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Note Ban

RBI To Withdraw Rs 2000 Notes, Will It Impact The Market?

RBI To Withdraw Rs 2000 Notes, Will It Impact The Market?

Mon, May 22, 2023

RBI to withdraw Rs 2000 notes, Will it impact the market? Which sector will be in focus? Know from Ashish Chaturvedi in this video.

RBI's Former Deputy Governor R Gandhi Speaks On Decision To Withdraw Rs 2000 Note From Circulation

RBI's Former Deputy Governor R Gandhi Speaks On Decision To Withdraw Rs 2000 Note From Circulation

Sun, May 21, 2023

How is RBI's decision to withdraw ₹2000? How prepared are we for this decision compared to 2016? Can a private bank charge for exchanging ₹2000 notes or not? Know the complete analysis of this decision from Former Deputy Governor of RBI R Gandhi.

What To Do If You Have ₹2000 Notes? Explains Former Finance Secretary Subhash Chandra Garg

What To Do If You Have ₹2000 Notes? Explains Former Finance Secretary Subhash Chandra Garg

Sun, May 21, 2023

What to do if you have ₹2000 notes? Know from Former Finance Secretary Subhash Chandra Garg.

TRENDING NOW

Domestic tractor manufacturers to register 16 to 18% sales growth in FY17: Crisil

Domestic tractor manufacturers to register 16 to 18% sales growth in FY17: Crisil

Tue, Mar 07, 2017

Crisil Research on Tuesday said domestic tractor manufacturers are projected to record 16 to 18% growth in sales of tractors for FY17 on account of revival of sales due to good monsoon which offset the impact of demonetisation on demand in the second half of the fiscal.

SC notice to Centre, RBI over cash deposit deadline

SC notice to Centre, RBI over cash deposit deadline

Tue, Mar 07, 2017

During the hearing, the bench observed: "Despite postulations, no individual has been permitted to deposit after December 31, 2016."

India's strong GDP data leaves economists scratching their heads

India's strong GDP data leaves economists scratching their heads

Wed, Mar 01, 2017

The strong data have also reignited the debate about the credibility as well as the quality of the official GDP data.

Cash source of black money generation: Piyush Goyal

Cash source of black money generation: Piyush Goyal

Sat, Feb 25, 2017

Declaring that he felt disappointed about the happenings in the chartered accountant profession that he himself was earlier part of, Goyal reminded the gathering about what Finance Minister Arun Jaitley had said on the aim of demonetisation.

Income Tax department to go easy on up to Rs 5 lakh deposits by 70-plus people

Income Tax department to go easy on up to Rs 5 lakh deposits by 70-plus people

Wed, Feb 22, 2017

"There is absolutely no cause for panic. We are not going after everyone who deposited their holding of the demonetised currency in bank accounts between November 8 and December 30, 2016. Very clear thresholds have been set for tax department to take up deposits for verification. I repeat, it is for verification and not scrutiny or assessment," a senior Finance Ministry official said.

Note ban punches holes in Q3 results; Cos hopeful of 'gains'

Note ban punches holes in Q3 results; Cos hopeful of 'gains'

Sun, Feb 19, 2017

An analysis of the latest-quarter results of listed firms shows that the government's ambitious exercise of withdrawing old Rs 500/1,000 notes led to adverse impact on businesses across the sectors, though not many have publicly criticised the move and the likes of Rajiv Bajaj are only an exception.

Banks look for insurance as cyber threats increase

Banks look for insurance as cyber threats increase

Sun, Feb 19, 2017

According to insurance industry reports, cyber crimes are growing at 40-50% annually globally. Similarly, global cyber risk insurance premium stood at $ 3.5 billion in 2016, which was only $ 2.5 billion in 2015, amply indicating growing incidents of cyber crimes across the world.

Income Tax dept categorizes 9 lakh bank accounts as doubtful citing transactions during note ban

Income Tax dept categorizes 9 lakh bank accounts as doubtful citing transactions during note ban

Fri, Feb 17, 2017

Income Tax dept categorizes 9 lakh bank accounts as doubtful citing transactions during note ban. Watch complete news story of News @ 7:00 PM to get the detailed news updates!

Note ban negative for auto asset backed loan in short-term: Moody's

Note ban negative for auto asset backed loan in short-term: Moody's

Mon, Feb 13, 2017

Moody's Investors Service on Monday said that the government's demonetisation decision will have negative impact on the performance of Indian auto asset backed loans in the short-term and the effect will last until March.

Demonetisation 'biggest scam of 2016': Chidambaram

Demonetisation 'biggest scam of 2016': Chidambaram

Sun, Feb 12, 2017

"I am sorry to make the prediction that 2016-17 will end with growth (rate) between 6 and 6.5 per cent, a good one per cent down from the earlier estimate and that means a hit of Rs 1.5 lakh crore on GDP. The GDP this year is Rs 150 lakh crore, so one per cent hit is Rs 1.5 lakh crore," Chidambaram said at a function here today.

Note ban was reason Raghuram Rajan left: Chidambaram

Note ban was reason Raghuram Rajan left: Chidambaram

Sat, Feb 11, 2017

"They (government) made it so difficult for Rajan to continue and, in retrospect it appears, one of the reason he was made to leave. They wanted to demonetise currency and Raghu was opposed it," Chidambaram said.

Prime Minister Narendra Modi says cash crackdown is a fight for the poor

Prime Minister Narendra Modi says cash crackdown is a fight for the poor

Tue, Feb 07, 2017

Prime Minister Narendra Modi on Tuesday defended his decision to abolish high denomination bank notes that has left the economy reeling, calling it a "fight" for the poor.

Deposits in lakhs made post-note ban under tax scanner: Officials

Deposits in lakhs made post-note ban under tax scanner: Officials

Thu, Feb 02, 2017

The first phase data from the government`s "Operation Clean Money", launched earlier this week, has revealed deposits worth lakhs of crores in old notes made after demonetisation into accounts and are being scrutinised by Indian tax authorities, senior officials have said.

Note ban: Govt spent Rs 94 crore on ads to popularise e-payments

Note ban: Govt spent Rs 94 crore on ads to popularise e-payments

Thu, Feb 02, 2017

Nearly Rs 94 crore has been spent by the government for spreading awareness about digital payments and popularising less-cash economy post demonetisation, the Rajya Sabha was informed today.

Demonetisation to impact banks' asset quality: Fitch

Demonetisation to impact banks' asset quality: Fitch

Tue, Jan 31, 2017

Stressed-asset ratio for Indian bank predicted to increase to 12% for the current fiscal earlier, is expected to go up further.

India's credit growth projected to remain weak in range of 5-6% in FY17: ICRA

India's credit growth projected to remain weak in range of 5-6% in FY17: ICRA

Mon, Jan 30, 2017

ICRA has projected India's credit growth to remain at similar levels in the range of 5% to 6% in FY17 on the back of muted credit demand.

Jan Dhan deposits rose Rs 29,000 crore in month post-note ban

Jan Dhan deposits rose Rs 29,000 crore in month post-note ban

Mon, Jan 30, 2017

Deposits in Jan Dhan accounts have grown by more than 50% since the demonetisation announcement.

Smartphone sales fall 30% in top 50 Indian cities in November: IDC

Smartphone sales fall 30% in top 50 Indian cities in November: IDC

Tue, Jan 24, 2017

Smartphone sales in the top 50 Indian cities fell sharply by 30.5 % in November 2016 over the previous month, hit by double whammy of liquid cash crunch and cyclical softness post festive season, research firm IDC said today.

Note ban negative for jobs, SMEs, rural demand: Assocham

Note ban negative for jobs, SMEs, rural demand: Assocham

Mon, Jan 23, 2017

Demonetisation will leave a negative impact on small and medium enterprises (SMEs), rural consumption and job creation while the large organised sectors stand to benefit in the long term, industry chamber Assocham said on Sunday.

Note ban has caused Rs 20,000-50,000 per acre loss to farmers

Note ban has caused Rs 20,000-50,000 per acre loss to farmers

Sun, Jan 22, 2017

India`s cash-driven agri sector continues to reel under the effects of demonetisation, with farmers growing fruits and vegetables suffering "huge losses," say farm leaders who want the Union budget to "compensate" them for these losses.

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