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Told You So: Andhra, Telangana Junk Centre's Cash Crunch Logic
Calling the bluff of the centre that the cash crunch was "sudden and temporary", the state governments of Andhra Pradesh and Telangana say they had flagged their concerns to the union government and the Reserve Bank of India (RBI) well in advance.
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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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Rs 200, Rs 500 Note Printing Stopped Due To Ink Shortage: Union Leader
Non-availability of ink has resulted in a halt in printing of Rs 200 and Rs 500 denomination banknotes at the Currency Note Press in Nashik, an employees' union leader claimed today.
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Printing Of Rs 500 Notes To Increase Five-Fold To Deal With Cash Crunch: Government
The printing of Rs 500 notes will be increased five-fold by the Reserve Bank of India or RBI to deal with cash shortages in certain parts of the country, fuelled partly by hoarding of high denomination currency, the government has said.
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Chandrababu Naidu Asks Centre For Currency Amid Cash Crunch In Andhra Pradesh
Andhra Pradesh Chief Minister N Chandrababu Naidu has requested the centre to immediately send currency notes of different denominations amounting to Rs 5,000 crore to the state as ATMs there are facing cash shortage.
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Turkmenistan Currency Crisis Seen Causing Cola Shortage
Fans of Coca-Cola in gas-rich Turkmenistan's capital Ashgabat are complaining they can no longer "taste the feeling": their favourite drink has disappeared from shop shelves amidst a sharpening economic crisis
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Kerala Facing Acute Shortage Of Currency Notes
People in Kerala, for the past two days, are facing a severe shortage of currency notes. State Finance Minister Thomas Issac today said the crisis is severe and it has come to a stage that even the payment of salaries and pensions through state treasuries is being affected.
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Reserve Bank of India To Give Nepal Rs 1 Billion In 100-Rupee Notes
The Reserve Bank of India (RBI) has agreed to provide Rs 1 billion to the Nepal Rastra Bank (NRB) after its request that the country was facing a shortage of Indian currency in 100 denomination banknotes.
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PM Narendra Modi's 5 Key Announcements In New Year Eve Address To Nation
Thanking people for their support and cooperation to his demonetisation drive, Prime Minister Narendra Modi today made a series of announcements reiterating his government's focus on the welfare of farmers and the poor. He was making a televised address to the nation on new year's eve and said he was grateful for the patience that people had shown ...
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In Speech On Notes Ban, PM Narendra Modi Talks Of India's 'Purification': 10 Points
Prime Minister Narendra Modi in a televised address on New Year's eve, said his abrupt decision to cancel high-denomination notes last month has dealt "a serious blow" to black money, terror-financing and tax evasion. Defending his demonetisation drive, PM Modi, in a 45-minute speech delivered first in Hindi and then English, said, "There is no pre...
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Disbursement Of Welfare Pension Hit Due To Currency Shortage: Kerala Minister
Kerala Finance Minister T M Thomas Issac today alleged that disbursement of welfare pension in the state has been hit due to currency shortage.
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PM Modi Reviews Cash Shortage Situation With Ministers
Prime Minister Narendra Modi today reviewed the post-currency ban cash shortage situation with his cabinet ministers. The Prime Minister had promised that the cash crunch would normalize within 50 days.
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Opinion: 12 Sketchy Claims Made By Big Jumla Party Or BJP On Notes Ban
Following the demonetisation disaster, the BJP government has been undertaking a propaganda war on its citizens, determined to prove that demonetisation and the currency shortage are being welcomed across the country. This is a make-believe world, inhabited by BJP politicians and spokespersons, who have no idea of life outside the Lutyens' Delhi sh...
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Odisha Faces Acute Shortage Of Rs 100, Rs 500 Notes: Government
With the members of both the Opposition and treasury bench expressing concern in the Assembly over the difficulties faced by the people due to demonetisation, the Odisha government on Friday said there was "acute shortage" of Rs 100 and Rs 500 currency notes in the state.
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Situation 'Not Absolutely Normal' But Ready For Pay Day, SBI Tells NDTV
As banks across India, hit by the cash shortage, gear up for pay day, a top official of the State Bank of India or SBI has claimed that India's largest bank is prepared for the rush.
-
Told You So: Andhra, Telangana Junk Centre's Cash Crunch Logic
Calling the bluff of the centre that the cash crunch was "sudden and temporary", the state governments of Andhra Pradesh and Telangana say they had flagged their concerns to the union government and the Reserve Bank of India (RBI) well in advance.
-
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.
-
Rs 200, Rs 500 Note Printing Stopped Due To Ink Shortage: Union Leader
Non-availability of ink has resulted in a halt in printing of Rs 200 and Rs 500 denomination banknotes at the Currency Note Press in Nashik, an employees' union leader claimed today.
-
Printing Of Rs 500 Notes To Increase Five-Fold To Deal With Cash Crunch: Government
The printing of Rs 500 notes will be increased five-fold by the Reserve Bank of India or RBI to deal with cash shortages in certain parts of the country, fuelled partly by hoarding of high denomination currency, the government has said.
-
Chandrababu Naidu Asks Centre For Currency Amid Cash Crunch In Andhra Pradesh
Andhra Pradesh Chief Minister N Chandrababu Naidu has requested the centre to immediately send currency notes of different denominations amounting to Rs 5,000 crore to the state as ATMs there are facing cash shortage.
-
Turkmenistan Currency Crisis Seen Causing Cola Shortage
Fans of Coca-Cola in gas-rich Turkmenistan's capital Ashgabat are complaining they can no longer "taste the feeling": their favourite drink has disappeared from shop shelves amidst a sharpening economic crisis
-
Kerala Facing Acute Shortage Of Currency Notes
People in Kerala, for the past two days, are facing a severe shortage of currency notes. State Finance Minister Thomas Issac today said the crisis is severe and it has come to a stage that even the payment of salaries and pensions through state treasuries is being affected.
-
Reserve Bank of India To Give Nepal Rs 1 Billion In 100-Rupee Notes
The Reserve Bank of India (RBI) has agreed to provide Rs 1 billion to the Nepal Rastra Bank (NRB) after its request that the country was facing a shortage of Indian currency in 100 denomination banknotes.
-
PM Narendra Modi's 5 Key Announcements In New Year Eve Address To Nation
Thanking people for their support and cooperation to his demonetisation drive, Prime Minister Narendra Modi today made a series of announcements reiterating his government's focus on the welfare of farmers and the poor. He was making a televised address to the nation on new year's eve and said he was grateful for the patience that people had shown ...
-
In Speech On Notes Ban, PM Narendra Modi Talks Of India's 'Purification': 10 Points
Prime Minister Narendra Modi in a televised address on New Year's eve, said his abrupt decision to cancel high-denomination notes last month has dealt "a serious blow" to black money, terror-financing and tax evasion. Defending his demonetisation drive, PM Modi, in a 45-minute speech delivered first in Hindi and then English, said, "There is no pre...
-
Disbursement Of Welfare Pension Hit Due To Currency Shortage: Kerala Minister
Kerala Finance Minister T M Thomas Issac today alleged that disbursement of welfare pension in the state has been hit due to currency shortage.
-
PM Modi Reviews Cash Shortage Situation With Ministers
Prime Minister Narendra Modi today reviewed the post-currency ban cash shortage situation with his cabinet ministers. The Prime Minister had promised that the cash crunch would normalize within 50 days.
-
Opinion: 12 Sketchy Claims Made By Big Jumla Party Or BJP On Notes Ban
Following the demonetisation disaster, the BJP government has been undertaking a propaganda war on its citizens, determined to prove that demonetisation and the currency shortage are being welcomed across the country. This is a make-believe world, inhabited by BJP politicians and spokespersons, who have no idea of life outside the Lutyens' Delhi sh...
-
Odisha Faces Acute Shortage Of Rs 100, Rs 500 Notes: Government
With the members of both the Opposition and treasury bench expressing concern in the Assembly over the difficulties faced by the people due to demonetisation, the Odisha government on Friday said there was "acute shortage" of Rs 100 and Rs 500 currency notes in the state.
-
Situation 'Not Absolutely Normal' But Ready For Pay Day, SBI Tells NDTV
As banks across India, hit by the cash shortage, gear up for pay day, a top official of the State Bank of India or SBI has claimed that India's largest bank is prepared for the rush.
