Page 42 - Demonetisation

Note ban and the allure of authoritarian populism

Modi believes that demonetisation will confiscate ill-gotten wealth and distribute it to the poor

Demonetisation to drag corporates' Q3 gross revenues to 4%: Crisil

Pace of growth in Q4 will still recover 5-7%

Demonetisation 'atrociously planned and executed': NYT

There is a little evidence that PM Modi's move succeeded in combating corruption and black money

Abolish long-term capital gains tax on real estate, gold: Mohandas Pai

Gold is another big store of black money, says Mohandas Pai

Mumbai property registration numbers to improve post demonetisation

Many expect home loan rates of 8% soon as banks are flush with funds

Note ban takes sheen off realty; 2016 sees lowest sales, launches in 6 yrs

Demonetisation has taken the sheen off the real estate sector as 2016 ended with the lowest launches and sales of residential projects since 2010, a report said. Sales volume and new launches fell by 23 per cent and 46 per cent each in the second half of 2016, a report by real estate consultancy Knight Frank said. The fourth quarter of 2016 saw a significant drop by 44 per cent year on year and new launches fell by 61 per cent, it added. "Political stability, regulatory environment, enhanced infrastructure, strong investments, approval to the GST bill amendments to REITs led us to the feeling that the year would end on a high note. However, the demonetisation move pulled down the last quarter sales across all cities," Shishir Baishali, chairman and MD Knight Frank India said in a statement. "The fall in Q4 was intense, H2 2016 ended below H2 2015...2016 ended at launches and sales being lowest since the global financial crisis," he pointed out. Further, the real estate sector

Auto sales at 16-year low in December as demonetisation takes toll

Motorcycle sales saw biggest decline in 8 years down 22.5%, vehicle sales saw decline of 18.66%

RBI identity has been damaged: Former governor Y V Reddy

In a TV interview, he said impression now is that RBI is now only responsible for monetary policy

Forget cash, is India going to get rid of plastic money too by 2020?

The Modi govt is banking on the BHIM app to be the future of financial transactions in India

Indirect tax mop-up rate slows after note ban, Jaitley dismisses slowdown

Collections grew 14.2% in Dec, down from 23.1% in Nov and 30.5% in Oct; however, Budget target on track

By 2017-end, our digital commerce will become a $1-trn economy: IT Minister

Interview with Ravi Shankar Prasad

No additional charges on digital transactions, assures Pradhan

Officials promise to sort out the mayhem by Friday

Wrestling with the 'water balloon' of digital payments

Catalyst, an Indo-US project, seeks to break fresh ground by focusing on interoperability

Higher tax mop-up reflects no slowdown post note ban: Jaitley

Direct tax collections in Apr-Dec up 12%; indirect tax collections up 25%: FM

Omkar Goswami: The economics of demonetisation

Instead of instant damnation or heavenly praise, analyse the data & see how this gamble is playing out. The game has just begun

MSMEs may suffer job losses of upto 60% before March due to note ban: study

The study assigned by industry organisation AIMO says MSMEs were the worst hit due to demonetisation

CBI is now Conspiracy Bureau Of India: Mamata

Mamta claims that her party and its leaders are victimised for protesting against demonetisation

Petrol pumps will continue to accept card payments even after Jan 13

Transaction fee is a business module between banks and OMCs that needs to be resolved, says Pradhan

As labourers return home after note ban, work demanded under MGNREGS up 60%

The Indian Express quoted an official as saying the note ban's impact on sectors may be the cause

Demonetisation just a bump; India to maintain 7% growth: Cisco

Chambers said Internet will facilitate 3-5 times the economic impact at a much faster pace