Cash Crunch

Indian House Prices To Fall For First Time In At Least A Decade: Poll

Business | Reuters | Friday June 19, 2020

The country's property market was being hobbled by a cash crunch even before the coronavirus outbreak, which has already infected more than 3,50,000 in the world's second most populous country.

The Year Indian Tycoons Faced Bankruptcies, Jail And Worse

Business | PR Sanjai and Bhuma Shrivastava, Bloomberg | Thursday January 2, 2020

Indian banks wrote off a record $39 billion of loans in the 18 months through September in a bid to repair their balance sheets as they battled the world's worst bad debt pile.

"All Paid," Tweets Top Diplomat On India's Dues To Cash-Strapped UN

India News | Edited by Swati Bhasin | Saturday October 12, 2019

India has paid all its dues to the United Nations, top diplomat Syed Akbaruddin said on Friday, adding that only 35 of 193 member countries have paid their dues.

Empty Water Coolers, Stalled Esclators As Budget Crunch Hits UN

World News | Agence France-Presse | Saturday October 12, 2019

Stalled escalators, the heating turned down, even the diplomats' bar closing early at 5pm: already the UN budget crunch, one of the worst in a decade, is making itself felt in a series of measures announced by the world body on Friday.

"Sitting On 1 Lakh Crores, But Can't Be Business As Usual": SBI Chairman

India News | Written by Mariyam Alavi | Saturday August 31, 2019

As concerns mount over a cash crunch in the economy, State Bank of India Chairman Rajnish Kumar said he has at least Rs 1 lakh crore to lend for investments. The Chairman of the country's biggest lender was responding to questions on whether banks' reluctance to lend was contributing to the slowdown.

BSNL Eyes Recovery of Rs 3,000-Crore Dues From Enterprise Clients In 2-3 Months

Business | Press Trust of India | Monday August 12, 2019

Bharat Sanchar Nigam Ltd (BSNL) is eyeing increased earnings from renting out its premises at various locations - the target for rental income has been set at about Rs 1,000 crore this year.

Madhya Pradesh Spends On Ministers' Bungalows As Anganwadis Risk Shutdown

India News | Written by Anurag Dwary, Edited by Divyanshu Dutta Roy | Saturday July 13, 2019

A cash crunch may have put 20,000 critical child-care centres at risk of shutting down in Madhya Pradesh but when it comes to the facelift and renovation of the ministers' bungalows, government funds are flowing freely.

Dewan Housing Finance Shares Fall 6% After CEO Harshil Mehta Resigns

Business | NDTV Profit Team | Thursday February 14, 2019

Dewan Housing Finance shares opened lower at Rs 104.00 apiece on the National Stock Exchange (NSE) and slumped to an intraday low of Rs 103.95 in early trade, from their previous close of Rs 111.20.

What To Expect For Real Estate Sector In Budget. Here's A List

Business | NDTV Profit Team | Tuesday January 15, 2019

Union Budget 2019: Many property consultants expect the cash crunch to continue in the real estate sector, which relies highly on borrowing. Among its recommendations for the real estate sector, Ficci has said that the government should increase the income tax deduction limit for individuals on interest payment against loans taken for acquisition o...

Need Tax Benefit To Improve Liquidity Condition For Shadow Banks: Ficci

Business | NDTV Profit Team | Thursday January 31, 2019

From management reshuffles to open market operations, the central bank and the government have time and again announced measures to rescue the non-banking financial companies. Analysts say liquidity constraints faced by some NBFCs may hamper credit supply and subsequently economic growth in the coming years.

HAL Officials Meet Defence Minister Nirmala Sitharaman Today To Address Cash Crunch

India News | Written by Nehal Kidwai | Wednesday January 9, 2019

Officials of the Bengaluru-based Hindustan Aeronautics Limited are likely to meet Defence Minister Nirmala Sitharaman and top government officials on Wednesday to discuss ways to resolve the cash crunch faced by the aerospace firm.

PM Modi Paid Dassault, But Refuses To Pay HAL: Rahul Gandhi

India News | Press Trust of India | Tuesday January 8, 2019

Upping the ante over state-run Hindustan Aeronautics Limited's reported cash crunch, Congress president Rahul Gandhi on Tuesday alleged that Prime Minister Narendra Modi paid Rs 20,000 crore to France's Dassault Aviation even though it has not delivered a single Rafale jet, but refuses to pay the dues of the Indian aerospace major.

Centre Didn't Pay HAL For Delivered Products, But Paid Dassault: Congress

India News | Press Trust of India | Monday January 7, 2019

Stepping up the Congress's attack on the Centre over Hindustan Aeronautics Limited's (HAL) reported cash crunch, senior party leader Ahmed Patel on Monday alleged that the government had not paid the aerospace major for delivered products, but paid foreign vendors like Dassault for products yet to be delivered.

Parliamentary Panel Asks RBI To Fix Dysfunctional ATMs To Avoid Forced Cash Crunch

Business | Press Trust of India | Sunday January 6, 2019

ATMs have become an important channel for withdrawing money even after the close of banking hours.

"Digital Transactions Not Universal": RBI Told To Solve Dry ATM Issue

India News | Press Trust of India | Sunday January 6, 2019

A parliamentary panel has asked the Reserve Bank of India to address the problem of perpetually dysfunctional ATMs so as to avoid a situation of forced cash crunch.