Economy News

This is demonisation of cash, not demonetisation: Chidambaram

No big economy has taken up demonetisation in last 50 years, the former finance minister said in a media interview.

Nov 17, 2016

Demonetisation: #IAmWithModi goes viral on social media; are you with PM Modi?

Do you support the PM's fight against black money? Would you spend a couple of hours at the bank for economic equality?

Nov 17, 2016

Demonetisation: Families can now withdraw up to Rs 2.5 lakh for weddings; Rs 2,000 limit on old notes' exchange

Farmers can withdraw upto Rs 25,000 per week against the crop loans sanctioned and credited to their accounts.

Nov 17, 2016

Currency ban: 12,500 ATMs being recalibrated every day to deliver new Rs 2,000 and Rs 500 notes

Arun Jaitley has said that all necessary steps are being taken to ensure that the old notes are replaced swiftly.

Nov 17, 2016

Morning brief: Opposition on demonetisation, Zuckerberg's Twitter account hacked, Ricky Martin gets engaged and more

Also read about the ATP World Tour Finals and chikungunya and Zika virus.

Nov 17, 2016

Evening wrap: Sushma Swaraj in hospital, SBI writes off Kingfisher Airlines loans, Zareen Khan in hot avatar and more

Read about Sitaram Yechury calling the prime minister "Modi Antoinette" and Messi ending all interactions with Argentine media.

Nov 16, 2016

Land disputes threaten $179 billion worth of projects in India: Report

Almost 80% of land conflicts arise out of development and industrialisation processes, a report by RRI and TISS highlights.

Nov 16, 2016

Nasscom cuts revenue growth guidance to 8-10% for FY2017

The earlier projected revenue guidance in constant currency terms for 2016-17 by Nasscom was 10-12 percent.

Nov 16, 2016

Demonetisation effect: Luxury property prices likely to slide 25%

Buyers sourcing their wealth through legal channels can rejoice as developers and sellers are desperate to offload properties.

Nov 16, 2016

Falling inflation makes a strong case for rate cut by RBI, say analysts

Retail inflation fell to 14-month low of 4.20 percent for October and this could be a reason for the RBI to cut repo (policy) rate.

Nov 16, 2016

Greatest move ever in Indian politics? What is Virat Kohli talking of

Narendra Modi's demonetisation move has received mixed reactions from several quarters; Kohli is happy though.

Nov 16, 2016

NSE could sell 25% stake in its proposed IPO: Report

The offer-for-sale of equity shares is likely to net National Stock Exchange about Rs 10,000 crore.

Nov 16, 2016

Banks are major beneficiaries of PM Modi's demonetisation drive: IDFC

Consumers-facing businesses like auto and consumer durables will feel the heat in the near-term.

Nov 16, 2016

Opposition accuses govt of unleashing 'economic anarchy' on demonetisation

Congress leader Anand Sharma also blamed the government for being insensitive to the problems of the common man.

Nov 16, 2016

Currency ban: Copies of ID proof not required for exchanging old notes, says RBI

The guidelines provided by the RBI state that customers only need to show valid ID proof and not their photocopies.

Nov 16, 2016