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Gold Smuggling Racket Busted In Mumbai, 5 African Women Among 8 Arrested
Sales proceeds from smuggled gold worth Rs 3.62 crore as well as Rs 2.95 crore cash and 2.1 kilograms of gold were seized following a raid by the Directorate of Revenue Intelligence on a gold melting facility and a jewellery shop, an official said.
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During Raid On Mumbai-Varanasi Train, Cops Find Rs 3.2 Crore In 3 Trolley Bags
Unaccounted cash worth Rs 3.2 crore was seized from two persons in Madhya Pradesh's Khandwa district while they were travelling in a train from Mumbai to Varanasi, police said today.
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Another Source Of Cash Dries Up For Indian Companies Amid Virus Crisis
The Covid-19 crisis has further crimped options for foreign-currency funding, worsening a credit crunch sparked by the collapse of shadow lender IL&FS in 2018.
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Banking Services Impacted; Many ATMs Go Dry Due To Strike
Several ATMs went dry by the evening as people rushed for cash withdrawal as they had prior information about the strike.
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Parliamentary Panel Asks RBI To Fix Dysfunctional ATMs To Avoid Forced Cash Crunch
ATMs have become an important channel for withdrawing money even after the close of banking hours.
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"Digital Transactions Not Universal": RBI Told To Solve Dry ATM Issue
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.
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Gold, Cash Worth Over Rs 14 Crore Seized From Delhi Trader
The Directorate of Revenue Intelligence (DRI) seized gold and cash worth over Rs 14 crore from a bullion merchant in the Karol Bagh area Friday and arrested him, officials said.
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Rs 1.74 Crore Cash And 10.5 kgs Gold Seized From Kolkata Businessman
The Directorate of Revenue Intelligence (DRI) has seized around 105 kgs gold and cash worth Rs 1.74 crore during searches conducted at the premises of a businessman in Kolkata, according to an official statement issued today.
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Shashi Tharoor Gives Congress Some Advice On Twitter. It Is About Money
Shashi Tharoor has some advice for his party. Mr Tharoor thinks that the cash-strapped Congress shouldn't be red-faced about its state of finances and should try crowdsourcing funds to fight the 2019 elections.
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Printing Press Running 24X7 To Offset Cash Crunch: Official
The government has speed up currency note printing and is running all its four presses round-the-clock, an officer said today amid ATMs running dry in many parts of the country. This week, the note printing presses have been minting out Rs 500 and Rs 200 notes without a break to meet an estimated Rs 70,000 crore of currency shortfallm, he said
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Cash Crunch In Several States; Is Mumbai Next?
Mumbai and other parts of Maharashtra could very well be next on the list of affected areas in terms of ATMs running dry, if the government doesn't do something soon to address the cash crunch certain states have been facing for the past few weeks.
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As ATMs Run Dry, This Press Is Working 3 Shifts To Print Currency Notes
After ATMs in parts of multiple states are reported to be running dry, workers at a government-run printing press in Madhya Pradesh are working three shifts to print currency notes. On Tuesday, the government reportedly said it has decided to increase printing of Rs. 500 notes by five times to meet the "unusual" currency demand.
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Cash Crunch: As The ATMs Go Dry In Some States, Arun Jaitley Puts Up A Brave Front
The government attributed the cash crunch in ATMs of some states to the unusual spurt in currency demand. In the first 13 days of this month, the currency supply increased by Rs 45000 crores
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Out Of Cash ATMs Remind Me Of Demonetisation Days: Mamata Banerjee
Amid reports of ATMs running dry in several states, West Bengal Chief Minister Mamata Banerjee said today that the situation is reminding her of the demonetisation days.
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Demonetisation Flashback, Says Twitter As ATMs Run Dry In Some States
In what is giving people on Twitter demonetisation flashbacks to November 2016, some ATMs across the country are running out of cash.
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Gold Smuggling Racket Busted In Mumbai, 5 African Women Among 8 Arrested
Sales proceeds from smuggled gold worth Rs 3.62 crore as well as Rs 2.95 crore cash and 2.1 kilograms of gold were seized following a raid by the Directorate of Revenue Intelligence on a gold melting facility and a jewellery shop, an official said.
-
During Raid On Mumbai-Varanasi Train, Cops Find Rs 3.2 Crore In 3 Trolley Bags
Unaccounted cash worth Rs 3.2 crore was seized from two persons in Madhya Pradesh's Khandwa district while they were travelling in a train from Mumbai to Varanasi, police said today.
-
Another Source Of Cash Dries Up For Indian Companies Amid Virus Crisis
The Covid-19 crisis has further crimped options for foreign-currency funding, worsening a credit crunch sparked by the collapse of shadow lender IL&FS in 2018.
-
Banking Services Impacted; Many ATMs Go Dry Due To Strike
Several ATMs went dry by the evening as people rushed for cash withdrawal as they had prior information about the strike.
-
Parliamentary Panel Asks RBI To Fix Dysfunctional ATMs To Avoid Forced Cash Crunch
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
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.
-
Gold, Cash Worth Over Rs 14 Crore Seized From Delhi Trader
The Directorate of Revenue Intelligence (DRI) seized gold and cash worth over Rs 14 crore from a bullion merchant in the Karol Bagh area Friday and arrested him, officials said.
-
Rs 1.74 Crore Cash And 10.5 kgs Gold Seized From Kolkata Businessman
The Directorate of Revenue Intelligence (DRI) has seized around 105 kgs gold and cash worth Rs 1.74 crore during searches conducted at the premises of a businessman in Kolkata, according to an official statement issued today.
-
Shashi Tharoor Gives Congress Some Advice On Twitter. It Is About Money
Shashi Tharoor has some advice for his party. Mr Tharoor thinks that the cash-strapped Congress shouldn't be red-faced about its state of finances and should try crowdsourcing funds to fight the 2019 elections.
-
Printing Press Running 24X7 To Offset Cash Crunch: Official
The government has speed up currency note printing and is running all its four presses round-the-clock, an officer said today amid ATMs running dry in many parts of the country. This week, the note printing presses have been minting out Rs 500 and Rs 200 notes without a break to meet an estimated Rs 70,000 crore of currency shortfallm, he said
-
Cash Crunch In Several States; Is Mumbai Next?
Mumbai and other parts of Maharashtra could very well be next on the list of affected areas in terms of ATMs running dry, if the government doesn't do something soon to address the cash crunch certain states have been facing for the past few weeks.
-
As ATMs Run Dry, This Press Is Working 3 Shifts To Print Currency Notes
After ATMs in parts of multiple states are reported to be running dry, workers at a government-run printing press in Madhya Pradesh are working three shifts to print currency notes. On Tuesday, the government reportedly said it has decided to increase printing of Rs. 500 notes by five times to meet the "unusual" currency demand.
-
Cash Crunch: As The ATMs Go Dry In Some States, Arun Jaitley Puts Up A Brave Front
The government attributed the cash crunch in ATMs of some states to the unusual spurt in currency demand. In the first 13 days of this month, the currency supply increased by Rs 45000 crores
-
Out Of Cash ATMs Remind Me Of Demonetisation Days: Mamata Banerjee
Amid reports of ATMs running dry in several states, West Bengal Chief Minister Mamata Banerjee said today that the situation is reminding her of the demonetisation days.
-
Demonetisation Flashback, Says Twitter As ATMs Run Dry In Some States
In what is giving people on Twitter demonetisation flashbacks to November 2016, some ATMs across the country are running out of cash.
