Post-demonetization study by Velocity MR observes that 74 percent of the Metro population sees today’s increased cashless transactions as a direct result of the demonetization policy.
India has remarkably improved in ease of doing business, reported World Bank in its ease of doing business 2020 survey.
With the global economy in a synchronised slowdown amid growth forecast for 2019 to 3 per cent — its slowest pace since the 2008 global financial crisis — the International Monetary Fund (IMF) has urged policymakers must undo the trade barriers put in place with durable agreements, rein in geopolitical tensions and reduce domestic policy uncertainty.
The world organisation is facing the worst cash crisis in nearly a decade and it might not be able to pay the salaries to its officials next month, said the Secretary-General Antonio Guterres.
The Group of 20 (G20) has the responsibility to navigate global policy coordination in effective fashion by identifying and taking strong measures for building buffers and catalysing the second wave of reforms, Finance Minister Nirmala Sitharaman has said.
Shares of Tata Motors rallied by over 13 per cent and those of Motherson Sumi Systems gained by 9.3 per cent after Britain and the European Union (EU) agreed on a new Brexit deal.
Finance Minister Sitharaman’s husband Parakala Prabhakar has said that the government is in denial mode about the economic slowdown.
IRCTC, the online ticketing, tourism and the catering arm of railways, made a starlike debut on October 14, by listing at Rs 644 on the BSE, marking a 101% premium to its issue price of Rs 320 per share.
5,87,21,477 returns were checked against consistency rules and 5,87,13,458 returns meeting the consistency rules were used for statistical analysis, stated the CBDT. 5,52,60,219 ITRs were in the individual category.
A report by the World Economic Forum (WEF) says that Pakistan has slipped three places and now ranks 110th among 141 countries on the international organisation’s annual Global Competitiveness Index (GCI).