Demonetisation

/Tag: Demonetisation

Demonetisation has shaken up the shadow economy

2020-08-20T07:11:39+00:00August 31st, 2018|India Inc News|

The efficacy of the Indian government's move to demonetise bank notes in November 2016 must also be judged by its positive impact on the global supply chain, writes India Inc. Founder & CEO Manoj Ladwa. It’s a tale of two reports, each of which tells a different story. But the media has, for reasons of their own, chosen to focus on one and not so much on the other. A few days ago, the Reserve Bank of India (RBI) announced [...]

Understanding India’s new ideological tilt

2018-07-26T13:02:49+00:00July 5th, 2018|2017/2018, Home Page, Putting it in context, Special Edition - June 2018|

It is four years since India’s Prime Minister, Narendra Modi, came to power in New Delhi in an election whose categorical outcome came as a shock to most India-watchers. Having grown accustomed to fragile and sometimes inchoate coalition governments since 1989, it was assumed that strong leadership and political stability had bypassed India permanently. It is not that P.V. Narasimha Rao (1991-96), Atal Behari Vajpayee (1998-2004) and Manmohan Singh (2004-14) lacked either vision or political sagacity. However, the conflicting pulls [...]

Digital India: A landmark year for digitisation

2020-03-24T07:04:48+00:00January 22nd, 2018|2018/2017, Digital India, India Investment Journal January Edition, Year|

Giant strides have been made in digitising the Indian economy and improving internet penetration, but more conviction is required to get Smart Cities off the block. The year 2017 was a landmark year for digitisation of the economy in India. Following the demonetisation exercise of November 8, 2016, when 86 percent of liquidity in the system present in the form of Rs 500 and Rs 2000 currency notes, was sucked out in one stroke, the usage of digital modes of [...]

A year of wholesale clean-ups

2020-03-06T13:03:45+00:00December 20th, 2017|2017/2018, Cover Story, December 2017, Year|

As 2017 draws to a close, we look at a number of steps taken by the Narendra Modi government to clean up processes and lay out a roadmap for faster growth. It is never a wise thing to look back upon, and label a year when there’s still half a month to go for the New Year. Having got that caveat aside, it would be fair to call 2017 the year of clean-ups – when the Narendra Modi government decided [...]

The changing face of Indian real estate

2018-08-20T11:33:10+00:00November 29th, 2017|2018/2017, India Investment Journal November Edition, Other Highlights, Year|

India Inc. property expert analyses the pattern shifts in the Indian real estate sector due to changing laws and market trends. If one were to think that the pain in the Indian real estate industry is a matter that started in 2016 due to demonetisation and was made worse in 2017 due to the implementation of the Goods and Services Tax (GST) and Real Estate Regulation Act, one would like to consider the fundamental changes in the IT, telecom and [...]

Financial Reforms in India – A New Era

2018-05-28T12:12:20+00:00October 27th, 2017|2017/2018, October 2017, SECTOR FOCUS/Finance, Year|

A financial expert delves into how reforms in the sector are set to transform the Indian economy. The last few years have been a seminal period for the Indian economy, not only in terms of the overall progress on the macroeconomic front, but more importantly in the structural reforms undertaken, many of which will have deep-rooted, long-term effects. Be it the Insolvency & Bankruptcy Code (IBC), Demonetisation or Goods and Services Tax (GST), each of these reforms has targeted a [...]

Banking the unbanked is India’s big success story

2018-08-01T12:50:35+00:00October 27th, 2017|2017/2018, October 2017, SECTOR FOCUS/Finance, Year|

Arundhati Bhattacharya is the first woman to chair the State Bank of India (SBI), India’s largest state-owned bank. Just before her retirement in early October, she took time out for ‘India Global Business’ during a visit to the UK to delve into Indian banking reforms and the promise of measures like demonetisation and Goods & Services Tax (GST) having a positive impact on the economy in the long term. What does the new SBI bond index series launched in the UK [...]

Growth rate dip a temporary blip for India

2018-12-31T12:03:34+00:00September 25th, 2017|2018/2017, India Investment Journal September Edition, Last Word, Year|

Ignore the doom mongers, India will return to the high growth path by winter. There’s an old truism about India which holds that for everything that is true about this country, the exact opposite is also correct. This is true for the Indian economy as well. The country’s foreign exchange reserves recently crossed the $400-billion mark, making India the world’s sixth-largest holder of forex, ahead of the Euro zone, Brazil and Taiwan. The Indian rupee, which had fallen to a [...]

India’s brand equity is at all-time high

2018-12-31T12:22:12+00:00July 20th, 2017|2018/2017, Flagship Scheme, India Investment Journal July Edition, Year|

Rana Kapoor, the CEO of Yes Bank, talks ‘India Investment Journal’ through his company’s recent tie-up with Santander UK, the impact of demonetisation and the gains in store for the banking sector with GST. What is the thinking behind the tie-up with Santander UK? The UK-India corridor is a high priority corridor for us. The fact is that India is the fastest growing economy in the world today and quite naturally the opportunities between India and the UK are getting [...]

Indian Budget 2017 a boost for affordable housing

2018-12-03T12:51:18+00:00March 15th, 2017|2018/2017, India Investment Journal March Edition, Policy India, Year|

India Inc. property expert unravels the Indian government’s recent Budget for 2017-18 and its impact on the country’s real estate market. The central theme of the 2017 Budget in early February seems to be towards creating cash flow and consumption from the bottom of the pyramid. This would then flow upwards to more robust and long-term capital formation at the hands of the development companies. The same trend is observed in the changes to the real estate rules in the [...]