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The withdrawal of Rs 2000 notes is creating panic. Some are rushing to buy luxury watches and gold; others are donating to temples and spending on mangoes and food delivery
The gold market in India is seeing a spurt in sales and it can thank the RBI for it. The central bank’s decision to withdraw the Rs 2000 note from circulation by 30 September has prompted people to buy more gold – with most stores reporting a 20 per cent rise in purchases
Jewellery sale has risen marginally after the central bank's move to withdraw Rs 2,000 notes from circulation, but it can't be compared with the 2016 rush when Rs 500 and Rs 1,000 notes were discontinued, say jewellers.
In the incident, three coordinated bomb blasts in Zaveri Bazaar, Opera House and Dadar's Kabutarkhana had killed 26 persons and injured 130 others.
The accused, Noor Mohammed Shaha, a resident of Gujarat but originally from Uttar Pradesh, was arrested from Bhiwandi, where he was in hiding.