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Demonetisation

India consumer

Despite note ban, Indian consumers are most optimistic in Asia-Pacific: Mastercard Survey

After India, Myanmar, Vietnam and the Philippines also remain extremely optimistic in their outlook. Singapore, Taiwan and Malaysia were, however, among the most pessimistic. Jan 16, 2017
Rs 2000, raids, currency, cash seized

Kerala: Police recover 2,000 rupee notes worth Rs 52 lakh, 3 arrested

The men were arrested in Kozhikode as they could not account for the money. Jan 15, 2017
Dr Subho Ray, President, IAMAI

Demonetisation is a Black Swan moment for Digital India, says IAMAI president Subho Ray

Subho Ray, President of IAMAI, on Digital India after demonetisation and his wish list from Budget 2017: an exclusive interview Jan 13, 2017
retail inflation, consumer inflation december, india, rbi inflation target, iip november, dbs bank

India's consumer inflation for December estimated at 3.6%: DBS Bank

For November, retail (consumer) inflation fell to a two-year low of 3.63 percent, largely due to demonetisation-induced slowdown. Jan 11, 2017
FTA tourist arrivals foreigners india, e-tourists, foreign tourists

Foreign tourist footfall on e-tourist visa rises 56% in December

The United Kingdom continues to occupy the top slot, followed by USA and Russia among all the countries availing e-tourist visa facility, Ministry of Tourism said. Jan 11, 2017
Rahul Gandhi

'Acche Din' will come only when Congress assumes power in 2019: Rahul Gandhi at Jan Vedna Sammelan

Gandhi also said that PM Modi had destroyed the financial backbone of the nation through demonetisation. Jan 11, 2017
Rupee vs US dollar, rupee projection, demonetisation, GST, UBS report, Indian currency

Indian rupee could fall sharply against US dollar by FY2018; Nifty to hit 8,800 by December: UBS

The Indian rupee could fall to 73 to the US dollar by end of FY2018, while the 50-scrip NSE Nifty could rise to 8,8800, says UBS. Jan 11, 2017
Rahul Gandhi

Congress Jan Vedna Sammelan: 5 things Rahul Gandhi said that made us LOL!

From attacking the yoga of PM Modi to automobiles sales, the Congress leader put up a really weak attack on his political rival. Jan 11, 2017
baleno maruti suzuki march car sales

Indian auto sales plunge to lowest numbers in 16 years, as demonetisation bites

For the calendar year 2016, Indian automobile sector recorded a growth of 9.17 percent. Jan 11, 2017
Construction work

World Bank cuts India's growth forecast to 7%, after demonetisation

Despite the deceleration, India is predicted to retain its position as the world's fastest growing economy ahead of China. Jan 11, 2017
budget 2017, consumption growth, redistribution of wealth, pm modi, fm arun jaitley, mosl, taxes

Budget 2017: PM Modi playing Robin Hood would be unsustainable for India

A cash-rich Modi government after demonetisation would be tempted to spur consumption growth by redistributing wealth using Budget 2017. Jan 10, 2017
demonetisation, remonetisation, rbi update, digital india, cashless economy, modi, niti aayog, bibek debroy

Demonetisation: Black money is now with banks and it's huge

There are conflicting reports on how much gains accrue to the Modi government over demonetisation; one estimate puts it at Rs 3 to 4 lakh crore, Jan 10, 2017
fm arun jaitley, india, taxpayers, tax to gdp ratio, budget 2017, tax evaders in india, budget 2017, modi govt

Budget 2017: FM Arun Jaitley provides insights on income tax collection in India

Tax compliance leaves a lot to be desired, says finance minister Arun Jaitley days before the presentation of Budget 2017. Jan 9, 2017
Trinamool MPs

Is PM Modi so afraid of Trinamool protests that he has put party MPs under police surveillance?

There is an increased police presence outside the residences of Trinamool Congress MPs in New Delhi. Jan 9, 2017
PAN Card

Banks asked to obtain PAN or Form 60 of all bank accounts

The information has to be provided to the ministry by February 28, and BSBDAs are exempted from the order. Jan 9, 2017
Petrol pump

People need not pay transaction charges for using credit and debit cards at petrol pumps, says government

Union minister Dharmendra Pradhan said on Monday the transaction fee issue would be resolved by banks and oil-marketing companies, which is their issue. Jan 9, 2017
harish rawat

Uttarakhand Assembly Elections 2017: Your guide to the contestants and the parties

Development seems to be the top agenda of both parties for the election campaign besides demonetisation and black money. Jan 8, 2017
demonetisation, petrol pumps, paying by cash, petrol, diesel, petrol pump dealers

Karnataka petrol pumps to stop accepting debit, credit card payments from Monday

Petrol pumps have said it will be all cash until the banks withdraw the 1% transaction charge. Jan 8, 2017
Finance Minister Arun Jaitley

Govt may tax black money deposited in banks after demonetisation, says Arun Jaitley

Jaitley said just because banned notes have been deposited in the banks do not make them legitimate and the Revenue Department may tax this money. Jan 8, 2017
Mamata Banerjee

Mamata Banerjee has become a comical figure: BJP leader

Banerjee had said on Friday that it was high time President Pranab Mukherjee intervened to "save the country from Narendra Modi." Jan 7, 2017
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