Rs 60,000 is the new Rs 1 lakh in Uttar Pradesh real estate market. Read here

THE ECONOMIC TIMES Sat, Nov 19, 2016 | 01:22 PM IST Weekly News Platter

Side-effects of demonetisation: Dear PM Modi, it seems you missed these 8 consequences In the short-term though, the biggest crackdown on money laundering in India's history is having some unusual side-effects. readmore Demonetisation may drag India behind China in GDP growth, rob fastest-growing economy tag Post-demonetisation, GDP growth projections for the Indian economy for FY17 slipped to 3.5%. The Chinese economy, however, has been growing at 6.7%. View: India's new strike against black money backfires You have to wonder if Modi truly sought expert advice, or relied once again on a small and trusted set of politicians to determine policy.

Editor's Pick If demonetisation is 'surgical strike', the real 'martyrs' are the aam aadmi. Read why The number of people 'martyred' by this 'surgical strike' on our monetary system by Day 8 is 47. The ages of these victims are instructive. This is how your crorepati portfolio should look like post demonetisation Although most analysts have advised investors to stick to their respective portfolios, there are also good reasons to tweak their weight for it to become more effective. Demonetisation: Massive deposit bonanza for banks pulls down interest rates SBI cut rates on deposits; among private lenders, Axis Bank took lead by reducing lending rates by 15-20 bps; Rs 4L cr deposits have been received since Nov 9. Be ready to pay 50-70% tax on black money deposited in banks This rate would only be applicable for large cash deposits in bank accounts or huge expenses incurred in cash since November 8, when old currency notes of Rs 500 and Rs 1,000 were demonetised.

Most Popular This Week Demonetisation: Here are the income tax notices you should get ready for  Are you salaried? Black money touts may target you with lucrative offers Demonetisation: PAN card required if combined cash deposits exceed Rs 2.5 lakh till Dec 30 Want a Rs 2000 note? Ebay has it for 1.5 lakh. Rajdhani, Shatabdi fares may fall in lean seasons

Story of The Week Rs 60,000 is the new Rs 1 lakh in Uttar Pradesh real estate market A developer on condition of anonymity claimed that customers are also approaching them with offers to invest their black money. read more

Money Demonetisation: A great move weakened by bad execution The government should have asked banks to create separate counters for these unbanked people (RBI did it later) and also help them start new bank accounts. Demonetisation: It's cash and no carry for realty as sellers, buyers prefer wait-and-watch Real estate, once a booming business for brokers, had been reeling under the impact of slowdown for over a year now.

Stock Round Up Stocks that have risen up to 388% this year, but are still big no-no for you Data shows 54 stocks, whose individual market capitalisation is less that Rs 100 crore, have doubled their prices since the beginning of calendar year 2016.

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