Even if the government didn't plan for demonetisation properly, it could have taken steps on a war footing later to ensure the situation improves.
Little attention is paid to the management of currencies and coins in India.
The demonetisation camp remains devided, while some feel the exercise is a total flop, others feel the government should be given some more time
The discount will be by way of cash back which will be credited to the buyer's account in three days from the transaction
Modi said he saw the election results, particularly in Uttar Pradesh, as the "foundation of the new India".
IRDA suggested that health insurance should cover alternative treatments.
A day ahead of the nationwide protests planned by the opposition against demonetisation, Prime Minister Narendra Modi defended the move and warned unscrupulous people using the Jan Dhan accounts of the poor to launder their black money of strict action.
Congress leader Rahul Gandhi alleged that Modi's move was aimed at helping a few of his 'crony capitalist friends' and had 'destroyed' the Indian economy, prompting a strong response from the BJP which said the exercise was an 'attack' on corruption and black money that were rampant during the 'lost decade' of the Congress-led United Progressive Alliance government.
The recent spate of rate reductions is among the sharpest in one shot since the cuts that followed the 2008 financial crisis
Ola Credit will give customers 7 days of credit so they can keep booking Ola cabs without worrying about having sufficient cash
In his tenth address to the nation, Prime Minister Narendra Modi spoke on a range of issues -- from the heroes of Kargil war to road safety.
Prime Minister Narendra Modi is addressing the nation for the seventh time from the ramparts of the Red Fort on Independence Day on Saturday and it will be his second speech of the second term in office.
Debit card use at POS terminals increasing at rapid clip, transactions at ATMs declining
Nilekani said new-age technology markets work on a winner-takes-all basis.
Bengaluru-based iKaaz Software, a mobile payment solution provider, is launching a new application, MOWA, that works almost like the Apple Pay
Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.
How many health insurance policies should you have? Should you have mediclaim policies at all if you do not have any medical problems? Which are the best health insurance policies available for you today in India? How can one claim money after hospitalisation if you do not have a cashless mediclaim facility? How and where can you lodge complaints against your mediclaim insurance company if you have a problem? Here are the answers.
General insurers in India have started campaigns highlighting the benefits of buying a student's travel insurance in India, as opposed to buying one offered by the university abroad, says Tinesh Bhasin.
IRDA's condition that treatment under AYUSH has to be at a government hospital or an institute recognised by the government makes insurance cover difficult.
Amit Jain tells Shyamal Majumdar about his dream to make Uber the 'safest place in the city'
Cash withdrawal limits likely to continue
Go cashless. Go clean, say I=T to people.
The last few months have been hard on digital wallets which had a short-lived dream run post-demonetisation.
Digital-pay companies see 10x growth spurt after demonetisation, report Ayan Pramanik & Shine Jacob/Business Standard from Bengaluru.
Well then, what did DeMo achieve? As predicted by most economists, the volume of transactions fell, economic activity was adversely impacted, and some sectors (which were more dependent on cash transactions) witnessed greater disruption than others, says Rahul Khullar.
Ridlr will become a wholly-owned subsidiary of ANI Technologies, which owns Ola brand. Ridlr's team of 64 employees will now become a part of Ola.
Under Aadhar, more than 1 billion people have their online identity.
It's time we dispensed with the paper trail and shifted all labour law paper, workflows and permissions online.
Branch networks will give preference to pensioners and labourers for withdrawing money.
Insurers say they will have to study the available data to work out by how much premiums will have to go up to be able to cover mental illnesses as well
UIDAI has asked police to investigate, it was not fully convinced about nature of the incident
'People are angry.' 'First notebandi, then GST, now losses on the farm have ruined us.'
All costs relating to room, boarding, nursing expenses, medical consultation including telemedicine, consumables such as PPE kits and intensive care unit will be covered under the policy. It will also include the cost of treatment for any other co-morbidities, including pre-existing comorbid conditions along with the treatment for Covid-19.
In a massive push for cashless transaction, State Bank of India, the country's largest bank, plans to increase the number of its ATMs by over three times to 25,000 in the next three years.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
In this year's budget, Finance Minister Nirmala Sitharaman hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.
Breaking from opposition ranks, the JD-U chief had supported the demonetisation move taken by the PM.
'Some of the policies NITI Aayog has taken, we feel lean towards the corporates.' 'In a democracy, when you are making a policy decision, you are expected to take the views of all the stakeholders.'
'Deep pockets have become a prerequisite for contesting elections on a major party symbol in most states.' 'Given the premium parties place on self-financing candidates, once you have accounted for the suspected criminals, dynasts, industrialists, and celebrities, there is not much room for anyone else.'
