Page 41 - Demonetisation

Undue use of paper cash detrimental to society: Arun Jaitley

He said transformation of post offices into a bank will be the next revolution

Demonetisation led to spike in transaction, not in value

Between October and November, the banking industry's total card usage increased 45%

Retail inflation hits three-year low of 3.41% in December

Cash crunch due to demonetisation has suppressed the demand

Demonetisation is beginning of the end of India's economy, says Manmohan

Warns worse is to come as the full effects of demonetisation roll out

Shut down SBI branches till cash flow improves: Trade union leader

It is better to close down the branches for some time than the staff face the ire of the public

Nepal, India to sort out banned Indian currency crisis

Delegates from Nepal will also request the Indian govt to allow exchange facility through banks

Feeling the heat: FMCG revenues to take 6% hit due to note ban

Double-digit fall in volumes seen, profit to fall 10% on lower offtake, rising commodity prices

Over 4 mn bank accounts could be dormant, suspects I-T department

CBDT spotlight on banks, dormant accounts that got sudden outflow during demonitisation

Two-wheelers magnify automobile sales' fall last month

Auto sales fell to 16-year-low in December, largely due to fall in two-wheeler sales

PM Modi spreading fear across country: Rahul Gandhi

Demonetisation move was not RBI's decision but a personal decision of PM Modi, says Rahul

TMC MPs meet President, call note ban super emergency

MPs also held PM Narendra Modi responsible for the death of 120 people, caused by the move

Demonetisation a disaster, worse is yet to come: Manmohan Singh

Singh along with Chidambaram said there would be a decline in the country's GDP because of it

Office leasing hits all-time high at 43 mn sq ft in 2016: CBRE

The share of domestic corporates in transaction activity grew from 41% in 2015 to 43% last year

States' notional stamp duty loss Rs 1,200 cr in Q3

Knight Frank attributes this to the drop in sales volume in residential markets due to note ban

CPI-M to 'hang' Modi over failure of demonetisation

The Communist Party of India (Marxist) will hold a special programme in 14 district headquarters in the state where Prime Minister Narendra Modi would face a mock trial and would be hanged.

Demonetisation to slow down India's fuel demand growth in 2017: Mackenzie

India's oil product demand growth in 2017 is expected to drop to 1,60,000 barrels per day: Woodmac

Modi's claim on national income proved to be hollow, says Manmohan Singh

The former prime minister asserted that demonetisation has hurt the country badly

Great damage done to the economy that we built brick by brick: Chidambaram

'One per cent reduction means loss of 1,50,000 crore to the economy', Chidambaram stressed

Masked criminals loot Rs 6.58 lakh at gun point near Hazaribagh

The police have started an investigation in to the matter

Govt suspects tax evasion in Rs 3-4-lakh crore deposits after note ban

As it analyses bank deposits after demonetisation