New payment law shocks retailers: No more surcharges or turning away shoppers at checkoutNew York has started a new law to protect people who pay with cash. The rule comes during a penny shortage and changes how stores round pri...
24 Mar, 2026, 01.38 AM IST
AI wealthtech draws VCs; H-1B registrations dipHappy Monday! AI is changing wealth management startups, a trend which has caught the interest of venture capital investors. This and more ...
23 Mar, 2026, 08.16 AM IST
US penny shortage impacts retailers as Mint stops production: businesses round down cash transactionsUS businesses face penny shortages after the Trump administration ended one-cent coin production in May, 2025. Retailers round cash sales t...
01 Nov, 2025, 09.26 AM IST
Government admits shortage of coins, to expand capacityJayant Sinha said that counterfake currencies are a "threat" to the nation and hence the govt "has been taking and will take" all steps to ...
10 May, 2016, 03.31 PM IST
Toll operators 'pray' to temples for coinsMajor supply of coins to toll operators comes from RBI, but they are forced to explore other sources to replenish their stock and keep the ...
19 Jan, 2015, 01.10 PM IST
Hyderabad liquor vendors create paper money to beat coin shortageThe owner of a liquor retail chain said each of his shops is saving at least Rs 1,000 a day now, money which used to be spent earlier to pr...
18 Jul, 2014, 06.23 AM IST
Shortage of coins gets worse, causing frustration and lossThe RBI has confirmed the huge shortfall in supply of coins: in 2012-13, only 6,878 mn coins were released though the indent was for 9,554 ...
19 Sep, 2013, 05.00 AM IST
Steps taken to address high current account deficit: GovernmentTo arrest widening current account deficit, a number of measures to boost exports and lower gold imports have been taken, government has sa...
23 Mar, 2013, 02.57 PM IST
- Acute shortage prompts traders to mint their own coins
Some traders in south Mumbai have minted their own small change in denominations of Re 1 and Rs 2 and circulated among themselves.
23 Jan, 2012, 09.41 PM IST
- One and two rupee coins through post offices
Select post offices in Kerala will soon make available Rs one and Rs two denomination coins in small lots of 100 pieces.
22 Jul, 2008, 09.36 PM IST
- Govt says attempting to lower personal loan growth
Government on Friday said there was a deliberate attempt to slow down the growth in personal loans as part of anti-inflationary measures.
25 Apr, 2008, 07.53 PM IST
- Govt to roll out Rs 10 coin in Diwali
The finance ministry will soon invite global tenders for manufacturing 30 crore pieces of Rs 10 coins amounting to Rs 300 crore.
15 Jan, 2008, 02.14 AM IST
- Shortage of coins push up chocolate sale
Sale of fifty paise chocolates in this city has picked up manifold not because of people's sudden love for it, but to tide over acute short...
27 Nov, 2007, 11.49 AM IST
- Government to introduce Rs 10 coins
The government has decided to introduce Rs 10 coins to supplement the demand for notes of the same denomination.
24 Aug, 2007, 07.00 PM IST
- RBI to overcome shortage of small coins, assures FM
Finance minister P Chidambaram on Tuesday said that the shortage of small coins in a number of cities will be overcome in the next four to ...
15 Aug, 2007, 03.45 AM IST
- No shortage of coins in mints: Govt
Finance Minister P Chidambaram on Tuesday said the shortage of small coins in a number of cities will be overcome in four to six weeks as R...
14 Aug, 2007, 03.30 PM IST
- You can now look for coins of steel
Two rupee and five rupee coins will now be made of steel! Faced with a sudden shortage of two rupee coins, the coinage division, under the ...
29 Mar, 2007, 02.24 AM IST