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Cash shortages caused by the demonetisation of large denomination currency notes have affected the income of many borrowers by holding back economic activity and reduced their short-term repayment abilities.

Bank asset quality recovery to get delayed

The delay takes place due to cash shortage having "disruptive impact" on India economy.

31 Jan 2017 12:34 PM IST

Money laundering by the medium of gold purchase/sell has seen a huge boost post demonetisation. (Photo: PTI/Representational)

Gold futures spurt Rs 78 on global cues

Gold is trading at Rs 28,585 per ten grams.

31 Jan 2017 11:07 AM IST

Union Finance Minister Arun Jaitley. (Photo: Twitter/ANI)

Economic Survey 2017 may recommend UBI

Survey is also expected to lower GDP growth estimate to 6.5 per cent for 2016-17, reports BloombergQuint.

31 Jan 2017 10:58 AM IST

Bombay Stock Exchange

Sensex down 98 points; NIfty above 8,500

50-share NSE Nifty was trading lower by 36.75 points, or 0.43 per cent, at 8,596.

31 Jan 2017 10:09 AM IST

Banks received 3 trillion rupees ($44.4 billion) of 500- and 1,000-rupee notes over the last four days.

Rupee up 11 paise against dollar in early trade

Rupee is trading at 67.84 against the dollar in early trade.

31 Jan 2017 9:45 AM IST

The dollar was up 0.1 per cent at 114.18 yen.

Tokyo stocks down by break on Trump concern

Japan's benchmark Nikkei 225 index was down 1.33 per cent, or 257.94 points, at 19,110.91 yen at the break.

31 Jan 2017 9:34 AM IST

Central bank now expects the worlds third-largest economy to expand 1.4 per cent in the year to March and 1.5 per cent over the following 12 months.

BoJ lifts growth forecasts on global outlook

Despite the more upbeat outlook, the bank kept its monetary-easing measures and inflation projections unchanged.

31 Jan 2017 9:16 AM IST

Karuvilla Chacko

Valmeeki to the rescue of vernacular writers

Valmeeki has over 400 writers, publishing their books in four different languages such as Malayalam, Kannada, Hindi and...

31 Jan 2017 5:13 AM IST

Maruti Suzuki India Ltd executive director (marketing and sales) R.S. Kalsi along with T. Hasimoto at the launch of the 200th Nexa showroom in Hyderabad. ASIAN AGE

Life cycle of car models is getting shorter: Kalsi

The car maker has recently launched an aspirational car model called Ignis for catering to the affluent customers.

31 Jan 2017 3:16 AM IST

The discussion to merge the two entities comes in the wake of the launch of low cost telecom operation by Reliance Jio.

Vodafone confirms talks about merger

Idea Cellular to merge with Vodafone's Indian arm.

31 Jan 2017 3:09 AM IST

Union Health minister Jagat Prakash Nadda (Photo: Screengrab)

Health ministry warns about shortage of cash

According to government officials ministry has sought more than $1.2 billion in additional money

30 Jan 2017 8:58 PM IST

Revenue for the quarter ended December 31, 2016 was Rs 504 crore as compared to Rs 521 crore in the same period last year.

Pfizer registers marginal improvement in net profit

Net profit rose to Rs 60.5 crore in the quarter ended December 2016 as against Rs 59.9 crore

30 Jan 2017 8:53 PM IST