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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 late...

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 go...

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...

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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Tractor sales to grow by 17% in FY17 if demand normalises

Tractor sales to grow by 17% in FY17 if demand normalises

Mon, Dec 05, 2016

Tractor sales are expected to take a hit in the short-term period due to demonetisation impacting farmers' seeds and fertiliser purchases.

Now your Paytm wallet will become your Paytm Payments Bank account

Now your Paytm wallet will become your Paytm Payments Bank account

Mon, Dec 05, 2016

Digital wallet service company, Paytm owned by One97 Communications Ltd, said on Monday that it will be converted into Paytm Payments Bank after the company is granted licenses by Reserve Bank of India.

Toyota announces price hike of 3% on its cars from January 2017

Toyota announces price hike of 3% on its cars from January 2017

Mon, Dec 05, 2016

The hike in price is due to the increase in raw material prices which it had been absorbing for a while.

E-tailing, taxi-hailing companies see a decline in transactions post demonetisation

E-tailing, taxi-hailing companies see a decline in transactions post demonetisation

Mon, Dec 05, 2016

As e-tailing sites and online cab booking services were heavily dependent on cash, it has taken a big hit in terms of the transactions.

India’s gold imports at 11-month high in October at over 99 tons

India’s gold imports at 11-month high in October at over 99 tons

Mon, Dec 05, 2016

Ministry of Commerce and Industry, on Monday revealed the details of gold imports in India over the past year and October’s imports which amounted to 99.62 tons valued at $3.5 billion.

Yes Bank partners with Ola to set up mobile ATMs in 10 cities

Yes Bank partners with Ola to set up mobile ATMs in 10 cities

Mon, Dec 05, 2016

On account of the cash crunch prevailing in India after PM Modi's decision to demonetise higher currency notes, Yes Bank announced on Monday a partnership with Ola cabs to set up mobile ATMs in 10 cities.

Demonetisation: ED arrests two private bank officers for money laundering

Demonetisation: ED arrests two private bank officers for money laundering

Mon, Dec 05, 2016

Two private bank officials were arrested in connection with the laundering of money during the demonetisation drive.

Indian services activity plunges into contraction in November on cash crackdown

Indian services activity plunges into contraction in November on cash crackdown

Mon, Dec 05, 2016

Indian services activity dived into contraction in November after Prime Minister Narendra Modi`s surprise move to withdraw high denomination banknotes led to a sharp decline in demand, a survey showed on Monday.

BigBasket eyes Rs 2,000-crore revenue by end of FY17; expects to become profitable by March 2018

BigBasket eyes Rs 2,000-crore revenue by end of FY17; expects to become profitable by March 2018

Sun, Dec 04, 2016

With people becoming comfortable buying even milk and bread online, e-grocery platform BigBasket on Sunday said it has seen 300% growth in revenue in the past one year and expects to cross the Rs 2,000 crore-milestone by the fiscal-end.

RBI Governor Urjit Patel may cut rate by 0.25% in policy review on December 7

RBI Governor Urjit Patel may cut rate by 0.25% in policy review on December 7

Sun, Dec 04, 2016

Reserve Bank of India (RBI) Governor Urjit Patel is expected to again go in for a 0.25% interest rate cut at its next policy review on December 7, Wednesday, with an aim to cushion the impact of demonetisation, a majority bankers feel.

Demonetisation: Micro-ATMs, POS asked to guard against cyber attacks

Demonetisation: Micro-ATMs, POS asked to guard against cyber attacks

Sun, Dec 04, 2016

With the usage of micro-ATMs and POS counters witnessing a sharp surge post demonetisation, the country's premier cyber security agency CERT-In has cautioned customers, bankers and traders against skimming and malware attacks on these systems and asked them to adopt high-end encryption to plug po

Demonetisation will push India's GDP growth: Piyush Goyal

Demonetisation will push India's GDP growth: Piyush Goyal

Sun, Dec 04, 2016

Notwithstanding economists` prediction that demonetisation would hit the country`s Gross Domestic Product (GDP) growth, Union Minister Piyush Goyal on Saturday said when informal economy goes into the formal mode with the banning of high-value currency, this will add to the GDP.

RBI policy, macro data, global cues to dictate market trend this week

RBI policy, macro data, global cues to dictate market trend this week

Sun, Dec 04, 2016

Outcome of the Reserve Bank of India's (RBI) monetary policy review, macroeconomic data and major global events would set the market tone this week, say experts.

Fintech startups likely to witness rise in hiring post demonetisation

Fintech startups likely to witness rise in hiring post demonetisation

Sun, Dec 04, 2016

Fintech startups are proving to be the biggest beneficiaries of the government's demonetisation move and with the rise in business, recruitment plans of these companies are likely to see significant uptrend in coming months, experts say.

Will find way to let poor retain Jan Dhan deposits: PM Modi

Will find way to let poor retain Jan Dhan deposits: PM Modi

Sun, Dec 04, 2016

Prime Minister Narendra Modi on Saturday said he "will find a way" to jail the rich who had after demonetisation stashed their ill-gotten wealth in Jan Dhan bank accounts of the poor, and let the poor retain their money.

Govt must up public expenditure to push consumption: Assocham

Govt must up public expenditure to push consumption: Assocham

Sun, Dec 04, 2016

Arguing that private consumption will take a "significant hit" at least in the next two quarters following demonetisation, Assocham on Sunday said the government should jack up its public expenditure in 2016-17.

Interest, tax rates to go down post demonetisation: Arjun Ram Meghwal

Interest, tax rates to go down post demonetisation: Arjun Ram Meghwal

Sun, Dec 04, 2016

The rates of interest and tax will soon come down mainly due to the demonetisation drive of the government, Minister of State for Finance Arjun Ram Meghwal said on Saturday. "Interest rates and tax rates will soon decrease (after the demonetisation step)," Meghwal said.

Demonetisation will push GDP growth to 10%: Arjun Ram Meghwal

Demonetisation will push GDP growth to 10%: Arjun Ram Meghwal

Sun, Dec 04, 2016

Demonetisation will lead to a spurt in economic activity, which will in turn push gross domestic product (GDP) growth to 10%, Union minister Arjun Ram Meghwal has said.

Rs 13,860 crore declared in IDS ''not mine'': Mahesh Shah

Rs 13,860 crore declared in IDS ''not mine'': Mahesh Shah

Sat, Dec 03, 2016

Mahesh Shah, a businessman from Gujarat who made a surprising disclosure Rs 13,860 crore in unaccounted wealth under the Income Declaration Scheme (IDS) two months ago, said on Saturday he was used as a front by some businessmen and politicians to declare the money and would name them soon.

PM Narendra Modi says demonetisation will end all problems

PM Narendra Modi says demonetisation will end all problems

Sat, Dec 03, 2016

Prime Minister Narendra Modi on Saturday acknowledged the inconvenience caused to people by demonetisation and said it was a move that would end all the problems, including poverty, corruption and black money in India.

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