Cash

The woman identified as Selvamani said they found the sack on October 26, on their way home.

GST applies to taxable turnover, even if paid in cash: Karnataka Commercial Taxes Dept clarifies

As of now, 98,915 taxpayers in Karnataka are registered under the composition scheme. The department has also warned traders against discontinuing digital payment modes like UPI in response to recent notices.

India Inc’s cash pile growing twice as fast as its debt

India Inc’s strategy to build bigger cash reserves comes at a time when companies worldwide are grappling with economic uncertainties stemming from high interest rates, supply-chain realignments, tariff wars and geopolitical disruptions

Indian pharma companies sit on record cash pile, set sights on acquisitions

In FY25 alone, the cash pile increased by over Rs 10,200 crore, underscoring a decisive shift in the capital allocation priorities of India’s drugmakers

Cash segment turnover slips below Rs 1 lakh crore to hit 15-month low, F&O volume lowest in two years

Data from BSE and NSE shows that the combined average daily turnover in the cash market fell below Rs 1 lakh crore in February for the first time since November 2023. This also marks the eighth consecutive month of declining turnover on a month-on-month basis.

New realty LTCG regime may dampen prices, demand; return of cash may be limited: Experts

The removal of indexation may not only impact secondary transactions but also primary ones. They may also trigger a decline in demand for homes in the affordable or mid-range ticket sizes.

India may cut bond sales on high cash balances: Officials

The government is looking at multiple options to utilize its surplus cash and if the response to bond buybacks doesn’t improve it may cut borrowings, they said, asking not to be identified as a final decision will be taken in the full budget after the national elections are over next month.

Politics re-asserts the old adage: In Cash We Trust

There have been multiple attempts by economists, central bankers and government officials to wean the public off currency and nudge them towards using digital payment platforms but cash tends to bounce back

Cash deals waning, digital payments making rapid rise, shows RBI paper

The paper also said that the transactional use of cash is showing signs of decline, while the precautionary and store-of-value motives significantly influence the demand for currency in circulation (CiC).

UPI: The world needs India’s Digital Public Infrastructure, but can’t see the benefit

Making UPI more accessible for foreigners in India will improve the marketability of India’s DPI abroad. UPI using prepaid wallets are available presently only for visitors from G20 countries, and here too the functionality is limited forcing them to use cash for most transactions

Wadia Group stays away from Go First insolvency process

Cash-strapped Go First filed for bankruptcy in May, blaming ”faulty” Pratt & Whitney engines for the grounding of about half its fleet.

UPI’s path to securing global status is strewn with many obstacles

While UPI has undeniable potential to replicate its success overseas, strategic planning and concerted efforts are required

Cash is no longer trash for investors

Attractive yields make the case for building a savings pot for future bargains

Study identifies 45 of BSE500 companies sitting on Rs 68,900 crore excess cash

IiAS recently conducted an analysis of the S&P BSE 500 and identified 45 companies that have the potential to generate an additional Rs. 68,900 crore for their shareholders.

UN delays dual-currency cash help to refugees in crisis-hit Lebanon

Lebanon's local currency has lost more than 98% of its value since an economic meltdown began in 2019, straining both Lebanese families and the around 800,000 Syrians registered with the U.N.'s refugee agency.

Nearly two-thirds of Indians don't hold a single Rs 2,000 note, survey finds

According to a survey by LocalCircles, 6 percent of respondents held more than Rs 1 lakh in the soon-to-be-withdrawn currency note

Stubborn cash squeeze risks derailing economic recovery

After a surge in recent weeks, the weighted average call rate which Reserve Bank of India closely monitors, has shot above its policy rate ceiling of 6.75%.

ZestMoney 2.0: New leadership, assured variable pay for employees & profitability goals set

ZestMoney will be run by new leadership team of Mohit Chhajer, Mandar Satpute and Abhishek Sharma. The startup has 150 employees

People rush into drain in Bihar to collect bundles of cash. Viral video

So how did people find out that there is cash in the drain water in Bihar's Sasaram? Read the story to know the details.

How a former hotel staff and two automobile diploma holders ran a massive Telegram pump-and-dump scheme

In the Telegram channel, the trio represented themselves as 4 Research analysts with a combined experience of 40 years, who are in the "process of getting SEBI Research Analyst Registration".

Cash-starved Pakistan to receive another $1.3 billion from China

Addressing a press conference here, Dar said that the Industrial and Commercial Bank of China Ltd (ICBC) would provide the funding in the coming days.

Sweden is ditching cash. Just wait for the fallout

Switching to digital money risks shutting out some of the most vulnerable members of society

Adani Group's stocks rise after investor roadshow and reassurances of stability

The current roadshow represents a new initiative by the conglomerate, which operates in various industries from ports to power, to rebuild investor trust.

Digital transactions to soon exceed cash in India: PM Modi

Modi after the launch of the cross-border connectivity between the UPI and PayNow of Singapore said about 74 billion transactions amounting to more than Rs 126 trillion, which is approximately 2 trillion Singapore dollar, was done through UPI in 2022.

Despite market volatility, fund managers do not want to take big cash calls. Here’s why

Cash calls are usually taken when wealth managers want to protect investors’ money from the downside. “However, protecting the downside is only remembered for a short period of time. The bigger picture is always participating in the upside,” says Anoop Bhaskar of IDFC MF