CAG to audit fallout of demonetisation

CAG Shashi Kant Sharma NEW DELHI: The Comptroller and Auditor General of India (CAG) plans to audit the impact of note ban and the affect it has had on government tax revenues, said CAG…

Pay more for cash services at Axis, HDFC banks

CHENNAI: Customers of private lenders HDFC Bank and Axis Bank will have to shell out more for cash transactions beyond free limits from March 1. Other than senior citizens and children, HDFC Bank customers…

OECD backs demonetisation, projects FY17 GDP growth at 7%

The Organisation of Economic Cooperation and Development (OECD) has supported India’s demonetisation drive, asserting that immediate impact of the move on Indian economy will be transient. The Organisation of Economic Cooperation and Development (OECD)…