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Latest Articles in Demonetisation

Government-backed Rivals Force India's E-payment Companies To Step Up

Electronic payment firms got a big boost when India abolished most of the country's banknotes last year, but rival state-sponsored e-payment services are forcing them to raise their game to hang on to their new customers

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India Inc. Pulls Through

Recovery in distressed sectors such as banks and oil depict a much better picture of India Inc.

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Economy To Grow 7.1 Per Cent In FY17, December Quarter GDP Surprising, Says Fitch

Global rating agency Fitch on Tuesday said Indian economy will grow by 7.1 per cent in the current fiscal before stepping up to 7.7 per cent in the next two financial years

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Note Ban Impact On GDP May Be Seen This Quarter: RBI

The RBI has set a deadline of March 2017 for completion of asset quality review for the public sector banks

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Overseas Investors Excited About India, Says Jayant Sinha

Foreign investors are excited about India as structural reforms and investments are giving overall growth a leg-up, Union Minister Jayant Sinha said on Monday

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In Varanasi, Is It Modi Vs The Rest?

Business owners in Uttar Pradesh may have suffered in Modi's demonetisation drive, but they still support a BJP rule

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Operation Clean Money: Government To Issue Notice To Non-respondents On Bank Deposit

Keeping up the heat, the income tax department will issue statutory notices to all those who have failed to respond to its SMS and e-mail queries seeking explanation on bank deposits made after demonetisation

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Services Activity Grows For First Time In Four Months As Demand Slowly Recovers

India's dominant services industry returned to growth in February for the first time in four months as demand slowly recovers after the government's cash crackdown late last year, a private business survey showed on Friday

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Auto Industry Lost Rs 8,000 Crore In Demonetisation: Pawan Goenka

'The effect was deeper than we had thought and the recovery is also quicker than we thought and I believe that by end of March we would be through'

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Cash Ban: Auto, Tractor Companies Suffer Rs 8,000-crore Revenue Loss

The Indian automobile and tractor sectors suffered a revenue loss of Rs 8,000 crore in November and December due to demonetisation, according to Mahindra & Mahindra Managing Director Pawan Goenka

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Private Sector Banks To Charge You Rs 150 After Four Free Transactions Over The Counter

Some banks, including HDFC Bank, have begun charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month

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Auto Companies Ride Out Cash Ban Blues, Sales Gather Steam

Major automobile makers Maruti, Ford, Toyota, Tata Motors and Honda on Wednesday reported strong domestic passenger vehicles sales growth for February as the industry continued to recover from the demonetisation impact

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Freight And Fridge Sales: Indian Economists Seek GDP Clues Amid Data Doubts

Surprised again by India's strong official growth statistics, economists are relying increasingly on high-frequency indicators like bank credit and rail freight to gauge the real health of Asia's third-largest economy

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HDFC Bank, ICICI, Axis Resume Levy On Cash Transactions

The banks have started charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month

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Carmakers Report Better Sales After Demonetisation Hit

Toyota Kirloskar Motor reported an 11.93 per cent growth in domestic sales at 11,543 units in February

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