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Finance Minister Arun Jaitley

Amid cash rush, banks may hire retired staff to deal with customers:...

The finance ministry also said banks may plan and support the officers and employees working in late hours.

15 Nov 2016 8:22 PM IST

A reading above 50 indicates expansion while a reading below 50 suggests contraction in activities.

Industry posts big fall

Cash shortage blamed for significant fall in new orders in December.

3 Jan 2017 12:56 AM IST

NRIs stand in queues to exchange cash from Reserve Bank of India in New Delhi. (Photo: PTI)

Despite raise in limit, Delhiites struggle as many ATMs still dry

Out of a dozen ATMs around Sector 18 area, barely three ATMs were found working.

22 Feb 2017 1:25 AM IST

Cash recovered by Income Tax department from a bank locker in Pune. (Photo: PTI)

Note ban sucked in cash like vacuum cleaner: IMF

Govt last year withdrew legal tender of Rs 500 and Rs 1000 currency notes in circulation.

24 Feb 2017 3:59 PM IST

Union minister Bandaru Dattatreya

RBI to fulfil currency demand of Telangana: Bandaru Dattatreya

RBI will ensure supply of another Rs 20,000 crore to Rs 25,000 crore to meet currency demand of Telangana.

21 Jun 2017 9:53 AM IST

RBI Governor Urjit Patel. (Photo: PTI)

Rs 500, Rs 2000 notes were in stock before DeMo: RBI

Urjit Patel says no records of talks between RBI and govt on note ban were maintained because of secrecy.

27 April 2017 6:59 PM IST

NITI Aayog CEO Amitabh Kant addresses at press conference for the launch of the schemes Lucky Grahak Yojana and Digi-dhan Vyapari Yojana to encourage digital payments, in New Delhi. (Photo: PTI)

Cash crunch to end by mid-Jan, says Amitabh Kant

Niti Aayog CEO says note ban deicsion taken as India aspires to have become a $10 trillion economy.

16 Dec 2016 3:49 PM IST

Residents in Gujarats Navsari district showered Rs. 40 lakh on folk singers during a musical event. (Photo: ANI/Twitter)

Amid cash crunch, Gujarat residents shower Rs. 40 lakh on folk singers

The organisers of musical event, however, claimed that the money collected during the program will be used for social...

26 Dec 2016 12:38 PM IST

The newly-issued Rs 500 notes.

Old Lucknow banks on barter to beat cash blues

Fresh vegetables are being exchanged for spices and bakery products can be had in return for flour.

3 Dec 2016 1:49 AM IST

Banks across the country have resorted to rationing of cash in order to handle the huge payday rush at branches. (Photo: PTI/File)

Note ban: Banks resort to rationing of cash on payday

Some banks are disbursing only Rs 5,000 per person while those having better cash availability are offering Rs 10,000...

1 Dec 2016 2:45 PM IST

Upset over the lack of money at banks even after 22 days of demonetization, villagers at Bilaspur on Wednesday blocked the Noida-Sikandrabad road.(Photo: PTI/Representational)

Note ban: Upset over lack of money at banks, villagers block traffic...

'For the last three days I have been visiting the bank to withdraw Rs 2,000 but am unable to get the money,' one...

1 Dec 2016 10:07 AM IST

Ancestral jewellery and gold as also that purchased from disclosed income not to be taxed.

Gold hits 10-month low in Delhi

Silver, however, firmed up further by Rs 250 to Rs 41,850 per kg due to increased offtake by industrial units and coin...

10 Dec 2016 1:42 AM IST