Demonetization

With a 'fairly profitable' year of 2016, the consumer durable industry is looking forward to maintaining the momentum by cashing in on GST, likely to be rolled out in 2017, and overcome the short-term issues thrown up by demonetisation. According...

Riding high on mergers and acquisitions, retail players made a strong comeback this year, taking online giants head-on in doling out deals and discounts, and the trend is likely to continue next year. However, the Government's surprise move to pull high...

The fast-moving consumer goods (FMCG) sector is expected to fully recover from the hit taken post-demonetization by the end of this fiscal, MD, Godrej Consumer Products Ltd (GCPL), Vivek Gambhir said on Wednesday. "We are pleasantly surprised by how things...

Demonetization has boosted the digital platforms for payment, which has helped National Payments Corporation's RuPay card usage at merchant terminals soar seven times since November 8, taking the daily volumes to over 2.1 million. According to a PTI report: The...

Union Minister Rajiv Pratap Rudy today said street food vendors across the country needed to be trained to undertake cashless transactions, as he interacted with them at the end of a national street food festival here. The Minister of State (Independent...

On November 8, Prime Minister Narendra Modi announced the replacement of 86 per cent of India’s cash by withdrawing large currency notes - Rs 500 and Rs 1,000 - as a part of legal tender in India. Demonetization was...

E-commerce major Snapdeal has recently announced the launch of 'Cash@Home' service, which allows users to order cash and have it delivered at their doorstep for a nominal charge of Rs 1. The company said that the service is a goodwill...

Titan has taken a five per cent hit in sales of its watches and accessories following demonetization of high-value currencies but is taking initiatives to hopefully recover the lost ground by March-end, a senior company official said. Titan Watches and...

FreeCharge, India’s fastest growing digital payments platform, has recently tied-up with Gautam Budh Nagar Zila Chemists Association, which will see nearly 2000 pharmacies in Noida and Greater Noida start accepting FreeCharge wallet. Nearly 100 pharmacies have already gone live in...

To aid patrons, who are not able purchase their favourite Sabhyata apparel, owing to demonetization can now effortlessly make payments through their Paytm account. According to a ANI report: Sabhyata is known for its customer-centric approach and such a profound...