US President Barack Obama on Thursday asked Americans to reflect on what really unites them after a "noisy, passionate and sometimes divisive" election campaign in his last Thanksgiving Day message from the White House....
The Union government on Thursday defended its demonetisation decision as it told the Supreme Court that the move was aimed to unearth the parallel black economy which was adversely affecting the legitimate government revenues and to reduce the ratio of cash transactions....
According to the Ministry of Finance, Rs 1,000 notes would no longer be allowed to be used for the list of exemptions the government had announced. These notes can, however, be deposited in bank accounts....
Cash withdrawal concessions extended till Dec 15...
A huge wail of distress is being heard from small and medium business enterprises across India that have been hit hard by the demonetisation of high-value notes....
Two maoists were shot dead in a shootout with Kerala Thunderbolts, an elite commando force of the Kerala Police, on Thursday in a forest area near Nilambur in Malappuram district, an official said....
Former Prime Minister Manmohan Singh, a globally respected economist, on Thursday called the demonetisation drive a case of "organised loot and legalised plunder", warning that it will drag India's GDP by 2 percentage points....
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Hit hard by an unprecedented cash crunch, many banks are just refusing to let customers withdraw the Rs 24,000 they are entitled to every week as per RBI guidelines. ...