Demonetisation Notes Ban
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After PM's Shock Notes Ban, Indians Revert To Old Habit Of Hoarding Cash
Currency withdrawals in the January-March quarter stood at Rs 1.4 lakh crore, about 27 per cent more than in same quarter of 2016.
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After Banknote Ban, Government Sees 7% Growth In First Six Months Of 2017-18: Report
Several private economists have said note ban could drag down growth in the next fiscal year to 6.5 percent to 7 percent, as small businesses fired workers, consumer demand fell and farmers' winter sowing efforts were hit.
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PM Modi's Steps To Save Economy From Hurting From Notes Ban
Food prices are set to drop as his Nov. 8 move to scrap 86 percent of currency in circulation triggered distress sales of crops.
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India's Worthless Cash Turning Into Gold for State-Run Banks
The government's surprise move last month to invalidate old 500- and 1,000-rupee notes has driven millions to banks to deposit the currency or exchange them for new notes.
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RBI Working On Plan To Reduce Online Charges: Report
Mr Patel met the panel to answer questions about the November 8 abolition of Rs 500 and Rs 1,000 notes, or 86 per cent of the currency then in circulation.
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Crusade Against Black Money - The Saga Continues!
Taxpayers who have undisclosed income are well advised to use the opportunity provided under the PMGKY, writes Ms Kasturirangan.
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Reserve Bank Cleared Notes Ban Less Than 3 Hours Before PM Modi's Speech on Nov 8
The decision to withdraw the legal tender character of the 500 and 1000 rupee notes to the central government was taken at 5:30 p.m. on Nov. 8 at a board meeting, the RBI said in its responses.
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Growth Forecast Today May Not Capture Extent Of Hit By Notes Ban
India's gross domestic product will grow 6.8 percent in the year through March, according to the median of 15 estimates in a Bloomberg survey of economists, with the Statistics Office's forecast due at 5:30 p.m. today.
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What Urjit Patel Must Do To Save RBI's Dented Reputation
Building up, extending and preserving the RBI's autonomy has been a difficult and sometimes delicate task.
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After Notes Ban, A New $9 Billion Mystery: Where Did It Come From?
Indians withdrew about 600 billion rupees ($9 billion) more than the 9.1 trillion rupees of currency in circulation as of Jan. 13, according to a report submitted by the Reserve Bank of India to a parliamentary panel on Wednesday.
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2 Years After Demonetisation, Some Hits And Many Misses: Report
As the dust settles on the demonetisation episode, the data show it didn't weed out black money or cash gained through illegal means, which was a key objective of Prime Minister Narendra Modi's plan. On the plus side, there's been some widening in the country's dismal tax base, an increase in digital payments and a drop in fake notes.
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Demonetisation Effect: Money Supply Growth May Decline By 3 Per Cent
Considering the average growth of money supply for lastthree years which is around 12 per cent, growth in moneysupply might moderate to an estimated 9 per cent in nearterm
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Finance Minister Arun Jaitley Hints Not All Scrapped Currency Will Be Remonetised
As many as 17,165 million pieces of Rs 500 denomination and 6,858 million pieces of Rs 1,000 banknotes were in circulation on November 8 when the government made the surprise announcement.
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Builders Pinning Hopes On Rate Cuts For Revival In 2017
The multi-year slowdown did not deter investment as cash-starved developers raised Rs 48,300 crore in 2016 from PE investors to fund their projects, up 53% from last year's, according to property consultant Cushman & Wakefield.
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Demonetisation To Have Transformative Effect On Economy: Urjit Patel
He said the stress shown by the domestic banking system is partly reflective of "legacy issues" but also said that "enhanced transparency has helped to reinforce the stability of India's financial system".
-
After PM's Shock Notes Ban, Indians Revert To Old Habit Of Hoarding Cash
Currency withdrawals in the January-March quarter stood at Rs 1.4 lakh crore, about 27 per cent more than in same quarter of 2016.
-
After Banknote Ban, Government Sees 7% Growth In First Six Months Of 2017-18: Report
Several private economists have said note ban could drag down growth in the next fiscal year to 6.5 percent to 7 percent, as small businesses fired workers, consumer demand fell and farmers' winter sowing efforts were hit.
-
PM Modi's Steps To Save Economy From Hurting From Notes Ban
Food prices are set to drop as his Nov. 8 move to scrap 86 percent of currency in circulation triggered distress sales of crops.
-
India's Worthless Cash Turning Into Gold for State-Run Banks
The government's surprise move last month to invalidate old 500- and 1,000-rupee notes has driven millions to banks to deposit the currency or exchange them for new notes.
-
RBI Working On Plan To Reduce Online Charges: Report
Mr Patel met the panel to answer questions about the November 8 abolition of Rs 500 and Rs 1,000 notes, or 86 per cent of the currency then in circulation.
-
Crusade Against Black Money - The Saga Continues!
Taxpayers who have undisclosed income are well advised to use the opportunity provided under the PMGKY, writes Ms Kasturirangan.
-
Reserve Bank Cleared Notes Ban Less Than 3 Hours Before PM Modi's Speech on Nov 8
The decision to withdraw the legal tender character of the 500 and 1000 rupee notes to the central government was taken at 5:30 p.m. on Nov. 8 at a board meeting, the RBI said in its responses.
-
Growth Forecast Today May Not Capture Extent Of Hit By Notes Ban
India's gross domestic product will grow 6.8 percent in the year through March, according to the median of 15 estimates in a Bloomberg survey of economists, with the Statistics Office's forecast due at 5:30 p.m. today.
-
What Urjit Patel Must Do To Save RBI's Dented Reputation
Building up, extending and preserving the RBI's autonomy has been a difficult and sometimes delicate task.
-
After Notes Ban, A New $9 Billion Mystery: Where Did It Come From?
Indians withdrew about 600 billion rupees ($9 billion) more than the 9.1 trillion rupees of currency in circulation as of Jan. 13, according to a report submitted by the Reserve Bank of India to a parliamentary panel on Wednesday.
-
2 Years After Demonetisation, Some Hits And Many Misses: Report
As the dust settles on the demonetisation episode, the data show it didn't weed out black money or cash gained through illegal means, which was a key objective of Prime Minister Narendra Modi's plan. On the plus side, there's been some widening in the country's dismal tax base, an increase in digital payments and a drop in fake notes.
-
Demonetisation Effect: Money Supply Growth May Decline By 3 Per Cent
Considering the average growth of money supply for lastthree years which is around 12 per cent, growth in moneysupply might moderate to an estimated 9 per cent in nearterm
-
Finance Minister Arun Jaitley Hints Not All Scrapped Currency Will Be Remonetised
As many as 17,165 million pieces of Rs 500 denomination and 6,858 million pieces of Rs 1,000 banknotes were in circulation on November 8 when the government made the surprise announcement.
-
Builders Pinning Hopes On Rate Cuts For Revival In 2017
The multi-year slowdown did not deter investment as cash-starved developers raised Rs 48,300 crore in 2016 from PE investors to fund their projects, up 53% from last year's, according to property consultant Cushman & Wakefield.
-
Demonetisation To Have Transformative Effect On Economy: Urjit Patel
He said the stress shown by the domestic banking system is partly reflective of "legacy issues" but also said that "enhanced transparency has helped to reinforce the stability of India's financial system".
