On January 24, 2017 15:31 (IST)
Indian vendors were hit most due to demonetisation with a drop of 37.2 per cent in November as compared to Chinese players with 26.5 per cent drop and global vendors with 30.5 per cent drop over the previous month.
On January 24, 2017 10:58 (IST)
India may have leapfrogged the U.S. technology industry with simple and practical innovations and massive grunt work. It has built a digital infrastructure that will soon process billions more transactions than bitcoin ever has.
On January 23, 2017 23:22 (IST)
Overall, Fitch Ratings has assigned a negative outlook to almost one third of the Asia Pacific (APAC) corporate sectors for 2017.
On January 23, 2017 20:55 (IST)
Belying popular expectations, India's factory output, as measured by the IIP released earlier this month, rose 5.7 per cent in November, the first month of the government's demonetisation drive.
On January 23, 2017 20:41 (IST)
It is a must to bring down the taxes on gold if the government wants to promote transparency in the sector following demonetisation, a WGC official said.
On January 24, 2017 11:17 (IST)
The demonetisation had sucked out 86 per cent of the currency bills from the economy, hurting the demand in a consumption driven economy
On January 23, 2017 15:57 (IST)
According to the global financial services major, the government will have to tread very carefully between the need for stimulating demand in a weak economic environment after demonetisation and continuing on the path of fiscal consolidation.
On January 22, 2017 17:39 (IST)
On the sectoral impact of demonetisation, the survey said agriculture, cement, fertilizers, automobile, textiles, real estate and retail will have negative impact.
On January 22, 2017 13:08 (IST)
"Income Tax Department is already taking actions in cases where cash deposits above Rs 50,000 have been made without quoting of PAN.
On January 22, 2017 12:30 (IST)
The Revenue Department's response was on the impact of demonetisation on economic growth, sources said.
On January 22, 2017 12:26 (IST)
On push for digital economy and the recent demonetisation move and whether the pain would be limited to short-term given the world economy is going through uncertain times, he said.
On January 22, 2017 12:51 (IST)
Although overall sales of the company last year were on positive side, but it got affected due to the government's demonetisation drive, he added.
On January 21, 2017 17:52 (IST)
Roughly 70 million pieces of notes of different denominations are being printed per day at the printing press. This translates into around 1.8 billion pieces per month, said the SBI Research report, released on Friday.
On January 23, 2017 23:32 (IST)
Taxpayers who have undisclosed income are well advised to use the opportunity provided under the PMGKY, writes Ms Kasturirangan.
On January 24, 2017 16:49 (IST)
A number of initiatives like ease of doing business or GST implementation are important, but none more important than providing an economic rationale for investment, writes Mr Kandaswami.
On January 20, 2017 20:51 (IST)
Under the PMGKY, undisclosed income deposited in any bank or post office account can be declared by paying 50 per cent of it in taxes and surcharges.
On January 20, 2017 20:32 (IST)
RBI Governor Urjit Patel along with Deputy Governor R Gandhi and other senior functionaries appeared before the PAC, headed by former union minister and senior Congress leader K V Thomas, for oral evidence on 'Review of Monetary Policy'.
On January 20, 2017 17:57 (IST)
Earnings before interest, tax, depreciation and amortization (EBITDA) halved to Rs 8 crore against Rs 16.4 crore during the year-ago period.