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AAP on Monday said that Prime Minister Narendra Modi has truly turned the country cashless as neither people have cash nor the ATMs. (Photo: PTI)

Salary time: RBI injects 4 times more cash into system

Twenty two days after note ban was imposed, banks still grapple with insufficient cash.

1 Dec 2016 11:23 AM IST

Firms with net worth of Rs 25 crore could operate 51 to 200 cash vans and companies with net worth of Rs 100 crore can operate more than 500 cash vans, the IBA said. (Photo: Representational Image)

No use of Rs 500 notes at petrol pumps, for air tickets after Dec 2

Govt had earlier allowed use of these notes for the purpose till December 15.

1 Dec 2016 10:42 AM IST

A picture of Jagga Jasoos.

Ranbir-Katrina asked to keep differences aside to promote Jagga...

The professionalism of the two actors was appreciated when pictures of the two shooting together were out.

1 Dec 2016 10:41 AM IST

Bombay Stock Exchange

Sensex continues winning streak, up 116 points on GDP data

The 30-share index, which had gained 792.64 points in the previous four sessions, was up 116.51 points at 26,769.32.

1 Dec 2016 10:12 AM IST

Salman Khan becomes face of BMC's Swachh Bharat Mission

Salman had reportedly expressed concern about open defecation in front of his home near Bandstand in Bandra.

1 Dec 2016 9:56 AM IST

On Wednesday, the rupee had continued its strong recovery for the second day, surging by 27 paise to close at 68.38 against the US currency.

Rupee softens 13 paise against dollar in early trade

Dealers attributed the rupee's fall to the dollar's strength against some other currencies overseas.

1 Dec 2016 9:53 AM IST

AAP on Monday said that Prime Minister Narendra Modi has truly turned the country cashless as neither people have cash nor the ATMs. (Photo: PTI)

Demonetisation: On first payday, long queues as ATMs, banks run out of...

One of the major reasons for the cash crunch was that not enough new notes of Rs 500 have been issued by RBI so far.

1 Dec 2016 9:26 AM IST

Tata Steel Independent Director, Nusli Wadia (Photo: PTI)

Nusli Wadia to go ahead with defamation cases against Tatas

On November 24, the salt-to-software conglomerate had asked the Wadia group chairman to withdraw his legal notice.

1 Dec 2016 9:18 AM IST

There are over 1.4 million PoS machines deployed in the market. (Representational Image)

Top ATM maker Diebold seeks to cash in on demonetisation

Diebold has an ATM plant and an R&D centre in Goa with an annual volume of 1 lakh machines

30 Nov 2016 8:45 PM IST

Maharashtra Chief Minister Devendra Fadanvis with Shiv Sena President Uddhav Thackeray (Photo: PTI)

Fools linking BJP's civic polls victory to demonetisation: Shiv Sena

The NDA partner also took a swipe at the BJP for having its campaign spearheaded by Chief Minister Devendra Fadnavis.

30 Nov 2016 8:29 PM IST

The RBI will continue to work to ensure that there are no market disruptions because of the redemptions through domestic liquidity operations and forex interventions.

RBI's CRR move to put monthly burden of Rs 1,050 cr on banks

The move, which is temporary in nature, does not impair the longer term profitability of banks.

30 Nov 2016 7:46 PM IST

The court had earlier issued non-bailable warrants against Kingfisher Airlines, its chairman Mallya and Raghunathan on the ground of dishonouring the two cheques. (Photo: Representational Image)

Mallya jet: Service Tax Dept weighs another round of auction

The joint pricing committee of the department had lowered the reserve price of the plane to USD 12.5 million.

30 Nov 2016 7:07 PM IST