Search Results for: demonetization

Nifty to hit 11,600 by December 2018, GDP growth will accelerate to 8%: Goldman Sachs

The drag from shocks of demonetization and GST implementation will fade even as positive effects of bank recapitalisation kick in.

Nov 28, 2017

Simbu's new song, Thatrom Thookrom, demonetisation anthem

Simbu's no cash song mocks demonetisation; clocks over 1 million views on YouTube

Simbu's no cash song, called demonetisation anthem, has garnered over 1 million hits.

Nov 13, 2017

Madhya Pradesh BJP leader says, 'I have not understood GST yet'; will this be new weapon for Congress?

Many chartered accountants and traders are also not able to understand it, says Madhya Pradesh minister.

Nov 10, 2017

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DeMo: Nov 8, 2016 will be remembered as a watershed moment in history of Indian economy, says Arun Jaitley [READ FULL TEXT]

Jaitley also claimed that demonetisation had helped in reducing stone pelting incidents in Kashmir and curbing Naxal activities as the 'miscreants have run out of cash'.

Nov 7, 2017

Anuj Puri chairman of Anarock Property Consultants Pvt Ltd.

Demonetization broke the backbone of Indian real estate sector, but stabilized just as quickly: Anuj Puri, Chairman, Anarock [VIDEO]

[IBT-LinkedIn Exclusive] Chairman of Anarock Property Consultants Pvt. Ltd., Anuj Puri spoke about his new venture, RERA, and said that new home buyers would get houses within the city at the value they desire.

Nov 4, 2017

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SBI lowers lending rate: Here's what it means if you have a home loan

SBI has slashed lending rates by 5 bps across maturities for the first time in 10 months. If you are paying a fixed rate loan, you may want to move to an MCLR-linked loan.

Nov 3, 2017

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After IMF and ADB, World Bank lowers India's GDP growth forecast to 7%

The World Bank has said that India's growth rate may slow down to 7.0 percent in 2017 from the previous 8.6 percent in 2015 and the slowdown has been attributed to demonetisation and GST.

Oct 11, 2017

India loses fastest growing economy rank; IMF slashes 2017 growth projection by 0.5 % to 6.7%

IMF's 6.7 percent growth rate projection is in line with the Reserve Bank of India's forecast.

Oct 10, 2017

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Demonetisation: Bank employees say overtime not paid; strike in the offing

Hundreds of bank employees are threatening to go on a strike and even approach the court as they have reportedly not been paid for the overtime that they worked during the demonetization drive.

Oct 5, 2017

PM Narendra Modi says low GDP in a quarter not a big issue, takes a dig at critics

Prime Minister Narendra Modi said that demonetisation has played a big role in checking black money and corruption.

Oct 4, 2017

GST, demonetisation take a toll; ADB downgrades India's 2017 growth forecast to 7%

The downgrade reflects short-term disruptions like last year's demonetisation and implementation of the goods and services tax (GST).

Sep 26, 2017

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Centre wants more rate cuts to revive economy and spur investments

The slowdown was led by the manufacturing sector, which expanded at 1.2 percent from a year earlier compared with a 10.7 percent growth last year.

Sep 24, 2017

GST recoil: Modi government eyes spending cuts due to low tax collection

If the current trend continues till the year-end, revenue shortfall could be as much as Rs 80,000 crore ($12.5 billion).

Sep 19, 2017

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Economy meltdown: India's corporate debt soars to seven-year high, says report

One out of five large companies is not earning enough to service even the interest of its loan, says a look at corporate debt data.

Sep 13, 2017

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North Korea nuclear test, Cabinet reshuffle to impact market next week

Between August 24 and September 1, the Sensex gained 0.9 per cent while the broader Nifty added 1.19 percent.

Sep 3, 2017

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