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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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Banks to serve only their customers for exchange of notes tomorrow

Banks to serve only their customers for exchange of notes tomorrow

Fri, Nov 18, 2016

However, senior citizens are exempted and they can go to any bank branch to exchange notes tomorrow.

India's FY18 GDP growth cut to 5.8% on demonetisation impact: Report

India's FY18 GDP growth cut to 5.8% on demonetisation impact: Report

Fri, Nov 18, 2016

The GDP growth is expected to contract in the third quarted of this fiscal.

How to avoid cyber fraud in card transaction

How to avoid cyber fraud in card transaction

Fri, Nov 18, 2016

To secure the POS system, any Wi-Fi systems should be password-protected.

PM Modi's demonetisation drive may shave off 0.5% from India's GDP this year

PM Modi's demonetisation drive may shave off 0.5% from India's GDP this year

Fri, Nov 18, 2016

GVA or Gross Value Added is a measure of the value of all goods and services produced in an economy.

Demonetisation: India gold premiums surge to two-year highs on fears of import curb

Demonetisation: India gold premiums surge to two-year highs on fears of import curb

Fri, Nov 18, 2016

Gold premiums in India jumped to two-year highs this week as jewellers ramped up purchases on fears that the government might put curbs on imports after withdrawing higher-denomination notes from circulation in its fight against black money.

Cash crunch to hurt Indian palm oil imports

Cash crunch to hurt Indian palm oil imports

Fri, Nov 18, 2016

India's palm oil imports are expected to slip next month by up to a fifth, including from the top two producers Indonesia and Malaysia, as New Delhi`s removal of high-value rupee notes from circulation disrupts distribution systems and curbs demand.

Paytm targets retail store transactions worth Rs 400 crore by year-end

Paytm targets retail store transactions worth Rs 400 crore by year-end

Fri, Nov 18, 2016

The company has seen a sudden surge in retail store transactions after the demonetisation of Rs 500, Rs 1,000 notes.

Demonetisation: SBI cash deposits cross Rs 1.2 lakh crore in 7 days

Demonetisation: SBI cash deposits cross Rs 1.2 lakh crore in 7 days

Fri, Nov 18, 2016

Cash deposits in State Bank of India reach Rs 1.27 lakh crore Exchange of old note transactions reach Rs 6,477 crore, says SBI SBI says cash withdrawal transactions amount to Rs 23,337 crore

No plan to reissue Rs 1,000 note, ATMs being recalibrated: FM Jaitley

No plan to reissue Rs 1,000 note, ATMs being recalibrated: FM Jaitley

Thu, Nov 17, 2016

The Finance Minister also said that 22,500 ATMs would be re-calibrated on Thursday.

Pay IT dues in advance to avoid last minute rush, says RBI

Pay IT dues in advance to avoid last minute rush, says RBI

Thu, Nov 17, 2016

Reserve Bank has asked income tax assessees to pay their dues in advance for December quarter and has designated a total of 29 banks at which the payments can be done.

Demonetisation: Sufficient currency available, RBI assures

Demonetisation: Sufficient currency available, RBI assures

Thu, Nov 17, 2016

The RBI released a notification where it requested that there is no need to panic or hoard currency notes.

Indians flock to buy branded apparel; cast out new entrants, online retailers

Indians flock to buy branded apparel; cast out new entrants, online retailers

Thu, Nov 17, 2016

Branded retail segments have outperformed the new entrants and online fashion retailers as Indian consumers are seen to upgrade to the big players.

Demonetisation: Micro Finance Institutions to take a short term hit

Demonetisation: Micro Finance Institutions to take a short term hit

Thu, Nov 17, 2016

The industry is in talks with the Reserve Bank of India and Finance Ministry to allow MFIs to collect discontinued currency.

Facts vs Myth: Govt clarifies your doubts about demonetisation

Facts vs Myth: Govt clarifies your doubts about demonetisation

Thu, Nov 17, 2016

There have been a lot of rumours going around about the demonetisation move of PM Narendra Modi and the government sought to put them to rest with a series of tweets on Wednesday night.

Key Indian equity market indices open flat

Key Indian equity market indices open flat

Thu, Nov 17, 2016

The barometer 30-scrip sensitive index (Sensex) dipped by 5.94 points or, 0.02 per cent at the closing. In the day`s trade, the index touched a high of 26,621.40 points and a low of 26,239.21 points. The Nifty, was up by 3.15 points, or 0.04 per cent.

Demonetisation row: Congress, BSP demand PM Modi's presence in Rajya Sabha

Demonetisation row: Congress, BSP demand PM Modi's presence in Rajya Sabha

Wed, Nov 16, 2016

The opposition leaders in the Rajya Sabha on Wednesday demanded the presence of Prime Minister Narendra Modi in the upper house of Parliament to listen to their views on demonetisation.

Retail sales drop by a fourth due to demonetisation

Retail sales drop by a fourth due to demonetisation

Wed, Nov 16, 2016

Retailers in India have seen a 50-70% drop in sales within the first 5 days as an impact of demonetisation, said RAI.

Demonetisation: RBI lays down 6-step procedure for banks to use indelible ink

Demonetisation: RBI lays down 6-step procedure for banks to use indelible ink

Wed, Nov 16, 2016

The Reserve Bank of India (RBI) on Wednesday laid down a standard operating procedure to ensure the smooth transaction of money and application of indelible ink on people’s fingers.

Demonetisation: Is this the right time to open a fixed deposit account?

Demonetisation: Is this the right time to open a fixed deposit account?

Wed, Nov 16, 2016

Experts expect investments in FDs to rise as banks offer better-than-savings interest rates for a limited time.

NHAI may compensate concessionaires for loss in toll money

NHAI may compensate concessionaires for loss in toll money

Tue, Nov 15, 2016

With government's decision to stop toll collection till November 18 hitting concessionaires, National Highways Authority of India (NHAI) has proposed to compensate up to 75 % of the losses due to the move resulting from demonetisation.

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