You won’t get this opportunity again”
The Modi government is set to present an interim budget in the first week of February.
Demonetisation caused a shrinkage in currency, but a growing GDP could require more currency in the system.
There is a clear consumer demand slowdown as there is a reduction in registrations across the segments.
The company will use the funds to buy and turn around stressed assets
India watchers are waiting to see if Modi will betray convention and announce tax concessions to win votes.
Lenders are said to seek 35 billion rupee infusion from owners
On 16 January 1978, the Janata Party-led government demonetised Rs 1,000, Rs 5,000 and Rs 10,000 banknotes to weed out black money.
Under a new governor Shaktikanta Das, the RBI is likely to prepare markets for an interest rate cut, say economists. Central banks enter the new...
Data released by government shows rural health inflation was at 10.14 per cent in December 2018, more than double since September 2018.