Real Life Problems

The real sector has already undergone a "time correction", wherein prices have remained stagnant for years together. Since 2013, real estate price inflation has matched the pace of general retail inflation – which is mostly in single digits.

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A full percentage point downgrade against earlier estimate of 7.6%; FY18 outlook slashed to 7.2%.

Impacts of Demonetization in India: 1)Black Money Black money stored in the form of Rs 500 and Rs 1000 notes will be taken out of our system.

India's series of planned reforms and strong macro environment will see the country become one of Asia's standout performers this year.

SUPPOSE that one day the government of a large and fast-growing economy became convinced that its highest priority was to purge the country of black-economy millionaires hoarding piles of illicit cash. Seeking popular approval, it sent the printing presses into overdrive, hoping to inflate away the value of these secret piles of wealth.

In the weeks following demonetisation, the tourism industry in Goa has been hit badly with both local and foreign tourists leaving early after being inconvenienced by the note ban.

India is now over a month into its 'earth-shattering' demonetization initiative. How's it really going?

The demonetisation effort being led by PM Modi in India is that idea that Rs 500 and Rs 1,000 notes should be declared no longer legal tender, to be replaced by other notes of different designs and in one case, denominations.

Prime Minster Narendra Modi's decision to scrap high value notes of Rs 500 and Rs 1,000 has created a shortage of cash in the system, leading to a lot of discomfort for the general public and businesses.