Economic affairs secretary Subhash Chandra Garg said the govt suspects the cash shortage is due to ₹2000 notes being hoarded as they are not coming back into the circulation fast enough On 24 February ...

In what is likely India's biggest cash recovery in income tax raids, at least Rs 290 crore in hard cash has been recovered so far during raids in three states since yesterday. "Unaccounted" cash ...

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Mumbai: RBI Thursday hiked the trade related remittance limit from Rs 2 lakh to Rs 5 lakh per transaction, amid increased number of transactions handled by Exchange Houses.“On a review of the ...