new currency

An immediate fallout of the demonetization of high value notes would be a mushrooming growth of non-bank entities like Paytm and Freecharge into the payment business, industry chamber Assocham said on Sunday citing a study. "One immediate fallout of the...

Bengal's sweet tooth is set to turn bitter as makers of the popular rosogolla (rasgulla) and sandesh have been left battered by the Central Government's decision to ban Rs 500 and Rs 1,000 currency notes in a bid to...

The daily sales of hawkers has come down by 70-80 per cent after demonetisation of high-value currency notes, their union said on Friday. "There are about 4 to 4.5 crore hawkers in India. Their daily business (sales) has been down...

The shining jewels, elegant carpets, delectable dry fruits and other authentic Afghani attractions at the ongoing India International Trade Fair (IITF) fail to find their worth, thanks to the cash crunch that has set in after the demonetisation move. Afghani...

For the past two days, traders at wholesale markets here have not been buying some perishables like grapes, oranges, pomegranate and radish from farmers, fearing losses due to a slowdown in trade after the demonetisation of Rs 500 and...

Assuring the Prime Minister Mr Narendra Modi of India Inc’s full support in the fight against black money and corruption, the Assocham today said though the short – term hardship would lead to long-term cleaning up of the economy,...

Bata India Limited has come out with a slew of initiatives to help customers deal with the cash crunch they are facing due to the demonetization drive. The company has extended its payment options by accepting Paytm and Freecharge...

Owing to the demonetization drive by the Union government, corporate profits for the third quarter will be adversely impacted with sectors such as automobile, FMCG, retail, consumer durables expected to be hit, says a report. Read: Demonetization is inflection point for...

India’s largest mobile payments and commerce platform, Paytm has recorded an unprecedented surge in transactions at offline retail stores across the country. Owing to the recent demonetization of Rs. 500 and Rs. 1000 notes, the company has registered over...

E-commerce majors Flipkart, Snapdeal and Amazon have resumed the cash-on-delivery option for orders on their websites and apps after disabling it temporarily post the Government’s decision to demonetize Rs 500 and Rs 1,000 denomination notes. While Amazon India had brought...