Economy News

Demonetisation: New cash withdrawals, bank deposits rules

Here are the top six new rules, which will be applicable following the move on demonetisation.

Nov 20, 2016

mutual fund investments retail investors personal finance india motilal oswal aashish amc industry amfi houses bank deposits notes modi govt arun jaitley banks queues

Motilal Oswal AMC says SIPs poised to sustain momentum in coming months

Many positive factors are contributing to the surge in SIP inflows, says Motilal Oswal AMC's MD and CEO Aashish P Somaiyaa.

Nov 19, 2016

auto sales india inc earnings growth birla sun life mf

Aluminium demand likely to grow in double-digits this fiscal

Rising auto sales, infrastructure push and healthy rural demand after a good monsoon, augur well for the metal.

Nov 19, 2016

Hyundai Motor Car sales vehicle production car exports

Automakers come up with multiple offers to beat demonetisation-induced slowdown

Post demonetisation, footfalls at auto showrooms have come down by around 30 percent.

Nov 19, 2016

Demonetisation: Banks to exchange old notes for only senior citizens on Saturday

Banks across the country will remain closed on Sunday.

Nov 18, 2016

Demonetisation row: Unique tales of turmoil from northeast states like Assam, Manipur and Mizoram

From newspapers being forced to shut to the spike in the use of Bhutanese currency and also use of 'I owe You' chits, northeast regions are uniquely affected.

Nov 18, 2016

Cashless in India: It's a 'good problem to have' for PoS terminal makers

PoS devices -- used to process card payments at retail locations -- see an unprecedented demand as India moves towards a cashless economy.

Nov 18, 2016

bank credit, rbi, demonetisation, india slowdown, economy, urjit patel, pm modi

RBI issues updates to FAQs on Rs 500, Rs 1,000 notes

The latest set of updates have been issued by the RBI on Friday (November 18) in the context of demonetisation.

Nov 18, 2016

Trucks lined up to collect iron ore in the south of India

Price revival of iron ore not in sight

With production rising and no sight of pickup in steel demand, price of the ore is unlikely to revive in the near-term.

Nov 18, 2016

'This is serious, there may be riots,' says Supreme Court on demonetisation

The court refused to impose a stay on PILs filed in various courts, saying they will help understand the issues being faced locally.

Nov 18, 2016

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Demonetisation decision by PM Modi 'worst mistake of his career': The Economist

PM Narendra Modi's move to demonetise high-value currencies evokes different views from the Economist and the Financial Times.

Nov 18, 2016

Demonetisation: Election Commission asks Finance Ministry not to use indelible ink in banks

The Centre has taken this decision to ensure that black money hoarders do not use other people to get their currency notes exchanged or deposited.

Nov 18, 2016

President Reuven Rivlin's visit: Israel wants FTA with India to increase bilateral trade

On his first visit to India, Israeli President Reuven Rivlin visited PM Narendra Modi and president Pranab Mukherjee.

Nov 18, 2016

Demonetisation: Now, you can get Rs 2,000 cash at 2,500 petrol pumps with SBI tie-up

Up to Rs 2,000 per person per day can be dispensed against swiping of debit card at select petrol pumps.

Nov 18, 2016

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Demonetisation row: New notes will take six months to recirculate into economy, not fifty days, says eminent economist

The reason is due to the limited capacity of the printing presses in the country for such a sudden, huge job.

Nov 17, 2016

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Economy News

Demonetisation: New cash withdrawals, bank deposits rules

Motilal Oswal AMC says SIPs poised to sustain momentum in coming months

Aluminium demand likely to grow in double-digits this fiscal

Automakers come up with multiple offers to beat demonetisation-induced slowdown

Demonetisation: Banks to exchange old notes for only senior citizens on Saturday

Demonetisation row: Unique tales of turmoil from northeast states like Assam, Manipur and Mizoram

Cashless in India: It's a 'good problem to have' for PoS terminal makers

RBI issues updates to FAQs on Rs 500, Rs 1,000 notes

Price revival of iron ore not in sight

'This is serious, there may be riots,' says Supreme Court on demonetisation

Demonetisation decision by PM Modi 'worst mistake of his career': The Economist

Demonetisation: Election Commission asks Finance Ministry not to use indelible ink in banks

President Reuven Rivlin's visit: Israel wants FTA with India to increase bilateral trade

Demonetisation: Now, you can get Rs 2,000 cash at 2,500 petrol pumps with SBI tie-up

Demonetisation row: New notes will take six months to recirculate into economy, not fifty days, says eminent economist

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react