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2 mins read

Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura

One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…

ANI   


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16 mins read

The risky allure of WiFi Money: private jets, sports cars, and ruined investors

A motley crew of Instagram-obsessed, hustle-culture influencers made millions. In their wake, they …

Rob Price   


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2 mins read

The wartime economy is making Russians hoard cold hard cash more than ever the money in circulation reached a record $187 billion in June

"People don't like depending on banks. Having cash means you have money," an economist told the Nov…

Huileng Tan   


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4 mins read

Stormy unchained: Lawyers for Trump and porn star struggled to control her after hush-money story broke in 2018

Years-old text messages between attorneys for Donald Trump and Stormy Daniels were entered into evi…

Natalie Musumeci   


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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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2 mins read

PIL filed against RBI, SBI notifications permitting Rs. 2000 note exchange, without ID proof

A Public Interest Litigation (PIL) has been moved in Delhi High Court challenging Reserve Bank of I…

ANI   


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2 mins read

A new spam email is circulating a Jeffrey Epstein-based money scam

In an email viewed by Business Insider, the sender claims to be Epstein's assistant offering $2 mil…

Haven Orecchio-Egresitz   


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3 mins read

The Kremlin has pumped so much money into the economy that it's creating a boom but this house of cards could topple anytime soon

The Russian government's measures have boosted demand — and prices — for a range of pro…

Huileng Tan   


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1 min read

Oregon police alert businesses after $1 million worth of phony 'movie money' was swiped in car break-in

Newport, Oregon Police said in a statement on Friday that the stolen money is labeled: For Motion P…

Taylor Ardrey   


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3 mins read

TikTok is profiting from livestreams where Syrian refugees beg for money, BBC investigation finds

The BBC visited a Syrian camp where people and their children begged on TikTok. Streams earned up t…

Cheryl Teh   


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2 mins read

A year past, currency circulation in India is back to pre-demonetisation levels

Though one of the intended purposes of the note ban was to nudge people into embracing digital…

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3 mins read

A top public sector bank told employees to restrict the circulation of ₹2,000 notes

A top public sector bank’s employees were told by the senior management not to dole out ₹2,000 note…

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1 min read

All is well? Rs 9.1 lakh crore in circulation as Rs 6.78 lakh crore remonetised

"Reports have been submitted by banks to Reserve Bank regarding the amount deposited in the banks a…

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9 mins read

Exclusive: Inside the extramarital affair and cash-fueled double life of Charles McGonigal, the FBI spy hunter charged with taking Russian money

"Charlie McGonigal knew everybody in the national security and law enforcement world," his ex-lover…

Mattathias Schwartz   


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2 mins read

Now the Queen has died, British money is going to look very different. Here's how it will change.

The process of replacing Queen Elizabeth's portrait with King Charles III's will take a number of y…

Mikhaila Friel,Maria Noyen   


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2 mins read

Drag artist says George Santos left Brazil in 2005 and returned in 2008 'with money' to compete and lose in Miss Gay Rio de Janeiro

"He was a big dreamer," drag artist Eula Rochard said of George Santos. "He wanted to get famous no…

Nicole Gaudiano,Virginia Alves   


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2 mins read

Ethereum co-founder Vitalik Buterin destroys 90% of his Shiba Inu holdings - almost half the coin's circulation

Shiba Inu creators gave 50% of all tokens to Ethereum co-founder Vitalik Buterin upon its launch. B…

Sophie Kiderlin   


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5 mins read

Cryptocurrency FAQs — Everything you need to know about the cryptocurrencies, the crypto market and everything in between

The cryptocurrency market is not the same as the stock market, especially when it comes to having t…

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1 min read

Carla Mozée   


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2 mins read

El Salvador's adoption of bitcoin as legal tender poses challenges for the network, JPMorgan says

A large portion of bitcoin is held up in illiquid entities, with more than 90% not being used in tr…

Shalini Nagarajan