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 […]

Senior citizen dies while queued up at Hyderabad bank

Senior citizen dies while queued up at Hyderabad bank

An elderly man died while waiting in a queue to change withdrawn currency notes at a bank here on Tuesday. Lakshminarayana, 75, collapsed and died while waiting in a long queue for over two hours at Andhra Bank branch in Marredpally in Secunderabad, the twin city of Hyderabad. He was rushed to a hospital, where […]

President confers National Child Awards on Children’s Day

President confers National Child Awards on Children’s Day

Teenage paralympic swimmer Kumari Revathi Nayka and chess player Dev Shah were among the recipients of the National Child Awards, which President Pranab Mukherjee conferred on Monday at Rashtrapati Bhavan here on Children’s Day. The awards were given to 31 children, three individuals and five institutions in the categories of ‘National Child Award for Exceptional […]

Lalu reminds Modi of his Rs 15 lakh promise

Lalu reminds Modi of his Rs 15 lakh promise

RJD leader Lalu Prasad on Monday targeted Prime Minister Narendra Modi over the demonetisation and wondered when he would deliver his election promise of giving every Indian Rs 15 lakh from the black money seized from foreign banks. Referring to Modi’s appeal to people to bear with the currency crisis for another 50 days, Lalu […]