DEMONETISATION
Has RBI announced 'new rules' for exchanging old Rs 500 & Rs 1,000 currency notes?
Social media claims about the Reserve Bank of India allowing exchange of old Rs 500 and Rs 1000 notes are false. The official website of the RBI remains the most reliable place to check for any announcements related to currency, banking regulations or exchange facilities. People are advised to rely only on official sources for such updates.
Kanimozhi, Shashi Tharoor & Kalyan Banerjee reject women’s quota bill as a cover for delimitation push
Opposition parties are strongly opposing a new bill that links women's reservation to delimitation. They argue this move unfairly impacts several states, particularly in the South. Leaders from DMK and Congress have voiced concerns, calling it a political ploy. The government's assurance of a uniform seat increase is not convincing them.
Rahul Gandhi uses ‘3Ms’ — marriage, magician, and Modi — to attack govt on Delimitation Bill: Key highlights
Rahul Gandhi criticized the government's delimitation proposal, calling Prime Minister Modi a "magician" who has run out of tricks. He alleged the move was a panic reaction to change India's electoral map and project a pro-women image, accusing the government of trying to deny representation to OBCs.
'Magician has lost his tricks': Rahul Gandhi takes a jibe at 'PM Modi', calls 'Op Sindoor, demonetisation' failed tricks
Rahul Gandhi has raised an eyebrow at the government's claims of promoting women's empowerment, arguing that it serves more as a facade for altering India's electoral framework. He asserts that the bill is not a heartfelt reform but rather a strategic maneuver to delay OBC representation and weaken the voices of southern and northeastern regions.
Delimitation will turn out to be 'political demonetisation': Tharoor slams govt
Senior Congress leader Shashi Tharoor criticized the government's move to link women's reservation with delimitation, calling it "political demonetisation." He argued that this approach holds women's aspirations hostage to a complex administrative exercise. Tharoor asserted that women's reservation is ready for immediate implementation based on existing parliamentary strength, warning that delimitation could damage federalism.
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Consistent inflows in weak markets reflects investor maturity, says V Srivatsa, UTI AMC
Despite sustained FII selling, strong domestic mutual fund inflows are helping stabilise markets, reflecting a structural shift in investor behaviour. V Srivatsa of UTI AMC highlighted rising investor maturity, elevated mid- and small-cap valuations, and advised a balanced asset allocation with a tilt towards largecaps and hybrid funds amid global uncertainties.
Convene all-party meeting to discuss delimitation after April 29: Kharge to PM Modi
Congress president Mallikarjun Kharge has informed Prime Minister Narendra Modi that a useful discussion on the women's quota law is impossible without details on delimitation. He has requested an all-party meeting after the ongoing state elections conclude on April 29. Kharge believes the government is rushing the law's implementation for political gain.
Govt hurrying women's quota law implementation for political mileage: Congress chief Kharge to PM Modi
Congress chief Mallikarjun Kharge has written to Prime Minister Modi and said that the government has rushed with the women's reservation law for political gain, especially during the ongoing state elections. Kharge reiterated the demand for an all-party meeting post-April 29 to discuss delimitation, crucial for the law's implementation. He expressed concern over the government's lack of transparency and past actions.
Dhurandhar 2 box-office day 23: Ranveer Singh's spy drama collections dip further, earns Rs 6.70 crore
Dhurandhar 2: The Revenge, starring Ranveer Singh, continues its strong box office run, collecting ₹6.70 crore on its 23rd day. The action-packed spy drama's domestic gross has now reached ₹1,263.26 crore, with a net total of ₹1,055.12 crore, solidifying its blockbuster status.
After deleveraging Rs 215 crore in debt, JDMEHF bets big on healthcare’s future
Under Rhitik Jassar, JDMEHF's journey demonstrates disciplined resilience, a quality honed by crisis.
Deposited Rs 80 lakh cash during demonetisation: ITAT rejects property purchase claim, calls it unexplained income
A Surat businessman's Rs 80 lakh cash deposit during demonetisation was deemed unexplained by ITAT Surat. The tribunal rejected his claim of withdrawing funds for a property deal. The court found his explanation lacked evidence and defied normal business conduct. The businessman's appeal was dismissed, upholding the tax department's action.
Choosing 'Meghna Gulzar was my gravest misjudgement': Alia Bhatt's Raazi writer Harinder Singh Sikka slams director amid Dhurandhar 2 massive success
Harinder Sikka has recently criticised Meghna Gulzar for her adaptation of his novel Raazi, saying it changed the main character and weakened the story. His comments come at a time when Aditya Dhar's movie, Dhurandhar franchise, is seeing major box office success. Read on!
Dhurandhar 2 box-office day 17: Ranveer Singh’s spy thriller earns Rs 25 crore
Dhurandhar 2, starring Ranveer Singh, continues its phenomenal box office run, earning ₹25.65 crore on its 17th day. The film has shattered records, becoming the highest-earning Indian movie in North America and amassing over ₹1,523 crore worldwide. Achieving these milestones without holiday boosts and amidst a competitive IPL season highlights its exceptional appeal and historic success.
Dhurandhar 2 box-office report day 16: Ranveer Singh’s blockbuster improves after Friday dip, approaches Rs 1000 crore net in India
Dhurandhar 2: The Revenge continues its box office reign, crossing ₹900 crore net in India and ₹1,492.17 crore globally. The film has now become the top-grossing Indian movie in the North American market, surpassing Baahubali 2: The Conclusion. Its strong audience hold is evident with a surge in collections on its sixteenth day.
Dhurandhar 2 box-office report day 14: Ranveer Singh's film approaches Rs 1000 crore in India, crosses prequel's collection
Dhurandhar: The Revenge is performing exceptionally well at the box office. The film has crossed Rs 1,460 crore worldwide. Its domestic net collection has surpassed Rs 920 crore. The movie continues to draw audiences, maintaining strong momentum even after fourteen days. This spy action thriller is the concluding part of a two-part story.
Why ‘lockdown’ is trending in India: Fuel fears, rumours explained
Amidst speculation fueled by a Prime Minister's meeting with Chief Ministers and a reference to Covid-19, #Lockdown trends on X with fears of panic buying and oil shortages. The government denies any fuel scarcity, assuring citizens of ample shipments and robust supply lines, while emphasizing preparedness for global disruptions.
Harsh Goenka links demonetisation, pandemic, Gulf tensions with wedding analogy; users share funny 2031 scenarios
RPG Enterprises Chairman Harsh Goenka's wedding analogy vividly illustrates how major disruptions like demonetisation, the pandemic, and current geopolitical tensions have impacted daily life. His post, resonating widely online, sparked humorous user-generated scenarios for 2031, highlighting evolving challenges from digital dependence to subscription models and political interference.
Dhurandhar 2 day 2 box-office report: Ranveer Singh’s spy drama experiences a big drop, still collects Rs 96 crore
Dhurandhar 2 has achieved remarkable box-office success, earning ₹268 crore in its first two days. This espionage thriller, a sequel to the 2025 film, follows an Indian operative's missions in Karachi and his personal quest for justice. The film, inspired by geopolitical events, boasts an extensive cast and a lengthy runtime.
Stocks in news: Tata Motors PV, Hindalco, IDBI Bank, Waaree Energies, Adani Total Gas
Markets experienced a sharp decline on Friday, extending the ongoing corrective phase due to persistent geopolitical tensions. Analysts suggest any recovery will face significant resistance, advising investors to maintain caution and a selective trading approach. Several companies, including Tata Motors PV, Hindalco, and Adani Total Gas, are in focus due to recent news developments.
AI fakes about Iran-US war swirl on X despite policy crackdown
AI-created videos circulating on Elon Musk's X depict American soldiers captured by Iran, an Israeli city in ruins, and US embassies ablaze - a surge of lifelike deepfakes despite a policy crackdown to curb wartime disinformation. They include AI videos depicting a tearful American soldier inside a bombed-out embassy, captured US troops on their knees beside Iranian flags, and a destroyed US navy fleet.
Axis Bank ordered to pay ₹3.19 crore for refusing demonetised notes in 2016
Axis Bank must pay Procure Logistics Services Pvt Ltd Rs 3.19 crore. The National Consumer Disputes Redressal Commission found the bank deficient in service. Axis Bank refused to accept demonetised currency notes from the company during the 2016 demonetisation period. This refusal caused the company a direct and irreversible loss. The commission ordered payment with interest.
Palaniswami hits back at Stalin, alleges DMK is 'slave' to Congress party
AIADMK leader Edappadi K Palaniswami accused the ruling DMK of being subservient to its ally, the Congress. He criticized the DMK government as a failure and highlighted alleged crimes and drug prevalence. Palaniswami asserted the AIADMK's independence and its robust alliance for the upcoming polls, aiming to unseat the DMK.
Entry of foreign wine companies will expand the market and benefit us: Grover Vineyards’ Sumit Jaiswal
In an interview with ET Digital, Sumit Jaiswal, COO, Grover Vineyards, talks about the evolving trade landscape, how local players are working to redefine the country’s wine narrative, and the company’s future plans.
Unity Small Finance Bank likely to foray into housing finance business next fiscal, says Jaspal Bindra, Executive Chairman, Centrum Group
Unity Small Finance Bank, after missing out on Aviom India Housing Finance, is prioritizing strategic options over aggressive acquisitions. The bank plans to enter the housing finance business in the latter half of the year, focusing on affordable housing and micro-LAP, while also preparing for a public listing in approximately two to two-and-a-half years.
Cash craze: Currency in circulation touches record Rs 40 lakh crore
The amount of cash circulating in the economy has hit an all-time peak of Rs 40 lakh crore in January, after rising 11.1% year-on-year. Yet, interestingly, the cash-to-GDP ratio has dipped, suggesting that digital payments are playing a much bigger role than before.
Just one action, ‘Hold’, is enough to create sustainable wealth: 10 large-cap stocks from different sectors which fit the bill
The global financial crisis of 2008 crushed risk assets. Five years later, the US “taper tantrum” hit emerging market currencies and equities. Late 2016 saw demonetisation. Then came Covid in March 2020, slamming the markets. The Russia-Ukraine war in 2022 sparked fear, followed by the Adani-Hindenburg meltdown and, in the last year, the tariff tantrums. And before you could settle down, we have the AI crisis for the Indian software sector. See the pattern here? An event-shock hits stock prices, creating panic. But, in time, the shock wears off and the markets return to doing what they do.
New-age tech companies to comprise 8-10% of India's listed m-cap in 10 years: Investor Kunal Bahl
Indian new-age technology firms are set for significant growth. They are predicted to form 8-10% of the nation's listed market cap within ten years. This expansion is driven by economic formalization and digitisation.
Self-reporting of unexplained income in ITR to save 50%: A permanent Voluntary Disclosure of Income Scheme (VDIS) in Budget 2026?
Budget 2026 reshapes taxation of unexplained income. Self-reporting undisclosed income now attracts a 30% tax rate. This is a significant reduction from the previous 60% rate. Income detected by tax authorities faces a 200% penalty. This creates a compliance-first architecture. It rewards early disclosure with predictable costs. Concealment becomes financially punitive. This functions like a permanent disclosure scheme.
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