new currency

Gold and jewellery establishments in the national capital remained closed for the seventh day today after the Income Tax Department conducted surveys following reports of alleged profiteering and tax evasion by traders and other operators in reported conversion of...

Snapdeal-owned mobile transactions platform Freecharge today announced that its recently launched 'Wallet on Delivery' option has been used for 100,000 Snapdeal deliveries, within the first week of its launch. The company said that this might be the start of a...

India is a country which has population of 1.25 billion, approximately 660 million debit cards and 25 million credit cards. In theory, the country is almost ready to go cashless, but where it lacks is the point of sales...

The landmark move by the Modi Government to demonetize high-value currency notes to stamp out black money is expected to mark a short-time dent in the income of the restaurateurs. Many restaurant owners have accepted that they are already witnessing...

While shopping malls and markets across the country wore a deserted look on the sixth-day post demonetization of Rs 500 and Rs 1,000 notes, a few online sectors are rejoicing with massive gains - both in terms of orders...

Once bustling with customers, malls now appear relatively forlorn with outlets having few customers due to cash squeeze. The Modi Government’s decision to demonetize Rs 500 and Rs 1,000 currency notes has badly impacted the retail sector. However, mall...

The Government’s recent demonetization action has spurred the digital payments sector in a massive way with sellers reaching out to wallet companies in order to immediately sign up to start accepting digital payments. Owing to the surge in usage and...

In the wake of challenges being faced by masses in India due to demonetization, MobiKwik, has announced that users will be able to transfer money instantly to any bank account at 0 per cent fee. The move is expected...

As a consequence of demonatisation of high value currency by the Government, the commercial markets over the Country wore a gloomy and deserted look. Post November 8 both retail as well wholesale trade has been affected severely, said traders body...

RedSeer Consulting, a research and advisory firm focused on achieving excellence in the consumer internet market has said that e-tailing and food tech sectors are expected to bear the brunt of the Government's demonetization move in the near term. It said...