Economy - general
Rating agencies see long-term gains from demonetisation
26 Nov 2016
International rating agencies have given the thumbs-up to the government’s decision to demonetise, saying it is worth the short-term pain
Rating agencies see long-term gains from demonetisation
26 Nov 2016
International rating agencies have given the thumbs-up to the government’s decision to demonetise, saying it is worth the short-term pain
India's growth to beat China's despite demonetisation: Fitch
26 Nov 2016
Fitch expects India's GDP growth to trend higher than China's in the medium term, adding that it would accelerate next fiscal on the back of reforms and monetary policy easing
Cashless deals up 300%; big demand for PoS devices: SBI chief
25 Nov 2016
Point of Sale transactions in State Bank of India have surged 300 per cent in numbers and 200 per cent by value, indicating that digital transactions have gone up, says SBI chairperson Arundhati Bhattacharya
Rupee hits a 3-year low of 68.86 despite RBI support
24 Nov 2016
After spending around $500 million in the morning, the RBI intervened again in the afternoon but the rupee was able to claw back only a fraction of its losses
Organised loot, legalised plunder: Manmohan on demonetisation
24 Nov 2016
Underlining that the demonetisation will hurt agricultural growth and small industry, former prime minister Dr Manmohan Singh called it organised loot and legalised plunder of the country
Deposits in Jan Dhan accounts swell by Rs21,000 cr in 15 days
23 Nov 2016
Reports say most of the money flows into Jan Dhan accounts were in West Bengal and Karnataka, which translates in to huge hoards of cash in these states
Economist Larry Summers, colleague blast demonetisation
22 Nov 2016
In a blog written jointly with a PhD student, the former US treasury secretary and World Bank chief economist Lawrence Summers says most free societies would rather let several criminals go free than convict an innocent man, but India has done the opposite
Cash crunch: RBI eases repayment norms for small loans
22 Nov 2016
The new norms are applicable only for dues payable between 1 November and 31 December this year, as this is a short-term deferment of norms due to the current currency crunch
Bosch launches programme for start-ups
21 Nov 2016
Opposition paralyses Parliament over demonetisation deaths
21 Nov 2016
A united opposition today forced four adjournments in the Rajya Sabha in the pre-noon session, asserting that no discussion on demonetisation would take place till the House mourns the nearly 70 deaths caused by hardships due to the withdrawal of higher denomination currency notes
India’s GDP seen falling to 5.8% hit by cash crunch
19 Nov 2016
The severe cash crunch following the sudden demonetisation of high-value currency has disrupted economic activity across the country
Farmers can draw Rs25,000 a week; Rs5 lakh allowed for weddings
18 Nov 2016
The finance ministry has raised cash withdrawal limit for the needy even as it reduced the cash exchange limit for discarded notes
Old note exchange limit cut to Rs2,000; norms eased for farmers
17 Nov 2016
Struggling to cope with the aftermath of its demonetisation of old Rs1,000 and Rs5,000 notes, the centre today reduced the limit on over-the-counter exchange of old notes for new ones to Rs2,000 per person from Rs4,500 earlier, effective Friday
A positive direction for CPI, IIP : Crisil
16 Nov 2016
Employing more women could up India’s income 27%: IMF chief
15 Nov 2016
Across the globe women still face multiple disadvantages and are less likely than men to have a paid job, IMF chief Christine Lagarde says, adding only half of the world's working-age women were employed