Sensitise people about benefits of demonetisation, Modi tells NDA MPs

Sensitise people about benefits of demonetisation, Modi tells NDA MPs

Prime Minister Narendra Modi asked NDA parliamentarians to reach out to people over the government’s demonitisation move and explain to them decisions taken by the Reserve Bank of India and Finance Ministry to negate charges being levelled by the opposition, said informed sources. Sources said a communication has been sent by the BJP parliamentary party, […]

TDP MP offers his kidney to Sushma Swaraj

TDP MP offers his kidney to Sushma Swaraj

Telugu Desam Party (TDP) MP Rayapati Sambasiva Rao on Friday offered his kidney to External Affairs Minister Sushma Swaraj, who is suffering from kidney failure and on the lookout for a suitable donor. In a letter to Sushma Swaraj, Rao said: “I am very sorry to hear about your health problems and that you have […]

SC no to stay, for now, on demonetisation challenge in lower courts

SC no to stay, for now, on demonetisation challenge in lower courts

The Supreme Court on Friday refused to stay, for now, the petitions against demonetisation pending before different High Courts and subordinate courts. “It indicates the magnitude of the problem is serious. People are going to the High Courts for relief. This is a serious issue. Let them go,” said a bench of Chief Justice T.S. […]

People continue to battle cash crunch in banks, ATMs

People continue to battle cash crunch in banks, ATMs

People hustled in long queues outside banks and ATMs on Friday, struggling to get cash for their daily expenses on the ninth consecutive day since the government announced the spiking of high value currency notes. People were seen standing outside banks and teller machines since early morning to get cash or deposit or exchange the […]

Demonetisation creates no panic in Kashmir

Demonetisation creates no panic in Kashmir

As the rest of the country remains in a turmoil due to the demonetisation of the 500 and 1,000 rupees currency notes, people in Kashmir have accepted the move without any panic. “No common Kashmiri keeps large amounts of cash at home because of the disturbed situation,” said Elizabeth Maryam who teaches economics in Kashmir […]

India denies Pakistan’s claim of killing its soldiers

India denies Pakistan’s claim of killing its soldiers

Indian Army on Thursday denied Pakistan’s claim of killing its soldiers after Pakistani Army Chief Raheel Sharif said 11 Indian soldiers were killed in cross border firing on November 14. “No fatal casualties due to Pak firing on 14, 15 or 16 Nov. Pak Army Chief claim of killing Indian soldiers on 14 Nov false,” […]

Mulayam revokes Ram Gopal Yadav’s expulsion, all posts restored

Mulayam revokes Ram Gopal Yadav’s expulsion, all posts restored

The Samajwadi Party (SP) on Thursday revoked the six-year expulsion of senior leader and Rajya Sabha MP Ram Gopal Yadav. The decision was taken by SP chief Mulayam Singh Yadav. Ram Gopal would also continue to be the leader of the SP parliamentary group in the Rajya Sabha and also remain the national general secretary […]

Say how you will deal with cash chaos: SC to government

Say how you will deal with cash chaos: SC to government

The Supreme Court on Tuesday asked the Centre to explain the steps it has taken or will take to deal with the chaos outside banks and ATMs following the demonetisation move and observed that people should not suffer. Asking the Centre to file reply without formally issuing notice, the bench of Chief Justice T.S. Thakur […]

Indelible ink to prevent multiple cash withdrawals

Indelible ink to prevent multiple cash withdrawals

Indelible ink will henceforth be used, as is done during elections, to prevent people from making cash withdrawals more than the permissible limit from bank counters, the government announced on Tuesday. Economic Affairs Secretary Shaktikanta Das told the media that Prime Minister Narendra Modi held a second review meeting on demonetisation with officials of the […]

Paytm adding million-plus customers each day: Founder

Paytm adding million-plus customers each day: Founder

The government’s decision to demonetise Rs 500 and Rs 1,000 rupee notes has changed the market dynamics for Paytm, which is adding million-plus subscribers a day, says the company’s founder Vijay Shekhar Sharma. “Not just this, what we are more excited about is number of transactions active subscribers — people who are actively transacting,” Sharma […]