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Demonetisation

Rs 2000 notes to be banned or not? All doubts cleared! Check latest news, answer directly from Modi government

Rs 2000 notes to be banned or not? All doubts cleared! Check latest news, answer directly from Modi government

Sat, Dec 14, 2019

Are you also worried about the unconfirmed reports/rumours spreading in the market that Modi government may soon take big step to ban Rs 2000 notes?

Zero tolerance! After demonetisation and surgical strike, Modi govt is gearing up for this huge action - Must know for Indians

Zero tolerance! After demonetisation and surgical strike, Modi govt is gearing up for this huge action - Must know for Indians

Sat, Nov 16, 2019

Big action coming soon!

Good news for homebuyers! Finally, branded real estate developers beat non-branded entities

Good news for homebuyers! Finally, branded real estate developers beat non-branded entities

Tue, Jul 30, 2019

In H1 2019 near 1,39,480 units in the top 7 cities i.e. over 53% were launched by branded developers, and 47% by non-branded entities.

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Is "liquidity" actually helping in reviving Indian markets?

Is "liquidity" actually helping in reviving Indian markets?

Wed, Apr 19, 2017

The market often confuses liquidity with institutional activity (net purchase or sale), in our view, Prasad added.

Digital payments in India reverse trend, grow in March

Digital payments in India reverse trend, grow in March

Wed, Apr 19, 2017

Vivek Kaul, author of Easy Money trilogy said, "There is a seasonality factor as well. March is the last month of the financial year and digital payments seem to go up during the course of the month, as people pay their taxes (advance income tax and service tax) as well as settle business payments between them."

Real Estate: No new launches in Mumbai, Gurugram & Noida as unsold houses peak

Real Estate: No new launches in Mumbai, Gurugram & Noida as unsold houses peak

Wed, Apr 19, 2017

India's cities like Mumbai, Gurugram and Noida have witnessed a minimum new launches of housing during the first quarter of 2017.

60-year low credit growth is a warning bell for banks

60-year low credit growth is a warning bell for banks

Tue, Apr 18, 2017

The outlook on the asset quality of the banking sector seems to be weak even as the fresh non-performing asset (NPA) generation rate continues to show signs of moderation.

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.

Withdrawal trend reverses in Jan Dhan accounts; deposits up Rs 1000 crore

Withdrawal trend reverses in Jan Dhan accounts; deposits up Rs 1000 crore

Sun, Apr 16, 2017

PMJDY was launched in August 2014 to increase banking penetration and promote financial inclusion in the country.

Demonetisation, BS III ban, raw material costs to play spoilsport in Q4 automobile results

Demonetisation, BS III ban, raw material costs to play spoilsport in Q4 automobile results

Sat, Apr 15, 2017

Passenger vehicles were the least impacted due to these headwinds and could post strong results in Q4.

IT dept launches 'Op Clean Money'-II; to probe 60,000 people

IT dept launches 'Op Clean Money'-II; to probe 60,000 people

Fri, Apr 14, 2017

The Income Tax department will investigate over 60,000 individuals under the second phase of the 'Operation Clean Money' which was launched today with an aim to detect black money generation post demonetisation.

Axis Bank clarifies on CBI's searches in Ahmedabad branch

Axis Bank clarifies on CBI's searches in Ahmedabad branch

Tue, Apr 11, 2017

Axis Bank on Tuesday clarified that the bank has "zero tolerance" towards any devious procedures and is fully co-operating with the Central Bureau of Investigation (CBI) during investigations at Ahmedabad Axis Bank branch.

While currency in circulation improved, ATMs still run dry

While currency in circulation improved, ATMs still run dry

Tue, Apr 11, 2017

The survey stated, RBI's move in lifting up withdrawal limit on March 13, 2017, could have attributed to the happenings.

RERA may revive real estate sector in second half: Experts

RERA may revive real estate sector in second half: Experts

Mon, Apr 10, 2017

After May 1, when the Real Estate Regulatory Authority (RERA) is in place, the realty sector will likely see an uptrend with slight price correction, say industry players and stakeholders.

Q4 results likely to show recovery as note-ban woes fade

Q4 results likely to show recovery as note-ban woes fade

Mon, Apr 10, 2017

Jeffries said that the markets are likely already factoring in potential upward revision in consensus earnings in 2017-18.

Individuals have to disclose cash payments over Rs 2 lakh made for loans, card payments in new ITR form

Individuals have to disclose cash payments over Rs 2 lakh made for loans, card payments in new ITR form

Mon, Apr 10, 2017

Individuals will have to disclose all cash payments of over Rs 2 lakh made for paying loans and credit card bills during the 50-day period post demonetisation in the new Income Tax Return (ITR) form.

Axis Bank officials come under CBI scanner for allowing deposit of Rs 100 crore during demonetisation period

Axis Bank officials come under CBI scanner for allowing deposit of Rs 100 crore during demonetisation period

Fri, Apr 07, 2017

It was also alleged that during grace period of depositing demonetised notes, huge cash deposits were made in the bank several times during a day by a single person, the release mentioned.

18 lakh accounts under scanner for large deposits: FM Jaitley

18 lakh accounts under scanner for large deposits: FM Jaitley

Fri, Apr 07, 2017

Jaitley also said that financial inclusion was a top agenda of the government and it was on a rise, particularly for women.

NEFT transfers to take half hour as RBI cuts clearance time; should you just IMPS?

NEFT transfers to take half hour as RBI cuts clearance time; should you just IMPS?

Fri, Apr 07, 2017

RBI said, “In line with the document on Vision – 2018 for Payment and Settlement System, the NEFT settlement cycle has reduced for hourly batches to half hourly batches.”

India has a strong medium-term growth outlook, Fitch Ratings says

India has a strong medium-term growth outlook, Fitch Ratings says

Fri, Apr 07, 2017

Fitch Ratings said that its continues to rate India as BBB- or 'stable' on account of strong medium-term growth outlook and favourable external balances against weak fiscal position and a business environment which is still difficult.

RBI to soon allow banks to invest in REITs, InvITs; to issue detail guidelines by end of May

RBI to soon allow banks to invest in REITs, InvITs; to issue detail guidelines by end of May

Fri, Apr 07, 2017

The Reserve Bank of India (RBI) will soon allow banks to invest in REITs and InvITs which will boost the country's real estate sector.

RBI's bi-monthly monetary policy in two minutes

RBI's bi-monthly monetary policy in two minutes

Thu, Apr 06, 2017

The Reserve Bank of India (RBI) and Monetary Policy Committee (MPC) on Thursday kept the key policy rate unchanged at 6.25% in order to achieve its medium-term CPI inflation target of 4% and to support the economic growth.

9 things to watch out for before RBI's bi-monthly monetary policy

9 things to watch out for before RBI's bi-monthly monetary policy

Thu, Apr 06, 2017

RBI's repo and reverse repo rates are kept unchanged at 6.25% and 5.75% respectively, where it has been since October 2016. Marginal standing facility (MSF) rate and bank rate at 6.75% each.

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