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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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Limited room to reduce fiscal deficit to 3% in FY18: Moody's

Limited room to reduce fiscal deficit to 3% in FY18: Moody's

Mon, Jan 16, 2017

The government is likely to achieve its fiscal deficit target of 3.5% of GDP in the current fiscal but higher infrastructure spending will limit the room to reduce it further to 3% in 2017-18, Moody's said on Monday.

Luxury car sales zoom in December despite demonetisation

Luxury car sales zoom in December despite demonetisation

Mon, Jan 16, 2017

Luxury cars priced under Rs 25 lakh saw a over 230% growth in sales in December compared to the same month last year.

RBI has no data on scams in co-op banks post demonetisation: RTI

RBI has no data on scams in co-op banks post demonetisation: RTI

Mon, Jan 16, 2017

Six days after the demonetisation, the Centre had abruptly overturned its decision to permit note exchanges.

Wholesale inflation rises to 3.39% in December

Wholesale inflation rises to 3.39% in December

Mon, Jan 16, 2017

Wholesale Price index (WPI) or Wholesale inflation rose to 3.39% (provisional) for the month of December, 2016 (over December, 2015) as compared to 3.15% (provisional) for the previous month and -1.06% during the corresponding month of the previous year, said Ministry of Commerce and Industry.

Wholesale inflation data for December today

Wholesale inflation data for December today

Mon, Jan 16, 2017

This time, the wholesale inflation numbers will be crucial as it will give a clear picture of impact of demonetisation.

Finance Ministry finalising fund infusion for PSBs to exceed Rs 25,000 crore

Finance Ministry finalising fund infusion for PSBs to exceed Rs 25,000 crore

Sun, Jan 15, 2017

The Finance Ministry is likely to finalise capital infusion plan for public sector banks (PSBs) this week based on the request of various lenders which have been impacted by demonetisation amid rising bad loans.

Realty hit hard by demonetisation, awaits 'white money' buyers

Realty hit hard by demonetisation, awaits 'white money' buyers

Sun, Jan 15, 2017

Property market, long considered a black money safe haven, seems to have taken a big hit from demonetisation, with developers seeing their sales drop by about 50 % in the last three months and now pinning their hopes on buyers coming to market with 'white money'.

Assocham calls for a Budget that revives economy post note-ban

Assocham calls for a Budget that revives economy post note-ban

Sun, Jan 15, 2017

Industry chamber Assocham on Sunday appealed to political parties to ensure that the Union Budget for fiscal 2017-18 to be presented to Parliament on February 1 aids the revival of economic sentiment at a time of depressed demand and investment.

Demonetisation fallout: ATM makers get a big boost in new orders

Demonetisation fallout: ATM makers get a big boost in new orders

Sun, Jan 15, 2017

The government`s November 8move last year to demonetise higher-denomination currencies was said to be aimed at tackling the issues of black money and counterfeit notes.

RBI employees urge governor to protect autonomy

RBI employees urge governor to protect autonomy

Sat, Jan 14, 2017

The RBI`s employee union in a letter to the governor dated January 13 said it was "painful" the central bank was being criticised despite its staff successfully carrying out the "humongous task" of replacing the old bills.

RBI employees resent ''government interference''

RBI employees resent ''government interference''

Sat, Jan 14, 2017

The letter asked the Governor whether a recent media report, according to which the Finance Ministry had deputed a Joint Secretary-level officer to the RBI to oversee its currency chest operations, is true.

Post demonetisation organised retail sector likely to post low single digit growth in Q3 FY17: India Ratings

Post demonetisation organised retail sector likely to post low single digit growth in Q3 FY17: India Ratings

Fri, Jan 13, 2017

Post demonetisation organised retail sector is expected to post low single digit growth with varying impact across different sub-sectors in the October-December quarter of fiscal year 2016-17 (FY17), said India Ratings and Research (Ind-Ra) in its latest report on Friday.

RBI may cut repo rate by 25 basis points in February: HSBC report

RBI may cut repo rate by 25 basis points in February: HSBC report

Fri, Jan 13, 2017

With uncertanity over implementation of GST, rising crude oil prices and the challenging 4% CPI in medium term, Reserve Bank of India (RBI) may cut repo rate for the final time by a 25 basis points (bps) in the February policy, says a report.

Corporates look past India's cash crisis, praise Modi reforms

Corporates look past India's cash crisis, praise Modi reforms

Fri, Jan 13, 2017

Welspun outlined proposed investments of 40 billion rupees ($588 million) in Gujarat during the summit, which ended Friday.

Post demonetisation, consumer demand likely to be normal by April-June quarter of 2017: CII

Post demonetisation, consumer demand likely to be normal by April-June quarter of 2017: CII

Fri, Jan 13, 2017

Terming demonetisation as a right long-term decision despite short-term "disruptions", CII President Naushad Forbes has said consumer demand is expected to return to full normalcy in April-June quarter after seeing a 20% fall in the 50-day period after the note ban.

New cars line-up, Gujarat plant may bring sales cheer back at Maruti Suzuki

New cars line-up, Gujarat plant may bring sales cheer back at Maruti Suzuki

Fri, Jan 13, 2017

Bookings for Maruti Suzuki have seen a small revival during the month of December and with the Gujarat plant on track it may see a jump in sales soon.

Except Maruti Suzuki, Eicher Motors, automobile companies to report weaker Q3 results

Except Maruti Suzuki, Eicher Motors, automobile companies to report weaker Q3 results

Fri, Jan 13, 2017

A majority of automobile companies are expected to report weaker earnings during Q3, with the exception of Maruti, Suzuki and Eicher Motors

Postponed product launches, consumption stimulus in Budget to boost ad spends

Postponed product launches, consumption stimulus in Budget to boost ad spends

Fri, Jan 13, 2017

Many brands have partial deferment of advertising budgets led by postponement of new launches.

India to see lower GDP growth for two quarters on cash crunch: HSBC

India to see lower GDP growth for two quarters on cash crunch: HSBC

Thu, Jan 12, 2017

India's GDP growth numbers are expected to see a decline of 2% in the third and fourth quarters of the current fiscal, as effective currency in circulation has contracted significantly, says an HSBC report.

Hope to resolve issues for GST rollout from April 1: Arun Jaitley

Hope to resolve issues for GST rollout from April 1: Arun Jaitley

Thu, Jan 12, 2017

With states and the Centre still locked in stalemate over control of tax payers, Finance Minister Arun Jaitley today said the issue will be resolved in next few weeks for rollout of the GST regime from April 1.

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