Sat, May 20, 2023
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The RBI's announcement on Friday evening that the Rs 2,000 currency note has served its purpose and thus will be withdrawn from circulation left social media platforms in splits, with a string of memes doing rounds on microblogging website Twitter.
Fri, May 19, 2023
BREAKING | Rs 2,000 note to be withdrawn: The RBI will start withdrawing 2,000-rupee notes from circulation.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.
Mon, Mar 20, 2023
The finance minister says banks make assessment of amount and denominational requirements for ATMs on the basis of past usage
Mon, Jan 08, 2018
GDP numbers stood at 6.3% in the second quarter of FY18 (Q2FY18) from 5.7% in the preceding quarter.
Fri, Jan 05, 2018
India’s GDP growth surged by 6.3% in the September quarter compared to 7.5% in the corresponding period of the previous year.
Sat, Dec 30, 2017
More than computer-based Internet penetration and broadband extension, the record growth of smartphones and the 4G network rollout made e-tailing popular even in secondary cities and towns across the country thanks to easy and quick access to information and data on products and services.
Wed, Dec 27, 2017
Based on the fundamentals, business prospects and management outlook, various market research firms have suggested some prospective stocks
Sat, Dec 23, 2017
A look back at the year 2017 that India's retail sector has had.
Wed, Dec 20, 2017
The government had struck off a total of 2,24,000 companies, thereby disqualifying about 3,09,000 directors.
Tue, Dec 19, 2017
The companies feel that prospects of good economic growth coupled with a revival in demand and consumption will help them overcome the hit they took on volumes and profits in 2017.
Mon, Dec 18, 2017
Introduction of this new currency and design has been brought in considering various factors like ease of transaction for common man, replacement of soiled banknotes, inflation and the need for combating counterfeiting.
Union Finance Ministry on Monday released its year end review showing strong macro-economic fundamentals and reforms for sustained growth for the year 2017-18.
Wed, Dec 13, 2017
The Cash Logistics Association (CLA) Secretary General U S Paliwal said that these companies provided additional services for evacuating old Rs 500 and Rs 1,000 notes from ATMs across the country and recalibration of about 1.5 lakh ATMs to dispense new notes of Rs 2,000 and Rs 500.
Tue, Dec 12, 2017
The report warned that for India "the anaemic performance of private investment remains a key macroeconomic concern." "Gross fixed capital formation as a share of GDP has declined from about 40 per cent in 2010 to less than 30 per cent in 2017," the report said.
Tue, Dec 05, 2017
Fitch alone is not disappointed by the country's current growth rate, CRISIL too has projected India's GDP at 6.8% with downside bias from previous 7% for FY18.
Sun, Dec 03, 2017
After striking off names of around 2.24 lakh companies from the official records for being inactive for long and disqualifying more than 3 lakh directors, the corporate affairs ministry is carrying out data mining to gather more details.
After clocking just under 10% growth for almost a year, credit expansion fell to under 5% starting November 2016. Since then it has been struggling to cross the double digit mark on sustained basis due to the impact of demonetisation and the implementation of Goods and Services Tax (GST).
The strong inflow could be largely attributed to the government's decision to recapitalise public-sector banks, which is expected to enhance lending and propel economic growth, said Morningstar India's senior analyst manager (research) Himanshu Srivastava.
Fri, Dec 01, 2017
The agency said "Gross value-added (GVA) growth, which measures the economy from the producer or supply side – and is supposed to be a better measure of economy activity – improved to 6.1% in Q2 from 5.6% in Q1, largely on account of revival in industrial activity."
Thu, Nov 30, 2017
Finance Minister Arun Jaitley said that India has standardised itself for a 7-8 per cent growth rate on the back of improving macroeconomic fundamentals.
Wed, Nov 29, 2017
Niti Aayog's Vice-Chairman Rajiv Kumar earlier expressed his confidence stating that India's economic growth in Q2FY18 is expected to soar between 7% and 7.5%. Considering an economist's forecast, this number was a higher projection.
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