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Reserve Bank of India

People with old notes turned away by RBI

Indians who were abroad during demonetisation have been given a 3-month grace period.

3 Jan 2017 8:58 PM IST

Officials said the department will keep an eye on the deposits in excess of Rs 2.50 lakh made in saving accounts and Rs 12.50 lakh in current accounts post demonetisation.

I-T to levy 137 per cent penalty on black money recovery

The department says tax dodgers can come clean by paying 50 per cent on bank deposits post demonetisation.

27 Dec 2016 10:50 AM IST

The company had 5 to 8 per cent impact in the rural market owing to demonetisation in November, but the situation was much better in December

Tata Steel confident of normalcy

December was much better month for Tata Steel than November last affected due to demonetisation.

1 Jan 2017 6:52 PM IST

The official further said that inflows of funds into Jan Dhan accounts was the highest in the first week after demonetisation at Rs 20,224 crore, but after that the deposits went down substantially. (Photo: Screengrab)

Jan Dhan a/c doubles post demonetisation

Between Nov 10-Dec 23, the total deposits in Jan Dhan accounts reported is Rs 41,523 crore.

1 Jan 2017 2:06 PM IST

One of the reasons for the company to cross the milestone is its continuing expansion in rural markets

Hyundai Motors India expects normalcy in 2017

Company capped a "landmark year" in 2016 with domestic sales crossing the 5 lakh unit mark.

1 Jan 2017 11:36 AM IST

West Bengal Chief Minister Mamata Banerjee (Photo: PTI)

2017 will mark DeModitisation, says Mamata Banerjee

West Bengal CM slams PM address for no mention of note ban deaths', releases list.

1 Jan 2017 2:19 AM IST

Finance minister Arun Jaitley

Valuables worth Rs 610 cr seized in note ban raids: Jaitley

Over 1,100 searches conducted, 5,100 notices issued to verify suspicious high-value cash deposits.

3 Feb 2017 4:41 PM IST

Old Rs 500 and Rs 1000 notes placed in an order that reads BAN in New Delhi. (Photo: PTI)

Note ban takes its toll on economy

The survey prescribes a cut in individual income-tax rates and in real estate stamp duty.

1 Feb 2017 1:51 AM IST

The labour landscape in India is changing significantly, and some of the emerging trends include rise in temp staffing and flexi workforce.

Pay hikes likely to be fatter in 2018: Expert

Adds hiring sentiments will continue on revival path.

11 Dec 2017 12:46 AM IST

Tenders of Specified Bank Notes (SBN) in excess of Rs. 5000 into a bank account will be received for credit only once during the remaining period till December 30.

Govt denies setting limit to keep cash at home

Media reports speculated that the limit to be kept in home was between Rs 3-15 lakhs.

19 Dec 2016 6:46 PM IST

To mitigate the impact on nuptials across the country, the government announced on Nov. 17 that it would make an exception for weddings; 250,000 rupees could be withdrawn.

Cash crunch crashes the big fat Indian wedding

Modi's bold stroke was meant to squeeze dry the nation's "black,"money and terrorist financing.

19 Dec 2016 6:16 PM IST

Union minister Ram Vilas Paswan promotes cashless transactions at a shop in Bihars Hajipur. (Photo: PTI )

EC: Stop all anonymous donations over Rs 2,000

Urges government to amend laws to cap political contributions.

19 Dec 2016 1:20 AM IST