While retail sales at dealerships have suffered the full impact of demonetisation, the growth in wholesale volumes comes as dealers had relatively lower inventory after Diwali in October.
The Income Tax department has begun the process to examine bank deposits and transactions to check possible black money instances and said once the last opportunity to declare funds in old notes under the PMGKY scheme ends it will be very tough for hoarders.
The Supreme Court has allowed certified manufacturers to produce green crackers, but restricted their sale in Delhi-NCR without approval. The court has asked the Centre to review the ban on firecracker manufacturing in the region.
Akhilesh said cases of graft involving new currency notes are already making news in some parts of the country.
The latest move removes one of the key friction points for visitors, temporary liquor permits, while allowing licensed hotels and restaurants operational flexibility.
At least four militants belonging to a banned outfit were killed in an encounter with security forces in Manipur's Churachandpur district.
Bank of America Merrill Lynch on Monday trimmed India's economic growth estimates by 30 basis points to 7.1 per cent for the current fiscal, while global financial services giant Morgan Stanley downgraded its GDP growth forecast for the current fiscal to 7.3 per cent from the earlier 7.7 per cent.
The Securities and Exchange Board of India (Sebi) has barred Dewan Housing Finance Corporation Ltd's (DHFL) former promoters Kapil and Dheeraj Wadhawan for five years from the securities market for alleged diversion of funds. They have also been barred from holding any key position in a listed company.
Banks lend 60,000 cr in 8 weeks since Nov 8; Y-o-Y credit expansion slows further.
The Delhi High Court has stayed the release of the movie 'Udaipur Files' amid concerns that it could promote communal disharmony. The court has directed petitioners to approach the central government with their grievances, and the stay will remain in effect until the government decides on the matter.
If Patel had lived a few years more, he may or may not have become prime minister. But for sure, his presence would have kept Nehru in check, points out Harishchandra.
As the election nears, political positions on prohibition are shifting.
A thick layer of toxic smog enveloped the national capital on Saturday as air quality deteriorated sharply, prompting the Commission for Air Quality Management (CAQM) to invoke the strictest curbs under Stage IV of the Graded Response Action Plan (GRAP) across Delhi-NCR.
The NCDC has collected water and entomological drug samples from hospitals and other sites in Madhya Pradesh and Rajasthan where multiple children have died of kidney failure following alleged consumption of contaminated cough syrup.
Collection dived to 75-80% in November-December from 99% after demonetisation.
The Maharashtra Anti-Terrorism Squad (ATS) has questioned a teacher in Thane regarding his connection to a Pune-based software engineer arrested for alleged links with Al Qaeda and other banned outfits.
With winter holidays approaching, some Indian travellers will venture abroad. Many will be underprepared for medical and other travel-related risks. Trip disruptions, missed connections, and steep medical costs in developed countries can leave travellers exposed if they underestimate the coverage they need.
However, India is likely to regain the tag of the fastest growth emerging economies of the world in 2018.
With few exceptions, female fans have been banned from sports events in the Islamic republic since the 1979 revolution and FIFA faced calls for the men's team to be banned from the 2022 World Cup over the issue.
A 32-year-old woman from Haryana allegedly murdered three girls over the past two years, including her own son, because she developed "hatred for them due to their beauty." The chilling details were revealed after police cracked the case of a six-year-old girl's death.
The Supreme Court has kept in abeyance its previous verdict on the definition of the Aravalli hills and ranges and proposed a high-powered committee to examine the issue.
The Supreme Court has permitted the sale and bursting of green crackers in Delhi-NCR for Diwali, relaxing the ban on green firecrackers as a temporary measure from October 18 to 21. The court has asked pollution control boards to monitor pollution levels and file reports. The order also includes measures to prevent the sale of non-compliant crackers.
Pakistan has seen a surge in militant attacks, particularly in Khyber Pakhtunkhwa and Balochistan provinces, after the banned TTP called off its ceasefire with the government in November 2022 and vowed to target security forces, police, and law enforcement agencies.
About Rs 15 lakh crore of high-value notes were scrapped, against which RBI has managed to supply roughly Rs 4 lakh crore worth of notes in the market so far, Anup Roy/Business Standard reports from Mumbai.
A government doctor and his wife have been detained in Jammu and Kashmir for allegedly misusing their positions to mask unlawful activities, including radicalizing local women through social media.
Markets regulator Sebi will soon set up a working group to undertake a comprehensive review of short selling and the Securities Lending and Borrowing (SLB) frameworks, its chairman Tuhin Kanta Pandey said on Friday. The framework for short selling, introduced in 2007, has largely remained unchanged since its inception.
AIIMS-Delhi reports a rise in eye injuries caused by carbide guns during Diwali, prompting calls for a ban on these dangerous chemical firecrackers. Doctors report severe chemical burn-like injuries and highlight the need for stricter regulations and awareness.
The SC sought response of all the petitioners who have challenged demonetisation.
As many as 26 of 50 urban hubs across the country have shown a moderate upturn in housing prices between December 2016 and March 2017
Security forces in Manipur have arrested 10 militants belonging to various banned outfits.
In this special series, Dinesh Raheja explores prominent music duos, and the dynamics that went into the making, and the unmaking.
"A significant decline in the growth number for this quarter is highly likely, but for the fiscal year as a whole the decline may still be relatively moderate," Fitch Asia-Pacific Sovereigns Group Director Thomas Rookmaaker said.
The Maharashtra government informed the Bombay High Court that Faheem Ansari, acquitted in the 26/11 terror attack case, was denied a police clearance certificate due to ongoing suspicion of being a member of a banned terror organization. Ansari sought the certificate to operate an autorickshaw.
A professor from the School of Oriental and African Studies (SOAS) at the University of London was deported from India's IGI Airport for allegedly violating visa conditions. The scholar, Francesca Orsini, was reportedly on a 'Black List' for previous visa violations.
The sharp rise was also due to a statistical illusion -- low industrial numbers in November 2015, and sharp reversal of a 12-month declining trend in capital goods.
He claimed 50 per cent of the country's black money was going to BJP's coffers.
They've also asked to explain how the disclosure of the documents would impact the country's economic interests.
V-Mart, Manaksia, Whirlpool Global and few other companies posted better third-quarter results.
Of the people whose data the income tax department now has, email and SMS queries have been sent to 13 lakh people.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
