Economy - general
Jaitley proposes 50% tax and 25% compulsory deposit of undisclosed incomes
28 Nov 2016
I-T Act amendments propose 30 per cent tax on undisclosed income deposited in banks, plus 10 per cent penalty and 33 per cent surcharge, and a 25 per cent compulsory deposit in the Pradhan Mantri Garib Kalyan Deposit Scheme
PM Modi wants nation to embrace a cashless economy
28 Nov 2016
PM Modi has urged small traders and daily wage earners to switch to digital payment channels
Rating agencies see long-term gains from demonetisation
26 Nov 2016
International rating agencies have given the thumbs-up to the government’s decision to demonetise, saying it is worth the short-term pain
India's growth to beat China's despite demonetisation: Fitch
26 Nov 2016
Fitch expects India's GDP growth to trend higher than China's in the medium term, adding that it would accelerate next fiscal on the back of reforms and monetary policy easing
Cashless deals up 300%; big demand for PoS devices: SBI chief
25 Nov 2016
Point of Sale transactions in State Bank of India have surged 300 per cent in numbers and 200 per cent by value, indicating that digital transactions have gone up, says SBI chairperson Arundhati Bhattacharya
Rupee hits a 3-year low of 68.86 despite RBI support
24 Nov 2016
After spending around $500 million in the morning, the RBI intervened again in the afternoon but the rupee was able to claw back only a fraction of its losses
Organised loot, legalised plunder: Manmohan on demonetisation
24 Nov 2016
Underlining that the demonetisation will hurt agricultural growth and small industry, former prime minister Dr Manmohan Singh called it organised loot and legalised plunder of the country
Deposits in Jan Dhan accounts swell by Rs21,000 cr in 15 days
23 Nov 2016
Reports say most of the money flows into Jan Dhan accounts were in West Bengal and Karnataka, which translates in to huge hoards of cash in these states
Economist Larry Summers, colleague blast demonetisation
22 Nov 2016
In a blog written jointly with a PhD student, the former US treasury secretary and World Bank chief economist Lawrence Summers says most free societies would rather let several criminals go free than convict an innocent man, but India has done the opposite
Cash crunch: RBI eases repayment norms for small loans
22 Nov 2016
The new norms are applicable only for dues payable between 1 November and 31 December this year, as this is a short-term deferment of norms due to the current currency crunch
Bosch launches programme for start-ups
21 Nov 2016
Opposition paralyses Parliament over demonetisation deaths
21 Nov 2016
A united opposition today forced four adjournments in the Rajya Sabha in the pre-noon session, asserting that no discussion on demonetisation would take place till the House mourns the nearly 70 deaths caused by hardships due to the withdrawal of higher denomination currency notes
India’s GDP seen falling to 5.8% hit by cash crunch
19 Nov 2016
The severe cash crunch following the sudden demonetisation of high-value currency has disrupted economic activity across the country
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Lighter than air, yet very, very powerful
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In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
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Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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