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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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Monetary Policy: RBI expects GVA growth at 7.4%, CPI Inflation at 5% by FY18

Monetary Policy: RBI expects GVA growth at 7.4%, CPI Inflation at 5% by FY18

Wed, Feb 08, 2017

While maintaining a status quo on its sixth bi-monthly monetary policy, the Reserve Bank of India (RBI) pointed out on economic factors like Gross Value Added (GVA) growth and Consumer Price Index (CPI) or Retail Inflation growth for the coming fiscal year (FY18).

Reserve bank of India keeps repo rate unchanged at 6.25%

Reserve bank of India keeps repo rate unchanged at 6.25%

Wed, Feb 08, 2017

The Reserve Bank of India in its sixth bi-monthly policy for the financial year 2016-17 on Wednesday decided to keep repo rate unchanged at 6.25%.

4 factors that RBI's MPC will keep in mind for today's monetary policy

4 factors that RBI's MPC will keep in mind for today's monetary policy

Wed, Feb 08, 2017

The government had given time till December 31 to deposit the old currencies in banks and RBI.

Demonetisation, Budget upshot: Should RBI cut interest rates today?

Demonetisation, Budget upshot: Should RBI cut interest rates today?

Wed, Feb 08, 2017

As the Reserve Bank of India (RBI) gears up to declare its sixth bi-monthly policy for the financial year 2016-17, the debate arises as to post demonetisation and the Union Budget FY1,8 what should the RBI do in terms of repo or interest rates.

Hero MotoCorp Q3 results: Here's what to expect

Hero MotoCorp Q3 results: Here's what to expect

Wed, Feb 08, 2017

The company is expected to post a decline in its pure profits margins, analysts say. Nishit Jalan and Hitesh Goel analysts at Kotak Institutional Equities said, “We expect two-wheeler companies to have a tough quarter with EBITDA for Hero MotoCorp declining by 21% on year-on-year basis.”

Debit card charges may decline further: Jaitley

Debit card charges may decline further: Jaitley

Wed, Feb 08, 2017

"The RBI is deciding on this... it is work in progress. I am sure as volumes (of digital transactions) are increasing, the charges will come down," the Finance Minister Arun Jaitley told the Rajya Sabha during the Question Hour.

Centre forms panel to work for doubling farmers' income

Centre forms panel to work for doubling farmers' income

Wed, Feb 08, 2017

"As per preliminary reports received from the states, the total area sown under Rabi crops as on January 27, 2017 stood at 637.34 lakh hectares as compared to 600.02 lakh hectares in the corresponding period last year, indicating no significant impact of demonetisation on Rabi sowing," said a ministry statement.

Prime Minister Narendra Modi says cash crackdown is a fight for the poor

Prime Minister Narendra Modi says cash crackdown is a fight for the poor

Tue, Feb 07, 2017

Prime Minister Narendra Modi on Tuesday defended his decision to abolish high denomination bank notes that has left the economy reeling, calling it a "fight" for the poor.

Government to allow deposits on one or more occasions in Garib Kalyan scheme

Government to allow deposits on one or more occasions in Garib Kalyan scheme

Tue, Feb 07, 2017

More than one deposit of undisclosed income can be deposited at the authorized banks. The deposit sum should not be less than 25% of declared undisclosed income.

XUV has many world class features which our competitors don't have: Vivek Nayer, Mahindra

XUV has many world class features which our competitors don't have: Vivek Nayer, Mahindra

Tue, Feb 07, 2017

Vivek Nayer speaks on their latest 'Live Young, Live Free' campaign, apart from ad spends, competition, marketing strategy and demonetisation.

RBI rate cut: Here's what the experts expect

RBI rate cut: Here's what the experts expect

Tue, Feb 07, 2017

In the last monthly policy, held on December 7, the central bank had kept key rates unchanged.

Rupee to weaken to record low over the coming year: Reuters poll

Rupee to weaken to record low over the coming year: Reuters poll

Tue, Feb 07, 2017

According to latest Reuters poll, India rupee is expected to sink to a record low in the coming year on expectations for a rise in the US dollar.

RBI seen cutting rates, but it will be a close call

RBI seen cutting rates, but it will be a close call

Tue, Feb 07, 2017

The fiscally prudent budget could comfort the RBI`s six-member monetary policy committee (MPC), and raise the prospect of a rate cut sooner rather than later, given price trends.

Rupee may break 66.2-68.7 range on note ban, oil prices: DBS

Rupee may break 66.2-68.7 range on note ban, oil prices: DBS

Tue, Feb 07, 2017

A 'resilient' Indian rupee has weathered the post-US election headwinds fairly well but the domestic currency may still break above its 66.2-68.7 range established since early 2016, says a DBS report.

Deposits of only more than Rs 2.5 lakh will be questioned: Income Tax Department

Deposits of only more than Rs 2.5 lakh will be questioned: Income Tax Department

Tue, Feb 07, 2017

Highlighting on the alert which is given on the income tax e-filing website, he said that already 2 lakh people have logged in on it.

Cash Crunch impact: Jubilant Foodworks' Q3 net profit down 32%

Cash Crunch impact: Jubilant Foodworks' Q3 net profit down 32%

Mon, Feb 06, 2017

Shyam S. Bhartia, Chairman and Mr. Hari S. Bhartia, Co- Chairman, Jubilant FoodWorks Limited said, “Q3 has been a challenging quarter for the consumer sector on account of currency demonetisation. However, we were able to minimise the impact by offering multiple non cash payment options to customers and launch of new products which got excellent customer response.”

FPIs get back to buying mode, pump in Rs 2,300 cr in 3 days

FPIs get back to buying mode, pump in Rs 2,300 cr in 3 days

Sun, Feb 05, 2017

According to depository data, foreign portfolio investors (FPIs) infused a net sum of Rs 1,246 crore in equities during February 1-3 and another Rs 1,098 crore in the debt segment, translating into a total inflow of Rs 2,344 crore.

RBI may hold rates this year after 25 bps cut next week:Nomura

RBI may hold rates this year after 25 bps cut next week:Nomura

Sun, Feb 05, 2017

According to Japanese financial services major Nomura, though the Reserve Bank might go for a policy easing on February 8, it would be a "close call" considering some global factors like higher oil prices and narrowing interest rate differentials.

Tractor sales plough through demonetisation in January; higher growth expected ahead

Tractor sales plough through demonetisation in January; higher growth expected ahead

Fri, Feb 03, 2017

Mahindra despite seeing a large 11.41% decline in domestic car sales in January managed to post a 6% growth in tractor sales.

Car companies shake off demonetisation; two-wheelers sales still struggle in January

Car companies shake off demonetisation; two-wheelers sales still struggle in January

Fri, Feb 03, 2017

This growth of cars was driven primarily by new launches from these companies which pushed their sales despite the tough economic scenario.

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