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....
...
...
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. ...
While there is no clarity on the fate of the withdrawn Indian currency notes of Rs 500 and Rs 1,000 denominations in Nepal, new Indian Rs 500 and Rs 2,000 bank notes are deemed illegal and banned for exchange, Nepal's central bank said on Thursday....
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....
...