You are here: Home » Economy & Policy » News » Demonetisation
Business Standard

Business Standard News Digest: 'Economists talking nonsense' and more

Your daily dose of handpicked news from Business Standard and elsewhere

BS Web Team  |  New Delhi 

ATM, banks, cash, currency, rupee, demonetisation
People line up outside an ATM

MD, Aditya Puri does not believe what economists are saying about the economic consequences of and has no qualms calling their concerns nonsense. Read about it here

Surat polishes 95% of all diamonds in the world and thanks to cash crunch as a result of demonetisation, the diamond and textile hub has come to a halt. Surat employs more than 2 million people in these industries and people expect things to get worse. Here is the Business Standard special report

This Bengaluru engineer and his father have become big players in oil and gas block auctions in India. Akhil Teja, a mechanical engineer quit his bank job to pursue his interest in oil exploration. Read about it here

Government just announced another income declaration scheme. But Chartered Accountants doubt whether declarations will get immunity from reassessment. The bill remains silent about these provisions. Read about it here

is causing trouble not only for the diamond and textile hub of Surat, it is now hurting many sectors. Business Standard has the details

Start-ups - How is spoiling start-ups' business - Read

Tea-plantations - Tea plantation workers to face a major crisis in Dec - Read

Consumer durables - Consumer durable sales decline 30-40% in urban areas, 60-70% in rural - Read

Real-estate - Double whammy for property developers - Read

Agriculture - Cash starved farmers sell groundnuts in distress: price falls below MSP - Read


More from the internet

11 months after the terrorist attack on Pathankot, the government has contradicted itself in parliament and revealed that there were  4 terrorists and not 6 as it claimed earlier - Read

Aatish Taseer writes in the New York Times about the drought of ideas that the Indian right faces. “The right wing won an electoral mandate in 2014, but it still has a tremendous sense of intellectual inadequacy.” - Read

The government has been pushing ahead with its campaign asking India to go cashless. Nikhil Pahwa explains in a post on medianama why going would be tough in India. - Read

has hurt different people in different ways and there have been stories of suffering from all over India. Indian Express today has a story of a daily wager who had to wait to cremate his wife as he had no cash left. - Read

Keep following the Business Standard News Digest, your daily dose of handpicked news.

Business Standard News Digest: 'Economists talking nonsense' and more

Your daily dose of handpicked news from Business Standard and elsewhere

Your daily dose of handpicked news from Business Standard and elsewhere
MD, Aditya Puri does not believe what economists are saying about the economic consequences of and has no qualms calling their concerns nonsense. Read about it here

Surat polishes 95% of all diamonds in the world and thanks to cash crunch as a result of demonetisation, the diamond and textile hub has come to a halt. Surat employs more than 2 million people in these industries and people expect things to get worse. Here is the Business Standard special report

This Bengaluru engineer and his father have become big players in oil and gas block auctions in India. Akhil Teja, a mechanical engineer quit his bank job to pursue his interest in oil exploration. Read about it here

Government just announced another income declaration scheme. But Chartered Accountants doubt whether declarations will get immunity from reassessment. The bill remains silent about these provisions. Read about it here

is causing trouble not only for the diamond and textile hub of Surat, it is now hurting many sectors. Business Standard has the details

Start-ups - How is spoiling start-ups' business - Read

Tea-plantations - Tea plantation workers to face a major crisis in Dec - Read

Consumer durables - Consumer durable sales decline 30-40% in urban areas, 60-70% in rural - Read

Real-estate - Double whammy for property developers - Read

Agriculture - Cash starved farmers sell groundnuts in distress: price falls below MSP - Read


More from the internet

11 months after the terrorist attack on Pathankot, the government has contradicted itself in parliament and revealed that there were  4 terrorists and not 6 as it claimed earlier - Read

Aatish Taseer writes in the New York Times about the drought of ideas that the Indian right faces. “The right wing won an electoral mandate in 2014, but it still has a tremendous sense of intellectual inadequacy.” - Read

The government has been pushing ahead with its campaign asking India to go cashless. Nikhil Pahwa explains in a post on medianama why going would be tough in India. - Read

has hurt different people in different ways and there have been stories of suffering from all over India. Indian Express today has a story of a daily wager who had to wait to cremate his wife as he had no cash left. - Read

Keep following the Business Standard News Digest, your daily dose of handpicked news.
image
Business Standard
177 22

Business Standard News Digest: 'Economists talking nonsense' and more

Your daily dose of handpicked news from Business Standard and elsewhere

MD, Aditya Puri does not believe what economists are saying about the economic consequences of and has no qualms calling their concerns nonsense. Read about it here

Surat polishes 95% of all diamonds in the world and thanks to cash crunch as a result of demonetisation, the diamond and textile hub has come to a halt. Surat employs more than 2 million people in these industries and people expect things to get worse. Here is the Business Standard special report

This Bengaluru engineer and his father have become big players in oil and gas block auctions in India. Akhil Teja, a mechanical engineer quit his bank job to pursue his interest in oil exploration. Read about it here

Government just announced another income declaration scheme. But Chartered Accountants doubt whether declarations will get immunity from reassessment. The bill remains silent about these provisions. Read about it here

is causing trouble not only for the diamond and textile hub of Surat, it is now hurting many sectors. Business Standard has the details

Start-ups - How is spoiling start-ups' business - Read

Tea-plantations - Tea plantation workers to face a major crisis in Dec - Read

Consumer durables - Consumer durable sales decline 30-40% in urban areas, 60-70% in rural - Read

Real-estate - Double whammy for property developers - Read

Agriculture - Cash starved farmers sell groundnuts in distress: price falls below MSP - Read


More from the internet

11 months after the terrorist attack on Pathankot, the government has contradicted itself in parliament and revealed that there were  4 terrorists and not 6 as it claimed earlier - Read

Aatish Taseer writes in the New York Times about the drought of ideas that the Indian right faces. “The right wing won an electoral mandate in 2014, but it still has a tremendous sense of intellectual inadequacy.” - Read

The government has been pushing ahead with its campaign asking India to go cashless. Nikhil Pahwa explains in a post on medianama why going would be tough in India. - Read

has hurt different people in different ways and there have been stories of suffering from all over India. Indian Express today has a story of a daily wager who had to wait to cremate his wife as he had no cash left. - Read

Keep following the Business Standard News Digest, your daily dose of handpicked news.

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard