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Demonetisation impact

After ADB, India Ratings revises India's growth projection to 6.7% in FY18

After ADB, India Ratings revises India's growth projection to 6.7% in FY18

Wed, Sep 27, 2017

IndRa in its research report said that the combined effect of demonetisation and introduction of goods and services tax (GST) is proving to be more disruptive for the economy than was expected earlier.

Note ban has little impact on increments in FY17: Survey

Note ban has little impact on increments in FY17: Survey

Sun, Aug 06, 2017

Finance professionals within logistics and engineering sectors were offered the highest increment of 20% whereas retail saw the lowest 5% followed by telecom and BFSI.

Demonetisation Impact: Housing credit growth falls to 16% in FY17, says Icra

Demonetisation Impact: Housing credit growth falls to 16% in FY17, says Icra

Wed, Jun 21, 2017

The overall housing credit growth in India declined by 16% to Rs 14,400,00 crore in FY17 as compared to Rs 12,400,00 crore in FY16 on account of demonetisation in the second half of the last year, which resulted in decline in number of new project launches with investors deferring their purchase decisions.

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GDP disappointed, will GST be a surprise for Indian economy?

GDP disappointed, will GST be a surprise for Indian economy?

Thu, Jun 01, 2017

Ministry of Statistics & Programme Implementation on Wednesday released India's Gross Domestic Product (GDP) numbers for the quarter January-March 12017. It said that India's GDP for the fourth quarter stood at 6.1%. And, for the full financial year, GDP stood at 7.1%.

Govt has restored economic credibility of India, Arun Jaitley says

Govt has restored economic credibility of India, Arun Jaitley says

Thu, Jun 01, 2017

Finance Minister Arun Jaitley on Thursday said that the government has restored the economic credibility of India. Jaitley said that demonetisation created a new normal in economic system and that some slowdown was already seen in Indian economy before demonetisation.

Demonetisation Impact: GDP takes a hit, growth falls to 6.1% in Q4

Demonetisation Impact: GDP takes a hit, growth falls to 6.1% in Q4

Thu, Jun 01, 2017

This segment brings to you the most important news from India. Updates on Air India decisions, Stock market, PM Modi to inaugurate bullet train project. Watch full video to know more. About Zee Business --------------------------

Growth recovery ahead; policy rates to be on hold in June: Nomura

Growth recovery ahead; policy rates to be on hold in June: Nomura

Tue, May 30, 2017

GDP growth is expected to slow to 7.2% in January-March from 7.6% in the preceding quarter, but recovery is on the cards due to easier financial conditions, says a report.

Hindustan Unilever's Q4 net profit rises by 7% to Rs 1,183 crore

Hindustan Unilever's Q4 net profit rises by 7% to Rs 1,183 crore

Wed, May 17, 2017

For the full financial year, the company's domestic business grew by 4% with 1% underlying volume growth and EBITDA margin expanded by 38 basis points.

Hindustan Unilever Q4 preview: Will demonetisation continue to impact margins?

Hindustan Unilever Q4 preview: Will demonetisation continue to impact margins?

Wed, May 17, 2017

In the previous quarter, HUL's Q3FY17 net profit was up by just 7% to Rs 1,038 crore as against Rs 971.6 crore in Q3FY16.

India's growth to rebound to 7.2% after demonetisation disruptions: IMF

India's growth to rebound to 7.2% after demonetisation disruptions: IMF

Tue, May 09, 2017

"In India, growth is projected to rebound to 7.2 per cent in FY2017-18 and further to 7.7 per cent in FY2018-19," the IMF said.

Demonetisation still pulling Indian economy down

Demonetisation still pulling Indian economy down

Thu, Apr 20, 2017

Need to boost financial stability through full recognition of non-performing loans and raising public sector banks’ capital buffers, the rating agency said.

There is still room for banks to cut lending rates: RBI Governor Patel

There is still room for banks to cut lending rates: RBI Governor Patel

Thu, Apr 20, 2017

Vegetable prices, which had declined sharply during November 2016 to January 2017, seem to have stabilised but may go up in the coming months due to a seasonal pick up, Patel said.

Mumbai most keen to 'buy' while Delhi turns frugal, report shows

Mumbai most keen to 'buy' while Delhi turns frugal, report shows

Mon, Apr 17, 2017

As per the data released, Delhi came in last as its BPI in Q4FY17 stood at 0.27 -- lowest among eight major cities in India. Mumbai's BPI was highest at 0.58.

Can't disclose if Jaitley was consulted on notes ban: FinMin

Can't disclose if Jaitley was consulted on notes ban: FinMin

Sun, Mar 05, 2017

The Finance Ministry has taken refuge under the exemption clause of section 8(1)(a) of the Act to deny the information.

Demonetisation sucked in cash like vacuum cleaner: IMF official

Demonetisation sucked in cash like vacuum cleaner: IMF official

Fri, Feb 24, 2017

Real GDP growth is projected to slow to 6.6% in FY2016/17 and then rebound to 7.2% in FY2017/18.

SBI chief moots dedicated spectrum for financial transactions

SBI chief moots dedicated spectrum for financial transactions

Wed, Feb 22, 2017

She said telcos being commercial entities have their objectives to ensure that they can carry voice, data with better clarity and speed and to make profits.

Demonetisation hits Mahindra & Mahindra Q3 sales; net profit up 33%

Demonetisation hits Mahindra & Mahindra Q3 sales; net profit up 33%

Fri, Feb 10, 2017

The company's total income increased to Rs 11,888.1 crore in Q3FY17.

Post-demonetisation credit profile of large corporates is likely to be neutral: India Ratings

Thu, Feb 09, 2017

India Ratings and Research has projected that post-demonetisation the credit profile of large corporates with revenue of over Rs 250 crore is likely to be neutral with no significant changes in their ratings.

RBI raises withdrawal limit for savings account to Rs 50,000; no limit from March 13

RBI raises withdrawal limit for savings account to Rs 50,000; no limit from March 13

Wed, Feb 08, 2017

The apex bank had imposed the limitation on withdrawal of cash after Prime Minister Narendra Modi on November 8 had announced the ban on Rs 500 and Rs 1000 notes.

Where are the fake notes? Even RBI doesn't know

Where are the fake notes? Even RBI doesn't know

Tue, Jan 24, 2017

Galgali had asked RBI to provide details of the number or value of the fake currencies detected post-demonetisation.

Note ban negative for jobs, SMEs, rural demand: Assocham

Note ban negative for jobs, SMEs, rural demand: Assocham

Mon, Jan 23, 2017

Demonetisation will leave a negative impact on small and medium enterprises (SMEs), rural consumption and job creation while the large organised sectors stand to benefit in the long term, industry chamber Assocham said on Sunday.

Manmohan Singh saves Urjit Patel from grilling

Manmohan Singh saves Urjit Patel from grilling

Thu, Jan 19, 2017

Singh is understood to have told Patel that he need not answer a question.

India's GDP growth to drop, but rebound likely in second half of 2017: Nomura

India's GDP growth to drop, but rebound likely in second half of 2017: Nomura

Wed, Jan 18, 2017

India's growth numbers are likely to slide in the next two quarters, but a sharp rebound is expected in the second half (H2) of 2017 as the demonetisation impact will be transitory and not long lasting, says a Nomura report.

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