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Good news for homebuyers! Finally, branded real estate developers beat non-branded entities
Tue, Jul 30, 2019
In H1 2019 near 1,39,480 units in the top 7 cities i.e. over 53% were launched by branded developers, and 47% by non-branded entities.
Impact of Demonetisation, GST on Textile Industry: Modi government says this now
Thu, Jul 18, 2019
Impact of Demonetisation, GST on Textile Industry: PM Narendra Modi-led Union Government today said that no negative impact of demonetisation was observed by the Textile Ministry during its implementation of schemes and field visits.
Did you get fake Rs 500, Rs 2000, other currency notes? Find out fast
Fri, Apr 05, 2019
This photo by IANS shows fake Rs 500, Rs 2000 and other currency notes that have been confiscated by police. You should log-in to RBI's official website Paisa Bolta Hai to ensure that no one passes such fake notes on to you.
Demonetisation good move to boost economy in the long run though people faced hardships: Aditya Puri
Mon, Apr 01, 2019
HDFC Bank Managing Director (MD) Aditya Puri Sunday said the demonetisation in 2016 was a good move to boost economy in the long run, though the measure had brought hardship to the people at the initial stage.
Demonetisation Impact: Record 14 lakh suspicious transactions, Rs 19,627 crore in black money detected
Sun, Mar 31, 2019
The demonetisaton of two high-value currency notes of Rs 1000 and Rs 500 was declared by Prime Minister Narendra Modi on the night of November 8, 2016. Huge cash was deposited in banks and multiple inter-bank transactions ensued post this announcement.
Have Rs 2000 note? Fake or real? Here is foolproof way to identify the currency
Tue, Mar 26, 2019
The new Rs 2000 note has motif of the Mangalyaan on the reverse, depicting the country's first venture into interplanetary space.
Is your Rs 100 note fake or genuine? Here is how you can check
Wed, Mar 13, 2019
The lavender coloured notes were unveiled last year in July under the Mahatma Gandhi New Series.
Demonetisation: Revealed! Who placed government's proposal to ban Rs 500, Rs 1000 notes before RBI Board?
Wed, Mar 13, 2019
Demonetisation, Note Ban: The government's proposal to ban Rs 500 and 1000 notes was placed by the then RBI Deputy Governor Rama Subramaniam Gandhi before its board, which resolved to back the move in "larger public interest" though some directors raised concerns about short-term negative impact
Demonetisation Data: On Banned Rs 500, Rs 1000 Currency Notes, Here's Latest RBI Answer
Sun, Mar 10, 2019
The RBI in reply to an RTI query said it has no data on the old 500 and 1,000 rupee notes used to pay for utility bills such as fuel at petrol pumps, which are believed to have formed a good part of the demonetised currency that returned to the banking system.
Where is Black Money? Report reveals this location, two years after demonetisation
Fri, Feb 22, 2019
Contrary to the popular belief, reports of three studies commissioned by the government say that 90-97.2% of the black money is inside the country while only 2.8-19% has been taken out of the country.
PM credits noteban for bringing down house prices
Wed, Jan 30, 2019
Prime Minister Narendra Modi on Wednesday credited the demonetisation exercise by his government for bringing down prices of houses and making them affordable for the youth.
India needs more currency, says source, reveals why
Thu, Jan 17, 2019
With the country's GDP size increasing in quantitative terms, there could be need for more currency in the economy, a source said here Thursday.
Rs 2000 note printing stopped? Will it remain valid? Here's government's response
Fri, Jan 04, 2019
Over two years after the launch of new Rs 2000 currency notes post the shock demonetisation decision, the government is said to have stopped printing them, according to a media report.
Narendra Modi’s first interview of 2019
Tue, Jan 01, 2019
In an interview with ANI on the first day of the New Year, PM Narendra Modi spoke on a range of topics—from the Ram Mandir issue to Pakistan, surgical strikes and 2019 Lok Sabha elections.
PM Modi defends govt on criticism over demonetisation, Urjit Patel's resignation as RBI governor
Tue, Jan 01, 2019
Prime Minister Narendra Modi on Wednesday said that the demonetisation drive announced by him on November 8, 2016 was not a shock as the government had warned people having black money a year ago. Responding to criticism over surprise resignation of Urjit Patel as RBI Governor, PM Modi said that the former requested to resign on personal reasons, adding that there was no political pressure on him.
Liquidity crunch, affordable housing mark Indian realty's revival year
Wed, Dec 26, 2018
The year turned out to be an eventful one for the Indian real estate marked by the improvement in sales and its return to stability after the double blow of GST and demonetisation.
Demonetisation slowed down GDP by 2 percentage points in Q4 2016, says economist Gita Gopinath
Tue, Dec 18, 2018
India-born Harvard professor Gopinath, 46, is set to take charge as the chief economist at the International Monetary Fund (IMF) next month. The paper further said that districts experiencing more severe demonetisation had relative reductions in economic activity, faster adoption of alternative payment technologies and lower bank credit growth.
Kotak Mahindra Bank chief Uday Kotak says demonetisation was poorly executed
Mon, Dec 10, 2018
The outcome of the controversial demonetisation drive would have been "significantly better" if "simple things" like introducing Rs 2,000 currency notes were avoided, banker Uday Kotak has said.
Demonetisation threw up political, economic puzzles: Arvind Subramanian
Mon, Dec 10, 2018
Subramanian, currently teaching at Harvard Kennedy School, and here for the launch of his book "Of Counsel: The Challenges of the Modi-Jaitley Economy", published by Penguin, referred to the chapter "The Two Puzzles of Demonetisation -- Political and Economic".
India a cashless economy? Digital transactions continue to rise, UPI gains popularity; know how digital payment industry see ache din
Fri, Nov 30, 2018
Not many regions especially the rural areas, have been comfortable in using digital portals. However, electronic payment system has been a success story for the NDA government.