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As Empty ATMs Reported, RBI Says Shortage Due To Logistical Reasons: 10 Points -Debjani Chatterjee

-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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Government attempts damage control as ATMs run dry -Sandeep Phukan

-The Hindu Jaitley blames ‘spurt in demand’; Congress recalls note ban Amidst reports of a cash crunch from different parts of the country, Union Finance Minister Arun Jaitley said the Government was “tackling the issue quickly” to overcome a “temporary shortage” caused by a sudden spurt in demand. But with hash tags #cashcrunch and #ATM trending on Twitter all day, Opposition leaders launched a scathing attack on the Government. Minister’s assurance Responding to the currency...

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Insolvency and Bankruptcy Code: BJP claims Rs 4 lakh crore recovery; RBI data tell a different story -Sunny Verma

-The Indian Express As against this claim, the Reserve Bank of India's latest data shows that the public sector banks could recover a total of only Rs 15,786 crore in the fiscal year 2016-17 and 2017-18 till December 31 through all recovery channels, including IBC. The BJP claimed on its Twitter account on Saturday that the “Insolvency and Bankruptcy Code (IBC), 2016 has resulted in recovery of Rs 4 lakh crore out...

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Under Modi Government, VIP Hate Speech Skyrockets - By 500% -Nimisha Jaiswal, Sreenivasan Jain and Manas Pratap Singh

-NDTV NDTV scanned nearly 1,300 articles and cross-referenced this with databases. We went through 1,000 recent tweets of politicians and public figures. New Delhi: The use of hateful and divisive language by high-ranking politicians has increased almost 500% in the past four years, an NDTV data collection exercise has found. The premise of the exercise was simple: it seems not a day, or a week goes by without some senior politician -...

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'Chana farmers to lose Rs 6,170 crore' -Jayashree Bhosale

-The Economic Times PUNE: Chana farmers stand to lose Rs 6,170 crore as they have not received the Government assured minimum support price (MSP) for a good chunk of their crop, according to the ‘loot calculator’ of Jai Kisan Andolan (JKA), a movement which works for farmers’ rights. The Andolan, launched by Yogendra Yadav founded Swaraj Abhiyan, has gleaned this crop of data based on an expected production of 1,110 lakh quintals...

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