ECONOMY NEWS - Page 273

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Raghuram Rajan may have cut interest like Urjit Patel did: Fitch

November 14, 2016 13:27 IST

It reasoned its assessment to consumer price inflation coming in at 4.3 per cent in September, comfortably below the RBI's 5 per cent target for end-March 2017.

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ATMs will start dispensing Rs 2000 notes today or tomorrow: Economic Affairs Secretary

November 14, 2016 14:31 IST

Das said that the cash holding limit for banking correspondents has been hiked to ₹50,000.

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Demonetisation: Special task force set up to expedite ATMs’ recalibration, says Economic Affairs Secretary

November 14, 2016 13:03 IST

Earlier, Economic Affairs Secretary Shaktikanta Das revealed that old Rs 500 and Rs 1000 notes will be accepted till November 24 midnight for a certain category of transactions.

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Nepali students, traders, patients hit hard after demonetisationSubscriber Only

November 14, 2016 13:03 IST

There is no official estimate of how much Indian currency is in circulation in Nepal, but the fact that it is freely acceptable and convertible in Nepal.

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What is demonetisation, what are different ways of demonetisation, and demonetisation in India by PM Modi explained

November 14, 2016 12:20 IST

Demonetisation, and everything that has gone down since PM Modi's November 8 announcement.

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Japan’s economy grows 2.2 per cent year-on-year in last quarter

November 14, 2016 08:25 IST

The Cabinet Office reported Monday that based on preliminary estimates, the economy expanded 0.5 percent from the previous quarter.

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Demonetisation will attack heart of black economy: CIISubscriber Only

November 13, 2016 16:03 IST

Director General CII Chandrajit Banerjee said corruption and excessive cash use tends to erode the purchasing power of money.

For the current fiscal, the Mumbai zone has been given a revenue collection target of Rs 76,300 crore. Last fiscal, the zone had collected revenue of Rs 68,714 crore.

Mumbai zone’s April to October service tax mop-up exceeds target

November 13, 2016 15:46 IST

For the current fiscal, the Mumbai zone has been given a revenue collection target of Rs 76,300 crore. Last fiscal, the zone had collected revenue of Rs 68,714 crore.

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PM Narendra Modi on black money: Top 10 quotes from his speech

November 13, 2016 14:04 IST

PM Modi spoke about the government's decision to demonetise the economy, fight against black money, criticism his government faced against the move, among others.

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No need to be anxious, enough cash available, assures RBI

November 13, 2016 13:07 IST

There was little respite for cash-starved people queuing up outside banks and ATMs Sunday, with branches witnessing unprecedented rush since early morning.

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Centre not fully prepared for demonetisation move, causing inconvenience to people: JD(U)

November 13, 2016 09:21 IST

JD(U) warned that if the present situation persists for another couple of days, it will affect the Indian economy

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Pulling out high currency notes a ‘half-baked plan’, says P Chidambaram

November 13, 2016 02:40 IST

Experts have criticised that demonetisation did not achieve the objective it was aimed at.

Apart from currency, some banks lend a helping hand tooSubscriber Only

November 13, 2016 02:33 IST

A branch of the Central Bank of India in Ahmedabad, to ensure fairness for all those queuing up, started giving out tokens to those in line and entertained to their needs accordingly.

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Will make India the most open economy in the world, says PM ModiSubscriber Only

November 12, 2016 01:56 IST

This comes in the wake of many Japanese investors, who have been facing issues in tax, land acquisition and other regulatory issues, have expressed their concerns privately to the government.