorities

Let the Opposition change tack and press for a debate on taking black money out of party funding and running election...

29 Nov 2016 9:02 PM GMT

Fitch said that time spent queueing in banks is also likely to have affected general productivity.

Fitch cuts GDP forecast to 6.9 per cent

It said that impact of demonetisation on GDP growth will increase the longer the disruption continues.

29 Nov 2016 8:30 PM GMT

This has been nullified by the RBI absorbing Rs 5.24 lakh crore as on November 25, 2016 through CRR. (Representational image)

Loans won't become cheap soon

Deposits have grown at 11 per cent Y-o-Y already outpacing the credit growth of 8 per cent in FY2017.

29 Nov 2016 8:19 PM GMT

New notes of Rs 2000 issued by the Reserve Bank of India. (Photo: PTI)

No limit on withdrawal of deposits and valid notes

Some people were worried about not being able to withdraw cash.

29 Nov 2016 8:15 PM GMT

Govt had allowed Rs 1,000, Rs 500 notes for certain utility services till November 24. (Representational image)

DGCA warns private aircraft against ferrying old notes

It has been reported that some of the non-scheduled operator permit holders have been engaged to carry demonetised...

29 Nov 2016 7:28 PM GMT

Finance Minister Arun Jaitley speaks in the Lok Sabha in New Delhi. (Photo: PTI)

Tax bill passed in Lok Sabha in minutes without debate

As din continues in Lok Sabha, govt adopts belligerent stance, takes Opposition parties by surprise.

29 Nov 2016 7:25 PM GMT

Prime Minister Narendra Modi. (Photo: PTI)

BJP sweeps Gujarat civic polls; Modi says people want all-round...

Results across India show people won't tolerate corruption, says PM.

29 Nov 2016 6:43 PM GMT

Congress MP and State President Adhir Ranjan Chowdhury (L), Abdul Mannan (2nd L) with other leaders participate in Akrosh Diwas rally against demonetization in Kolkata. (Photo: PTI)

Need a court-monitored CBI probe, says Adhir Chowdhury

The leader informed that the Congress would soon launch a bigger movement against this menace until the culprits were...

28 Nov 2016 11:51 PM GMT

It is important to understand that the demonetisation is only the first step by the government in its war against black money.

Investment plan post note ban

Demonetisation has created uncertainty. Let's see what kind of investment strategy needs to be adopted.

28 Nov 2016 10:34 PM GMT