notes

Industrial workers in India to get cashless payments

Industrial workers in India to get cashless payments

December 13, 2016

As India is witnessing a spurt in digital payments after high-denomination currency notes were discontinued in early November this year, the government has now made it obligatory for contractors and employers to pay industrial workers through cheques or any other form of cashless...

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Indian government relaxes withdrawal norms

Indian government relaxes withdrawal norms

November 18, 2016

As demonetisation of INR 500 and INR 1,000 currency notes in India left the people with insufficient money to trade for daily necessities, the government has announced relaxations for farmers, families celebrating weddings, government employees and agricultural traders.

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Indian PM seeks support of perturbed citizens

Indian PM seeks support of perturbed citizens

November 15, 2016

As India is in a state of turmoil after demonetisation of INR 500 and INR 1000 currency bills in the country, Prime Minister Narendra Modi addressed the citizens from Goa asking people for their support and to give him some time to settle the chaos.

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Demonetisation of currency bills causes chaos within India and beyond

Demonetisation of currency bills causes chaos within India and beyond

November 11, 2016

The sudden announcement by Indian Prime Minister Narendra Modi on the new measure of demonetisation to deal with black money and fake currency bills has left the country divided.

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