Tag: Demonetisation
Government Spends Rs 3.09 Per Rs 500 Currency Note: RTI
The Reserve Bank of India spends Rs 3.09 for each Rs 500 note as cost towards paper, printing and other charges, an RTI query has revealed.....
November IIP 'false Positive', Doesn't Reflect Reality: Crisil
Descibing the official data on the index of industrial production (IIP) for November 2016, during which demonetisation was announced, as a "false positive", Crisil Research has said that the latest IIP figures do not reflect the true condition of the Indian manufacturing sector.....
Note Ban Impact On Gold Buying Will Wane After Budget: World Gold Council
India's demonetisation drive has impacted gold demand in the short term but buying is showing signs of revival and post the presentation of the national budget on February 1, the market will be back to normal, says the India chief of World Gold Council.....
Note Ban Will Hit Property Sales By 20-30% This Year: Fitch
Disruptions caused by demonetisation and the general caution on the part of buyers will hit property sales in India by at least 20-30 per cent in 2017, Fitch Ratings said in its latest report.....
Modi's Note Ban A Failure, Says Chinese Daily
India's demonetization drive is "a big failure" and has put the Indian economy back by at least a decade, an influential Chinese daily said on Wednesday. ....
Aadhaar Enrolment At 111 Crore, Fetched Rs 36,144 Crore Savings : Ravi Shankar Prasad
Even as the Aadhaar enrolment touched 111 crore on Republic Day, the total savings by the central and state exchequers by deploying it stood at Rs 36,144 crore in two years, IT Minister Ravi Shankar Prasad said here on Friday. ....
Profit Booking, Caution Ahead Of Union Budget Subdue Equities
Caution ahead of the Union Budget's presentation, coupled with negative global cues and outflow of foreign funds, subdued the Indian equities markets on Tuesday.....
India Inc. Welcomes Economic Survey 2016-17
India Inc. on Tuesday welcomed the Economic Survey 2016-17 which was tabled in Parliament by Union Finance Minister Arun Jaitley.....
Budget Is Anti-poor, Anti-farmer : Sharad Yadav
Senior Janata Dal-United leader Sharad Yadav on Wednesday criticised the Union Budget presented in the Lok Sabha by Finance Minister Arun Jaitley, saying it was "anti-poor and anti-farmer".....
RBI Expected To Hold Interest Rates At Tuesday's Review
The Reserve Bank of India (RBI) is expected to hold key interest rates at its monetary policy review - its second after November's note ban - in the wake of banks being flush with funds post-demonetisation and a firming up of global oil prices.....
