-NDTV (With inputs from agencies) As ATMs ran dry in several parts of the country, finance minister Arun Jaitley said the shortage is temporary and is being tackled quickly. New Delhi: In response to reports that ATMs in several states are running dry, Finance Minister Arun Jaitley today conceded a "temporary shortage in some areas" and said it was being "tackled quickly". The Reserve Bank of India said the shortage...
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Unseasonal rains: Little impact on rabi output, say officials
-The Financial Express The recent spell of unseasonable rains and hailstorms in a clutch of northern states haven’t had any major adverse impact on the rabi crop being harvested, officials claimed, based on field reports. The agriculture ministry has been expecting all-time high foodgrain production of 277.5 million tonnes in 2017-18 crop year (July-June) on good distribution of monsoon rainfall last year, even though pan-India rains were just 95% of the...
More »Gujarat braces for cash shortage as chests dry up -Rutam Vora
-The Hindu Business Line Ahmedabad: Ahead of the kharif sowing season, Gujarat is facing a cash shortage as banks have started receiving lesser cash than required from the RBI. This has resulted in the rationing of cash disbursements at several banks in parts of Gujarat, mainly in the north. Banking sources confirmed experiencing cash shortage at the currency chest level from where the disbursement of cash takes place to the bank branches. There...
More »Mobile at wheel: 3 of 5 Indians
-The Telegraph New Delhi: Three out of every five drivers in India used mobile phones while driving but only one in four admitted to have been caught for breaking the law, according to a study conducted by Japanese auto major Nissan. According to the Nissan Connected Families of India survey, the number of people who used mobile phones while driving was the highest in North India with 62 per cent, compared to...
More »Stubble burning doubles Delhi pollution: Harvard study
-PTI Researchers from Harvard and NASA have shown that in October and November about half of all pollution in Delhi can be attributed to agricultural fires on some days Boston: Agricultural fires are to blame for about half of the pollution experienced in Delhi in October and November, a peak stubble burning season in Punjab, a Harvard study has found using satellite data from NASA. Many farmers in northwest India typically burn abundant...
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