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Cash-strapped AP govt explores ways to raise funds

Last Updated: Wednesday, July 30, 2014, 17:37

Staring at fund crunch following the state bifurcation, the Andhra Pradesh government is seeking to re-orient its programmes, besides exploring ways to mobilise required financial resources.

Economic Survey favours direct cash subsidies for BPL households

Last Updated: Wednesday, July 09, 2014, 14:57

The government's pre-budget Economic Survey Wednesday suggested payment of subsidy in cash for those below poverty line through technologies like biometric identification, observing the current methodology has led to distorted resource allocation.

Woman tried to smuggle cash to Syrian rebels in underwear

Last Updated: Tuesday, July 08, 2014, 19:20

Two women, including a British student, today appeared in a court here accused of arranging to smuggle cash to jihadists in Syria after one was allegedly found with 20,000 euros in her underwear.

Carrefour says pulling out of India

Last Updated: Monday, July 07, 2014, 23:23

The company has five wholesale cash-and-carry outlets in India, where it has been active since 2010.

India yet to tap potential of mBanking: Report

Last Updated: Friday, July 04, 2014, 20:10

Only a quarter of Indian adults have either an active bank account or an active mobile money account.

India Inc records modest growth in cash reserves

Last Updated: Tuesday, June 10, 2014, 00:38

The Sensex flight masks an ugly reality of India Inc. With Sensex having closed at record high level of 25,580 on Monday, comes the bad news of marginal growth in cash reserves of Sensex companies’ last fiscal.

'India 13th largest non-cash payment market in the world'

Last Updated: Thursday, June 05, 2014, 17:40

India has become the 13th largest non-cash payment market globally, says a Frost & Sullivan report.

Panel recommends reinstatement of LPG subsidy transfer scheme

Last Updated: Thursday, June 05, 2014, 14:07

Months after the scheme to pay LPG users cash subsidy was put on hold, an expert committee has recommended its reinstatement after streamlining some processes as it helps prevent pilferages.

RBI first ever term reverse repo auction starts today

Last Updated: Monday, June 02, 2014, 11:23

Reserve Bank of India will conduct a 4-day term reverse repo variable rate auction for 150 billion rupees.

RBI to offer first ever term reverse repo auction on June 2

Last Updated: Friday, May 30, 2014, 22:59

The RBI on Friday announced its first-ever term reverse repo auction to drain excess cash from the banking system, which traders attributed to bunched-up government spending after elections.

Jessica Alba wishes to `just be at home`

Last Updated: Friday, May 30, 2014, 11:52

Jessica Alba has revealed that she feels like just being at home with her family.

CRR a useful tool in RBI's hands: SBI chief

Last Updated: Friday, May 23, 2014, 20:38

Unlike the views of her predecessor Pratip Chaudhuri, State Bank of India (SBI) Chairman Arundhuti Bhattacharya on Friday said cash reserve ratio (CRR) was an useful tool in the hands of regulator Reserve Bank of India (RBI).