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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.

TRENDING NOW

New Rs 1000 notes are coming; launch date unclear

New Rs 1000 notes are coming; launch date unclear

Tue, Feb 21, 2017

The government will soon announce new notes of Rs 1,000 denomination but the specific dates for its launch is unclear.

India's less-cash dream is still a decade away?

India's less-cash dream is still a decade away?

Tue, Feb 21, 2017

Suvodeep Rakshit, Upasna Bhardwaj and Madhavi Arora analysts at Kotak Institutional Equities said, “After the initial surge in the volume of electronic payments in November-December, the trend seems to be normalising in January and February.”

Are RBI's efforts to reduce MDR charges on debit card transactions enough?

Are RBI's efforts to reduce MDR charges on debit card transactions enough?

Tue, Feb 21, 2017

The Reserve Bank of India (RBI) has issued a draft circular aiming at rationalising Merchant Discount Rate (MDR) on debit card transactions.

Ambuja Cement's standalone Q4 net profit up 60%

Ambuja Cement's standalone Q4 net profit up 60%

Tue, Feb 21, 2017

"Our rapid adoption of cashless payment methods in December 2016 quarter helped Ambuja to deliver a strong performance in 2016," Ajay Kapur, Chief Executive Officer of Ambuja Cement was quoted as saying in a statement.

Cash ban didn’t stop air travel in November-December period

Cash ban didn’t stop air travel in November-December period

Mon, Feb 20, 2017

The ban on specified bank notes (SBN) in the last two months of 2016 did not dent air travel as passengers carried by domestic airlines recorded higher growth rate in the months preceding demonetisation and even in January of 25.13%.

These stocks gained between 9%-103% and outperformed Nifty post demonetisation

These stocks gained between 9%-103% and outperformed Nifty post demonetisation

Mon, Feb 20, 2017

These stocks were – Maruti Suzuki, Jindal Stainless Hisar, Godrej Consumer, Marico, Venky's, Bharat Electronics, Praj Industries, Kalpataru Power, BEML, Power Finance Corp, Rural Electrification Corp and Care Ratings.

Cash crunch ends: Starting today you can withdraw Rs 50,000 per week

Cash crunch ends: Starting today you can withdraw Rs 50,000 per week

Mon, Feb 20, 2017

The central bank on January 30, had cancelled the daily and weekly limits imposed on ATM withdrawals and from the current accounts from February 1.

Ambuja Cement Q4 result today; Here's what to expect

Ambuja Cement Q4 result today; Here's what to expect

Mon, Feb 20, 2017

Murtuza Arsiwalla and Abhishek Poddar of Kotak Institutional Equities in their report stated that Pan-India players (which also includes Ambuja Cement) are expected to report weaker prices, higher costs and lower volumes due to demonetisation which will result in sequential decline in their earnings.

DIA authorised to get blackmoney-related details from FIU

DIA authorised to get blackmoney-related details from FIU

Sun, Feb 19, 2017

The move is aimed at arming the DIA with necessary details to act against terror funding and hawala transactions, mainly in Jammu and Kashmir and in the North Eastern states of the country, officials said today.

Note ban punches holes in Q3 results; Cos hopeful of 'gains'

Note ban punches holes in Q3 results; Cos hopeful of 'gains'

Sun, Feb 19, 2017

An analysis of the latest-quarter results of listed firms shows that the government's ambitious exercise of withdrawing old Rs 500/1,000 notes led to adverse impact on businesses across the sectors, though not many have publicly criticised the move and the likes of Rajiv Bajaj are only an exception.

Banks look for insurance as cyber threats increase

Banks look for insurance as cyber threats increase

Sun, Feb 19, 2017

According to insurance industry reports, cyber crimes are growing at 40-50% annually globally. Similarly, global cyber risk insurance premium stood at $ 3.5 billion in 2016, which was only $ 2.5 billion in 2015, amply indicating growing incidents of cyber crimes across the world.

Demonetisation unnecessarily demonised: Aditya Puri

Demonetisation unnecessarily demonised: Aditya Puri

Sat, Feb 18, 2017

"He (Prime Minister Modi) has created transparency and traceability. He has changed the mindset (in such a way that) everybody is going to think twice about going back to their old ways and from what I understand, the conversion to digital has occurred at a pace much faster," Mahindra said at the annual NILF here.

Note ban can't alone curb black money accumulation: Rangarajan

Note ban can't alone curb black money accumulation: Rangarajan

Sat, Feb 18, 2017

"All this will have an immediate effect on the economy which will be adverse. The long term gains are in terms of reduction in the proportion of pure cash transactions, and a shift to digital mode of payment leading to recording of all transactions and thereby helping to widen tax net," Rangarajan said.

Demonetisation idea itself is wrong, don't blame execution, says Rajiv Bajaj

Demonetisation idea itself is wrong, don't blame execution, says Rajiv Bajaj

Fri, Feb 17, 2017

Bajaj Auto's MD Rajiv Bajaj has recently said that the government's deomonetisation idea itself is wrong and its execution should not be blamed.

Demonetisation to slow down digital ad spends in 2017

Demonetisation to slow down digital ad spends in 2017

Thu, Feb 16, 2017

While demonetisation has resulted in a slowdown in growth in ad spends on media, the hardest hit is expected to be the digital medium

Vijay Shekhar justifies using PM Modi's picture to sell Paytm

Vijay Shekhar justifies using PM Modi's picture to sell Paytm

Thu, Feb 16, 2017

When Paytm founder Vijay Shekhar Sharma used Prime Minister Narendra Modi as a front page cover on a newspaper for a Paytm advertisement advising people to use the e-wallet, many including political figures criticised the move.

Demonetisation shaves of 2% of ad spends in 2016: Report

Demonetisation shaves of 2% of ad spends in 2016: Report

Tue, Feb 14, 2017

Ad spends in India are expected to grow by 10% in 2017 despite the slow start due to impact of demonetisation.

SpiceJet's net profit plummets 24% in Q3

SpiceJet's net profit plummets 24% in Q3

Tue, Feb 14, 2017

Budget carrier, SpiceJet on Tuesday annouced its third quarter ending December 31 results that reported a fall in net profit of 24.5% to Rs 181.143 crore.

Two-wheelers demand drops by 5% in Q3FY17; rural demand to revive sales

Two-wheelers demand drops by 5% in Q3FY17; rural demand to revive sales

Tue, Feb 14, 2017

Demand from smaller towns and rural areas is expected to improve post demonetisation in the near term on the back of a healthy rise in income.

Over 5.27 lakh taxpayers respond to IT department's 'Operation Clean Money '

Over 5.27 lakh taxpayers respond to IT department's 'Operation Clean Money '

Tue, Feb 14, 2017

"The explanation of cash deposit submitted by the taxpayer is being analysed in the context of nature of business and business profile in the earlier returns of the taxpayer," said the Ministry of Finance.

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