Economy - general

India’s GDP grows at a slower-than-expected 7.3% in Q2

01 Dec 2016

Growth came mostly from economic activities related to public services, financial services, real estate and professional services, manufacturing, trade, hotels, transport and communication and broadcasting services

SC directs playing of national anthem at all cinema halls

30 Nov 2016

Payday spells fresh cash headache for employees, banks

30 Nov 2016

Banks to accept IDS payments till 2017 without seeking source

29 Nov 2016

Cash crunch in cities continues as RBI turns focus to villages

29 Nov 2016

Cash crunch in cities continues as RBI turns focus to villages

29 Nov 2016

Three postal staff booked for Rs36 lakh currency exchange fraud

29 Nov 2016

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

Delhi overtakes Mumbai as financial capital of India

28 Nov 2016

Govt launches nationwide campaign to open bank accounts for unbanked

26 Nov 2016

New Rs2,000 note gets its fake avatar within days

26 Nov 2016

Most Indians praise demonetisation, but cashless economy still far

26 Nov 2016

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

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

Old notes worth Rs3.5 cr seized in Nagaland disappear!

23 Nov 2016

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