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Latest Articles in Demonetisation

Parliamentary Panel Calls Reserve Bank Governor Urjit Patel Again On Note Ban Issue

RBI Governor Urjit Patel has been asked by a parliamentary panel to appear before it again on May 25 over demonetisation issue after former prime minister Manmohan Singh prevailed over BJP MPs in the panel to call him

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Clothing Brand Numero Uno Eyes Around Rs.400 Crore Revenue, 30 New Stores in 2017-18

Numero Uno had a tough 2016-17, and it does not want an encore this fiscal. To avoid another dull year, the apparel brand is investing in areas such as store enhancement and renovation in order to attract customers and provide them with an experience like no other

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Demonetisation Impact May Take A Few Months To Assess: CEA Arvind Subramanian

India’s high economic growth rate last fiscal may not reflect the actual impact of demonetisation, particularly on the informal sector, and it may take a few months to assess its real fallout, Chief Economic Adviser Arvind Subramanian said

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Exports Revival Picks Up Speed In March

A recovery in Indian exports gathered steam in March with a pick-up in demand for engineering and petroleum products, bolstering an economy still recovering from the government's cash clampdown

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Broad-based Recovery In Earnings Unlikely In FY'18, Says Report

Broad-based recovery in earnings for the private sector in the current fiscal is unlikely, as fall in operating performance of weak entities would drag down the overall earnings before interest, tax, depreciation and amortisation growth, says a India Ratings report.

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War On Black Money Cannot Be Concluded With One Action, Says Venkaiah Naidu

The war on black money cannot be concluded with one action alone and many more steps will be taken by the Modi government in this regard, Union Minister M Venkaiah Naidu said on Monday, hailing the EC for countermanding the R K Nagar bypoll over use of money power

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18 Lakh Cases Where Income And Account Profiles Don't Match, Says FM Jaitley

Authorities have detected 18 lakh cases after demonetisation where the income profiles of people do not match their account profile, the Lok Sabha was informed on Friday

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Cashless Transactions Will Grow Up To 40% By 2018, Says Upasana Taku, Founder, MobiKwik

Speaking at the inaugural day of Goa Fest 2017, Taku also highlighted how MobiKwik created a new strategy to attract and serve half of India – 500 million users -- as compared to serving just 100 million users earlier

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'We Will See Many Startups Failing Quickly'

Sunil Kant Munjal, Chairman of Hero Corporate Service, spoke to Himani Chandna of BW Businessworld on issues such as Infosys’ pay hike controversy, demonetisation and job market

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No Restriction On Cash Withdrawals From Banks, Post Offices: CBDT

Ban on cash transactions in excess of Rs 2 lakh will not be applicable to withdrawals from banks and Post Office savings accounts, the Income Tax Department has said

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Home Loan Interest Too High For Indian Buyers, Study Finds

High housing loan interests and reluctance to borrow are dissuading Indian buyers who have to dig into savings to own a house, a study has revealed

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‘Cyber Security Breaches On The Rise’

Robert Le Busque, regional MD for Australia, New Zealand and India at Verizon Enterprise Solutions, told BW Businessworld’s Monica Behura that cyber security breach had risen by 500 per cent in India post demonetisation.

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CEA Arvind Subramanian Says India's Economic Data Not Politically Influenced

India's chief economic adviser rejected the notion that official data was politically influenced as 'utter nonsense', after surprisingly strong growth in the wake of a government ban on high denomination bank notes caused raised eyebrows among independent analysts

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