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Individuals have to disclose cash payments over Rs 2 lakh made for loans, card payments in new ITR form
Mon, Apr 10, 2017
Individuals will have to disclose all cash payments of over Rs 2 lakh made for paying loans and credit card bills during the 50-day period post demonetisation in the new Income Tax Return (ITR) form.
Gurugram likely to slash property circle rate by 5% in FY18 to boost real estate business
Wed, Apr 05, 2017
To boost real estate market of the city, Gurugram's district administration has suggested to reduce its property circle rate by 5% in FY18.
Demonetisation Impact: Finova Capital targets to disburse loan worth Rs 100 crore to MSMEs in 2017; plans to recruit 500 people in 2 years
Thu, Mar 16, 2017
Demonetisation has worked as a blessing in disguise for us as we collect 100% repayment through Automated Clearing House (ACH) mode and not through cash, Finova Capital managing director and chief executive officer, Mohit Sahney told Zeebiz.com.
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.
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.
Demonetisation idea itself is wrong, don't blame execution, says Rajiv Bajaj
Fri, Feb 17, 2017
Bajaj Auto's MD Rajiv Bajaj has recently said that the government's deomonetisation idea itself is wrong and its execution should not be blamed.
Post-demonetisation credit profile of large corporates is likely to be neutral: India Ratings
Thu, Feb 09, 2017
India Ratings and Research has projected that post-demonetisation the credit profile of large corporates with revenue of over Rs 250 crore is likely to be neutral with no significant changes in their ratings.
Aim of demonetisation is to bring down real estate prices into the country, says CEA Arvind Subramanian
Tue, Jan 31, 2017
India's Economic Survey 2016-17 has projected the country's real estate prices to fall further on account of the government's demonetisation announcement made on November 8, 2016.
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.
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.
Trump, Putin discuss normalizing ties, fighting terrorism
Sun, Jan 29, 2017
Russian President Vladimir Putin and his US counterpart Donald Trump agreed to work together to fight the Islamic State (IS) and other terrorist groups in Syria, as well as normalize bilateral relations, the Kremlin said.
Demonetisation: Government may offer second chance to deposit old notes of Rs 500 & Rs 1,000
Thu, Jan 26, 2017
The Government of India may give a second chance to citizens of the country to deposit old currency notes of Rs 500 and Rs 1,000.
PM Modi and US President Donald Trump to talk today; here's what to expect
Tue, Jan 24, 2017
US President Donald Trump and Prime Minister Narendra Modi will talk at 1 pm ET. The call will be at 11.30 pm India time.
Budget 2017: Payment gateway cos expect govt to offer incentives, tax breaks & exemptions to boost digital transactions
Mon, Jan 23, 2017
Find out what are Budget 2017 expectations of payment gateway companies like Telr, Payoneer, Atom Technologies, TechProcess Payment Services, RazorPay, Chillr, Happay and PayU India.
Over 3 lakh consumers & 20,000 merchants receive prizes worth nearly Rs 61 crore in govt's digital payment schemes
Thu, Jan 19, 2017
Over 3 lakh consumers and more than 20,000 merchants have received prizes worth nearly Rs 61 crore at the government's recently started digital payments scheme titled 'Digi-Dhan Melas'.
Post demonetisation organised retail sector likely to post low single digit growth in Q3 FY17: India Ratings
Fri, Jan 13, 2017
Post demonetisation organised retail sector is expected to post low single digit growth with varying impact across different sub-sectors in the October-December quarter of fiscal year 2016-17 (FY17), said India Ratings and Research (Ind-Ra) in its latest report on Friday.
Demonetisation or not, new notes were needed anyway: RBI
Wed, Jan 11, 2017
The Government of India's recent demonetisation decision, which grabbed news headlines across media resulting in cash crunch and chaos across the country last year, was in the making since 2014.
About 66% Indians support PM Narendra Modi's demonetisation move: Survey
Wed, Jan 11, 2017
About 66% of Indians surveyed online showed support to prime minister Narendra Modi's demonetisation decision to curb black money, corruption and terrorism into the country, according to Nihilent Analytics.
Demonetisation: Residential property sales in Mumbai region fall over 50%
Tue, Jan 10, 2017
Residential and office segment of Mumbai Metropolitan Region (MMR) have recorded worst fall in the second half (H2) of 2016 on the back of the government's demonetisation drive and other economic events resulting in fall in sales volume and new launches in the fourth quarter (Q4) of last year, sa
Demonetisation: Residential market witnesses worst fall in H2 2016, says Knight Frank India
Tue, Jan 10, 2017
Residential market has witnessed a decline in the second half (H2) of 2016 on the back of the government's demonetisation move resulting in fall in sales volume and new launches in the fourth quarter (Q4) of 2016, said a latest report by Knight Frank India.