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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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HSBC sees Sensex at 30,500 by end of 2017 on government reforms

HSBC sees Sensex at 30,500 by end of 2017 on government reforms

Wed, Jan 11, 2017

Global financial services major HSBC has set an optimistic benchmark BSE Sensex target at 30,500 for December-end, 2017 saying that structural reforms like demonetisation and GST will boost growth in the long run.

Two-wheeler, durables loans most hit by demonetisation: Cibil

Two-wheeler, durables loans most hit by demonetisation: Cibil

Wed, Jan 11, 2017

Leading credit information company Transunion Cibil on Wednesday said the demonetisation exercise has affected demand for two-wheelers and consumer durables loans the most.

Demonetisation or not, new notes were needed anyway: RBI

Demonetisation or not, new notes were needed anyway: RBI

Wed, Jan 11, 2017

The Government of India's recent demonetisation decision, which grabbed news headlines across media resulting in cash crunch and chaos across the country last year, was in the making since 2014.

Tata Nano slips through snares of demonetisation to post over 90% growth in December

Tata Nano slips through snares of demonetisation to post over 90% growth in December

Wed, Jan 11, 2017

Tata Nano posted the highest month-on-month sales growth among all Tata Motors cars in December.

Fertiliser Minister seeks Rs 20,000 crore of special banking facility for industry

Fertiliser Minister seeks Rs 20,000 crore of special banking facility for industry

Wed, Jan 11, 2017

Fertiliser Minister Ananth Kumar today said he has written to the Finance Minister for Rs 20,000 crore special banking arrangement to provide loan at reasonable rate to cash-starved fertiliser companies.

Government may lose Rs 25,000 crore if it moves income tax slabs

Government may lose Rs 25,000 crore if it moves income tax slabs

Wed, Jan 11, 2017

Finance Minister, Arun Jaitley’s stance on levying income tax stands to be ‘making taxation more reasonable;’ however, this could cost the government Rs 25,000 crore in FY18.

About 66% Indians support PM Narendra Modi's demonetisation move: Survey

About 66% Indians support PM Narendra Modi's demonetisation move: Survey

Wed, Jan 11, 2017

About 66% of Indians surveyed online showed support to prime minister Narendra Modi's demonetisation decision to curb black money, corruption and terrorism into the country, according to Nihilent Analytics.

Third Quarter Results: NBFCs likely to offset demonetisation impact

Third Quarter Results: NBFCs likely to offset demonetisation impact

Wed, Jan 11, 2017

M B Mahesh, Nischint Chawath and Abhijeet Sakhare of Kotak Institutional Equities said, “Despite challenges in the cash economy, NBFCs will likely deliver stable performance supported by aggressive recovery efforts and regulatory reprieve on NPL classification; a flat qoq loan book will affect NII growth in later quarters.”

From iPhone to demonetisation: 10 things Arun Jaitley said at Vibrant Gujarat

From iPhone to demonetisation: 10 things Arun Jaitley said at Vibrant Gujarat

Wed, Jan 11, 2017

With a kick-start of Vibrant Gujarat Global Summit on January 10, on the second day of the event Finance Minister Arun Jaitley spoke about the country's economy and situation post demonetisation. On Tuesday, Prime Minister Narendra Modi had inaugrated the Summit.

Demonetisation: Short term pain may outweigh Indian economy's long term gains

Demonetisation: Short term pain may outweigh Indian economy's long term gains

Wed, Jan 11, 2017

Dan Martin, Senior Analysts of Fitch Ratings said, “The impact on the economy will increase the longer the disruption continues, but Fitch has already revised India's GDP growth forecast for FY17 to 6.9% from 7.4%.”

Demonetisation impact: World Bank drops India's growth rate to 7%

Demonetisation impact: World Bank drops India's growth rate to 7%

Wed, Jan 11, 2017

Infrastructure spending should improve the business climate and attract investment in the near-term.

Note Ban Impact: Corporate earnings to dip to 4% in third quarter

Note Ban Impact: Corporate earnings to dip to 4% in third quarter

Tue, Jan 10, 2017

After recording an average revenue growth of 6.3% for three consecutive quarters, corporate earnings for key sectors will likely dip to 4% for the October-December period of 2016-17, owing to the Government's demonetisation drive, said a Crisil report.

'Used car sales dip 42% in November post notes ban, recover in December'

'Used car sales dip 42% in November post notes ban, recover in December'

Tue, Jan 10, 2017

Demonetisation led to over 42% drop in used car sales volumes in November as customers postponed purchases but the organised segment of the trade stands to gain in the long-term from the junking of old Rs 500 and Rs 1,000 banknotes, according to a study.

Enquiries for home loans are now gaining momentum: Sevantika Bhandari, DHFL

Enquiries for home loans are now gaining momentum: Sevantika Bhandari, DHFL

Tue, Jan 10, 2017

With home loan interest rates falling to an all time low DHFL is looking more people to their buying decision.

Board recommended note ban after govt advice: RBI to Parliamentary panel

Board recommended note ban after govt advice: RBI to Parliamentary panel

Tue, Jan 10, 2017

Contrary to popular belief, it was the Government which had "advised" the Reserve Bank to junk Rs 500/1000 notes on November 7 and the board of the central bank the very next day recommended the demonetisation.

India Inc's fourth quarter revenue growth to remain under pressure

India Inc's fourth quarter revenue growth to remain under pressure

Tue, Jan 10, 2017

Prasad Koparkar, Senior Director, CRISIL Research: “Despite a favourable monsoon and lower borrowing costs, we expect key consumption-driven sectors such as automobiles, telecom services and FMCG to record the slowest growth in two years."

Demonetisation: Residential property sales in Mumbai region fall over 50%

Demonetisation: Residential property sales in Mumbai region fall over 50%

Tue, Jan 10, 2017

Residential and office segment of Mumbai Metropolitan Region (MMR) have recorded worst fall in the second half (H2) of 2016 on the back of the government's demonetisation drive and other economic events resulting in fall in sales volume and new launches in the fourth quarter (Q4) of last year, sa

Rs 25,000 crore of cash moved to digital since Nov 8: SBI

Rs 25,000 crore of cash moved to digital since Nov 8: SBI

Tue, Jan 10, 2017

Other sectors like textile, wholesale segment, gems and jewellery sector were also hit with the declining sales.

Demonetisation: Residential market witnesses worst fall in H2 2016, says Knight Frank India

Demonetisation: Residential market witnesses worst fall in H2 2016, says Knight Frank India

Tue, Jan 10, 2017

Residential market has witnessed a decline in the second half (H2) of 2016 on the back of the government's demonetisation move resulting in fall in sales volume and new launches in the fourth quarter (Q4) of 2016, said a latest report by Knight Frank India.

India at exciting but challenging time: RBI Deputy Governor Acharya

India at exciting but challenging time: RBI Deputy Governor Acharya

Tue, Jan 10, 2017

Acharya will be in charge of monetary policy, foreign exchange and market operations, as well as research and statistics.

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