Cash Demonetisation | The Asian Age

Saturday, Apr 20, 2024 | Last Update : 07:50 PM IST

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Opening on a weak note, the Sensex shuttled between 26,720.98 and 26,447.06 and settled lower 31.01 points, or 0.12 per cent, at 26,595.45.

2017 starts with dip in sensex

Investors started taking profit that made mood downbeat.

03 Jan 2017 12:54 AM

Cash is dead, all hail the new king — digital and plastic. (Representational)

A leap backwards to raid raj?

India, which consumes as much as 67 per cent of its GDP domestically, has been impacted adversely.

03 Jan 2017 12:51 AM

The company’s domestic sales (wholesales) declined 8.32 per cent to 40,016 units in November 2016 compared with 43,651 in November 2015.

Hyundai sees normalcy after April

Hyundai had given 10 per cent extra discount in December to offset the note ban impact.

02 Jan 2017 2:09 AM

Stock markets likely to stay subdued till June

Market participants feel that a meaningful recovery in the stock market can be expected only during the second half of 2017.

02 Jan 2017 2:08 AM

Congress leader Prithviraj Chavan (Photo: PTI)

Note ban ‘yagna’ an uncontrolled forest fire: Congress

Opposition party also claimed that the scheme of financial assistance to pregnant women, announced by Modi, was actually started by the UPA.

02 Jan 2017 2:05 AM

Pradhan Mantri Jan Dhan Yojana was launched in August 2014 to increase banking penetration and promote financial inclusion in the country.

48 lakh Jan Dhan accounts under tax scanner

First week after note ban saw surge in deposits; Rs 3,285 crore was withdrawn in 15 days.

02 Jan 2017 12:20 AM

Citizens can avail this facility in their individual capacity once during the period on submission of ID documents. (Photo: File)

Note-ban: NRIs can exchange notes until June 30, says RBI

While there is no monetary limit for exchange for eligible resident Indians, the limit for NRIs will be as per relevant FEMA Regulations.

01 Jan 2017 10:38 AM

Nifty ended the day at 8,185.80, gaining 82.20 points or 1.01 per cent while the Sensex closed the session at 26,626.46, up 260.31 points or 0.99 per cent.

Sensex ends 2016 on a positive note

Union Budget gave a major boost to the market by announcing major measures to revive the rural economy and infrastructure.

31 Dec 2016 3:55 AM

The industrial sector contributed over 15 per cent to the NPAs followed by agriculture and services in the region of six per cent and retail loans which were the lowest at 2.3 per cent.

Note ban may spike bad loans in second half of FY17

The highest level was in education loans followed by auto, consumer durables and mortgages.

31 Dec 2016 3:55 AM

Union Finance Minister Arun Jaitley (Photo: PTI)

Cash situation is back to normal, says Jaitley

Refuses to say when RBI restrictions on cash withdrawals will be lifted.

31 Dec 2016 3:54 AM

Poet Subodh Sarkar at a press meet against the note ban at the Kolkata Press Club. (Photo: Abhijit Mukherjee)

Intellectuals call note ban worse than Emergency

Abhirup Sarkar said the crisis that the demonetisation has triggered across the country will not be resolved in 50 days.

30 Dec 2016 3:16 AM

Congress vice-president Rahul Gandhi and CM Mamata Banerjee in New Delhi. (Photo: PTI)

No ‘bonhomie’ with TMC: Congress

CM’s greetings on Cong’s 132nd foundation day leave state unit in limbo.

30 Dec 2016 2:48 AM

Data mining has helped income-tax department to get enormous data about cash deposits.

0.5 per cent holds half of cash

Less than half per cent of population deposited nearly half of total cash.

30 Dec 2016 1:04 AM

Employees of Finance Ministry stand in a queue to withdraw cash from an ATM at North Block in New Delhi. (Photo: PTI)

Modi deadline ends, but cash woes continue

On Wednesday, most of the banks in the city continued to face turmoil due to cash crunch.

29 Dec 2016 2:46 AM

We dare Centre to probe funding, says AAP

AAP says Modi extolling ‘non-existent virtues’ of currency ban.

29 Dec 2016 2:37 AM

Left admits Mamata Banerjee stole note ban show

It was decided that CPI(M) workers would organise protest movements across the state from January 1 to 10.

28 Dec 2016 3:27 AM

Prime Minister Narendra Modi. (Photo: PTI)

Jobs, taxes in focus at Narendra Modi’s Niti meet

PM Modi plans fiscal roadmap before state elections.

28 Dec 2016 3:11 AM

Shorter queues as cash in many banks

Bankers are still reeling under stress, varying temperaments and cash crunch.

28 Dec 2016 3:05 AM

Less than three per cent people filed their income-tax returns in the last assessment year.

Data mining: Car buys spill income beans

Indians buy 25 lakh cars a year though 24 lakh report over Rs 10 lakh income.

28 Dec 2016 3:02 AM

Less revenue to accumulate by way of one-time car parking charges as car sale has decreased by 25 per cent.

Civic body to lose Rs 100 crore revenue due to move

SDMC Opp. leader suggests exploring possibility of PPP for installing solar panels if there is fund shortage.

28 Dec 2016 2:50 AM

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Shobhaa De