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Demonetisation led to 'great movement' towards digitisation: Jaitley

Indian markets faced difficult times due to&nbsp;demonetisation. However, this has&nbsp;been heavily offset by economic reforms taken during the period Dec - till date.&nbsp;

Demonetisation impact long gone from Indian markets

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.&nbsp; 
&nbsp;

RBI says 83% currency remonetised but does it really matter? 

Kanungo admitted that there could be shortage in some areas but said RBI is monitoring the situation on a regular basis and has made enough arrangements to replenish cash.

83% currency remonetised so far: Reserve Bank of India

RBI&nbsp;during its monetary policy meet on Wednesday touched upon several aspects right from inflation to farm loan waivers&nbsp;to 7th Pay Commission, among others. Here are 10 key things RBI said during its meet.&nbsp;

From farm loan waivers to your EMIs, 10 things RBI said

Demand for farm loan waiver has increased in many states.&nbsp;&nbsp;It is expected that&nbsp;all states will write- off about $40 billion (Rs 2.6 lakh crore) of farm loans in the run up to 2019 general elections following the ruling BJP's UP and Maharashtra governments' waivers.

Farm loan waiver could reach Rs 2.6 lakh crore by 2019, report claims 

Despite demonetisation, Bengaluru, New  Delhi & Mumbai record healthy growth in office rental in Q1: Knight Frank

Spicejet net profit falls over 50% as demonetisation causes yields to drop

SpiceJet is set to announce its results for the fourth quarter ended March 31, 2017. Profitability of domestic airlines have suffered the brunt of low fares, high Aviation Turbine Fuel and demonetisation.

SpiceJet Q4 review: How will low fares, higher fuel cost and demonetisation impact?

India's slower GDP nasty surprise, self-goal: Chinese media

Demonetisation may have impacted India's GDP growth for the fourth quarter ended March 31, 2017 but its effects may not be over so soon.&nbsp;

What will India's FY18 GDP growth look like? 

&nbsp;RBI is set to announce its second bi-monthly&nbsp;monetary policy for financial year 2017-18. SBI feels a rate cut from the central bank is a must.&nbsp;

RBI should be looking at a repo rate cut in June policy, says Bhattacharya

India's GDP data for Q4FY17 dropped to a two year low. Now the next trigger would be RBI's action on Indian economy during second monetary policy meet.&nbsp; 
&nbsp;

GDP growth rate at 2 year low; RBI's action in next policy will be keenly watched

&nbsp;India's GDP numbers were at 6.1% in Q4FY17 – indicating a strong&nbsp;demonetisation impact. Difference between nominal and real GVA reflects slowdown was due to higher deflator.

Q4FY17 GDP at 6.1% but some sectors defied demonetisation impact

Govt has restored economic credibility of India, Arun Jaitley says 

Benefits of bank account portability would mean your account number would remain the same even if you change your bank. Banks, naturally, are not enthused by the idea but RBI is pushing for it.&nbsp;

MNP for banks if RBI has its way; will you gain from it? 

Demonetisation dips Q-4 GDP growth rate to 6.1%, 7.1% expected for FY 17

Sensex falls 75 points, Nifty slips below 9,600-mark on weak macroeconomic data 

The rupee gained another 8 paise&nbsp;to 64.43 against the US dollar on Thursday on account of increase in selling of the dollar&nbsp;by exporters and banks.&nbsp;

Rupee gains 8 paise against dollar in early trade

Moody's said, "India (Baa3 positive) is implementing a number of wide-ranging reforms and measures that, if effective, will broaden the tax base and anchor fiscal consolidation. Under such outcomes, the government's debt burden, a key constraint on India's credit profile, would ease gradually."

Debt continues to be key constraint for India, Moody's says

demonetisation

The Reserve Bank of India said 98.37 per cent of Rs 2000 banknotes have been returned to the banking system since the denomination’s withdrawal in May 2023. Only Rs 5,817 crore worth of notes remain in circulation, though they continue to be legal tender.
 

Rs 2000 note phase-out nearly complete, says RBI; 98% of notes returned to banks — All you need to know

97.82 per cent of the total value of the high-value Rs 2,000 banknotes are back in the banking system by the end of May 2024.

Rs 7,755 crore worth of withdrawn Rs 2,000 banknotes still in circulation

Rs 2,000 withdrawal from circulation: The RBI's announcement on Friday evening that the Rs 2,000 currency note has served its purpose and thus will be withdrawn from circulation left social media platforms in splits, with a string of memes doing rounds on microblogging website Twitter.

2,000-rupee note: A barrage of memes on social media as RBI presses 'exit' on 2,000 currency bill

BREAKING | Rs 2,000 note to be withdrawn: The RBI will start withdrawing 2,000-rupee notes from circulation. But worry not! The 2,000 note will remain legal tender. You will get a chance to deposit the Rs 2,000 note at the bank, or exchange it up to 10 (Rs 20,000) at a time. 

Bye bye, Rs 2,000 banknote! 10 things to know about the bill that has been in circulation for 6 years

The finance minister says banks make assessment of amount and denominational requirements for ATMs on the basis of past usage

Finance Minister Nirmala Sitharaman says govt hasn't stopped banks from filling Rs 2000 notes in ATMs

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Demonetisation

Demonetisation led to 'great movement' towards digitisation: Jaitley

Demonetisation impact long gone from Indian markets

RBI says 83% currency remonetised but does it really matter?

83% currency remonetised so far: Reserve Bank of India

From farm loan waivers to your EMIs, 10 things RBI said

Farm loan waiver could reach Rs 2.6 lakh crore by 2019, report claims

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