Top 5 news at 1 PM on Nov 18: Govt opposition fight in parliament over currency ban, Cash exchange limit down to Rs 2000 and more

Both Houses of Indian Parliament are set for another showdown on Friday as the opposition asks for more clarification from the government regarding scrapping of high value currency notes.

1. Parliament Live, Winter Session Day 3 | Currency ban debate: Houses in limbo as govt-opposition fight over PM speech, Nabi's comment

Both Houses of Indian Parliament – Rajya Sabha and Lok Sabha are set for another rocky day on Friday as the demands from opposition for government’s clarification on demonetisation of Rs 500 and Rs 1000 currency notes refuse to die down.

2. Currency overhaul rules for the day: Cash exchange limit down to Rs 2,000; families with weddings can draw Rs 2.5 lakh

After scrapping of Rs 500 and Rs 1000 currency notes, Economic Affairs Secretary on Thursday announced a fresh set of rules for demonetisation process in India.

3. Demonetisation decision not well thought out, says Arun Shourie

Former Disinvestment Minister Arun Shourie on Thursday criticised the Prime Minister Narendra Modi’s decision and implementation of demonetisation of Rs 500 and Rs 1,000 currency notes.

4. EC requests Finance Minister to not use indelible ink for cash exchange

Election Commission on Friday wrote to Finance Ministry to request them not to use indelible ink for identifying and marking over-the-counter cash exchange customers.

5. Demonetisation: Long queues continue at banks; dysfunctional ATMs creating chaos

Chaotic scenes could still be seen at banks and ATMs as people queued up for hours to get valid currency notes to meet their daily expenses, even as the government on Thursday lowered the exchange limit of defunct bills and eased certain restrictions on withdrawal norms.