Cash Circulation
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Hamas Struggles To Pay Fighters As War With Israel Drains Out Cash
Experts estimate around $3 billion in cash may still circulate in Gaza, but getting access to it has become nearly impossible.
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Binance and Circle Partner in Bid to Boost USDC Stabecoin Adoption
Binance and Circle have partnered in an attempt to boost stablecoin adoption globally. As for Circle, its USDC stablecoin pegged against the US dollar could see adoption among Binance’s significant user base of over 200 million users.
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King Charles Currency Enter Circulation For First Time Since Coronation
British banknotes bearing the image of King Charles III entered circulation for the first time on Wednesday, nearly two years after he succeeded his mother Queen Elizabeth II.
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RBI Governor Says Permanent Deletion of Transactions Would Make CBDCs Like Cash Notes
RBI governor Shaktikanta Das disclosed some more intricacies about the eRupee. Speaking at the BIS Innovation Summit 2024, in Basel, Switzerland, Das has said that India’s CBDC would offer the same privacy for transactions that cash notes offer.
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Congress MP's 2022 Post On Black Money Is Viral. Crores Seized From Him
A seemingly harmless 2022 post on X about rampant corruption and the extensive circulation of black money is being shared widely on social media and is now viral.
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Move To Withdraw Rs 2,000 Notes Affects Only 11% Currency In Circulation
The Reserve Bank of India is withdrawing the highest-value currency note just months before an election, when cash in circulation typically surges.
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Cash Circulation In Public Nearly Doubled In 6 Years Since Notes Ban
Six years after the shock move to ban 86 per cent of the currency in circulation, cash is still the king with official data showing close to doubling of cash with the public.
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Demonetisation Failed To Meet Objectives: Congress's Adhir Ranjan Choudhary
Congress leader Adhir Ranjan Chowdhury today criticised the government's November 2016 decision to demonetise high-value currency notes, claiming the move did not meet the desired goals as cash in circulation and fake currency have gone up.
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RuPay Credit Cards Will Be Linked to UPI Platform in a Few Months: NPCI MD
National Payments Corporation of India (NPCI) Managing Director and Chief Executive Officer Dilip Asbe said that in the next couple of months, RuPay credit cards will be linked to the UPI platform. He also mentioned that currency in circulation will reduce only when a third of the population starts using digital payment alternatives.
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Demonetisation PM's Whim, Done To Whitewash Black Money: Sitaram Yechury
CPI(M) general secretary Sitaram Yechury today said demonetisation was done to "whitewash" black money, amid reports that the current cash in circulation has jumped by more than 19 per cent from the pre-note ban days.
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"The Day Money Vanished": Foreign Media On 2 Years Of Demonetisation
In the United States, Nov. 8, 2016 is remembered as the day Donald Trump was elected president. In India, it is the day that cash disappeared. Exactly two years ago, India embarked on one of the boldest economic policy moves the world has seen in decades: the government abruptly invalidated the two most popular bank notes in circulation in what Pri...
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Opinion: Demonetisation Changed Savings Behaviour Of Indians
The Indian central bank's final tally of Prime Minister Narendra Modi's 2016 demonetization drive, intended to take money derived from tax evasion out of circulation, showed that 99.3 percent of outlawed high-value banknotes had been returned.
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Woman Steals Food, Cash By Climbing Through McDonald's Window
A video, and its many versions, circulating online, show a woman climbing through a McDonald's drive-thru window to steal food and cash. The woman has been caught on camera and police is now offering a reward up to $500 to anyone who can share information about her.
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Did Notes Ban Curb Cash, Terrorism And Boost Formal Economy? A Fact Check
If the government is to be believed, demonetisation has not been a failure, despite the return of 99 per cent of the banned notes. They claim it has been a success
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UP Elections 2017: Muzaffarnagar, So Brutally Hit By Riots, Decided Its 6 Seats Today
Standing in a long line of voters, Barkat Ali says his choice has been decided by one issue: Prime Minister Narendra Modi's sudden demonetisation move that pulled 86 per cent of the cash in circulation in one go.
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Hamas Struggles To Pay Fighters As War With Israel Drains Out Cash
Experts estimate around $3 billion in cash may still circulate in Gaza, but getting access to it has become nearly impossible.
-
Binance and Circle Partner in Bid to Boost USDC Stabecoin Adoption
Binance and Circle have partnered in an attempt to boost stablecoin adoption globally. As for Circle, its USDC stablecoin pegged against the US dollar could see adoption among Binance’s significant user base of over 200 million users.
-
King Charles Currency Enter Circulation For First Time Since Coronation
British banknotes bearing the image of King Charles III entered circulation for the first time on Wednesday, nearly two years after he succeeded his mother Queen Elizabeth II.
-
RBI Governor Says Permanent Deletion of Transactions Would Make CBDCs Like Cash Notes
RBI governor Shaktikanta Das disclosed some more intricacies about the eRupee. Speaking at the BIS Innovation Summit 2024, in Basel, Switzerland, Das has said that India’s CBDC would offer the same privacy for transactions that cash notes offer.
-
Congress MP's 2022 Post On Black Money Is Viral. Crores Seized From Him
A seemingly harmless 2022 post on X about rampant corruption and the extensive circulation of black money is being shared widely on social media and is now viral.
-
Move To Withdraw Rs 2,000 Notes Affects Only 11% Currency In Circulation
The Reserve Bank of India is withdrawing the highest-value currency note just months before an election, when cash in circulation typically surges.
-
Cash Circulation In Public Nearly Doubled In 6 Years Since Notes Ban
Six years after the shock move to ban 86 per cent of the currency in circulation, cash is still the king with official data showing close to doubling of cash with the public.
-
Demonetisation Failed To Meet Objectives: Congress's Adhir Ranjan Choudhary
Congress leader Adhir Ranjan Chowdhury today criticised the government's November 2016 decision to demonetise high-value currency notes, claiming the move did not meet the desired goals as cash in circulation and fake currency have gone up.
-
RuPay Credit Cards Will Be Linked to UPI Platform in a Few Months: NPCI MD
National Payments Corporation of India (NPCI) Managing Director and Chief Executive Officer Dilip Asbe said that in the next couple of months, RuPay credit cards will be linked to the UPI platform. He also mentioned that currency in circulation will reduce only when a third of the population starts using digital payment alternatives.
-
Demonetisation PM's Whim, Done To Whitewash Black Money: Sitaram Yechury
CPI(M) general secretary Sitaram Yechury today said demonetisation was done to "whitewash" black money, amid reports that the current cash in circulation has jumped by more than 19 per cent from the pre-note ban days.
-
"The Day Money Vanished": Foreign Media On 2 Years Of Demonetisation
In the United States, Nov. 8, 2016 is remembered as the day Donald Trump was elected president. In India, it is the day that cash disappeared. Exactly two years ago, India embarked on one of the boldest economic policy moves the world has seen in decades: the government abruptly invalidated the two most popular bank notes in circulation in what Pri...
-
Opinion: Demonetisation Changed Savings Behaviour Of Indians
The Indian central bank's final tally of Prime Minister Narendra Modi's 2016 demonetization drive, intended to take money derived from tax evasion out of circulation, showed that 99.3 percent of outlawed high-value banknotes had been returned.
-
Woman Steals Food, Cash By Climbing Through McDonald's Window
A video, and its many versions, circulating online, show a woman climbing through a McDonald's drive-thru window to steal food and cash. The woman has been caught on camera and police is now offering a reward up to $500 to anyone who can share information about her.
-
Did Notes Ban Curb Cash, Terrorism And Boost Formal Economy? A Fact Check
If the government is to be believed, demonetisation has not been a failure, despite the return of 99 per cent of the banned notes. They claim it has been a success
-
UP Elections 2017: Muzaffarnagar, So Brutally Hit By Riots, Decided Its 6 Seats Today
Standing in a long line of voters, Barkat Ali says his choice has been decided by one issue: Prime Minister Narendra Modi's sudden demonetisation move that pulled 86 per cent of the cash in circulation in one go.
