Tag: cash
Estimates Of Demonetised Notes Back With Banks May Be Incorrect: RBI
Reacting to media reports about the quantum of demonetised currency that has been returned to the banks, the Reserve Bank of India on Thursday said such estimates may not be correct.....
Indian Economy Suffering After Note Ban: New York Times
The Indian economy is suffering following demonetisation and a shortage of cash made life increasingly difficult for Indians, the New York Times has said.....
Modi Urges Youth To Guide People For Cashless Transactions
Invoking Swami Vivekananda, Prime Minister Narendra Modi on Thursday urged the youth to guide people to increase cashless transactions.....
RBI Lifts ATM Cash Withdrawal Limits From Wednesday
The RBI on Monday ended all curbs on withdrawals from Current Accounts, Cash Credit Accounts and Overdraft Accounts with immediate effect.....
No Rush For Cash, A Day Before ATM Curbs To Lift
There were no queues outside most ATMs in Delhi and Noida on Tuesday morning, a day before curbs on withdrawals are set to be lifted by the Reserve Bank of India (RBI). ....
Government Slashes Anonymous Political Funding, Opposition Calls It Hogwash
To ensure greater transparency in political funding, Finance Minister Arun Jaitley on Wednesday sharply cut the cash donation a political party can accept and announced "electoral bonds" to promote legitimate funding of parties.....
PM Justifies Note Ban, But Skips Mentioning Deaths
Speaking on demonetisation in Parliament for the first time, Prime Minister Narendra Modi on Tuesday justified the November 8 move, saying it was made at the right time, but he did not make any comment on the deaths caused by the note ban despite opposition members raising the issue.....
Dry ATMs Rebut Jaitley's Claim Of Swift Recovery Post Note Ban
Despite the claim of Union Finance Minister Arun Jaitley that printing of new money was done efficiently after the November note ban and things were "normalised" in a few weeks, on Friday many ATMs here were found gasping for cash.....
Cash Transaction Limit Proposed To Be Cut To Rs 2 Lakh
In yet another move to curb black money in India, the government on Tuesday proposed a fresh ceiling of Rs 2 lakh on cash transactions, which is lower than the Rs 3 lakh proposed in Budget 2017-18.....
GST Council Proposes Cashback Incentive To Promote Digital Payments
The Goods and Services Tax (GST) Council in its meeting on Saturday decided to start a pilot project to give cashbacks to consumers in order to incentivise digital payments in the country.....
