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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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Cash balance in Jan Dhan accounts at its lowest since October

Cash balance in Jan Dhan accounts at its lowest since October

Wed, Mar 29, 2017

Data show that although from October to November 2016 saw an over Rs 30,000 crore rise in deposits in Jan Dhan accounts, withdrawals are slowly inching up,

Mumbai man moves court as RBI refuses to exchange Rs 1 lakh worth demonetised notes

Mumbai man moves court as RBI refuses to exchange Rs 1 lakh worth demonetised notes

Wed, Mar 29, 2017

The central bank refused to accept his money saying that the exchange facility is available only to the Non-Resident Indians, the report added.

Tamil Nadu man deposits Rs 246 crore in old currency, to pay 45% tax under PMGKY

Tamil Nadu man deposits Rs 246 crore in old currency, to pay 45% tax under PMGKY

Mon, Mar 27, 2017

Under the PMGKY scheme, out of the total amount deposited 50% of the amount is taxed and 25% of the amount is kept with the government or Reserve Bank of India as non-interest bond for four year.

Exchange of up to Rs 4,500 in old notes allowed in Nepal: RBI

Exchange of up to Rs 4,500 in old notes allowed in Nepal: RBI

Mon, Mar 27, 2017

The Indian government`s November 8 move to demonetise Rs 500 and 1,000 bank notes has caused inconvenience to many Nepalis, especially daily-wage earners and labourers working in India.

Aditya Puri features in world's 30 best CEOs list by Barron's

Aditya Puri features in world's 30 best CEOs list by Barron's

Sun, Mar 26, 2017

In hallmark style, the banker swiftly set out to remake India's second-largest private-sector bank into the digital spot for anything money-related, it said.

RBI refuses to answer on note conversion deadline, why?

RBI refuses to answer on note conversion deadline, why?

Sun, Mar 26, 2017

It had also refused to allow access to minutes of the meetings held to decide on the issue of demonetisation of Rs 1,000 and Rs 500 notes.

Note ban may have affected current account deficit, says SBI Research

Note ban may have affected current account deficit, says SBI Research

Sun, Mar 26, 2017

"Net travel has registered the incremental increase of USD 1,469 million in the quarter, which is an all-time high (at least since 2000-01)," the report said.

'Countdown' has begun, I-T dept warns blackmoney holders ahead of Mar 31 deadline

'Countdown' has begun, I-T dept warns blackmoney holders ahead of Mar 31 deadline

Fri, Mar 24, 2017

in advertisements issued in leading national dailies, the department said that the "countdown" in this regard has begun and stash holders should declare their black money "or regret later".

India's GDP growth to slow to 6.7% in fourth quarter of FY17: Nomura

India's GDP growth to slow to 6.7% in fourth quarter of FY17: Nomura

Wed, Mar 22, 2017

Nomura has projected India's gross domestic product (GDP) to slow to 6.7% in the January to March quarter of fiscal year 2016-17 (FY17).

Media and Entertainment sector grows Rs 1.26 lakh crore in 2016: Report

Media and Entertainment sector grows Rs 1.26 lakh crore in 2016: Report

Tue, Mar 21, 2017

The India M&E industry maintained a growth rate of 11.6% over the past five years on the back of strong economic fundamentals, coupled with the growth in domestic consumption, says the FICCI-KPMG report.

Can the marriage season bring back bike sales for Hero MotoCorp?

Can the marriage season bring back bike sales for Hero MotoCorp?

Tue, Mar 21, 2017

The company expects FY18 growth to be in the range of 8-10%, with double-digit growth in 2HFY18.

Note ban opens up new channels of corruption: Economist

Note ban opens up new channels of corruption: Economist

Sun, Mar 19, 2017

Kurz pointed out that whoever was informed about the demonetisation policy ahead of its introduction (sort of insider trading) could have used the information and laundered money.

Mukesh Ambani lauds PM Modi's demonetisation, digital drives

Mukesh Ambani lauds PM Modi's demonetisation, digital drives

Sat, Mar 18, 2017

India underwent demonetisation drive from Nov 8 to Dec 30 of high-valued Rs 500 and Rs 1,000 notes to cleanse the country of black money.

Chartered accountants, advocates helped in laundering illicit cash worth Rs 3,790 crore, says Corporate Affairs Minister Arjun Ram Meghwal

Chartered accountants, advocates helped in laundering illicit cash worth Rs 3,790 crore, says Corporate Affairs Minister Arjun Ram Meghwal

Fri, Mar 17, 2017

Corporate Affairs Minister Arjun Ram Meghwal told Parliament on Friday that Serious Fraud Investigation Office (SFIO) has found that chartered accountants and advocates helped 559 people launder Rs 3,790 crore in cash.

Demonetisation Impact: Finova Capital targets to disburse loan worth Rs 100 crore to MSMEs in 2017; plans to recruit 500 people in 2 years

Demonetisation Impact: Finova Capital targets to disburse loan worth Rs 100 crore to MSMEs in 2017; plans to recruit 500 people in 2 years

Thu, Mar 16, 2017

Demonetisation has worked as a blessing in disguise for us as we collect 100% repayment through Automated Clearing House (ACH) mode and not through cash, Finova Capital managing director and chief executive officer, Mohit Sahney told Zeebiz.com.

Demonetisation had positive impact on sectors like metals, capital goods

Demonetisation had positive impact on sectors like metals, capital goods

Thu, Mar 16, 2017

Four months since demonetisation and its impact has started to fade out. However, everything isn't gloom and doom as analysis show that there were a few sectors that gained from Prime Minister Narendra Modi's bold attempt to tackle black money and push India towards a less-cash economy.

Mobile internet usage up 29% over previous quarter: Report

Mobile internet usage up 29% over previous quarter: Report

Thu, Mar 16, 2017

Driven by low-priced data offers, mobile internet usage was up by 29 per cent in the period October-December 2016, over the previous quarter, a joint report by market research firm Kantar IMRB and Mobile Marketing Association (MMA) said on Thursday.

Honda Cars India launches crossover WR-V starting at Rs 7.75 lakh

Honda Cars India launches crossover WR-V starting at Rs 7.75 lakh

Thu, Mar 16, 2017

Highlights: 1. The new Honda WR-V car is based on the Jazz platform and it comes with both petrol and diesel variants

Nifty crossing 9,100 was a 'one-time' show; US Fed rate hike a true test

Nifty crossing 9,100 was a 'one-time' show; US Fed rate hike a true test

Wed, Mar 15, 2017

Analysts estimated that markets will take their own sweet time to recover post demonetisation.

Hatchbacks are slowly falling out of favour with Indians

Hatchbacks are slowly falling out of favour with Indians

Tue, Mar 14, 2017

Hatchbacks see a decline in sales from November onwards post demonetisation.

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