Minister of State for Finance Anurag Thakur told Lok Sabha in a written reply last week that the printing of banknotes is done by the government in consultation with the RBI

During a crucial board meeting on November 19, 2018, the RBI decided to appoint a committee to decide on an appropriate size of reserves that the central bank should maintain and the dividend it should give to the government

Latest report by JLL puts revenue per room decline at 59 per cent for Bengaluru, sharpest among major cities.

Share Market Highlights on July20: Global equities were buoyed today as positive macroeconomic data flow and hopes of a COVID-19 vaccine boosted investor sentiment.

Admitting differences in licenses of PSUs and telcos, Supreme Court added that its ruling on the matter has been misinterpreted and could not have been made the basis of launching a demand against PSUs

Delhi violence: Atul Garg, Fire Department director has stated that he received 19 calls from 12 am till 8 am on Thursday from the violence affected areas of Northeast Delhi

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The message doing the rounds states that after December 31, citizens would not be able to exchange their Rs 2,000 notes

The government emphasised at the Rajya Sabha that a declining trend was visible in the hoarding of Rs 2,000 notes

In the end, we need to understand that the absolute elimination of cash is near to impossible in a big country like India however a substantial digital economy is possible

In September quarter of financial year 2016-17, public cash was valued at Rs 16.56 lakh crore. The very next quarter, which saw Rs 500 and Rs 1,000 notes being banned, currency with public nosedived 47 per cent sequentially to 7.85 lakh crore

Three years of demonetisation: Tharoor sought an apology from PM Modi stating that democracies don't burn people alive, but a simple apology for the decision would go a long way

A special court has granted anticipatory bail to P Chidambaram and his son Karti Chidambaram in both ED and CBI cases in Aircel-Maxis matter.

RBI board meet: Based on the Jalan panel recommendations, the RBI could start transferring its first tranche of surplus cash this calender, say reports

The Committee on Economic Capital Framework, which met on Wednesday for the final time, has reportedly recommended transferring of funds from both contingency and revaluation reserves to the government

The RBI might suggest about sub-lakh crore of transfers from its contingency reserves based on a formula devised by the Jalan panel members and it is likely to be Rs 50,000 crore

A Facebook spokesperson said that \"There are no plans to offer Calibra in India,\" \"As you may know, there are local restrictions within India that made a launch of Calibra not possible at this time.\" reported Bloomberg.

Budget 2019: People have appreciated the minister for bucking the trend, and are hoping she will throw surprises in her first budget speech as well

The transfer of RBI's reserves to the government has been a contentious issue; while some members say cash reserves should be transferred in a phased manner, the government wants to make it a 'one-time transfer'

The second bi-monthly Monetary Policy Statement of the current fiscal projects the GDP growth rate at 6.4-6.7 per cent till September but expects it to pick up pace to as much as 7.5 per cent in the second half of the fiscal