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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

Consumer price inflation set to see upside pressure: Crisil

Consumer price inflation set to see upside pressure: Crisil

Tue, Feb 14, 2017

The fuel component of CPI rose afresh on rising crude oil prices and weaker rupee. Meanwhile, the persistent stickiness in core inflation is contrary to the refrain that demonetisation had materially dented core demand. Core inflation (CPI excluding food) rose to 5.1% in January from 5% in December, the report said.

Expert views: Retail inflation cools to five-year low of 3.17% in January

Expert views: Retail inflation cools to five-year low of 3.17% in January

Mon, Feb 13, 2017

India`s annual consumer price inflation eased to 3.17 % in January, its lowest level in at least five years, helped by a sharp cooling in food prices, government data showed on Monday.

Indian smartphone market grew 5.2% in 2016: IDC

Indian smartphone market grew 5.2% in 2016: IDC

Mon, Feb 13, 2017

International Data Corporation on Monday said that India recorded a marginal 5.2% annual growth in smartphone market in 2016.

Britannia swats demonetisation woes; net profit up 5% in October-December

Britannia swats demonetisation woes; net profit up 5% in October-December

Mon, Feb 13, 2017

Britannia Industries on Monday reported 4.6% jump in the consolidated net profit for the third quarter of fiscal year 2016-17 (FY17).

Sunteck Realty posts four-fold leap in net profit for October-December 2016

Sunteck Realty posts four-fold leap in net profit for October-December 2016

Mon, Feb 13, 2017

Commercial and residential property developer Sunteck Realty has reported 269.25% rise in the consolidated net profit for the third quarter ended on December 31,2016.

Note ban negative for auto asset backed loan in short-term: Moody's

Note ban negative for auto asset backed loan in short-term: Moody's

Mon, Feb 13, 2017

Moody's Investors Service on Monday said that the government's demonetisation decision will have negative impact on the performance of Indian auto asset backed loans in the short-term and the effect will last until March.

Chidambaram asks FM Jaitley to cut indirect taxes immediately

Chidambaram asks FM Jaitley to cut indirect taxes immediately

Mon, Feb 13, 2017

Chidambaram said Finance Minister Arun Jaitley missed an opportunity at reviving the economy hit by demonetisation.

Demonetisation 'biggest scam of 2016': Chidambaram

Demonetisation 'biggest scam of 2016': Chidambaram

Sun, Feb 12, 2017

"I am sorry to make the prediction that 2016-17 will end with growth (rate) between 6 and 6.5 per cent, a good one per cent down from the earlier estimate and that means a hit of Rs 1.5 lakh crore on GDP. The GDP this year is Rs 150 lakh crore, so one per cent hit is Rs 1.5 lakh crore," Chidambaram said at a function here today.

Banks rush to buy cyber security cover as digi payments rise

Banks rush to buy cyber security cover as digi payments rise

Sun, Feb 12, 2017

"We have always seen maximum security in all our IT systems. We are now considering to avail cyber insurance covers for our customers," SBI managing director Rajnish Kumar told PTI here.

IIP growth expected to see some uptick in January: Kotak

IIP growth expected to see some uptick in January: Kotak

Sun, Feb 12, 2017

"The decline in IIP was partly owing to base effects, but mostly by demonetisation-led production contraction, especially in automobile production," Kotak Institutional Equities said in a research note.

BHIM app now available on iOS platform

BHIM app now available on iOS platform

Sat, Feb 11, 2017

Finally iOS users can now send and receive money via BHIM app. They just have to download the app through App Store by searching ‘BHIM NPCI app’ . After installing, the icon will appear on your iPhone. However, BHIM does not work on the non-cellular iPAD’s.

RBI to declare ''verified'' figure on post-demonetisation deposits

RBI to declare ''verified'' figure on post-demonetisation deposits

Sat, Feb 11, 2017

"There are tens of thousands of bank branches and 4,000 currency chests. We need to be careful and try that this is a number which is not a mere estimate but a verified number both physically and in the accounting sense," Patel added when asked about the estimated amount of old currency notes that have come back.

Scope for further reduction in bank lending rate, says Patel

Scope for further reduction in bank lending rate, says Patel

Sat, Feb 11, 2017

While maintaining a status quo in the sixth bi-monthly monetary policy, RBI has said, "The Committee believes that the environment for timely transmission of policy rates to banks lending rates will be considerably improved if three key measures tackled well."

Note ban was reason Raghuram Rajan left: Chidambaram

Note ban was reason Raghuram Rajan left: Chidambaram

Sat, Feb 11, 2017

"They (government) made it so difficult for Rajan to continue and, in retrospect it appears, one of the reason he was made to leave. They wanted to demonetise currency and Raghu was opposed it," Chidambaram said.

Demonetisation to push IT spending of banking and securities firms to $8.9 billion in 2017

Demonetisation to push IT spending of banking and securities firms to $8.9 billion in 2017

Fri, Feb 10, 2017

IT services will grow the fastest at 13.8% in 2017, as firms in the banking and securities industry invest more in business processes, specifically in business process outsourcing.

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.

War on black money not a political fight, says PM Modi

War on black money not a political fight, says PM Modi

Wed, Feb 08, 2017

PM Modi speaks with regards to the demonetisation move which many claimed was aimed at crippling the finances of his politicial opponents.

India India Inc says monetary policy disappoints with no rate cut

India India Inc says monetary policy disappoints with no rate cut

Wed, Feb 08, 2017

The Monetary Policy Committee ‘surprised the markets with a pause,’ was one way India Inc described the Reserve Bank of India’s decision to maintain status quo on interest rates on Wednesday at 6.25%.

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.

Monetary Policy: Five reasons why RBI did not cut interest rates

Monetary Policy: Five reasons why RBI did not cut interest rates

Wed, Feb 08, 2017

In its sixth bi-monthly monetary policy the Reserve Bank of India (RBI) did not cut interest rates for the fifth month in a row on Wednesday. Here are a few reasons why RBI maintained status quo: 1. RBI expects inflation stickiness as broadly ‘discernible’

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