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Osmangunj transport market wears a deserted look in Hyderabad on Monday | sayantan ghosh
Heavy transport hit by demonetisation, down by 70 per cent

As traders supplying goods to other cities are unable to buy goods due to shortage of cash, there are not many orders received.

08 Nov 2017

Even as prices of real estate have come down in last one year, but, plots and lands are still selling at huge premiums in many parts of Delhi and in other cities as well.
Post Demonetisation: Black money still in operation

A majority of people took to digital mode of transactions to make the country cashless following the announcement of demonetization by the Prime Minister Narendra Modi on November 8 last year.

08 Nov 2017

What did we learn from notes ban?

Whichever side of the optimist/pessimist camp you belong to, last year’s demonetisation has been a watershed event in modern India

08 Nov 2017

Image used for representational purpose only.
I-T to issue 1 lakh notices for huge deposits post demonetisation

In the first tranche, notices will be issued to 70,000 entities who deposited over Rs 50 lakh in cash in banks but chose not to file tax returns.

07 Nov 2017

Finance Minister Arun Jaitley | PTI
Demonetisation, GST impact behind us, growth in sight: Arun Jaitley

Arun Jaitley said that the impact of structural reforms is behind us and the early economic indicators point to an improvement.

07 Nov 2017

Finance Minister Arun Jaitley | PTI
Cash comes at a cost, nation moving towards digital economy: Finance Minister Arun Jaitley

Finance Minister Arun Jaitley said that India is gradually moving towards digital transactions.

06 Nov 2017

The learning from a ‘Robin Hood’ Demo that backfired

Almost a year after Prime Minister Modi in one fell swoop declared Rs 500 and Rs 1,000 notes illegal tender, sucking out 86 per cent or Rs 15.4 lakh crore from the system, India is still limping back

06 Nov 2017

The once rewarding cement brick kilns are no longer safe bets for a decent livelihood. Migrant labourers go about their task in Perumbavoor
One year post-Demonetisation: Dream gone sour for Migrant labourers

One year after the note ban, its ghost still haunts the industrial belt in the state, casting a pall of gloom over migrant labourers. The repercussions of demonetisation have forced many of them to re

05 Nov 2017

Image used for representational purpose only.
Remembering ‘de-mon’ rigours, a year after

Coming Wednesday marks the first anniversary of demonetisation, which saw the government withdrawing Rs 500 and Rs 1,000 currency notes that accounted for an overwhelming 86 percent.

05 Nov 2017

Image used for representational purpose only.
Bank employees shouldered worst impact of demonetisation: Unions 

The employees, say bank unions, bore the major brunt of the sudden decision announced on November 8 last year by the Prime Minister.

02 Nov 2017

Kamal Haasan
Kamal Haasan apologises for supporting demonetisation in a hurry

Actor Kamal Haasan has tendered 'A big apology' to people for supporting Narendra Modi's demonetisation of 1000 and 500 currency notes in November 2016.

18 Oct 2017

A R Rahman
A R Rahman unveils track 'The flying lotus' on demonetisation, says he is not making judgement

AR Rahman on Friday unveiled a 19-minute music piece titled "The flying lotus", based on Prime Minister Narendra Modi government's move to demonetise high value currency notes.

06 Oct 2017

Indian insurer ICICI Lombard's initial public offering of shares to raise as much as 57 billion rupees ($888.40 million) was fully subscribed early on the last day of the sale on Tuesday. (Reuters file Image of stock broker used for representational purpose only)
ICICI Lombard IPO gets fully subscribed, bidding ends later on Tuesday

As of 0515 GMT, the sale had received bids 1.03 times the number of shares on offer, according to data from the BSE and the National Stock Exchange.

19 Sep 2017

Former RBI Governor Raghuram Rajan |AP
Hard to figure out the actual impact of demonetisation, especially on the informal sector: Raghuram Rajan

He reiterated that he had told the government in early 2016 that the short-term consequences of the note-ban exercise would outweigh the long-term benefits.

06 Sep 2017

Image used for representational purpose only. | Reuters
Snapdeal board approves Flipkart's USD 950 million takeover offer: Sources

Online marketplace Snapdeal has accepted Flipkart's revised takeover offer of up to $950 million, two sources told Reuters.

26 Jul 2017

Image used for representational purpose only.
Book explores spectrum of demonetisation in detail

Eminent names from the political and the academic world explore the entire spectrum of demonetisation in a new book.

06 Jul 2017

Reserve Bank of India . (File photo)
Govt allows banks, post offices and co-ops to deposit old bank notes with RBI

India's cooperative banks have also been allowed to exchange old currency notes with the RBI, if they had collected these notes by Nov. 14

21 Jun 2017

A man holds 2000 Indian rupees notes as he gets out of a bank in Mumbai.(Photo | Reuters)
Growth recovery ahead; policy rates to be on hold in June: Report

GDP growth is expected to slow to 7.2 per cent in January-March from 7.6 per cent in the preceding quarter, but recovery is on the cards due to easier financial conditions.

30 May 2017

Turkish President Recep Tayyip Erdogan receives a bust of Mahatma Gandhi at Rajghat in New Delhi on Monday. (PTI)
India, Turkey trade should be balanced: Erdogan

Erdogan said the two nations can complement each other in several areas including research, and added that his country can assist in India's need for rapid development of infrastructure. 

01 May 2017

The committee was of the view that Finance Ministry and RBI should hold discussions with the affected parties and provide support to sectors that virtually collapsed during the demonetization
Demonetisation created significant disruption throughout economy: Parliamentary panel

Committee on Subordinate legislation in its report expressed its anguish that such a major exercise has been carried out without any adequate research on the needs of the different sectors of economy.

10 Apr 2017

File Photo of RBI. | Reuters
Scramble to exchange money as March 31 deadline nears

The queues seem to be spilling over as the deadline for the exchange of invalid notes by residents who were abroad during the cash ban.

29 Mar 2017