Rs 1000 Notes

RBI and its broken promise: Is there no sanctity to the promissory notes?

The draconian punishments announced for keeping more than 10 notes of demonetised currency including a four-year jail sentence seems to be a defence mechanism to discourage any trigger happy Public Interest Litigator from suing the Reserve Bank of India (RBI) for breaking its promise.

In the time of demonetisation, it is the small change that comes to the rescue

The Income Tax Department may not tax, penalise or even frown at much of the hoarded money that is coming out — it is the small change, in coins, of Re 1, Rs 2, 5, and 10.

You can use older Rs 500 note for prepaid mobile recharges till 15 December

Cellular operators association COAI on Thursday said government's decision to allow old Rs 500 notes to be used for prepaid mobile recharges will address difficulties being faced by consumers, and allow them to continue using mobile services without disruption.

Demonetisation gold pot: Will it all end up as an 'accounting adjustment' for RBI?

Banks will be the biggest beneficiaries with deposits coming in large quantities leading to surplus liquidity in the system.

Demonetisation: In times of cash crunch, jugaad comes to the rescue

In the last one week, India — in its big cities, small towns and villages — is in a state of flux. In the times of demonetisation, desh badal raha hai.

Explaining demonetisation: An open letter to Arvind Kejriwal from CA Mehul Shah

An open letter to Arvind Kejriwal by CA Mehul Shah explaining the probable logic behind issuing new Rs 2,000 note instead of Rs 1,000.

Demonetisation: Move over bhakts and trolls, citizens want unprejudiced debate, reliable info

Pained by the insults that the friends and foes of Narendra Modi are heaping on each other over his move to flush out black money, here are two separate notes to them begging for ceasefire.

Rs 500, Rs 1,000 note ban: Problems will persist, but keep the pressure on the banks

It’s okay, everyone will manage. Just keep the pressure on the banks so that a good effort is not ruined.

Rs 500, Rs 1,000 notes crackdown: To think your currency is now worthless paper is foolish

After PM Modi’s announcement, social media is having a field day showing images of Rs 500 and Rs 1,000 notes being used to wrap food items and even as toilet paper.