Demonetization

Demonetization will leave a negative impact on small and medium enterprises (SMEs), rural consumption and job creation while the large organised sectors stand to benefit in the long term, industry chamber Assocham said on Sunday. "Demonetization of high value currency...

Since the turn of the century, Bhiwandi -- once called the Manchester of Asia -- has wilted against competition from Bangladesh and Vietnam. Bhiwandi holds more than a sixth of India's 6.5 million power looms -- machines that manufacture...

Union Minister for Consumer Affairs, Food and Public Distribution Ram Vilas Paswan on Thursday said the shift towards digitization will help improve the efficiency of procurement, storage and distribution of food grain. "The shift towards digital payments is an immense...

An interesting dichotomy in consumer spending space has emerged for this year as a result of demonetization where a shift from unorganised to organised trade will be confronted by a weak macro-environment, says a top investment banker. This apart, consumer...

The jewellery industry, which suffered and saw about 80 per cent drop in demand following the demonetization, is slowly recovering, although it may take over a year for things to become normal, market experts said. "After Prime Minister Narendra Modi...

Post demonetization, the card based transactions has risen up to 90 per cent of total sales in third quarter of 2016-17, India Ratings and Research (Ind- Ra) said. "Contrary to the popular belief, organised fashion retailers (departmental stores) have bucked...

India's demonetization decision is likely to affect gold demand in the short term, a World Gold Council (WGC) outlook report released on Friday stated. "In India, the Government's decision to remove large denomination rupee notes took around 86 per cent...

Conventionally, shopping for weddings happen to be quite tedious and exhausting, wandering from market to market in search of buying the perfect things for your wedding. However, lately, fast paced lives, and demanding consumers insist they be provided all...

India's factory output rose 5.7 per cent in November, the first month of the Government's demonetization drive, while retail inflation declined to 3.41 per cent in December from 3.63 per cent in the month before, official data showed on...

In the aftermath of the new initiatives by Government – demonetizing the Rs. 500, 1,000 notes – to flush out black money from the economy and check funding of terror activities and other evils, the much awaited achhey din...