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Latest Articles in Demonetisation

OECD Cuts India Growth To 7 Per Cent Due To Demonetisation, Says India A Star Performer

Paris-based think tank OECD on Tuesday cut India's growth forecast to 7 per cent for 2016-17 in view of demonetisation, but said the pace will accelerate to 7.3 per cent in the next fiscal

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India Can Grow At Higher Rate; Job Creation Plans Underway, Says FM Arun Jaitley

India has potential to grow faster and plans are underway to reduce poverty and create jobs in rural areas, Finance Minister Arun Jaitley has said, even as he ruled out the country becoming totally 'cashless' immediately

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Firms Fear Lingering Economic Aftershocks From Cash Crackdown

RBI has called the slowdown a transitory phenomenon and expects a sharp rebound in economic growth in the next fiscal year as cash conditions improve

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CSO To Unveil Q3 GDP Estimate With Note Ban Impact On Tuesday

The Central Statistics Office is due to unveil on Tuesday the revised advance estimate for GDP growth for 2016-17 after factoring in the note ban impact in the December quarter

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Digital Payment Can Check Black Money, Graft, Says PM Modi

Digital payment can check black money and play a key role in fighting graft, Prime Minister Narendra Modi said on Sunday as he asked the youth to become an "anti-corruption cadre" as part of the "cleanliness" drive

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Demonetisation A Disaster Of 2016: Chidambaram

On the objective of making India a cashless country, Chidambaram said India cannot become a cashless economy and and there was no reason to go for it

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Is Budget 2017-18 Unique For Banking Sector?

Thrust on digital economy requires banks to go for digitisation but the banking sector should not be clogged with unnecessary regulations

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India’s Q4 Economic Growth Seen Slowing To Near Three-year Low, Says Poll

India’s economy is expected to have slowed sharply to a near three-year low in the final three months of 2016, as demand wilted following Prime Minister Modi’s surprise decision to ban high-value currency notes

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India To Be Fastest Growing Economy Among G-20 Nations, Says Moody's

India will be the fastest growing economy among G-20 countries clocking a 7.1 per cent growth in 2017, Moody's Investors Service has said

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Note Ban Impact On Loan, Deposit Growth Significant, Says Moody's

Demonetisation has significantly impacted credit demand and deposit growth of banks but had a mixed effect on asset quality in the third quarter of current fiscal, Moody's Investors Service said

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SBI Examining Notes At ATMs After Fake Currency Report

A man got four notes of Rs 2,000 which had "Churan label" written on them in place of the official watermark

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India's GDP Projected To Slow To 6.6 Per Cent Post-demonetisation, Predicts IMF

India's growth is projected to slow to 6.6 per cent in 2016-17 fiscal due to the strains that have emerged in the economy as a result of "temporary disruptions" caused by demonetisation, the IMF said

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Economy To Pick Up In Q4 Due To Faster Remonetisation: Patel

Patel further said that limited data available on the corporate sector performance in the third quarter suggests that sales growth may have improved relative to the previous quarter

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