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Taxmen begin raids on hoarders of cash as Centre, RBI pump in notes -Sidhartha

-The Times of India NEW DELHI: Tax authorities have conducted 30-35 raids in Karnataka and parts of Andhra Pradesh as part of a drive to smoke out cash hoarders, even as the government and RBI moved to pump in funds into some of the states facing a currency crunch. In Bihar, for instance, Rs 800-900 crore has been pumped in through the ATM network with initial assessments suggesting that the shortage may...

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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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Cash shortage likely to get worse in Delhi-NCR, Mumbai as ATMs run dry

-BusinessToday.in As the problem of sudden cash crunch hits several states of the country, India's two major regions, the Delhi-NCR and Mumbai, can severely get affected in the coming days if the situation persists. According to sources in one of the largest private banks in the country, in the past one week the Delhi-NCR region received around 20 per cent of the cash supply it used to get on a daily...

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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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IMD monsoon forecast showers Indian economy with cheer -Srishti Choudhary & Sayantan Bera

-Livemint.com Rainfall will be 97% of the 50-year average with a 54% probability that rains will be normal to above normal, IMD said in its first stage, long-range monsoon forecast New Delhi: Rainfall is likely to be normal during the June-to-September southwest monsoon season, the government’s weather office said on Monday. “For the third consecutive year, India will have a normal monsoon. There is very less probability of experiencing a deficit monsoon. We...

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