Read why ATMs, PM & L&T made news this week

THE ECONOMIC TIMES Sat, Nov 26, 2016 | 02:10 PM IST Weekly News Platter

Why your ATM has more Rs 2,000 & less of 500 notes RBI officials, upset about the perception central bank is struggling with demonetisaion, said they "have no control over the supply of 500 notes." readmore PM's survey results: 90% back ban on Rs 500, Rs 1,000 notes Around 90 per cent respondents think that the Modi government's move to tackle corruption is brilliant. 73% gave it a five-star — or brilliant — rating. L&T sheds 14,000 employees from its workforce The $16-billion diversified conglomerate said on Tuesday that the step was an attempt to "right size" its strength in the face of business slowdown.

Editor's Pick 50% of IT cos will lose part of their work: Automation may take bulk of deals As deals from Citigroup to BNP Paribas go up for rebid, companies from Infosys to IBM have said they expect cuts on their current contracts. Tata-Mistry battle: Why Mehli evokes strong reactions from both sides "Mehli & Cyrus had grown up together. Their relationship was cordial till about a few years ago. Everything changed once Cyrus became Tata Group chairman." 50% tax, cap on cash use in new disclosure plan  Anyone not availing of this scheme and gets subsequently caught with unreported income will face a higher penalty. This could be over 60%. Why property is likely to be cheaper after demonetisation For buyers, this could be a great chance to get a deal, especially in ready to move-in plans, as real estate prices are likely to face a downward pressure.

Most Popular This Week Urjit Patel missing in action as PM Modi escalates war on cash This is just the beginning, says Modi on demonetisation drive Housing prices to drop up to 30%, wiping Rs 8 lakh crore in value Cash ban is like shooting at the tyres of a racing car: Drèze RBI's challenge: How to get rid of banned notes 300 times the height of Mt Everest

Story of The Week A role reversal in Rajya Sabha: Manmohan Modi and Narendra Singh? Just when he began his speech, Manmohan Singh made it clear it was not the passive, silent Manmohan of his prime-ministerial days but a confident leader. read more

Money Wealthy solutions: How to make the most of your idle cash The easiest way to deploy your bank balance is to open an FD. Interest earned on fixed deposits is fully taxable at the normal rate applicable to the investor. Humility will decide your next increment Humility is making a quiet entry as one of the virtues at workplace with some companies including it in their performance management system.

Stock Round Up Cash ban a lab experiment, will hit small, midcap stocks hard: Shankar Sharma The consumption-related theme, which was considered a better bet before the note ban decision, could come under some pressure in the near term, said Sharma.

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