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Due to the inability of unorganised players to cater to demand during demonetisation, organised players were able to aggressively push sales in the market.

Construction materials see 10 per cent hike in prices

Unorganised players to increase branding spend.

22 March 2017 3:18 AM IST

Old Rs 500 and Rs 1000 notes placed in an order that reads BAN in New Delhi. (Photo: PTI)

Note ban effects will be seen in coming months, says Congress

Congress MP Kapil Sibal said that it is only the BJP that has benefited from the note ban.

4 March 2017 3:54 AM IST

Pollyanna De Lima, economist at IHS Markit, and author of the report feels it is too early to conclude that expansion rates would climb to their trend levels in the near term.

Services register growth in February

The Nikkei Services PMI stood at 50.3 in February as compared to 48.7 in January.

4 March 2017 1:44 AM IST

Union Finance Minister Arun Jaitley addresses a Post-Budget press conference in New Delhi on Wendnesday. (Photo: PTI)

7 per cent GDP? Wait to see if it was fact or fiction

The success of the digital mode is evident in the soaring revenues of one payment firm and many others who were suddenly...

4 March 2017 5:22 AM IST

Finance Minister Arun Jaitley

Nepal will soon be able to exchange old Indian scrapped notes: Jaitley

Jaitley said necessary steps have been taken to facilitate the exchange of demonetised currency as per Nepal's request.

3 March 2017 8:43 PM IST

World Bank CEO Kristalina Georgieva.

World Bank CEO praises Modi's note ban drive

Kristalina Georgieva says initiative would leave 'profound' effect on India's economy and a lesson for other economies.

3 March 2017 2:35 PM IST

The entire racket was being run with an attempt to convert the black money in old notes into white. (Photo: PTI)

Rs 70,000 cr black money found since note ban: Justice Arijit Pasayat

Pasayat said the SIT made several recommendations in the past two years through its interim reports to check generation...

3 March 2017 11:29 AM IST

The Bengal Excise (Amendment) Bill, 2016, has merged sales tax and excise duty on liquor into one. (Representational Image)

13 per cent sales tax boost post demonetisation

The finance department, which was earlier apprehensive of meeting its target of Rs 90,985 crore, is now confident of...

3 March 2017 1:20 AM IST

Triple talaq has been distorted in India, and its far more important to ban this than use it as a wedge to encroach on Muslim personal laws. (Photo: PTI)

Will Muslim vote split help BJP to win UP?

Caste identity and in some contexts religious identity is shaping the choices of voters in UP.

3 March 2017 6:31 AM IST

Major segments including scooters, motorcycles and cars, witnessed record decline December sales.

Note ban: Auto, tractor sectors suffer Rs 8,000-cr loss

Monthly automobile sales growth in India had slipped to a 16-year-low in December.

2 March 2017 3:41 PM IST

Finance minister Arun Jaitley

Should not doubt CSO's integrity on GDP data: Jaitley

CSO in its data for macro-economic indicators fixed Q3 GDP at 7 per cent and 7.1 per cent for FY17.

2 March 2017 12:19 PM IST

Union finance minister Arun Jaitley speaks to the media after returning from his trip to UK in New Delhi. (Photo: PTI)

Arun Jaitley: GDP belies note ban rants

Demonetisation has helped in integration of cash-dominated informal sector to the economy.

2 March 2017 6:27 AM IST