(Note Ban Series) By Venkatachari Jagannathan, Chennai : The adverse impact of demonetisation on the Indian economy would be transitory, according to global and domestic credit rating agencies. However, the current slowdown could partially be attributed to...
(Note Ban Series) By Nivedita, New Delhi : Style, it would appear, never goes out of fashion. But the passion to spend on designer clothes and accessories took a beating in the past year, ever since the Narendra Modi government implemented the demonetisation policy....
New Delhi : The Indian budgetary fiscal deficit over the first half of the current financial year -- at Rs 4.99 lakh crore - stood at 91.3 per cent of the full year's target of Rs 5.46 lakh crore, official data showed here on Tuesday. The data furnished by the...
Chennai : Non-banking finance major Cholamandalam Investment and Finance Company Ltd on Tuesday said it closed the second quarter of the current fiscal net profit of Rs 227.25 crore. In statement issued here, the company said it had posted a total income of Rs...
New Delhi : Taking cognizance of complaints by cooking gas customers of non-credit of their LPG subsidy, the government on Friday said that these were mainly from customers of Airtel payments bank and that the subsidy amount had been credited to their respective...
(Note Ban Series) By Quaid Najmi, Mumbai : It was a year when India's realty sector was shaken to its foundation. A majority of the big, medium and small realtors across the country suffered from a severe liquidity crunch, stalled projects, elusive investors and...
(Note Ban Series) By Fakir Balaji, Bengaluru : There's one sector which gained more than any other from the centre's demonetisation move -- the banks. Perennially reeling under the burden of bad loans, they seemed to have got a respite even as their customers had to...
New Delhi : In a stimulus package aimed to boost flagging economic growth, create jobs and increase credit flow, the Union Cabinet on Tuesday approved a Rs 2.11 lakh crore recapitalisation plan for state-run banks and massive road infrastructure investment of nearly...
(Note Ban Series) By Aparajita Gupta, New Delhi : Almost a year down the line, is Prime Minister Narendra Modi's dream of making India a cash-less or less-cash country becoming a reality? Industry stakeholders feel that though the note-ban drive by the government gave...
(Note Ban Series) By Biswajit Choudhury, New Delhi : While the immediate impact of demonetisation was seen in the long queues outside ATMs and felt through acute cash shortage, its anniversary is an appropriate vantage point to assess the less visible and generalised...