From Friday, you need not queue up at a bank for your daily cash. You can simply walk into a petrol pump run by state-run oil companies and get up to Rs 2,000 by swiping your debit card where POS machines are available.
A group of Pakistani lawmakers has expressed concern that Beijing could eventually use the $46 billion China-Pakistan Economic Corridor (CPEC) to boost its trade with India. The 2442km corridor stretches from the Chinese border to Pakistan's Gwadar port on the Arabian Sea.
Bill Gates said that digital payments can transform the lives of poor, and if demonetisation helps quicken digitisation, the temporary pains may be worth going through. "India is pushing towards digitisation in a big way," he said.
One what could be called the first case of fraud involving new currency notes in Madhya Pradesh, four school children duped a milk parlour operator in Shajapur by purchasing products with photocopied note of Rs 2000 denomination on Thursday.
Yamuna Expressway Industrial Development Authority (YEIDA) on Thursday issued a reservation letter to Yoga Guru Baba Ramdev for setting up a manufacturing unit — Patanjali Ayurved—in its area. YEIDA has also received nearly Rs 30 crores from the Yog guru towards the allotment. The Uttar Pradesh Chief Minister Akhilesh Yadav is likely to lay the foundation stone for the facility on Nov 30.
Apple has announced biggest-ever price drop for its smartphones in India. Under the new pricing, iPhone 6S (128GB), carying an MRP of Rs 82,000, will now be available at an MRP of Rs 60,000. iPhone 6s Plus (128GB) will now be available at an MRP of Rs 70,000, the smartphone too has received a price cut of Rs 22,000. Apple's 4-inch smartphone iPhone SE, too has got a price cut. The 64GB version of iPhone SE will now be available at Rs 44,000.
Djokovic vented his frustrations to tournament supervisor Tom Barnes before finally focusing on the match and, while conceding he sometimes takes too long between points, he insisted the officials should take a softer approach before handing out warnings.
Corporate profits for the third quarter will be adversely impacted by the Centre's move to demonetise Rs 500 and Rs 1,000 notes with sectors such as automobile, FMCG, retail, consumer durables expected to be hit, says a report.
Market benchmark Sensex slumped over 71 points in choppy trade on Thursday to hit about six-month low of 26,228, falling for the fourth straight session, amid lingering worries about the economic impact of demonetisation. Nifty too dipped below the key 8,100-level.
Breaking a four-day downtrend, the rupee on Thursday staged a smart rebound against the US dollar to end higher by 12 paise at 67.82 on fresh selling of the greenback by exporters and banks. Softer dollar tone overseas and some caution ahead of Fed Chair Yellen's testimony due later on the day largely supported the upmove.
Not many know that Bipasha Basu likes variation when it comes to her diet. Her abs and toned body may give fitness goals to everyone but surprisingly, she never sticks to a diet or an exercise regimen.