Consumers will thank the Modi government for this simple yet revolutionary move, which is long overdue, says Debashis Basu.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
Syed Firdaus Ashraf goes to the bank to withdraw cash, a day after high denomination notes were withdrawn, and encounters a veritable battlefield.
Modi said there was a time when families would celebrate getting gas connections as if they have got home a Mercedes.
With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?
United Spirits had a tough time in recent past due to management related issues. Going ahead, corporate governance is a big challenge, say experts.
Physical advisors have been receiving tough competition from algorithm-based investment counselling and robo-advisories.
Dahiya's first internet-based venture to sell insurance failed, but he was convinced digital was the future
This lawsuit will have no bearing on its fund-raising exercise as a deal is already in final stages
As Narendra Modi and his ministers vigorously campaign for a shift to a cashless society, Rediff.com's Syed Firdaus Ashraf reports on what is really happening on the ground.
OVL, along with Oil India Ltd, had in June agreed to buy Videocon Group's 10 per cent in the same block for $2.48 billion.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
While demonetisation will benefit the organised sector, the government has to find a way to channel the upcoming revenue buoyancy towards job creation to balance out job losses in the informal sector, says Akash Prakash.
The customs duty from gold imports could be approximately Rs 8,000 crore, about less than half of what was collected a year ago.
Firm makes disclosures of improper transactions worth Rs 1,225.3 crore with entities linked to beleaguered businessman
Tax Guru Anil Rego answers your personal income tax queries.
The political row over the Rafale deal intensified on Tuesday with the Congress and Bharatiya Janata Party trading barbs over it.
The convertibility is RBI Governor's 'next big ambitious goal'.
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
Sanofi India is seeking approval of the shareholders for perpetuity.
USL claims it has given a report on how the liquor baron channelled money from the company to Kingfisher Airlines, Force India and Watson.
Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The board will first need to unpack IL&FS - it has 169 group companies with 24 direct subsidiaries, 135 indirect subsidiaries, six joint ventures and four associate companies, says Amit Tondon.
NRIs are increasingly buying properties in India online.
There are already some signs of stress in this market.
He said his party wants to eradicate corruption and if "Modiji takes any step against the menace, the Congress party will lend its hundred per cent support".
Declaring demonetisation a complete failure may turn out to be hasty, argues economist Ashok K Lahiri.
Against estimates of black wealth of Rs 300 lakh crore and black money in cash of Rs 3 lakh crore by economist Arun Kumar, the PMGKY numbers fall short by a huge margin.
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
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The broader markets traded positively with mid-caps and small-caps rising 0.5 per cent each on the BSE.
'The fact that you did not receive the rent through a bank will not take away the taxability of the rent in your hands.'
RBI might not cut rate on June 2 but will surely cut soon.
Political funding of elections has led to the rise in black money in the economy.
Next time you swipe, ask yourself, do you really need it or do you just want it?
The longer a bear market lasts, the more the eventual returns are, says Devangshu Datta.
Exemptions, and the fact that farm income is outside the tax net, ensure that India's tax-GDP ratio stays low.
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