demonetisation effect

DNA: What changed in 6 years of demonetisation?

Tomorrow will complete 6 years since the decision of demonetisation came into force on 8th November 2016. When demonetisation was implemented, this decision was repeatedly questioned, it was made a narrative that it would ruin the country's economy, we would go back many decades but nothing like this happened. Demonetisation has given a new direction to the country's economy and to understand this one must watch this DNA report.

Nov 08, 2022, 00:08 AM IST

Demonetisation to pull down Q2 growth by 40 bps to 7.2%: Icra

Citing debilitating impact of the demonetisation drive on the economy, domestic rating agency Icra today forecast a 40 bps dip in growth rates to 7.2 per cent in the second quarter of the current fiscal.

Nov 21, 2016, 17:47 PM IST