Top stories on 23rd May: Banks to start exchange of Rs 2,000 notes, Q4 Earnings Today, PM Modi’s Australia address, Motorola Edge 40 launch & more

Produced by: Prashanti Moktan
Designed by: Mohsin Shaikh

The process for exchanging Rs 2,000 notes at banks begins today (May 23). The process will go on till September 30. However, Rs 2,000 notes will continue to be legal tender

How To Exchange
Rs 2,000 notes

The exchange of Rs 2,000 notes can be made up to a limit of Rs 20,000 at a time at any bank, as per the RBI. Up to this limit, there is no requirement for a requisition slip at any bank

Exchange of Rs 2,000
notes: Amount Limit

HDFC Bank informed its customers that exchange of Rs 2,000 notes can be done at any branch from May 23 until September 30 with a per day limit of Rs. 20,000. SBI also assured its customers of hassle-free exchange while stating there was no requirement for requisition slip or ID proof like PAN or Aadhaar for exchanging Rs 2,000 notes up to Rs 20,000

SBI, HDFC Bank on Rs 2,000
notes exchange

Gold price will be in focus as the exchange for Rs 2,000 notes is set to start today at banks and in the past few days, jewellers have reported an increase in buying gold jewellery using Rs 2,000 notes.  However, All India Gems and Jewellery Domestic Council (GJC) said that unlike demonetisation in 2016, there is no panic buying of gold now

Gold Price Today

Ashok Leyland, JSW Energy, Biocon, Bikaji Foods International, Bajaj Electricals, Metro Brands, Fortis Healthcare and Kirloskar Industries are among the companies that will also announce their quarterly earnings today (May 23)

Q4 Earnings Today: Ashok
Leyland, Biocon & More

Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices today remained stable

Petrol, Diesel Price today

During his ongoing visit to Australia, Prime Minister Narendra Modi along with Australian PM Anthony Albanese will attend a community event in Sydney to celebrate Australia's Indian diaspora. PM Modi will also have constructive engagements with Australian leadership and business community during his 2-day visit

PM Modi to address
Australia’s Indian diaspora

World’s thinnest 5G smartphone Motorola Edge 40 will be launched in India today. Price of Motorola Edge 40 is expected to be Rs 27,999 as per its listing on Flipkart

Motorola Edge 40: World’s
thinnest 5G smartphone

Hardik Pandya-led Gujarat Titans is set to go up against MS Dhoni-led Chennai Super Kings in IPL 2023’s Qualifier 1 at 7:30 pm tonight

IPL Qualifier 1: GT vs CSK