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MSME worst hit by GST, Demonetisation, says RBI study

3 days ago
A recent study by the Reserve Bank of India (RBI) has noted that the Micro, Small and Medium Enterprises (MSMEs) have been adversely hit by the Goods and Services Tax (GST) rollout and Demonetisation, which had a significant impact on the overall  ... ...

'New' notes from 2007 found, police probing presence of 12th person in Delhi family deaths case

2 months ago
The Delhi police are investigating the possibility of the presence of a 12th person in the Burari house where 11 members of a family were found dead on Sunday, even as they recovered more handwritten notes that suggest the family may have dabbled in  ... ...

Rahul targets Modi over rise in Indian money in Swiss banks

2 months ago
Congress president Rahul Gandhi today took a swipe at Narendra Modi over the rise in Indian money in Swiss banks, alleging that the prime minister says a 50per cent jump in deposits by Indians is "white money" and that there is no "black money". "2014  ... ...

Probe how coop bank linked to Shah got Rs 745 cr postdemonetisation: Congress

2 months ago
The Congress on Friday sought "an independent probe" into RTI revelations that Ahmedabad District Cooperative Bank (ADCB) linked to BJP President Amit Shah got deposists of Rs 745.59 crore in five days after demonetisation, while terming the  ... ...

Currency with public now reaches a record Rs 18.5 lakh crore; double than postdemonetisation days

2 months ago
If there was any doubt about the failure of demonetisation in terms of one of its key purposes to push India towards a cashless economy the latest RBI data lays it to rest. According to the apex bank, currency with the public (CwP) has reached a ... ...

How sudden spike in cash demand led to a major cash crunch in many states

4 months ago
A security guard sleeps near an 'out of service' ATM machine in Ahmedabad . (Photo: PTI). ALSO READ. ATM cash crunch: Inactive point of sale terminals to be redeployed ATM cash crisis: The silence on Rs 2,000 notes is too loud to miss Poor currency ... ...

ATM cash crunch: SBI Research says Rs 200 notes' printing a reason; updates

4 months ago
Even as government and Reserve Bank of India (RBI) asserted that there is no currency shortage, SBI Research on Wednesday pegged the cash shortfall in the system at a whopping Rs 700 billion (Rs 70,000 crore), which is a third of the monthly ... ...

ATM cash crunch: Shortage to continue for 57 days; top 10 developments

4 months ago
Unusual spurt in demand for currency led to many ATMs and banks running out of cash in Uttar Pradesh, Madhya Pradesh, pollbound Karnataka, besides many other states. Photo: ANI. ALSO READ. Demonetisation redux? ATMs again running dry across states ... ...

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