Page 17 - Demonetisation

CBDT extends deadline on final assessment of post-demonetisation cases

This is the second extension given by the Board in this case after the first deadline of June 30 was extended up to September, the official said

Factory investment rate tumbled to 17-year low after demonetisation

Employment and wages rise in factories, but key sectors lose jobs

10-year bond yield hits lowest level since demonetisation, closes at 6.33%

Spread between G-secs, equivalent maturity pvt bonds has widened

3.5 years after note ban, thousands of labourers in Pune still out of jobs

Pune city is host to more than 200,000 construction workers

Bank notes' printing cost rose to Rs 80 billion in FY17, says govt

Asked about the durability of new Rs 500 and Rs 2000 bank notes, Minister of State for Finance Pon Radhakrishnan said these notes are expected to have normal life as that of older currencies

Delhi High Cout to hear pleas against demonetisation on December 22

Prime Minister Narendra Modi had on November 8 announced the demonetization of Rs 1,000 and Rs 500 notes

Car sales drive over note ban hurdle

The domestic passenger vehicle market looks well placed to cruise to its first annual domestic sales of three million units in the year ending March 17, thanks to a strong recovery after demonetisation. After a 14 per cent growth in January domestic sales, car makers have managed to pull another month of strong growth in February. Domestic passenger vehicle (cars, vans and utility vehicles) sales from companies to dealers is estimated to have surged by almost ten per cent last month to 251,700 units (approx.). Seven companies including Maruti Suzuki, Tata Motors and Toyota posted a double digit growth.The industry had sold a record 2.78 million passenger vehicles in domestic market during FY16 when volumes grew by 7.24 per cent. FY17 growth is likely to be in excess of nine per cent and might hit a double digit mark after a gap of five years. The April-January domestic growth is at 9.17 per cent and 2.5 million passenger vehicles were sold. February growth was led by market leader ...

SIT on black money reveals data: Rs 70,000 cr illegal cash detected so far

SIT made several recommendations in the past two years through its interim reports

Note ban impact was transient, says RBI staff paper

The paper's conclusion, the authors warned, was not necessarily the official view of the RBI

Gold and note ban: How black money turned white, then yellow

Gold imports in January-March 2017 were the most since the same quarter of 2013

Let apex court prevail

People had taken for granted that govt/RBI would allow the exchange of banned notes till March 31

Demonetisation hit economic activity by 3 percentage points: New study

The first district-level study on demonetisation says full impact was not visible in official statistics

Farm income and wages fell in demonetisation year, reveals new data

Despite being a bumper monsoon year, farm output grew slower than input costs in FY17, reveals new data

Rural investment is the best way to revive economy, says Pronab Sen

The informal sector is starting to crawl back, and taking back some of the space it had given up after demonetisation

Demonetisation was no rash call; we missed the many hints months earlier

It would not be incorrect to assume that the government had been toying with the idea of demonetisation from as early as February 2016

Rahul Gandhi pleads not guilty in Ahmedabad bank defamation case, gets bail

The defamation suit was filed by the bank against Gandhi after he alleged that it had swapped Rs 750 crore in scrapped currency with valid notes within five days of announcement of demonetisation

Note ban's impact on Indian economy overstated: Former US Fed vice-chairman

Prime Minister Narendra Modi on November 8, 2016 had announced demonetisation of Rs 1,000 and Rs 500 notes, which saw 86 per cent of the cash by value going out of circulation

Number of real estate developers in top 9 cities halved after note ban

Demonetisation, RERA and GST have helped consolidation in the sector

How demonetisation ended golden days of workers in India's plywood capital

Prime Minister Narendra Modi announced demonetisation, withdrawing 86%, by value, of India's currency on 8th November 2016.

8.8 million taxpayers didn't file returns in demonetisation year: Report

There are several reasons that could have led to the spike in stop filers. The two main reasons could be - job loss and drop in income