Demonetization

"Welcome the Hon'ble Supreme Court's judgement today on Demonetization. A five-judge Constitution Bench (via a 4-1 majority) has upheld the Demonetization after carefully examining the issue & has dismissed several petitions challenging the decision," Sitharaman said in a series of tweets.

Six years since demonetisation, massive jump in cash with public at Rs 30.88 lakh crore

The intent of the move, which was criticized by many experts for poor planning and execution, was to make India a "less cash" economy.

Growth outlook: Are businesses and consumers more to the point than RBI?

Evolution of high-frequency indicators suggests further growth downgrade likely.

Podcast | Digging Deeper - RBI's Annual Report for 2017-18

Find out the central bank's evaluation of the demonetization exercise, the NPA crisis, economic growth, and also foreign investment.

The moment of truth for investors: Will earnings expectations be met in 2018?

This can be gauged with the way the Indian markets are priced. With valuations above the long-term averages, it is clear that the market is expecting an uptick in earnings in the short to midterm.

Digital, disruptive tech to enhance reach in fin services industry: Reliance MF CEO

Demonetization, digital India gave a positive push to financial services sector and will continue to aid the sector, said Sundeep Sikka, Executive Director and Chief Executive Officer, Reliance Mutual Fund.

5 key takeaways from 9th Annual National Association of Realtors India Convention

The focus at the convention was on the three tsunamis that have hit the real estate sector in the past one year namely demonetization, RERA and GST. Here are 5 takeaways from the convention.

Nepalis, saddled with banned Indian rupee notes, risk losing savings

Indian Prime Minister Narendra Modi in November banned 500 rupee ($7.77) and 1,000 rupee bank notes as part of a drive against unaccounted wealth in India that has also hit Nepal where Indian rupees are widely used.

Sushma Swaraj, Rajnath Singh to reach out to Opposition amid India-China standoff

External Affairs Minister Sushma Swaraj and Home Minister Rajnath Singh are expected to brief a host of Opposition leaders on Thursday at Rajnath’s residence.

Dry spell threatens Indian summer crops, could raise farmers woes

Lower yields or crop failure will increase discontent among farmers that has triggered protests in the big agrarian states in recent months and forced the state governments to waive billions of dollars of farm loans.

India seen staying fastest growing major economy in January-March quarter: Poll

Prime Minister Narendra Modi's ban of high-value currency notes last year had a major short-term impact on demand but private and public consumption has recovered.

Gold jewellery sales expected to double this Akshaya Tritiya

Gold traders will be sweetening the deal this year with freebies, discounts and cash-back offers. Some branded buyers are giving huge discounts on making charges, while others are gifting free coins with purchases.

I-T dept turns gaze on 2 lakh a/cs for over Rs 25 lakh deposits following cash ban

In all, the I-T department has identified 18 lakh such accounts and will be scrutinizing them in a phased manner beginning with the 2 lakh accounts in the first phase, a senior I-T official told Moneycontrol.

Assembly elections 2017 verdict: Modi Wave resurrected

The election in five states was a referendum on demonetization 3.0 undertaken by the Modi government creating a sharp political divide with the narrative shifting to BJP versus the rest.

India services activity grows for first time in 4 months: PMI

The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 50.3 in February from 48.7 in January, marginally above the 50-mark that separates growth from contraction.

'Too early to celebrate' India's GDP beat: Former FM Chidambaram

Official data showed India's gross domestic product (GDP) grew 7 percent annually for the quarter, sharply beating expectations for a 6.4 percent growth rate in a Reuters poll. The economy slowed from the September quarter's 7.3 percent annual growth rate.

Banks rush to buy cyber security cover as digital payments rise

This is despite the fact that the industry base for cyber insurance is currently as low as Rs 60 crore.

Budget 2017: What's in store for startup founders & their employees

However the Budget may not be too bad for digital startups. If you are running any online startup, lets see how it impacts you.

Budget 2017: Rural India shines bright in Budget ahead of Assembly polls

Expectations were rife that the Narendra Modi government will announce a populist budget given the fact that five states are going to assembly polls later this month. Measures aimed at soothing the adverse impact of demonetization are also expected.

India's Budget to balance growth, fiscal restraint

Entering 2016 as the world's fastest-growing economy with annual gross domestic product (GDP) growth of 7.6 percent, the South Asian giant now faces shrinking factory output, consumption and rural demand following Prime Minister Narendra Modi's contentious currency reform that launched in November.

India Inc seeks a stimulus Budget from FM

Greater clarity on GST implementation and roadmap to lower taxes

Chidambaram's Budget tips to Jaitley: Don't slash income tax rate, cut service tax instead

It is widely expected that the Budget will announce relax the income-tax threshold limits to regain the goodwill of the middle class, which has been inconvenienced by demonetization

UP Elections 2017: Amit Shah sees BJP majority, says voters back demonetisation

“There are so many anti-incumbency issues in UP. Still, if the Opposition wants to do a referendum on demonetisation, we are ready for it. People of UP are with BJP on the issue of demonetisation,” Amit Shah told Network 18 Group Editor-in-Chief Rahul Joshi.

Demonetization: Use grace period for insurance premiums, EMIs

The Indian government has come up with quick fixes to lighten the burden of low cash supply on citizens and encourage staying invested.

Long term, gold use looks good despite note ban: WGC

While the main demand will be for jewellery, bar and coin investment is expected to be 250-300 tonnes by 2020. Jewellery exports are estimated to touch the USD 40 billion mark, from the current USD 8.6 billion.