Prime Minister Narendra Modi maintained such a deep level of secrecy in executing the decision to demonetise two-high value denominiations, that even the top bankers of the country had no idea about the move till he went on air at 8 pm on… Read More...
• Post demonetisation, Rs 60,000 is the new Rs 1 lakh in Uttar Pradesh real estate market.
• 1 lakh rupees, comprising Rs 1,000 and Rs 500 notes, will be equivalent to Rs 60,000 in real state deals.
• Developers have discovered loopholes in… Read More...
As opposition continues to attack the government in both houses of Parliament over the currency ban, Prime Minister Narendra Modi on Tuesday asked the people to directly convey their views to him on demonetisation via his App. Read More...
As people continue to face cash crunch after the scrapping of high value notes, the government has decided not to levy parking fee at airports for another week, till midnight of November 28. The waiver, which was initially for a week… Read More...
The finance ministry today said 500 and 1,000 rupee notes cannot be used for making deposits in small savings schemes. "The matter was examined in the ministry and it has been decided that subscribers of small savings schemes may not be… Read More...
RBI on Tuesday asked banks to take stern action against officials indulging in fraudulent practices while exchanging or depositing the invalid currency. Banks have also been asked to remain prepared to provide details about the notes… Read More...
Train tickets booked through the IRCTC website will become cheaper from Wednesday till the end of the year as the government has waived service tax to encourage cashless transactions in the wake of the demonetisation exercise. Read More...