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5 mins read

Why even an economic growth of 6.6% is not believable

The Indian GDP grew by 6.6%, the slowest in five quarters. In fact, even a growth of 6.6% seems …

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1 min read

Economic growth rate very reasonable, says Arun Jaitley playing down demonetisation effect

Jaitley spoke after data on Wednesday showed that India's economy, Asia's third largest, suffere…

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2 mins read

RBI Governor Urjit Patel seemed rather clueless on how long the cash ban effect will take to wear off

The RBI says it has pumped in Rs 19 billion worth of cash into the system over the last one month, …

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3 mins read

Demonetisation – dash to a cashless economy?

One of the most significant advantages of a digital economy would be the expansion of the direct an…

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8 mins read

The DeMo Effect: One Year and Counting

While the jury is still out on the good, bad and the ugly sides of demonetisation, we can all agree…

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4 mins read

RBI’s annual report paints a cloudy picture of what’s next for the Indian economy

On the one hand, the report states that the Indian economy is set to unlock its growth potential…

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2 mins read

Demonetisation led to slow GDP growth, says Fitch

The agency also warned that if the decline in investment continues at this rate, the growth pot…

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1 min read

BMI Research pegs India’s GDP growth at 6.9% this fiscal

The report estimates India's growth to pick up after the impact of 2016 November’s demonetisati…

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1 min read

S&P Global Ratings hopeful of economic growth coming back to pre-demonetisation levels

"India's effects from demonetisation are fading and a return to the growth path prevailing before t…

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2 mins read

6 reasons why RBI’s Urjit Patel kept the repo rate unchanged, changed stance to ‘neutral’

The FY17 GVA seen at 6.9% with risks evenly balanced and the FY18 GVA is seen at 7.4% with risks ev…

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1 min read

You may need to show PAN card for small transactions too. Here are the details

This comes as an move by the government to tighten the noose around people who deal in large cash t…

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1 min read

Demonetisation led to shrinking of bank credit by whopping Rs 61,000 crore

However, the cash ban scheme brought cheers too as the borrowers, including some default accounts, …

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1 min read

Cheaper fuel, discounted train tickets: Key benefits by Modi government if you pay online or use e-wallets

- Insurance bought online from customer portal of public sector companies will get 8% discount for …

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3 mins read

A new billionaire in India’s top 50⁠ and 10 new startups that have demonetisation to thank

Three years ago, Prime Minister Narendra Modi in an evening address shocked the nation by banning ₹…

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2 mins read

India’s consumer confidence has taken two years to recover from demonetisation

In fact, the overall score on the future expectations index, which measures respondents’ optimis…

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1 min read

Demonetisation beneficial for banks but will impact GDP: Moody's

The move will have credit implications for every sector of the economy as the decline in economic a…

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1 min read

Demonetisation is going to hit cash-intensive sectors hard

However, retail inflation target of five percent for the fourth quarter of the fiscal and the mediu…

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2 mins read

Demonetisation has even left India Inc. divided on PM Modi's biggest-ever economic gamble

The decision to scrap 86 per cent of the currency in circulation in the then second largest emergin…