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Economy News

Prank app removed from Play Store

Demonetisation: Morgan Stanley's Ruchir Sharma slams Modi govt's decision

The investment banker argued that black money would again regenerate until there are deep changes in Indian culture and institutions. Nov 21, 2016
bse nse share price spike fall crash bnp geojit bank shares sensex nifty bank demonetisation parliament modi arvind kejriwal cpi inflation retail parliament session winter opposition congress aap cpm jdu bsp sp aiadmk dmk

India Inc to hit bond market as borrowing cost falls

Companies are likely to raise capital from bond market as bond yields fall on the back of demonetisation move. Nov 21, 2016
baleno maruti suzuki march car sales

Demonetisation impact: car sales to plunge by over 30% in November

Footfall at the dealerships has slowed down by 75 percent and bookings also have come down. Nov 21, 2016
Currency ban

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
Prank app removed from Play Store

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

Banks across the country will remain closed on Sunday. Nov 18, 2016
Currency ban

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
Debit card payments

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
Supreme Court

'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
ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra

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
Delhi assembly poll 2015

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
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