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3 mins read

Bansal Wire IPO: Should you subscribe to it? Know all about it here

With 86% of its production sold within India, North India continues to remain Bansal Wire's primary…

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2 mins read

Petrol pumps are again the favourite hunting ground to dump Rs 2,000 notes

One of the major benefits of the Centre's decision to withdraw the Rs 2,000 currency note might be …

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3 mins read

Diwali week cash circulation declines for the first time in 20 years: SBI Ecowrap

For the first time since 2002 – that’s 20 years – currency in circulation has declined during…

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3 mins read

How demonetisation got India’s Cash to GDP ratio at par with advance economies like Germany and France

Demonetisation, it says, has brought the country’s currency in circulation to GDP ratio at par with…

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2 mins read

The US national debt isn't actually very high, BofA says

Bank of America says nominal GDP isn't the best comparison to use for federal debt, citing research…

Ayelet Sheffey   


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1 min read

RBI keeps repo rate unchanged at 7.25%, CRR unchanged at 4%

RBI says policy stance to be conditioned by fuller transmission of rate cuts by banks, food prices …

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8 mins read

Finance Minister Nirmala Sitharaman reveals the details of Modi's ₹20 lakh crore stimulus package

Indian Finance Minister Nirmala Sitharaman unveiled the details of the massive stimulus package, pr…

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4 mins read

COVID-19: CII suggests direct cash transfer of ₹5,000 to 40 crore people

Time is ripe to implement India's version of "Helicopter Drop" fiscal support scheme to avert an im…

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3 mins read

GDP contraction poses 'existential threat' to MSMEs, policy measures offer little succour: Report

He said a three-pronged strategy is essential now, which should include improvement in the sentime…

PTI   


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Fact Checking: RSS ideologue S Gurumurthy’s claims on demonetisation

Here are 5 claims by S Gurumurthy that were fact checked by BOOM and found to be largely untrue. Gu…

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3 mins read

Ushering in a tectonic shift in mobile payments

This is how it will work currently. You will need to download the UPI app and register a virtual ID…

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2 mins read

Warren Buffett's record $122 billion cash pile could be a sign that a stock-market crash is right around the corner

That ratio reached 154% in 2017 - surpassing the 146% it notched at the height of the dot-com bubbl…

Theron Mohamed   


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2 mins read

PayTM and Freecharge are rejoicing 2 days ahead of the budget. Here’s why

If there’s anybody who is having a ball right now, it’s a couple of startups operating in the digit…

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4 mins read

ATMs Are Passé. Now It’s Time To Use ‘Any Time Mobile’

75% of India’s ATM infrastructure caters to only 45% of banking customers based in Tier-I and Tier-…

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3 mins read

DEUTSCHE BANK: Cash is entering 'a long winter' - but don't expect it to die anytime soon

"The available evidence suggests that restrictions on cash use will probably reduce for-profit crim…

Will Martin   


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1 min read

Government aims to incentivise digital payments to make India a cashless or less cash economy

The central government’s ambitious plan to make digital payments equal to offline payments and ince…

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3 mins read

Billionaire investor Ray Dalio has a solution for China, but it'll need Beijing to radically remake its own rules

Dalio, whose company runs the biggest foreign hedge fund in China, says the country needs to start …

Matthew Loh   


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11 mins read

Big banks promised to protect the planet. Now they're doing an about-face.

Big banks and asset managers are a powerful force in fighting the climate crisis, but many of them …

Catherine Boudreau   


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5 mins read

President Joe Biden ended his reelection bid. What's next?

Biden's decision to leave the race came with an endorsement: Vice President Kamala Harris.

Dan DeFrancesco