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In refusing to accept its failure, the government has sowed the seeds of further damage: by keeping India short of cash; reducing the headroom for responses to seasonal spikes in cash demand; and increasing the chances that groups will panic at temporary cash shortages, says Mihir Sharma.
Aseem Chhabra's recommendations for the Mumbai film festival.
Nigerian international Odion Ighalo scored twice as a buoyant Watford won 3-0 at home to Liverpool to consolidate seventh position in the Premier League, only one point behind the top four.
Williams on Monday appointed Karun Chandhok as its 'heritage driver', a role that will see him behind the wheels of the team's historic Formula One cars for testing and exhibition purpose.
Here's a collection of some of the best photos from around the world shot in the last 24 hours.
Hockey India League (HIL), on Wednesday, appointed Todd Faulds as its Director Competitions for the second edition of the League, which is scheduled to be held from January 23 to February 23 next year.
East Bengal suffered their third defeat in a row to be on eight points from seven matches.
As investors try to second-guess the US Fed, corporate and election results could have a bearing on market direction
Pranati Rai Prakash is a bundlehouse of talent.
In the third of a six-part series T E Narasimhan finds out how the hub of India's firecrackers industry is coping after more than a month of the note ban.
'I have never had a foul experience in the industry.' 'There are rotten apples everywhere, in your family, relatives, friends circle, colleagues...' 'It's very vulnerable because of the glamour, but it's very heartbreaking to hear bad things about the industry.' 'It's not such a bad place.'
Unless supported by investment, any spark of a recovery could be temporary, hint economists.
India Inc expects the RBI to cut interest rates by early next year.
'Ultimately if your aim is that you need to be able to deal with a security situation, you need to deal with a black money situation, you need to deal with a counterfeiting situation then, to that extent, I think everyone will need to able to tolerate a little bit of inconvenience.'
When Russia and Saudi Arabia meet on Thursday form will be irrelevant as the world's biggest sporting festival explodes into life in Moscow.
While retail sales at dealerships have suffered the full impact of demonetisation, the growth in wholesale volumes comes as dealers had relatively lower inventory after Diwali in October.
After raising $2.5 billion from SoftBank's Masayoshi Son and his Vision Fund, Sachin Bansal and Binny Bansal are back in the driving seat at Flipkart, the company they founded over a decade ago.
'Most investors are still waiting for the winners to correct.'
Paris-based international advisory firm Mazars predicts four per cent growth in India's automobile sector this financial year.
The company is currently selling an average 2,000 units each month.
Christmas is a perfect time for most NRIs to travel back to India and include property buying in their schedule. Ahmedabad, Kochi, Ludhiana and Chandigarh are some cities that witness generous investments from NRI investors.
The most happening Windows-based laptops and smartphones that you can gift to your loved ones this Diwali!
Estimates by retail consultancy Technopak suggest that direct subsidy to consumers because of e-commerce this year would be over Rs 12,000 crore.
Christmas is around the corner and the White House is all ready to bring in the festival with lights and decorations. This year's holiday decorations at the White House, the Obamas' last, have the theme 'The Gift of the Holidays.'
Online shopping is becoming an obsession, a distraction and a cause of distress for a rising number of Indians. Are you a Compulsive Online Purchaser?
Are you touching your skin too often? Ignoring sweat?
Ashish Narsale lists the features of the phones that are the rage this festive season.
Take the poll and tell us which Hollywood celeb pulled off Indian wear better.
'The TMC did not bother telling me, a sitting MLA for 20 years, why I was not being given a ticket.'
Chennaiites are proud that they are a culture-loving people.
India's gold imports could pick up in the next few months after slumping 81 percent in June as falling prices spur buying, a government source said, adding to New Delhi's anxiety over a record-low rupee and a wide current account deficit.
'There is never a safe choice in the movie business.' 'Everything is chance.'
The spirit of Christmas is on show in streets across the world, with Christmas lights displays popping up in people's front yards.
They are new in the industry, but can give the seasoned models a run for their money.
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