Demonetisation Impact

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Demonetisation Impact - Total results - 16
Demonetisation drive would have been 'significantly better' if Rs 2,000 currency notes were avoided: Uday Kotak
Business

Demonetisation drive would have been 'significantly better' if Rs 2,000 currency notes were avoided: Uday Kotak

As part of the demonetisation "execution" strategy, it was essential to ensure larger quantum of notes of the right denomination were made available, said Kotak.

GST: Yashwant Sinha again attacks Arun Jaitley for not 'applying mind', demands his resignation
Politics

GST: Yashwant Sinha again attacks Arun Jaitley for not 'applying mind', demands his resignation

Yashwant Sinha criticised the union government for claiming various achievements after demonetisation

Demonetisation: Could its objectives have been achieved by other means? Parliamentary panel asks govt officials
Business

Demonetisation: Could its objectives have been achieved by other means? Parliamentary panel asks govt officials

Members expressed concerns over demonetisation's impact on 'Brand India' as the country has now ceased to be the world's fastest growing major economy

The Blue Circle discussion: Narendra Modi's note ban, GST implementation criticised, Doka La approach lauded
Business

The Blue Circle discussion: Narendra Modi's note ban, GST implementation criticised, Doka La approach lauded

Note ban was disastrous for people, while faulty implementation and processes have rendered GST cumbersome, said Prashant Bhushan

Watch: Firstpost debates demonetisation fallout, benefits with economists
India

Watch: Firstpost debates demonetisation fallout, benefits with economists

Did demonetisation do more good than bad? Watch a panel discussion here

Rs 2.11 lakh cr bank recapitalisation: Business stresses in Gujarat spurred Narendra Modi's huge funding plan
Business

Rs 2.11 lakh cr bank recapitalisation: Business stresses in Gujarat spurred Narendra Modi's huge funding plan

The reason why Narendra Modi pushed for a huge bank recapitalisation now was the growing evidence of stress among small and medium sized businesses in Gujarat, his core constituency

Real impact of demonetisation will be known only by 2018-end: Former chief statistician Pronab Sen
Business

Real impact of demonetisation will be known only by 2018-end: Former chief statistician Pronab Sen

Sen noted that the country does not have a system of getting a more regular data on the unorganised sector

Arun Jaitley just tripped over his own feet by admitting economy wasn’t healthy when govt launched note ban
Business

Arun Jaitley just tripped over his own feet by admitting economy wasn’t healthy when govt launched note ban

Jaitley is absolutely right in saying a 7-8 percent growth is good enough for India in an environment where rest of the world is facing an economic slowdown

Six months of demonetisation: Cash has returned to rule and it means the move failed
Business

Six months of demonetisation: Cash has returned to rule and it means the move failed

It is safe to say that demonetisation has failed to achieve what it set out to achieve i.e. if it set out to achieve anything on the economic front

April car sales in top gear; Maruti, Tata see double-digit growth as note ban impact wears off
Business

April car sales in top gear; Maruti, Tata see double-digit growth as note ban impact wears off

Analysts see the automotive industry getting back to growth trajectory with overall environment supporting its growth this year

Urjit Patel for public sector bank mergers, says need fewer but healthier banks
Business

Urjit Patel for public sector bank mergers, says need fewer but healthier banks

India's central bank is grappling with the large stressed banking sector balance sheets.

Demonetisation may impact growth in Q4, remonetisation to take 2-3 months: Viral Acharya
Business

Demonetisation may impact growth in Q4, remonetisation to take 2-3 months: Viral Acharya

Ultimately, the cash shortage is like the liquidity shock and unless it had led to a substantial wealth destruction one would expect its effects to be quite temporary, said RBI deputy Viral Acharya

GDP data intriguing, figures don't add up, say economists
Business

GDP data intriguing, figures don't add up, say economists

Economists believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period

GDP data belies exaggerated claims of note ban impact: FM Arun Jaitley
Business

GDP data belies exaggerated claims of note ban impact: FM Arun Jaitley

With a 7 percent growth in gross domestic product (GDP) the worst fears for the economy have been put behind, Jaitley said

Demonetisation impact: IIP contracts to 4-month low of 0.4% in December
Business

Demonetisation impact: IIP contracts to 4-month low of 0.4% in December

The industrial output was 5.7 percent in November and did not capture the impact of demonetisation.