Demonetisation: The Short & Long Term Effects
Mar 17, 2017
Outlook On Consumer Sector
Mar 08, 2017
On March 29, 2017 19:23 (IST)
The 811 scheme offers a "completely digital, paperless account opening experience" through Kotak Bank's app in five minutes, executive vice-chairman Uday Kotak said.
On March 29, 2017 17:08 (IST)
People are leaving nothing to chance and lining up at the RBI office in the national capital from the night itself so that they get to deposit the currency next day.
On March 29, 2017 12:41 (IST)
Many analysts were surprised that a slowdown in growth during the December quarter was not as bad as they had expected following the decision to outlaw 500 and 1,000 rupee banknotes.
On March 26, 2017 19:41 (IST)
In an ongoing three-day tech festival at IIT Roorkee, the panel discussed the effects of demonetisation, use of mobile wallets and digital transactions in rural India.
On March 26, 2017 16:30 (IST)
Shashi Kant Sharma said the auditor is gearing up to audit tax revenues under the new GST regime and has started capacity building and reorienting its audit methodology and procedures.
On March 26, 2017 16:16 (IST)
The upward revision in services exports is one of the main reasons in containing current account deficit, according to SBI Research.
On March 26, 2017 15:07 (IST)
The central bank refused to share noting on the decision to limit currency conversion window till March 31 only for NRIs saying it would be against the economic interests of the state.
On March 23, 2017 15:07 (IST)
The panel wants to know from the RBI governor as well as the finance ministry officials the number of junked currency that was deposited in bank accounts post November 8, 2016 decision to demonetise higher denomination notes.
On March 22, 2017 14:14 (IST)
Though the adverse growth effects of demonetisation are waning, the pace of improvement is gradual and not yet broad based, Nomura said.
On March 15, 2017 21:08 (IST)
PM Modi had on November 8 announced scrapping of old Rs 500 and Rs 1,000 notes, pulling out 86 per cent of the total currency in circulation.
On March 15, 2017 21:04 (IST)
The department had collected Rs 1.01 trillion in advance taxes from the city in the March quarter of last fiscal.
On March 15, 2017 16:43 (IST)
The approximate cost of printing each note of new Rs 500 is in the range of Rs 2.87 to Rs 3.09, and Rs 3.54 to Rs 3.77 for Rs 2,000, Minister of State for Finance Arjun Ram Meghwal said.
On March 14, 2017 20:50 (IST)
The latest prosecution figures do not include action linked to demonetisation as such cases are still in the investigation stage, a senior income tax officer said.
On March 14, 2017 16:46 (IST)
In February, the weekly withdrawal limit per account was raised to Rs 50,000 from Rs 24,000.
On March 14, 2017 22:44 (IST)
The Reserve Bank of India had on January 30 ended all curbs on withdrawals from current accounts, cash credit accounts and overdraft accounts.
On March 12, 2017 15:37 (IST)
Asked if he would ever advise any other economy to undertake such a drastic step as replacing 86 per cent of its currency, Desai replied, "I would advise other economies to try demonetisation, but (go for) better arrangements for introduction of new currency."
On March 12, 2017 13:17 (IST)
Gold imports reduced to 54.1 tonnes in December and 53.2 tonnes in January from a high of 119.2 tonnes in November, the month during which the government scrapped the old Rs 500/1,000 notes.
On March 10, 2017 18:55 (IST)
The factory output, measured in terms of Index of Industrial Production (IIP), had contracted by 0.1 per cent in December on account of cash crunch following demonetisation of high value currency notes.