PM Narendra Modi's move on Nov. 8 was aimed at cracking down on corruption and flushing out funds stashed away in India's "black economy". But the cancellation of 500 and 1,000 rupee notes, more than 80 percent of currency in circulation, threatens to push Asia's third-largest economy into a liquidity crisis.
Rescuers on Monday called off a search of the mangled carriages of a derailed train after pulling more bodies from the wreckage, taking to at least 146 the number of passengers killed in the disaster.
India spinners Ravichandran Ashwin and Jayant Yadav claimed three wickets apiece in the second innings to lead the hosts to a comfortable 246-run win in the second test against England on Monday and a 1-0 lead in the five-match series.
NEW DELHI The Indian government has allowed farmers to purchase seeds with old 500 rupee banknote from state-run outlets, the finance ministry said in a statement on Monday.
VISAKHAPATNAM, India India spinners Ravichandran Ashwin and Jayant Yadav claimed three wickets apiece in the second innings to lead the hosts to a comfortable 246-run win in the second test against England on Monday and a 1-0 lead in the five-match series.
The Dow, S&P 500 and the Nasdaq hit record intraday highs on Monday as Apple and Facebook propelled technology shares and oil prices boosted energy stocks.
VATICAN CITY Pope Francis on Monday extended indefinitely to all Roman Catholic priests the power to forgive abortion, a right previously reserved for bishops or special confessors in most parts of the world.
PUKHRAYAN, India/NEW DELHI Indian rescuers on Monday called off a search of the mangled carriages of a derailed train after pulling more bodies from the wreckage, taking to at least 146 the number of passengers killed in the disaster.
MUMBAI Reserve Bank of India said on Monday that people can withdraw up to 250,000 rupees ($3,670) for wedding related expenses, provided they submit adequate proof and the wedding is on or before Dec. 30.
|
| Name | Yield | Change |
|---|---|---|
| INR 10YR |
+6.304
|
-0.124 |
| US 10YR |
+2.328
|
-0.009 |
| JP 10YR |
+0.034
|
+0.006 |
| Name | INR | USD | EUR |
|---|---|---|---|
| INR | 1 | 68.2355 | 72.1690 |
| USD | 0.0147 | 1 | 1.0585 |
| EUR | 0.0138 | 0.9447 | 1 |
| Index | Last | Chg |
|---|---|---|
| Gold |
1,207.80
USD
|
-8.70
Exp: Nov2016
|
| Copper |
2.51
USD
|
+0.05
Exp: Nov2016
|
| Brent Crude |
48.96
USD
|
+2.10
Exp: Nov2016
|
