Moneycontrol PRO
demonetisation
Jump to
2469 Results Found
  • Five years of demonetisation: Black Money deals down 75-80%; sales outstrip new supply Nov 17, 2021 01:12 PM IST

    Five years of demonetisation: Black Money deals down 75-80%; sales outstrip new supply

    In post-DeMo Q4 2016-Q3 2021, sales of approximately 10.37 lakh units outstripped new launches that were at approximately 9.04 lakh units

  • 5 years of demonetisation: Have things changed for real estate? Nov 12, 2021 07:36 AM IST

    5 years of demonetisation: Have things changed for real estate?

    It cannot be said that cash components have been entirely eliminated from the market. However, they have become a far less influential factor driving property purchases. Real estate experts say that a permanent solution involves revising circle rates frequently and promoting electronic registration of properties.

  • After 5 years of demonetisation, black money is very much around Nov 09, 2021 02:16 PM IST

    After 5 years of demonetisation, black money is very much around

    The Narendra Modi government expected demonetisation to extinguish at least Rs 3-4 lakh crore of black money. However, RBI data show that 99% of the money that was invalidated came into the banking system. Meanwhile fresh seizures of black money continue.

  • Noteban will be marked among worst policy blunders: Jairam Ramesh Nov 08, 2021 02:53 PM IST

    Noteban will be marked among worst policy blunders: Jairam Ramesh

    Jairam Ramesh also claimed that the decision along with a rushed goods and services tax (GST) "destroyed the backbone of the Indian economy".

  • Priyanka Gandhi slams demonetisation as 'disaster' Nov 08, 2021 11:25 AM IST

    Priyanka Gandhi slams demonetisation as 'disaster'

    On November 8, 2016, Prime Minister Narendra Modi announced on national television his government’s decision to ban all currency notes of higher denomination of Rs 500 and Rs 1,000 from midnight on the same day.

  • Post demonetisation, notes in circulation on rise; so are digital payments Nov 07, 2021 03:33 PM IST

    Post demonetisation, notes in circulation on rise; so are digital payments

    Five years after the demonetisation, currency notes in circulation continue to rise albeit at a slower pace even as digital payments surge with more and more people embracing cashless payment modes.

  • No I-T scrutiny on cash deposits up to Rs 2.5 lakh by housewives post Demonetisation: ITAT Jun 23, 2021 01:49 PM IST

    No I-T scrutiny on cash deposits up to Rs 2.5 lakh by housewives post Demonetisation: ITAT

    Ruling on an appeal filed by an individual, the Agra bench of ITAT said the order would act as a precedent for all similar cases.

  • RBI asks banks to continue preserving CCTV recordings of demonetisation period Jun 08, 2021 07:12 PM IST

    RBI asks banks to continue preserving CCTV recordings of demonetisation period

    The central bank’s fresh notification means that the probes on illegal accumulation of new currency notes are not over even after four and half years of the 2016 demonetisation exercise.

  • Unemployment high in India due to govt's "ill considered demonetisation decision": Manmohan Singh Mar 02, 2021 02:25 PM IST

    Unemployment high in India due to govt's "ill considered demonetisation decision": Manmohan Singh

    Inaugurating a development summit virtually organised by the Rajiv Gandhi Institute of Development Studies, an economic think tank aligned to the Congress ideology in poll-bound Kerala, Singh said temporary measures by the Government of India and the Reserve Bank to paper over the credit problem cannot blind us to the looming credit crisis ahead that could affect the small and medium sector.

  • Bill Gates hails India's digital finance approach, calls it 'global model' Dec 08, 2020 04:21 PM IST

    Bill Gates hails India's digital finance approach, calls it 'global model'

    Gates praised India for building ambitious platforms for universal identification and digital payments which include the world’s largest biometric database and a system for sending rupees between any bank or smartphone app.

  • On tantric’s advice, Rajasthan man buys demonetised currency, worships to improve financial condition: Report Nov 27, 2020 02:07 PM IST

    On tantric’s advice, Rajasthan man buys demonetised currency, worships to improve financial condition: Report

    In the investigation, the accused said that he had purchased the currency from a man, named Nain Singh Rajpurohit by paying him Rs 1 lakh.

  • Demonetisation helped reduce black money, increased tax compliance, gave boost to transparency: PM Narendra Modi Nov 08, 2020 05:22 PM IST

    Demonetisation helped reduce black money, increased tax compliance, gave boost to transparency: PM Narendra Modi

    On November 8, 2016, Prime Minister Modi announced the decision to ban all currency notes of higher denomination of Rs 500 and Rs 1,000 from midnight.

  • Demonetisation 4 years on: A look at what it achieved and didn’t Nov 08, 2020 10:38 AM IST

    Demonetisation 4 years on: A look at what it achieved and didn’t

    There were three main objectives of demonetisation—fighting black money, flushing out fake notes and creating a cashless economy. Here is a status check.

  • The reality of realty  Jun 05, 2020 09:30 AM IST

    The reality of realty 

    What is truth about the real number of projects being stalled and the belief that prices of realty will definitely fall in the post-Covid era ?

  • Why real estate players do not deserve a bail-out package May 06, 2020 09:05 AM IST

    Why real estate players do not deserve a bail-out package

    The problems that the real estate sector is facing are its own creation

  • Coronavirus pandemic | Another 'Black Swan' for residential market post-demonetisation Mar 20, 2020 01:39 PM IST

    Coronavirus pandemic | Another 'Black Swan' for residential market post-demonetisation

    The coronavirus outbreak may lead to cash flow management issues in ongoing projects where a fall in collections may lead to a drop off in construction

  • IT dept gets Rajasthan HC notice on post-demonetisation amendment to Income-Tax Act Mar 09, 2020 08:55 PM IST

    IT dept gets Rajasthan HC notice on post-demonetisation amendment to Income-Tax Act

    The petitioner, Deepak Maratha, had challenged the amendment to the section 115 BBE IT Act 1961, introduced post-demonetisation, which levied the penalty on undisclosed income from previous 30 per cent to 60 percent.

  • Post-note ban 44,000 jobs were lost in Maharashtra in 2016-17: Survey Mar 05, 2020 10:20 PM IST

    Post-note ban 44,000 jobs were lost in Maharashtra in 2016-17: Survey

    The indicator in the Economic Survey 2019-20 stated that industries in the state in fiscal 2015-16 had a total number of 19.70 lakh employees.

  • Over 14k people lost jobs in Maharashtra in fiscal after note ban Mar 02, 2020 09:10 PM IST

    Over 14k people lost jobs in Maharashtra in fiscal after note ban

    Desai, in a written reply to a question raised by Congress MLC Anant Gadgil, said that in 2017-18, a total of 317 factories in the state closed down, resulting in job loss for 14,787 people.

  • With ATMs not dispensing Rs 2,000 notes anymore, here's why it is a win-win situation for banks & customers Feb 27, 2020 08:07 PM IST

    With ATMs not dispensing Rs 2,000 notes anymore, here's why it is a win-win situation for banks & customers

    The recalibration exercise is unlikely to create much problems for the customers because this process has been going on for a while now.

  • With revenues falling, India's taxmen rake up three-year-old demonetisation cases Feb 27, 2020 12:22 PM IST

    With revenues falling, India's taxmen rake up three-year-old demonetisation cases

    When Modi announced a sudden ban on 500 and 1,000 rupee bills on November 8, 2016 to weed out undeclared cash, clients thronged the store of one Mumbai-based jeweller, clamouring for necklaces, rings, bullion “anything gold.

  • Chart of the day | No green shoots in bank credit growth till end-January Feb 13, 2020 09:22 AM IST

    Chart of the day | No green shoots in bank credit growth till end-January

    Despite various steps taken by RBI and the government, bank credit growth is still weak

  • Govt's three errors of DeMo, flawed GST, squeeze on banks, sent economy in tailspin: Chidambaram Feb 05, 2020 01:30 PM IST

    Govt's three errors of DeMo, flawed GST, squeeze on banks, sent economy in tailspin: Chidambaram

    Addressing students at the Shri Ram College of Commerce here, the former finance minister also said that the country was heading towards another "listless" year in terms of economic growth.

  • Budget 2020: To fix the slowing economy, begin with agriculture Jan 13, 2020 12:18 PM IST

    Budget 2020: To fix the slowing economy, begin with agriculture

    After all, the economy is hurting real bad. And to understand the reasons behind the pain, it is essential to understand why farms matter

  • IAF flew 625 tonnes of new notes after demonetisation: Dhanoa Jan 05, 2020 12:15 PM IST

    IAF flew 625 tonnes of new notes after demonetisation: Dhanoa

    The move to scrap the old Rs 500 and Rs 1,000 notes was announced by Prime Minister Narendra Modi on November 8, 2016.

Sections
ISO 27001 - BSI Assurance Mark