'Demonetisation may have been well-intentioned, but it was a major mistake. The government should reverse it. It could at least declare that Rs 500 notes, which many poorer people frequently use, are legal again,' Basu, who till recently was World Bank vice-president, wrote in an opinion piece in The New York Times.
The study says the entire supply chain of goods and services will suffer a massive liquidity shock.
Lenovo, Xiaomi, Vivo, Gionee lead the onslaught, beating Indian and global brands with smart deals and astute image management measures.
'Because of the government's step, the people are now going to splurge on consumption.' 'If you ask me, would growth be 8% for 2017-2018, I would say 7.5% because of the demonetisation move would not be very significant.'
Information gathered from a person's social media account will be matched with his or her declared income.
Sale of iPhones hits the bottom; firms to postpone new launches; shipment might fall short of 2016 target.
Dabur gets nearly a third of its Rs 2,900-crore international sales from Africa
While the government's demonetisation move is aimed at curbing under-invoicing, the worry was that retailers would de-stock in the short term, impacting sales.
Significant portion of the funds used to fuel urban demand have become illegal and inoperative.
Talk of a blackout by other news channels in solidarity remained inconclusive because of the heavy news agenda on that day.
Fast-moving consumer goods companies have begun assessing the impact of the rate structure declared on Thursday under the goods and services tax.
Industry sources said all the iPhone 7 handsets shipped in had been sold out.
The festive season, which usually starts from September, is when 35 per cent annual sales get transacted for most durables firms.
A company executive said a recently opened museum at Rashtrapati Bhawan was the trigger for getting a restaurant in the complex as visitors come from far-flung places
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
Chief Economic Advisor Arvind Subramanian says that he hopes GDP growth will be at the upper end of the 7-7.5 per cent range.
The company will meet DGCA next week and is putting in place a strategy to contain the damage
The Niti Aayog is preparing 15-year vision document that will replace the Five-Year Plan from the next financial year
Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years
Plans a high-voltage relaunch of Note7, multi-media campaign before new iPhone launch
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