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News at a Glance


A New levy to be imposed on domestic flights: flight fares to go up

In order to provide for the project to linking all important parts of the country by air, the department of domestic aviation has decided to impose a new Excise Tax for all domestic flight services.

Posted On :11/Nov/2016 4:54:36 PM

Banks struggle to cope with increasing demand

With exorbitant increase in demand, the bank branches in Chennai started shutting down, as the currency chests also started running dry.At Parrys, Triplicane, Anna Salai, Nandanam and Velachery, the bank branches of SBI,

Posted On :11/Nov/2016 4:37:36 PM

There is a reason for ATMs still being non-functional. Know it here

Following a nationwide shutdown for two days, all banks and ATMS are supposed to make available the new currency notes of denominations 500 and 2000 from today. However, most people are seen standing in long.

Posted On :11/Nov/2016 3:51:05 PM

Banks make special arrangements to cater to customers needs

Banks have made special arrangements for the customers to get their old Rs 500 and Rs 1000 notes. On this ground, the largest bank in India, SBI has announced that all its bank branches will be functional today.

Posted On :11/Nov/2016 3:21:46 PM

ATMs will take more to dispense Rs. 2000 notes

In one of the historical reforms of the economy of India, Rs 500 and Rs 1,000 notes were banned effective Tuesday midnight. The public are exchanging the banned notes in banks and post offices.

Posted On :11/Nov/2016 1:03:49 PM

Rs 480 Crores new currencies were distributed: RBI

RBI�s Regional Director, Chennai, J.Sadakkadulla has mentioned that in lieu of void Rs 500 and Rs 1000 notes, Rs 480 Crores new currencies were distributed. He while speaking to the media said.

Posted On :11/Nov/2016 12:58:13 PM

Private and government banks to be functional till 8pm

Facilitating the customers� needs to get their old Rs 500 and Rs 1000 notes, the Reserve Bank of India has made all banks across the country functional on Saturday and Sunday (tomorrow and day after tomorrow).

Posted On :11/Nov/2016 12:46:31 PM

Beware of IT Department while depositing black money

When asked the income tax officials that whether the people who deposit Rs 500 and Rs 1000 in various banks, will they escape the wrath of IT department.The government has mentioned that to exchange the now defunct Rs. 500 and Rs. 1,000

Posted On :11/Nov/2016 11:25:14 AM

Non-functional ATM centres disappoint customers

In a time when people believed their troubles and hassles will get solved today, as all ATMs will shed the new Rs 500 and Rs 2000 notes, there seems to be disappointments at most places the reason being ATM centres.

Posted On :11/Nov/2016 11:10:37 AM

ATMs charges of other banks waived off

Following the demonetization of Rs 500 and 1,000 bank notes, the central government has ordered the waival off ATM charges of other banks.Following the demonetization of Rs 500 and 1,000 banknotes by the Prime Minister.

Posted On :11/Nov/2016 10:33:32 AM