Currency Ban
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Government's Crackdown On Cash Tempers De Beers Diamond Sales
Anglo American said rough diamond sales for De Beers' final sale of the year amounted to $418 million, compared with the $476 million value of the previous sales cycle this year.
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RBI Says Enough Cash Available As Crowds Throng Banks
The RBI announcement attempting to assure the public comes as anger intensified in the country on Sunday with banks struggling to dispense money following the government's decision to withdraw large denomination notes in an attempt to uncover many billions of dollars in undeclared wealth.
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Rs 2.5 Lakh Crore Of Banned Notes May Not Be Deposited, Says SBI
SBI noted that going by data as on November 9, the amount of high currency denomination notes was Rs 15.44 lakh crore
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India Growth On Recovery Path From April Next Year: Morgan Stanley
The currency replacement programme is a roadblock in the short term and GDP growth for the quarters ending December and March is expected to slow down by around 50-75 bps, says Morgan Stanley.
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For Banks, Note Ban Could Bring Rs 38,000 Crore In Treasury Windfall: Report
This potential of windfall earnings from treasury gains comes at a time when banks are facing significant challenges, from bad assets to weak credit growth to capital requirement for new regulatory norms.
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How Big Note Ban Could Impact Your EMIs, Bank FD Rates
The government's decision to abolish Rs 500 and Rs 1,000 notes and replace them with new currency to crack down on black money could impact the economy in the near term, say analysts.
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Opinion: As Fear Grips Market, Blue Chips Available For A Song
Many asset classes suffered collateral losses last week as huge gyrations were reflected globally on equities, bonds, currencies and commodities as Donald Trump was elected President of the US.
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There's No Magic $45 Billion Behind India's Dry ATMs: Foreign Media
The demonetization of India's existing stock of 500 and 1,000 rupee notes has spawned a number of such apocryphal tales, one of which is a $45 billion bonanza for the government.
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There's No Magic $45 Billion Behind India's Dry ATMs: Foreign Media
The demonetization of India's existing stock of 500 and 1,000 rupee notes has spawned a number of such apocryphal tales, one of which is a $45 billion bonanza for the government.
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Taliban Bans Use Of Foreign Currency In Afghanistan
Afghanistan's Taliban government announced a ban on the use of foreign currencies on Tuesday, threatening further disruption to an already ailing economy.
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RBI To Set Up Department That Would Focus On Fintech: Exclusive
The rise of payments banks and pure-digital banks was among the reasons for the setting up the department, RBI Governor Das says.
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RBI Refuses To State Cost Of Destroying Banned Currency
The Reserve Bank of India said that the process of destruction of banned notes got over in March 2018.
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Scrap 2,000 And 500-Rupee Notes: Chandrababu Naidu To Centre
Andhra Pradesh Chief Minister N Chandrababu Naidu today asked the Centre to scrap the banknotes of Rs 2,000 and Rs 500 denomination to speed up digital payments.
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Post Notes Ban, Cash Withdrawal Seeing Rapid Declining Trend: Report
Cash withdrawal has been falling rapidly, post demonetisation, as borne out by the fact that it is down to Rs 32,500 crore in the week to March 24 from a peak of Rs 52,800 crore for the week ended January 13, says a report.
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14 Arrested With Banned Notes Of Over 9 Crores In Bengaluru
Fourteen persons, including son-in-law of former Karnataka Legislative Council Chairman Veeranna Mattikatti, were arrested on Saturday night with demonetised notes of the face value of Rs 9.10 crore, the city police said on Sunday.
-
Government's Crackdown On Cash Tempers De Beers Diamond Sales
Anglo American said rough diamond sales for De Beers' final sale of the year amounted to $418 million, compared with the $476 million value of the previous sales cycle this year.
-
RBI Says Enough Cash Available As Crowds Throng Banks
The RBI announcement attempting to assure the public comes as anger intensified in the country on Sunday with banks struggling to dispense money following the government's decision to withdraw large denomination notes in an attempt to uncover many billions of dollars in undeclared wealth.
-
Rs 2.5 Lakh Crore Of Banned Notes May Not Be Deposited, Says SBI
SBI noted that going by data as on November 9, the amount of high currency denomination notes was Rs 15.44 lakh crore
-
India Growth On Recovery Path From April Next Year: Morgan Stanley
The currency replacement programme is a roadblock in the short term and GDP growth for the quarters ending December and March is expected to slow down by around 50-75 bps, says Morgan Stanley.
-
For Banks, Note Ban Could Bring Rs 38,000 Crore In Treasury Windfall: Report
This potential of windfall earnings from treasury gains comes at a time when banks are facing significant challenges, from bad assets to weak credit growth to capital requirement for new regulatory norms.
-
How Big Note Ban Could Impact Your EMIs, Bank FD Rates
The government's decision to abolish Rs 500 and Rs 1,000 notes and replace them with new currency to crack down on black money could impact the economy in the near term, say analysts.
-
Opinion: As Fear Grips Market, Blue Chips Available For A Song
Many asset classes suffered collateral losses last week as huge gyrations were reflected globally on equities, bonds, currencies and commodities as Donald Trump was elected President of the US.
-
There's No Magic $45 Billion Behind India's Dry ATMs: Foreign Media
The demonetization of India's existing stock of 500 and 1,000 rupee notes has spawned a number of such apocryphal tales, one of which is a $45 billion bonanza for the government.
-
There's No Magic $45 Billion Behind India's Dry ATMs: Foreign Media
The demonetization of India's existing stock of 500 and 1,000 rupee notes has spawned a number of such apocryphal tales, one of which is a $45 billion bonanza for the government.
-
Taliban Bans Use Of Foreign Currency In Afghanistan
Afghanistan's Taliban government announced a ban on the use of foreign currencies on Tuesday, threatening further disruption to an already ailing economy.
-
RBI To Set Up Department That Would Focus On Fintech: Exclusive
The rise of payments banks and pure-digital banks was among the reasons for the setting up the department, RBI Governor Das says.
-
RBI Refuses To State Cost Of Destroying Banned Currency
The Reserve Bank of India said that the process of destruction of banned notes got over in March 2018.
-
Scrap 2,000 And 500-Rupee Notes: Chandrababu Naidu To Centre
Andhra Pradesh Chief Minister N Chandrababu Naidu today asked the Centre to scrap the banknotes of Rs 2,000 and Rs 500 denomination to speed up digital payments.
-
Post Notes Ban, Cash Withdrawal Seeing Rapid Declining Trend: Report
Cash withdrawal has been falling rapidly, post demonetisation, as borne out by the fact that it is down to Rs 32,500 crore in the week to March 24 from a peak of Rs 52,800 crore for the week ended January 13, says a report.
-
14 Arrested With Banned Notes Of Over 9 Crores In Bengaluru
Fourteen persons, including son-in-law of former Karnataka Legislative Council Chairman Veeranna Mattikatti, were arrested on Saturday night with demonetised notes of the face value of Rs 9.10 crore, the city police said on Sunday.
