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  • 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.

  • In The News podcast | Govt could soon purchase your personal data; jewellers served notices for DeMo deposits; infant deaths rises to 102 in Kota and more Jan 02, 2020 08:27 PM IST

    In The News podcast | Govt could soon purchase your personal data; jewellers served notices for DeMo deposits; infant deaths rises to 102 in Kota and more

    Tune in to In The News for the top news from India and around the world.

  • Countering demonetisation's impact: Hyderabad tops list in real estate sales Dec 02, 2019 07:49 PM IST

    Countering demonetisation's impact: Hyderabad tops list in real estate sales

    Mumbai is the only city that has not yet shown any signs of recovery, according to an analysis by a property consultant.

  • Three years after DeMo, you can still buy property by paying 30% cash in resale market Nov 27, 2019 02:47 PM IST

    Three years after DeMo, you can still buy property by paying 30% cash in resale market

    Primary sales market in Tier 1 cities offers limited scope for 'black' money transactions; Tier 2 and 3 cities present a different picture

  • Samajwadi Party will be in power in UP in 2022, wounds of Demonetisation now deeper: Akhilesh Yadav Nov 08, 2019 04:50 PM IST

    Samajwadi Party will be in power in UP in 2022, wounds of Demonetisation now deeper: Akhilesh Yadav

    He took a jibe at the ruling BJP over the demonetisation while taking part in the birthday celebrations of a baby who was born when his mother was standing in a long queue outside a bank to get her old currency changed, days after the note ban came into effect on November 8, 2016.

  • Demonetisation: Three years on, more taxpayers and greater digital payment usage, but some pain points remain Nov 08, 2019 04:07 PM IST

    Demonetisation: Three years on, more taxpayers and greater digital payment usage, but some pain points remain

    The government had pitched the move as part of a broader strategy to clamp down on India's bustling parallel economy where deals take place in cash.

  • Demonetisation: Digital payments, wallets on the rise; but cash is still king Nov 08, 2019 03:57 PM IST

    Demonetisation: Digital payments, wallets on the rise; but cash is still king

    Using digital methods for payments was a compulsion after demo, but has now become a habit for many

  • Will not let nation forget or forgive the 'Tughlaqi blunder': Sonia Gandhi hits out on notes ban Nov 08, 2019 02:58 PM IST

    Will not let nation forget or forgive the 'Tughlaqi blunder': Sonia Gandhi hits out on notes ban

    "No matter how much the Modi government may try and evade responsibility for this ludicrous and short-sighted measure, the nation and its people will ensure that they are held accountable," Gandhi said in a statement.

  • Note ban derailed economy, says Mamata Banerjee; BJP hits back Nov 08, 2019 12:52 PM IST

    Note ban derailed economy, says Mamata Banerjee; BJP hits back

    The saffron party was quick to hit back, claiming that the global financial crisis had a cascading effect on India's economy and demonetisation had no role in it.

  • On DeMo anniversary, former FinMin official S C Garg says Rs 2,000 notes being hoarded Nov 08, 2019 12:05 PM IST

    On DeMo anniversary, former FinMin official S C Garg says Rs 2,000 notes being hoarded

    Three years ago, on this day, Prime Minister Narendra Modi made the stock announcement of banning the use of old 500 and 1,000 rupee notes with a view to curb black money, promote digital payments and make the country a less-cash economy.

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