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IMPACT OF DEMONETIZATION
India fallen way down list of nations deemed liberal democracies under Modi govt: SoniaSonia Gandhi, in her memoir, critiques the Modi government's impact on India's democratic institutions and social fabric. She highlights th...- World steps up to study India's cash ban while Modi looks awayThe Centre hasn’t assessed the impact of one of history’s most sweeping changes in currency policy.
- VIew: Demonetisation woes gone, but cash is back with a bangThe bad news though is cash is back with a bang this election season, dispelling the notion that demonetization has rid the economy of blac...
- Demo & GST: Empirical evidence shows MSMEs yet to recover from the twin economic measuresAfter studying the impact of GST and demonetisation on the MSME sector, it is clear they have been hit hard. The sector now awaits brighter...
- PM Narendra Modi's popularity endures despite economic strife from cash banThere’s no single reason for Modi’s popularity. While critics point to BJP's Hindu nationalist agenda for its success, others say note ban ...
- Night lights and train trips help India study impact of cash banAbout 90 percent of workers and 46 percent of output fall under the unorganized economy that isn’t fully captured by official data.
- Magma Fincorp posts Q4 loss of Rs 122 crore on bad loansThe company reported improvement in its net interest margin during current quarter to 7.6%.
- Post demonetisation, 90% Indian travellers book via debit/credit cards: Yatra.comAs an alternate solution to minimize the impact of demonetization on vacations over 80% Indians are opting to reduce the number of days to ...
- Remodel in India Summit looks at Fundamentals of Asset ReconstructionMumbai, January 24, 2017: Today, our country is at an inflection point. While the short-term impact of demonetization has led to the overal...
- Consumer loan demand is back and credit quality too is good: Transunion CibilAfter posting almost zero percent growth in November’16 ( year-on-year) demand or inquiries for consumer or retail loans went up to 25% in ...
- Bad loans from SMEs may surge in March quarterAccording to Crisil estimates, overall growth estimates for FY 2017, which were expected at 15-20% before demonetisation, are seen at 6-8%.
- Demonetisation created uncertainty about short and medium term outlook for economy: Moody’sThe report states that in November and early December 2016, implementation difficulties and uncertainty surrounding demonetization disrupte...
- CSO may have inadvertently exaggerated growth numbers due to informal sector data limitation: HSBC ResearchThe HSBC study does not rule out the fact that cancelled notes could still be used post demonetization.
- How government's growth projections beat market estimatesThe optimistic figures, much better than market expectation, has now prompted financial institutions to revise their growth estimates.
- Demonetisation had no impact on international travel, shows dataThe overall foreign travel (arrivals plus departures) in the Oct-Dec quarter, 2016, was 1.38 crore against 1.25 crore in the same quarter o...
- What Q3 numbers say about segmental performance of Kotak Mahindra BankThe SME segment or business banking division, in particular is weighing on total credit growth.
- Our bookings were down 30-40% in Nov, 25% in Dec: Weddingz.in Founder and CEOThe biggest issue with demonetization and wedding planning is payment to several vendor categories who do not have bank accounts or any oth...
- Demonetisation has zero impact on us: S Keshav Bhajanka, Director, Century PlyboardsIt is going to be very advantageous for us because now unorganised players are finding their working capital cycles being crunched and as s...
- Cash transactions in realty will be a thing of the past: Niranjan HiranandaniThe process of replacing the demonetized Rs 500 and Rs 1,000 notes needs to be quick, else we may witness major segments of the economy—if ...
- Demonetisation: United opposition corners Govt, Ministers praise PMSharma said Finance Minister Arun Jaitley had informed the House that counterfeit currency accounts for only .02% of the total money.
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