DBS sees more policy fine-tuning from govt in weeks ahead
The index of industrial production for August -- due this week -- is poised to extend gains from July's 1.2 percent, said DBS in its daily economic report on Monday.
Oct 09, 2017, 13:06 PM IST
'Recovery in growth ahead; policy rates to be on hold in June'
According to Japanese financial services major Nomura, demonetisation effect is expected to slow GDP growth to 7.2 percent in the January-March quarter of this year (from a revised 7.6 percent in October-December 2016).
May 30, 2017, 13:45 PM IST
FY17 GDP growth likely to be revised to 7.6%: SBI Research
India's GDP numbers for the fiscal 2015-16 and 2016-17 are expected to be revised to 8.3 percent and 7.6 percent, respectively, because of new IIP and GDP series, says a report.
May 29, 2017, 15:18 PM IST
Icra expects gradual pick up in GDP growth in Q4FY17 to 7.1%
Domestic ratings agency Icra on Thursday said it expects GDP growth to rise marginally to 7.1 percent for the fourth quarter on a gradual remonetisation, up from the preceding quarter's 7 percent.
May 25, 2017, 18:00 PM IST
Remonetisation to expand tax base, says FM Jaitley
Finance Minister Arun Jaitley on Monday said remonetisation, following the world's largest note ban, has been substantially completed and the move will result in expansion of the tax base in the country.
May 08, 2017, 13:27 PM IST
Remonetisation has not solved currency shortage: Kerala FM T M Thomas Isaac
Kerala government today said the remonetisation process of the Centre has not resolved the currency shortage felt in the state and demanded that the union government correct its policy.
May 02, 2017, 14:20 PM IST
India's GDP growth may slip to 6.7% in March quarter: Nomura
India's GDP growth is likely to decelerate to 6.7 percent in March quarter but it will gradually recover to around 7.7 percent in 2018 supported by higher consumption and public spending, says a report.
Apr 13, 2017, 12:49 PM IST
Accelerated remonetisation to spur consumer spending: RBI
The Reserve Bank today said accelerated pace of remonetisation will spur consumer spending over the next several quarters pushing growth.
Apr 06, 2017, 22:32 PM IST
NBFC cash loan against gold restricted to Rs 25,000
Non-Banking Finance Companies (NBFCs) cannot lend more than Rs 25,000 in cash against gold, the Reserve Bank said Thursday.
Mar 09, 2017, 19:46 PM IST
Demonetisation impact on GDP may be seen this quarter; remonetisation should be completed in 2-3 months: RBI
Demonetisation impact on GDP may be seen in the current quarter in some segments, while the remonetisation excersise should be completed in 2-3 months, RBI Deputy Governor Viral V Acharya said on Monday.
Mar 06, 2017, 20:53 PM IST
Possession of more than 10 junked Rs 500 and Rs 1,000 notes will now attract fine
Holding of more than 10 notes of the junked Rs 500 and Rs 1,000 currency is now illegal, with a new law coming into effect after the President's assent.
Mar 01, 2017, 16:51 PM IST
Cash withdrawal limit for savings accounts increased to Rs 50,000 from Rs 24,000 per week
The remonetisation excercise is taking place fast as part of government's plan subsequent to the withdrawal of the specified bank notes of Rs 5,00 and Rs 1,000 from circulation on Novemenr 8, 2016.
Feb 20, 2017, 11:27 AM IST
It's important one grows a thick skin fast, says RBI Guv Urjit Patel
Unfazed by criticism of the way the note ban was handled, RBI Governor Urjit Patel on Friday said the central bank has grown a thick skin fast doing its job and stressed that the economy will make a "sharp V" recovery after a short drop.
Feb 17, 2017, 15:46 PM IST
Cash position in economy may not be enough till March: Nomura
The impact of demonetisation is still visible and cash levels in the economy are not expected to be sufficient until March, which may keep trade volumes depressed for the next two months, says a Nomura report.
Feb 17, 2017, 13:44 PM IST
Remonetisation: There is no shortage of currency, says FM Jaitley
There is no currency shortage in the country as printing presses of RBI, SPMCIL have ensured normalcy within a few weeks of demonetisation, Finance Minister Arun Jaitley said on Friday.
Feb 17, 2017, 11:24 AM IST
Remonetisation: RBI closely monitoring cash position on a daily basis, says FM Jaitley
Finance Minister Arun Jaitley on Thursday said that situation is normal as far as remonetisation is concerned.
Feb 16, 2017, 15:30 PM IST
RBI to soon take call on lifting weekly withdrawal limit from savings A/c
Shaktikanta Das has said that the remonetisation exercise is nearly complete.
Feb 03, 2017, 13:31 PM IST
No limits on cash withdrawals through ATMs, current a/cs from today
In a big relief to people and small businesses, RBI has announced lifting of restrictions on daily withdrawal of money from ATMs and from current accounts from Wednesday but the weekly limit of Rs 24,000 on savings bank accounts will continue.
Feb 01, 2017, 09:24 AM IST
Economic Survey 2017: Remonetisation to revive economic growth, says CEA
Confident of economic recovery post demonetisation, Chief Economic Adviser Arvind Subramanian on Tuesday said remonetisation will be completed in a month or two and growth will pick up once the process is over.
Jan 31, 2017, 18:19 PM IST
No ATM withdrawal limit from February 1, cap on savings accounts to continue
In a big relief to people and small businesses, RBI on Monday announced lifting of restrictions on daily withdrawal of money from ATMs and from current accounts but the weekly limit of Rs 24,000 on savings bank accounts will continue.
Jan 30, 2017, 17:20 PM IST
