Currency Crisis
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Argentina to devalue its currency by over 50 per cent as part of emergency 'shock therapy'
World | Dec 13, 2023, 10:17 AM ISTArgentina took the robust measure and the most difficult decision was taken in order to minimise economic shock and to fix the country's worst crisis in decades.
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RBI to come out with mobile app for currency notes identification
Business | Jul 14, 2019, 12:52 PM ISTAt present, banknotes in the denominations of Rs 10, 20, 50, 100, 200, 500 and 2,000 are in circulation, besides Re 1 notes issued by the Centre.
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'Printing presses operating 24x7, generating Rs 500, 200 notes'
Business | Apr 19, 2018, 01:44 PM ISTNormally a currency printing cycle is of 15 days, meaning thereby the increased number of currencies which are being printed beginning this week would be available only towards the end of this month.
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ATMs go dry across nation; govt says no currency shortage; RBI cites logistical issues
Business | Apr 18, 2018, 09:44 AM ISTA statement from the Finance Ministry confirmed reports of cash shortages and some ATMs running dry or becoming non-functional in some parts of the country.
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Mamata attacks Modi again, says from 2017 Indians will start 'deModitisation'
National | Jan 01, 2017, 07:59 AM ISTLaunching another attack on Prime Minister Narendra Modi, West Bengal Chief Minister Mamata Banerjee on Saturday slammed PM for deviating from the actual agenda of black money and asserted Indians will resolve to "deModitise" the nation.
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Car capital Delhi witnesses 36 pc plunge in vehicle registrations post notes ban
Dec 05, 2016, 02:38 PM ISTThe government’s drastic step to demonetise high-value currency notes has not only thrown the lives of the common man in shambles, the impact has also started to become visible in terms of economic activity.
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90 pc ATMs re-calibrated to dispense Rs 500, 2,000 notes: Official
India | Dec 01, 2016, 06:31 PM ISTnearly 90 per cent of the 2 lakh ATMs deployed across the country have been re-calibrated to dispense the new 500 and 2,000 rupee notes, says a key maker of the machines.
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Upset Congress sees Nitish Kumar’s PM ambitions behind his support to demonetisation
National | Nov 30, 2016, 08:43 AM ISTWith the opposition failing to put up a strong front against centre’s demonetisation drive, an irked Congress stated that there can be only one prime ministerial candidate from the alliance it is part of.
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Watch: PM Modi mocks opposition for organising ‘Bharat Bandh’ to protest note ban move
National | Nov 27, 2016, 03:08 PM ISTPrime Minister Narendra Modi today slammed opposition parties for their 'Bharat Bandh' call against demonetisaion, saying they are organising the strike at a time when he is trying to root out corruption and black money.
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ICICI Bank got Rs 32,000 crore deposits post demonetisation: Chanda Kochhar
Nov 19, 2016, 07:25 AM ISTPrivate sector lender ICICI Bank on Friday said that it has received deposits of Rs 32,000 crore after Indian government’s November 8 demonetisation move. "If I give you rounded numbers, end of day the
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Solve this cash crunch issue quickly or there may be riots: Supreme Court warns Centre
India | Nov 19, 2016, 07:11 AM ISTThe Supreme Court on Friday asked the central government to solve the cash crunch problem, following the scrapping of Rs 500 and Rs 1,000 notes, quickly and warned that chaos among the people standing in
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Amid chaos, banks to remain closed today; ATMs will be functional
Nov 14, 2016, 12:12 PM ISTBanks will be closed today on occasion of Gurupurab in Northern India including key cities like Delhi and Mumbai.
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‘Outgoing' Rs 500, Rs 1000 notes can be used for paying utility bills, tax
India | Nov 10, 2016, 06:50 PM IST‘Outgoing' Rs 500, Rs 1000 notes can be used for paying utility bills, tax
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No serious crisis for the Indian currency: Jaitley
Dec 19, 2014, 04:57 PM ISTNew Delhi: Against the backdrop of sliding value of rupee, Finance Minister Arun Jaitley today insisted that there was "no serious crisis" for the Indian currency as it was stabilising after few days of "volatility".Jaitley