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Union Budget 2018
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Did RBI consciously stop printing Rs 2000 currency notes?
Thu, Dec 21, 2017
If we look the RBI' annual report data closely, it indicates that the central bank printed heavily Rs 500 denominations but slowed down on Rs 2,000 denominations.
India FY18 GDP growth likely at 7.1%: Nomura
Wed, Sep 13, 2017
Nomura further said the ongoing remonetisation will have a positive impact on the cash-intensive services sectors and this in turn will help to augur growth numbers.
How demonetisation dented the RBI
Tue, Sep 05, 2017
On November 08, 2016, PM Narendra Modi announced the demonetisation of high denomination notes old Rs 500 and Rs 1000 to tackle black money and terror financing.
RBI stops printing Rs 2000 note: Is the one with you still valid?
Wed, Jul 26, 2017
Key Highlights: Sources say RBI stopped printing of Rs 2000 note Rs 200 note will hit the market soon Rs 2000 note in your possession remains legal tender
Four reasons RBI Governor Urjit Patel gave for not counting demonetised notes
Thu, Jul 13, 2017
RBI Governor Urjit Patel listed these reasons for not being able to decipher how many illegal notes have come back to the central bank.
RBI says 83% currency remonetised but does it really matter?
Thu, Jun 08, 2017
The after-effects of demonetisation are still not over. RBI is yet to announce the total currency that found its way back to the banks between November 9 2016 and December 31, 2016. However, RBI said that currency to the tune of 82% of pre-demonetisation levels have been pumped in the economy.
Bajaj Auto hopes to rev up sales in FY18 after bumpy ride
Sun, May 21, 2017
After a rough ride last fiscal, Bajaj Auto spokesperson has said that the company hopes to improve its sales in fiscal year 2017-18 (FY18) on back of recoveries in both domestic and export markets.
Two reasons why RBI shouldn't print entire demonetised currency
Fri, Mar 31, 2017
Currency in circulation as on March 24, 2017, was Rs 13.12 lakh crore, Rs 4.85 lakh crore less from total currency of Rs 17.97 lakh crore which stood at pre-demonetisation level.
India's GDP growth is likely to be 5.8% in third quarter of FY17, says SBI
Wed, Feb 22, 2017
SBI's chief economic adviser Dr Soumya Kanti Ghosh in its Ecowrap report has said India's GDP will be at 5.8% in the third quarter (Q3) and will recover to 6.4% in the fourth quarter (Q4) of FY17.
Union Budget: Average deposits of Rs 3.31 crore made in 1.48 lakh accounts during demonetisation
Wed, Feb 01, 2017
Demonetisation revelations continued as the Union Budget was announced on Wednesday by Finance Minister Arun Jaitley.
Complete remonetisation in a month or two, says Arvind Subramanian
Tue, Jan 31, 2017
The Economic Survey presented by Finance Minister, Arun Jaitley, in the Parliament on Tuesday said that India has shown ‘robust macroeconomic stability’ in the year gone by despite demonetisation and the GST bill.
Economic Survey: GST will create common Indian market, improve tax compliance, boost investment, says Govt
Tue, Jan 31, 2017
The Economic Survey was presented in the House of Parliament on Tuesday spoke of a ‘robust macro-economic stability’ despite the Goods and Service Tax (GST) bill being passed and demonetisation of higher currency.
India's GDP likely to be 6.8% in 2016-17, RBI to maintain status quo on Feb 8: Ficci survey
Mon, Jan 30, 2017
Ficci in its latest survey has projected India's economy to grow 6.8% for the year 2016-17.
Rural wage growth defies demonetisation, rises to 7.3% in November: Nomura
Fri, Jan 27, 2017
India's nominal rural agricultural wages growth rises to 7.3% in November on the back of hike in minimum wages announced by the government in September last year.
Budget 2017: ICRA expects government to keep fiscal deficit target of lower than 3.5% of GDP for FY18
Tue, Jan 24, 2017
As the Government of India prepares to announce its Union Budget 2017-18 in February, its unlikely to budget a fiscal deficit target higher than 3.5% of gross domestic product (GDP) for the fiscal year 2017-18 (FY18), said ICRA in its latest report on Budget 2017 expectations.
Demonetisation: 70% of the notes will be remonetised by February-end
Fri, Jan 20, 2017
Reserve Bank of India (RBI) is currently printing around 200 crore notes a day. This means that the remonetisation efforts will be 70% complete by the end of February 2017.
India to see lower GDP growth for two quarters on cash crunch: HSBC
Thu, Jan 12, 2017
India's GDP growth numbers are expected to see a decline of 2% in the third and fourth quarters of the current fiscal, as effective currency in circulation has contracted significantly, says an HSBC report.
Full text: Here's what FM Jaitley said on remonetisation
Thu, Dec 29, 2016
Just two days before the deadline of depositing old notes in banks, Jaitley hailed the whole demonetisation move.
10 director level posts vacant in Reserve Bank of India
Sun, Dec 25, 2016
Reserve Bank of India's (RBI) all powerful central board is short of ten non-official directors and one Deputy Governor at a time when the apex bank is engaged in massive demonetisation and remonetisation exercises.
Banks should skip convenience charge for digital payments: TRAI
Tue, Dec 20, 2016
Banks should eliminate convenience charges to implement digital payment system across the country in the post-demonetisation era, said the chief of India`s telecom watchdog official on Monday.