Demonetisation Effect On Market
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Cash circulation doubles from demonetisation low; hits record at over Rs 18 lakh crore
Business | June 11, 2018 11:28 ISTThe figures for both 'currency with the public' and 'currency in circulation' have also exceeded the levels seen before the government's demonetisation decision on November 8, 2016, that saw nearly 86 per cent of the currency in circulation at that time being invalidated overnight by scrapping the then Rs 500/1,000 banknotes.
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India's factory output rises 2.7 percent post demonetisation
March 11, 2017 7:06 ISTIndia's factory output post-demonetisation rose by 2.7 per cent in January, official data showed on Friday. The factory output, as per the Index of Industrial Production (IIP), had inched lower by (-)0.10 per cent
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56 pc merchants still do not accept digital payments: Survey
February 17, 2017 12:14 ISTAs much as 56 per cent of the merchants still do not accept digital payments because of the risks and cost of handling cash along with a fear of income loss after adopting digital payment
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