Page 2120 - Economy & Policy News

Demonetisation lowers sales, raises textile inventories in Q3

Recovery seen in Q4, companies continue focus on enhancing cash flow

New agency to probe anomalies in I-T returns filed by 18 lakh post note ban

Minister Radha Mohan Singh said post demonetisation, Rs 15 lakh crore have been deposited in banks

Note ban significantly impacted credit demand, deposit growth: Moody's

Moody's said the slowdown in loan growth may also have been in part due to loan repayments

Note ban might affect some sectors in Q4: RBI

Remonetisation should be completed in 2-3 months, says RBI Deputy Governor Viral Acharya

Parliamentary panel to submit demonetisation report during Monsoon Session

RBI Governor will not be called again on the note ban issue: Committee's chairman

Demonetisation effect: Fishermen to keep away from sea

Decision to this effect was taken at a meeting convened by the Mechanised Boats Fishermen Association here on Friday

US banks close rupee exchanges after large bills ruled illegal

Currency exchange providers in the US have been unable to take the outlawed bills

Note ban effect: I-T dept issues 5,100 notices for suspicious deposits

I-T dept has conducted more than 1,100 search and survey operations and issued about 5,100 notices

Note-ban effect: Tax receipts jump to record levels

Income tax net collections grew at 14 per cent, the highest in three years

Demonetisation effect: Rural India still faces cash shortage

According to RBI data, currency in circulation was Rs 13.12 lakh cr as of March 24

Demonetisation impact: Over 1.2 mn PoS terminals added in 3 months to March

Govt undertook a major drive to promote digital transactions from December onwards

Cost of demonetisation: 1.52 mn casual workers in eight sectors lost jobs

Sectors include information tech, transport, manufacturing

IAF charged Rs 294 mn to ferry new currency notes post-demonetisation

IAFs frontline transport aircraft, the C-17 and C-130J Super Hercules, undertook 91 sorties to transport bundles of currency from security printing presses to various destinations across the country

Inside labour hubs in India's capital: Fewer jobs, more unemployed workers

Demonetisation, GST, sealing and anti-pollution measures worsened the prospects of getting a job, but experts said such opportunities were already scarce for those without a proper education

In Tirupur, no cash to pay workers who dress up best global brands

Business Standard checks out trade hubs across the country to assess the impact of demonetisation. The first of a six-part series takes a look at Tirupur

Demonetisation: Surat, world's diamond polishing hub, faces a big cut

In the third of a 6-part series, here's an assessment of the impact of demonetisation diamond and textile units in Surat

OMCs may absorb extra charge for digital transactions at fuel outlets

Oil Minister Dharmendra Pradhan said consumers and outlets will not be burdened with MDR charges

Demonetisation impact on politics: Scoring by shifting of goalposts

The frequent shifting of goalposts has damaged the credibility of institutions such as RBI

RBI U-turn: KYC customers can deposit any amount, any number of times

RBI withdrew rules that required bank customers to make deposits of above Rs 5,000 in old notes

Narendra Modi advertising Chinese company Paytm, says Lalu Prasad

The former chief minister of Bihar said by Paytm, Modi meant "Pay to Me