Monthly Archive:: December 2016

India’s Q2 GDP grows; cash crunch clouds outlook

India’s economy witnessed a marginal acceleration in the second quarter of FY 2016-17, upholding its ranking as the world’s fastest-growing economy. But Asia’s third biggest economy may not be able to retain that title for long as

Will demonetisation accelerate shift to digital financial economy?

The Modi Government’s bold gamble with note-bandi hasn’t been painless for most people and whether the benefits will outweigh the costs is a debatable issue now.   While the government’s demonetization drive is likely to negatively impact

Demonetisation hits India’s mfg growth

India’s factory activity continued to expand in November, albeit at a slower pace, amid withdrawal of high-value bank notes in India as cash crunch slowed down domestic consumption, production of goods and new orders. According to a