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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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Here's how Royal Enfield sales raced ahead in December despite demonetisation

Here's how Royal Enfield sales raced ahead in December despite demonetisation

Fri, Jan 06, 2017

Royal Enfield was the only two-wheeler company in December to register a growth in sales.

5 tips for buying property post-demonetisation

5 tips for buying property post-demonetisation

Fri, Jan 06, 2017

In a surprise move to curb black money, corruption and terrorism, prime minister Narendra Modi on November 8 announced scrapping of old currency notes of Rs 500 and Rs 1,000 as legal tender from circulation resulting in cash crunch and chaos aross various sectors including real estate.

Toyota Kirloskar Motor sales up 16% in November-December

Toyota Kirloskar Motor sales up 16% in November-December

Fri, Jan 06, 2017

Footfalls and customer enquiries, however, saw slight improvement in December.

Demonetisation impact: Banks' loan growth likely to drop by 5% in Q3FY17

Demonetisation impact: Banks' loan growth likely to drop by 5% in Q3FY17

Fri, Jan 06, 2017

Repayments from loans completing the restructuring moratorium were higher during the quarter.

Full Text: 10 things President Pranab Mukherjee's said on demonetisation

Full Text: 10 things President Pranab Mukherjee's said on demonetisation

Fri, Jan 06, 2017

President of India Pranab Mukherjee delivered his address to Governors and Lt. Governors via video conferencing on January 5, 2017 where he gave his views on demonetisation and Indian economy.

Take extra care to lessen suffering of poor post note ban, says president Pranab Mukherjee

Take extra care to lessen suffering of poor post note ban, says president Pranab Mukherjee

Thu, Jan 05, 2017

Extra care must be taken to alleviate sufferings of the poor triggered by economic slow down which has become unavoidable post demonetisation, President Pranab Mukherjee said on Thursday.

Demonetisation hits consumer buying sentiment, TRA Research says

Demonetisation hits consumer buying sentiment, TRA Research says

Thu, Jan 05, 2017

With consumers facing a severe cash crunch due to demonetisation led to lower consumer spends.

Note ban most disruptive policy innovation since 1991, says former RBI governor D Subbarao

Note ban most disruptive policy innovation since 1991, says former RBI governor D Subbarao

Thu, Jan 05, 2017

Former Reserve Bank of India (RBI) governor D Subbarao on Thursday termed demonetisation as "creative destruction and the most disruptive policy innovation since 1991 reforms" that has helped destroy blackmoney.

MobiKwik plans to achieve target of Rs 1,000 crore GMV in 2017

MobiKwik plans to achieve target of Rs 1,000 crore GMV in 2017

Thu, Jan 05, 2017

MobiKwik also announced that it is investing over Rs 50 crore in setting up new offices and will be hiring over 1,000 employees.

GDP may slump to 5% in Dec quarter, says HSBC

GDP may slump to 5% in Dec quarter, says HSBC

Thu, Jan 05, 2017

"We expect GDP to grow 5.0% in the October- December quarter and 6.0% in the January-March quarter, about 2 percentage points lower than we had expected before the demonetisation was announced," HSBC said in a research note.

97% of demonetised notes are back? RBI says don't know yet

97% of demonetised notes are back? RBI says don't know yet

Thu, Jan 05, 2017

RBI said, "We would like to clarify that the periodical Specified Bank Notes (SBN) figures released by us were based on aggregation of accounting entries done at the large no of Currency Chests all over the country. Now that the Scheme has come to an end on December 30, 2016, these figures would need to be reconciled with the physical cash balances to eliminate accounting errors/ possible double counts etc."

Interest Rate Cut: Real estate companies expect more to boost demand for housing

Interest Rate Cut: Real estate companies expect more to boost demand for housing

Thu, Jan 05, 2017

After all leading banks lowered their home loan rates, real estate developers are now expecting further rate cuts in order to boost demand for housing.

Demonetisation will help Indian economy tremendously, says Anil Agarwal, Chairman, Vedanta Ltd

Demonetisation will help Indian economy tremendously, says Anil Agarwal, Chairman, Vedanta Ltd

Thu, Jan 05, 2017

In conversation with Chairman of Vedanta, Anil Agarwal, Manoj Dharra talks about expectations from Budget 2017, Vedanta's performance impact due to demonetisation.

A road full of potholes for carmakers in 2017

A road full of potholes for carmakers in 2017

Thu, Jan 05, 2017

While automobile companies battling with demonetisation at the end of 2016 till currently, there are other roadblocks such as GST, emission norms, etc. which can bring the auto industry to grinding halt.

Tax collection to exceed budget estimates this fiscal: Arun Jaitley

Tax collection to exceed budget estimates this fiscal: Arun Jaitley

Wed, Jan 04, 2017

Finance Minister Arun Jaitley on Wednesday expressed confidence that direct and indirect tax mop-up will surpass Budget estimate of Rs 16.3 lakh crore by March-end.

Govt likely to meet fiscal deficit target of 3.5% of GDP in FY17: DBS

Govt likely to meet fiscal deficit target of 3.5% of GDP in FY17: DBS

Wed, Jan 04, 2017

Government is expected to meet the fiscal deficit target of 3.5% of GDP in the current financial year, despite recent demonetisation move and potential delay in roll out of the Goods and Services Tax (GST), says a report.

FMCG firms to see 5-6% drop in bottomline due to note ban

FMCG firms to see 5-6% drop in bottomline due to note ban

Wed, Jan 04, 2017

For the consumer goods sector as a whole, sales are down a whopping 40-70%, according to analysts.

Mahindra tractor, pick-up sales buck demonetisation impact

Mahindra tractor, pick-up sales buck demonetisation impact

Wed, Jan 04, 2017

Tractor sales grew by a large 9%, while pick-ups grew by 14% year-on-year despite demonetisation

Industry concerned over economic revival post demonetisation

Industry concerned over economic revival post demonetisation

Tue, Jan 03, 2017

Industrialists on Tuesday expressed their concerns about the revival of the economy post demonetisation in a closed-door meeting with Union Coal Minister Piyush Goyal in Kolkata. The minister met the country's top industrialists at the CII national council meeting.

Ad spends will stablise by the third quarter of 2017: SK Swamy, ASCI

Ad spends will stablise by the third quarter of 2017: SK Swamy, ASCI

Tue, Jan 03, 2017

The banking sector has lowered their ad spends in the two months since demonetisation, says Swamy.

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