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Nov 17, 2021 01:12 PM IST 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
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Nov 12, 2021 07:36 AM IST 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.
- Nov 09, 2021 02:16 PM IST
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.
- Nov 08, 2021 02:53 PM IST
Jairam Ramesh also claimed that the decision along with a rushed goods and services tax (GST) "destroyed the backbone of the Indian economy".
- Nov 08, 2021 11:25 AM IST
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.
- Nov 07, 2021 03:33 PM IST
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.
- Jun 23, 2021 01:49 PM IST
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.
- Jun 08, 2021 07:12 PM IST
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.
- Mar 02, 2021 02:25 PM IST
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.
- Dec 08, 2020 04:21 PM IST
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.
- Nov 27, 2020 02:07 PM IST
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.
- Nov 08, 2020 05:22 PM IST
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.
- Nov 08, 2020 10:38 AM IST
There were three main objectives of demonetisation—fighting black money, flushing out fake notes and creating a cashless economy. Here is a status check.
- Jun 05, 2020 09:30 AM IST
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 ?
- May 06, 2020 09:05 AM IST
The problems that the real estate sector is facing are its own creation
- Mar 20, 2020 01:39 PM IST
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
- Mar 09, 2020 08:55 PM IST
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.
- Mar 05, 2020 10:20 PM IST
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.
- Mar 02, 2020 09:10 PM IST
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.
- Feb 27, 2020 08:07 PM IST
The recalibration exercise is unlikely to create much problems for the customers because this process has been going on for a while now.
- Feb 27, 2020 12:22 PM IST
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.
- Feb 13, 2020 09:22 AM IST
Despite various steps taken by RBI and the government, bank credit growth is still weak
- Feb 05, 2020 01:30 PM IST
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.
- Jan 13, 2020 12:18 PM IST
After all, the economy is hurting real bad. And to understand the reasons behind the pain, it is essential to understand why farms matter
- Jan 05, 2020 12:15 PM IST
The move to scrap the old Rs 500 and Rs 1,000 notes was announced by Prime Minister Narendra Modi on November 8, 2016.
