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Surveillance department team raids Bihar Drugs Inspector residence, pile of cash seized
India

Surveillance department team raids Bihar Drugs Inspector residence, pile of cash seized

In the video, the officials were seen counting the bundles of notes of all denominations between Rs 100 and Rs 2,000 piled up on the table and bed

Birthday Special: Anubhav Sinha — The man who gave best thought-provoking films in the history of Indian cinema
Entertainment

Birthday Special: Anubhav Sinha — The man who gave best thought-provoking films in the history of Indian cinema

With Mulk and Article 15 Anubhav Sinha has acquired the formidable reputation of being a filmmaker who uses his voice to address issues that go beyond cinema, and yet he remains resolutely cinematic in his vision.

Happy Birthday Anubhav Sinha: Here's a list of films by the ace director
Entertainment

Happy Birthday Anubhav Sinha: Here's a list of films by the ace director

Sinha started his career by working as an assistant director to Pankaj Parashar. It was only in 2001 that Anubhav Sinha made his first directorial debut with Tum Bin. Following Tum Bin, he directed films like Dus, Cash, and Ra. One, Gulaab Gang, Mulk, Article 15, Thappad, and Anek.

Maharashtra: ATM dispenses five times extra cash; people rush to withdraw money
India

Maharashtra: ATM dispenses five times extra cash; people rush to withdraw money

This happened on Wednesday at the Automated Teller Machine (ATM) of a private bank in Khaparkheda town, located around 30 km from Nagpur city

Coronavirus Outbreak: No dearth of cash, prepared to meet any demand during nationwide lockdown, say bankers
Business

Coronavirus Outbreak: No dearth of cash, prepared to meet any demand during nationwide lockdown, say bankers

Banks have enough cash to meet any demand in view of nationwide lockdown and Direct Benefit Transfer (DBT) commitments under Rs 1.7 lakh crore Pradhan Mantri Garib Kalyan Yojana package

Bank of Maharashtra gets govt mandate to collect donations for PM CARES Fund; contributions to get I-T Act exemption
Business

Bank of Maharashtra gets govt mandate to collect donations for PM CARES Fund; contributions to get I-T Act exemption

One can also remit contributions directly by electronic clearing system (ECS) to the designated savings bank account of Bank of Maharashtra.

Thappad was tough to write and shoot, but it's my best film to date: Anubhav Sinha
Entertainment

Thappad was tough to write and shoot, but it's my best film to date: Anubhav Sinha

Anubhav Sinha's new film Thappad questions – ‘Is one slap enough to re-examine your marriage?’

Before Anubhav Sinha turned to social dramas, he made films with 'mind blowing' music, like Dus and Cash
Entertainment

Before Anubhav Sinha turned to social dramas, he made films with 'mind blowing' music, like Dus and Cash

Let Anubhav Sinha not forget he gave us gems like 'Dus Bahane', 'Cash', 'Mind Blowing Mahia', 'Deedar De', and made a cult out of Shamita Shetty.

RBI's new motto after demonetisation: Cash is king, but digital is divine; digital payments witness 61% CAGR growth
Business

RBI's new motto after demonetisation: Cash is king, but digital is divine; digital payments witness 61% CAGR growth

With 'cash is king, but digital is divine' motto, the Reserve Bank on Monday said its endeavour will be to make digital payments a divine experience for the users after being buoyed by over Rs 3.5 lakh crore reduction in the notes in circulation (NIC) post demonetisation

Online payment provider Instamojo acquires start-up GetMeAShop in an all-stock deal
News & Analysis

Online payment provider Instamojo acquires start-up GetMeAShop in an all-stock deal

Times Internet, which backed GetMeAShop, becomes an investor in Instamojo through the deal, gets board observer role.

Electoral bonds: Supreme Court seeks response from Centre, Election Commission in 2 weeks on plea seeking stay on scheme
India

Electoral bonds: Supreme Court seeks response from Centre, Election Commission in 2 weeks on plea seeking stay on scheme

The Supreme Court on Monday sought response of the Centre and the Election Commission on a plea seeking a stay on the electoral bond scheme meant for funding political parties.

Currency in circulation rises to Rs 21 lakh cr as on March 2019: Union Minister Anurag Thakur
Business

Currency in circulation rises to Rs 21 lakh cr as on March 2019: Union Minister Anurag Thakur

Currency in circulation peaked to over Rs 21 lakh crore at the end of March 2019, having dipped to a mere Rs 13 lakh crore at the end of fiscal 2016-17, Parliament was informed on Monday

Former RBI governor C Rangarajan says banks recapitalisation should be done through cash
Business

Former RBI governor C Rangarajan says banks recapitalisation should be done through cash

Former RBI governor C Rangarajan on Friday suggested that recapitalisation of banks should be done through by infusing cash rather than issuing Bonds, as he cautioned that Boards of public sector undertakings, including banks, should maintain "arms length" from the Government

Electoral bonds controversy: Recent criticism of campaign funding rings hollow considering the alternative is cash
Politics

Electoral bonds controversy: Recent criticism of campaign funding rings hollow considering the alternative is cash

Campaign financing has long been a hotly-debated topic in democracies around the world. Political parties need to spread their message to voters, rallies need to be held, travelling and other expenses are incurred.

Digital economy: Love of cash hinders govt's objectives; currency in circulation rises 17% to Rs 21 lakh cr post-demonetisation
Business

Digital economy: Love of cash hinders govt's objectives; currency in circulation rises 17% to Rs 21 lakh cr post-demonetisation

The demonetisation got rid of old 500 and 1,000 rupee banknotes and Modi said that would boost the country’s digital economy, unearth unaccounted wealth and reduce the use of cash.

Digital economy? RBI says currency in circulation soars 17% to Rs 21.1 lakh cr in FY19
Business

Digital economy? RBI says currency in circulation soars 17% to Rs 21.1 lakh cr in FY19

Despite the many an effort to shift to digital payments and usher in a digital payment economy, the currency in circulation has jumped by a hefty 17 percent to Rs 21.10 lakh crore as of March 2019, the Reserve Bank said in its annual report for 2019

Wrong to use cash as indicator of jump in economic activity, rural economy still depressed: SBI
Business

Wrong to use cash as indicator of jump in economic activity, rural economy still depressed: SBI

It is "erroneous" to come to a conclusion of heightened economic activity using the jump in currency in circulation (CIC), the economic research wing of SBI said on Thursday

Digital mode of transactions will take some time to gain currency; domination of cash will persist
Business

Digital mode of transactions will take some time to gain currency; domination of cash will persist

The number of Rs 20 lakh crore may look high, but if one looks at the buildup of cash in circulation over the years, the picture is actually not very shocking.

Govt does well to dovetail MSME loan rescheduling with GST, a carrot and stick policy beyond reproach
Business

Govt does well to dovetail MSME loan rescheduling with GST, a carrot and stick policy beyond reproach

The latest move is to apply balm on the MSMEs ravaged by demonetisation and Goods and Services Tax.

Delhi parents complain to police about 18-year-old  son who fled with car, over Rs 13 lakh in cash
India

Delhi parents complain to police about 18-year-old son who fled with car, over Rs 13 lakh in cash

In the complaint, the Delhi boy's parents said they feared that their "cunning" and "good for nothing" son might use the car and the money for illegal activities, the police said