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OLD NOTES
Her father used to feel sad and say, 'she is still searching for a job': IT graduate shares emotional note on unemploymentRutuja, an IT graduate from India, shared her journey of job search struggles after engineering. She found an old note that brought back me...- Women's reservation idea a century old, says ModiNarendra Modi urged swift implementation of the Nari Shakti Vandan Adhiniyam, calling it a long-considered reform with historical roots and...
- New window will defeat demonetisation reform, government likely to tell Supreme CourtSenior government officials told ET that opening another window for exchanging old notes may lead to “many abuses” of the facility.
- Exchange old notes for new at a premiumNRIs, who were allowed to exchange old notes till June 30 this year, are being offered a handsome commission for exchanging these scrapped ...
- No grace period for depositing old notes, Government tells Supreme CourtIn its affidavit, the ministry said the initial notification did not give anyone the right to seek exchange or deposit of the bank notes af...
- Old notes: RBI closes window for Indians abroad; NRIs can exchange till June 30Additional time period of three months is available to non-resident Indians (NRIs) with a rider of exchange of Rs 25,000 per individual.
- SC to Modi govt: Why not give March 31 extension to all to deposit old notesUnder the December 30 ordinance, only those who missed the December 30 deadline because they were travelling abroad could deposit old notes...
- View: Modi and the sunk cost fallacyThe government has pegged 2016-17 GDP growth at 6.5% and revised downward the 2017-18 growth rate.
- Bank staff colluded to exchange old notes worth Rs 71.5 crore: GovernmentThe highest over Rs 46.29 crore was transacted through 3 branches of Axis Bank, in which 3 employees have been suspended, he informed the h...
- Currency-to-GDP ratio to reach 9 per cent by March end: Nomura"In our view, this will be sufficient to stabilise activity since some part of the earlier cash was hoarded and partly due to a larger digi...
- RBI turns away people wanting to exchange old notesIndians who were abroad during November 9 to December 30 have been given a 3-month grace period till March 31 to deposit the junked notes.
- Public protests outside RBI offices after being prevented from exchanging old notesOn December 30, president Pranab Mukherjee signed the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 which extinguished li...
- Banned Indian notes with special numbers could fetch a fortune, Indian expats toldThe collector will never make a loss, said the 36-year-old numismatist who is fond of rare notes and has been collecting them from last 15 ...
- Up to Rs 50,000 fine for holding old notes after December 30The penalties have been set out to prevent exploitative distribution of old money as wages and payments to the poor.
- Modi government okays ordinance, makes it illegal to hold old notes post March 31The ordinance also seeks to make possession of more than ten notes of Rs 500 or Rs 1000 a penal offence.
- Cabinet may consider ordinance on old notesSources in the govt said the ordinance is being brought as it was found to be necessary to prevent future litigations against the govt for ...
- Demonetised notes seized in searches should be invested in FDs: High CourtThe bench said that undisputed amount in old notes should be invested in nationalised banks as fixed deposit (FD) before December 30.
- Deposit banned notes in one go to escape queries: Finance Minister Arun JaitleyJaitley said all exemptions ended last week and all those in possession of the old notes are supposed to deposit them with banks.
- Demonetisation: Use of old notes ups sales of key medicinesRetailers say people used old Rs 500 and Rs 1000 notes to buy such medicines which are used regularly and hence their stocks can be used fo...
- Now, get interest on exchange of old notesNow if you have Rs 1crore in cash, there are people willing to take the money off your hands and give you an interest of 6-8% after a year.
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