Currency Problem
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No Cash, No Problem: Jamaica Names Upcoming CBDC ‘Jam-Dex’, Reveals Logo
Jamaica is set to launch its national digital currency, regulated by the central bank. While the official release of this CBDC is awaited, Jam-Dex has been decided as its name. Its logo is inspired by the national fruit of Jamaica, and the tagline reads, “No Cash, No Problem”.
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Japan Hit by Another Cryptocurrency Heist, $60 Million Stolen
Japanese cryptocurrency firm Tech Bureau Corp said about $60 million in digital currencies were stolen from its exchange.
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As Iran Sanctions, 2019 Polls Loom, PM Modi's Tightrope Walk On Fuel
India's growth monikers -- the world's fastest-growing major economy and the fastest-growing oil user -- might make for good headlines, but when juxtaposed with the less-flattering description of its currency they pose a problem for Prime Minister Narendra Modi.
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Cash Shortage Issue Will Be Resolved By Tomorrow, Says SBI Chief
The problem of cash crunch being faced by some states will be resolved by tomorrow as currency is being transported to areas which are facing the shortage, SBI Chairman Rajnish Kumar said today.
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No Rs 1,000 Comeback Yet. Don't Overdraw From ATMs, Urges Top Bureaucrat Shaktikanta Das
The government has no plans to introduce 1,000-rupee notes - abolished last year - but is focusing on ramping up production of 500-rupee and other lower denomination notes, Economic Affairs Secretary Shaktikanta Das tweeted today, scotching rumours that currency printing presses had started printing a new version of the Rs 1,000 note.
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'Breaking My Head Daily'; BJP Ally Chandrababu Naidu's 180 On Notes Ban
BJP ally and Andhra Pradesh Chief Minister N Chandrababu Naidu, an early supporter of Prime Minister Narendra Modi's ban on 500- and 1,000-rupee notes to unearth black or undeclared money, now says he is worried that there is no end in sight to the crisis brought about by the massive cash crunch that has followed.
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Team Nitish Kumar Warns PM Modi That Notes Ban Support Has Expiry Date
Bihar Chief Minister Nitish Kumar is clear that he's not about to yank the support extended unusually by him to Prime Minister Narendra Modi over his demonetization drive.
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Notes Ban: Problems Will Be Over In 10-15 Days, Government Tells Supreme Court
Defending the notes ban forcefully today, the government told the Supreme Court that it is "not sitting around doing nothing" and all the problems will be over in "10-15 days".
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PM Narendra Modi Warns Those Stashing Black Money Into Jan Dhan Accounts Of Poor
Prime Minister Narendra Modi on Saturday acknowledged the inconvenience caused to people by demonetisation and said it was a move that would end all the problems, including poverty, corruption and black money in India.
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Disclosed Black Money To Be Taxed At 50% Gets Closer To Being Law
The government's new proposal on how to tax black or undeclared money was cleared today by the Lok Sabha, where the government is in a majority. The bill must now be approved by the Rajya Sabha within 14 days. If not, it automatically becomes the law. The legislation has been introduced as the next step in the huge initiative launched earlier this ...
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No Cash, No Problem: Jamaica Names Upcoming CBDC ‘Jam-Dex’, Reveals Logo
Jamaica is set to launch its national digital currency, regulated by the central bank. While the official release of this CBDC is awaited, Jam-Dex has been decided as its name. Its logo is inspired by the national fruit of Jamaica, and the tagline reads, “No Cash, No Problem”.
-
Japan Hit by Another Cryptocurrency Heist, $60 Million Stolen
Japanese cryptocurrency firm Tech Bureau Corp said about $60 million in digital currencies were stolen from its exchange.
-
As Iran Sanctions, 2019 Polls Loom, PM Modi's Tightrope Walk On Fuel
India's growth monikers -- the world's fastest-growing major economy and the fastest-growing oil user -- might make for good headlines, but when juxtaposed with the less-flattering description of its currency they pose a problem for Prime Minister Narendra Modi.
-
Cash Shortage Issue Will Be Resolved By Tomorrow, Says SBI Chief
The problem of cash crunch being faced by some states will be resolved by tomorrow as currency is being transported to areas which are facing the shortage, SBI Chairman Rajnish Kumar said today.
-
No Rs 1,000 Comeback Yet. Don't Overdraw From ATMs, Urges Top Bureaucrat Shaktikanta Das
The government has no plans to introduce 1,000-rupee notes - abolished last year - but is focusing on ramping up production of 500-rupee and other lower denomination notes, Economic Affairs Secretary Shaktikanta Das tweeted today, scotching rumours that currency printing presses had started printing a new version of the Rs 1,000 note.
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'Breaking My Head Daily'; BJP Ally Chandrababu Naidu's 180 On Notes Ban
BJP ally and Andhra Pradesh Chief Minister N Chandrababu Naidu, an early supporter of Prime Minister Narendra Modi's ban on 500- and 1,000-rupee notes to unearth black or undeclared money, now says he is worried that there is no end in sight to the crisis brought about by the massive cash crunch that has followed.
-
Team Nitish Kumar Warns PM Modi That Notes Ban Support Has Expiry Date
Bihar Chief Minister Nitish Kumar is clear that he's not about to yank the support extended unusually by him to Prime Minister Narendra Modi over his demonetization drive.
-
Notes Ban: Problems Will Be Over In 10-15 Days, Government Tells Supreme Court
Defending the notes ban forcefully today, the government told the Supreme Court that it is "not sitting around doing nothing" and all the problems will be over in "10-15 days".
-
PM Narendra Modi Warns Those Stashing Black Money Into Jan Dhan Accounts Of Poor
Prime Minister Narendra Modi on Saturday acknowledged the inconvenience caused to people by demonetisation and said it was a move that would end all the problems, including poverty, corruption and black money in India.
-
Disclosed Black Money To Be Taxed At 50% Gets Closer To Being Law
The government's new proposal on how to tax black or undeclared money was cleared today by the Lok Sabha, where the government is in a majority. The bill must now be approved by the Rajya Sabha within 14 days. If not, it automatically becomes the law. The legislation has been introduced as the next step in the huge initiative launched earlier this ...
