Cash crunch grips nation again; 3 possible reasons why

TELLING MESSAGE A resident greeted with

Mr. Jaitley said that he reviewed the currency situation in the country and indicated that the temporary shortage in currency was mainly due to sudden and unusual increase in some areas.

Cash-starved customers in large numbers started queuing up outside ATMs and banks since early Tuesday morning to withdraw currency notes from vending machines, but majority were either out of service or had a board notifying "no cash". "We are facing a situation similar to the government had scrapped 500- and 1000 rupee notes that triggered a cash shortage", he said.

Latest National Weather Service update on weekend storms
Radar showed circulation in a thunderstorm near the Catawba River around 3:30 p.m., Observer correspondent Steve Lyttle reported. On top of the tornadoes we also had over 150 reports of large hail and thunderstorm wind damage as well.

There is also a severe shortage of Rs 2,000 denomination currency notes as they are neither being supplied by the Reserve Bank of India since September 2017 to banks nor are they coming back from customers in the form of deposits, many media reports claimed.

The Congress party also slammed the government for the cash crunch, questioning if the cash shortage was deliberate. "It'll be done in 3 days", SP Shukla, Minister of State for Finance told ANI. ANI on Tuesday quoted people as saying in Bhopal that they have been facing cash crunch for the last 15 days as the ATMs are not dispensing currency notes. ATMs are not dispensing cash. Jaitley's comments come in the wake of people from at least six states, including Gujarat, Maharashtra, Madhya Pradesh, complaining that the ATMs have run dry. Complaints of cash crunch have been reported from semi-urban and rural regions of the states.

Russian Federation may have tampered with chemical attack site, United States envoy says
They had been expected to start their investigation into the alleged Douma attack on Saturday. He didn't elaborate or name the state.

Recently, the cash situation has detoriated across India, last month the cash situation in Andhra Pradesh and Telangana got so detoriated that the banks have chose to get cash from Maharashtra and Kerala for Telangana and for Andhra Pradesh, it got transferred from Odisha and Tamil Nadu. After this exercise (demonetisation), the currency in circulation increased to Rs 16,50,000 crore.

"News reports say that ATMs around the country are running of out cash". Who are the persons creating shortfall of cash?

Have Mercy! John Stamos is officially a father
Stamos, 54, married actress Caitlin McHugh , 32, in February after popping the question at his beloved Disneyland last October. John Stamos' house just got a little fuller! "I asked.she said yes!.And we lived happily ever after", the actor posted .

He had taken up the issue with the Union Government, Mr Chouhan added. At a farmers' convention on Monday, the chief minister said that Rs 2000 currency notes are missing from the market even as the notes in circulation are more than pre-demonetisation. This is a conspiracy to create problems.

Related News:

  • Sexual assault survivors can now report anonymously through Manitoba community agencies

    Sexual assault survivors can now report anonymously through Manitoba community agencies

    Manitoba sexual assault survivors can now anonymously report the abuse to any one of three different community agencies. Third-party reporting won't replace traditional reporting, but will be treated for informational purposes only.
    Allegiant Air goes on defensive after explosive

    Allegiant Air goes on defensive after explosive "60 Minutes" report

    We will continue to work with Allegiant and our regulatory partners in providing safe travel experiences for our passengers. Allegiant also canceled or rescheduled 11 separate flights leaving Las Vegas, its headquarters, during that month.
    Ant McPartlin report catches vehicle  crash live on TV outside court

    Ant McPartlin report catches vehicle crash live on TV outside court

    Wearing a black, three-piece suit, white shirt and black tie, McPartlin stood in the glass dock in court, sporting a light beard. The driver of a black BMW which was hit by Ant's auto described it as going round the corner "like a rocket".
  • Olynyk helps Heat to Game 2 victory over 76ers

    It wasn't, however, because he was in foul trouble (only one personal foul on the night). For the 76ers, Ben Simmons' 24 points, eight rebounds and eight assists were in vain.
    Trump Campaign Raises $10.1 Million as Legal Matters Grow

    Trump Campaign Raises $10.1 Million as Legal Matters Grow

    Trump has opted - unlike presidents before him - to begin actively fundraising in the early part of his first term. Trump filed for reelection in the day when he took office, what was an unusual step for an incumbent President.
    Syrian air defenses repel strike on Shayrat air base in Homs - SANA

    Syrian air defenses repel strike on Shayrat air base in Homs - SANA

    Israeli interventions: Tel Aviv has carried out multiple airstrikes on Syrian government targets during the conflict. Asked about the incident, an Israeli military spokesman said: " We don't comment on such reports ".
  • Boston Bruins: The B's were unable to execute in game 3

    Boston Bruins: The B's were unable to execute in game 3

    The speed was most noticeable in the neutral zone and the skill most particularly on Matthews' game victor in the second period. Dominic Moore , a healthy scratch in the first two games of the series, was added to the lineup Monday in place of Komarov.
    Modi leaves for Sweden on his three-nation tour of Europe

    Modi leaves for Sweden on his three-nation tour of Europe

    They say they want direct answers from PM Modi about why crimes against women, Dalits and minorities have increased in India. Besides Modi, prime ministers of Sweden, Finland, Norway, Denmark and Iceland will attend the summit.
    CN Tower closed, Rogers Centre assessing damage due to falling ice

    CN Tower closed, Rogers Centre assessing damage due to falling ice

    Basically, the icy conditions in Toronto have caused plenty of issues, canceling schools and leaving thousands without power. The Kansas City Royals had their last two Sunday home games at Kauffman Stadium postponed due to frigid temps.
  • Netflix hits 125 million subscribers worldwide

    Netflix hits 125 million subscribers worldwide

    Two Sigma Securities Llc decreased Ishares Tr (Call) (IWF) stake by 32,087 shares to 7,500 valued at $1.01 million in 2017Q4. Apart From the energy sector, the earnings growth is estimated to reach 16.9 percent, according to Thomson Reuters.
    IPL 2018: Kolkata Knight Riders vs Delhi Daredevils preview and possible lineups

    IPL 2018: Kolkata Knight Riders vs Delhi Daredevils preview and possible lineups

    KK are coming onto this match after facing a loss in their last match , but Daredevils won their last match . That's the end of KKR innings as Tewatia picks up three wickets in the final over to restrict the host.

    James Comey claims Donald Trump is "morally unfit to be president"

    He said Sessions responded by not meeting his gaze, darting his eyes around, and letting Comey know he was on his own . In October a year ago , it was revealed that the dossier had been funded by Fusion GPS, led by Glenn Simpson.


Most liked

Missoula armed robbery suspect charged with attempted deliberate homicide
Two days after a 21-year-old man was stabbed to death , police arrested three men who had attacked him during a robbery bid . Anthony Michael Gutierrez, 17, died about an hour after being shot, and a second teen was wounded but survived, police said.

Syria forces enter Douma, last holdout in rebel bastion - state media
The government's capture of Douma, the last town held by the rebels in eastern Ghouta , marks a major victory for Assad. Separately, Syrian state television has reported a missile attack near Homs targeting Shayrat airbase.

Syria: missiles fired at air base near Homs
Israeli interventions: Tel Aviv has carried out multiple airstrikes on Syrian government targets during the conflict. Overall, the United Nations estimates that 13 million Syrians including six million children need humanitarian aid.

Alfie Evans' parents lose legal fight to move son to Italian hospital
Alfie, whose battle has inspired the support of thousands across the world, suffers from an undiagnosed brain disease. Last month, Mr Justice Hayden had ruled that it was in Alfie's best interests for his treatment to be withdrawn.

Actor Harry Anderson of 'Night Court' series is dead
He went on to reunite with Larroquette with a guest-starring role in The John Larroquette Show in 1996. According to a report from Variety , Anderson was found dead at his home in Asheville, North Carolina.

Mainz vs. Freiburg affected by VAR farce, toilet-roll torrent
Daniel Brosinski tried his luck before halftime when his shot took a deflection off Freiburg defender Marc Oliver Kempf's hand.

Epic is considering more than 100 players for Fortnite
Perhaps this higher-than-100 player mode could be tested as a Limited Time diversion to gauge reception among players. Each class has different collision "volumes" on the different characters.

Carroll's late strike leaves Potters in peril
He added: "I must have walked under a ladder or broken a mirror somewhere because I have not had any luck whatsoever". The hosts are seven points clear of the relegation zone, with Stoke five points adrift of safety with four games left.

Russia: Syria chemical attack staged by foreign agents
The ministry also pointed at previous use of chemicals by the rebels in fighting with Syrian government troops. Moscow alleged soon after the suspected April 7 attack that the images of the victims in Douma were fakes.

Jim Comey trying to sell books, not save America: Kellyanne Conway
Conway attempted to walk back her remarks on Comey via a Monday morning tweet, after her interview . Conway appeared to reverse her statement later Monday morning during an interview with CNN .

Woolworths shuts doors across the country due to IT outage
Supermarket giant Woolworths has suffered an IT outage this afternoon which affected registers at its stores nationwide. A technical issue has forced Woolworths shops across Australia to close.

Trump Wants To Review Seized Cohen Documents To Assert Privilege
Setting the scene for more potential fireworks is Stormy Daniels' intention to attend the hearing, according to her lawyer. Cohen first so that she and the president can look at them and decide if any are protected by attorney-client privilege.

Manchester City crowned Premier League Champions following Man United defeat
City, who beat Tottenham 3-1 on Saturday, were all set to be crowned champions if United lost at Old Trafford against West Brom . There would've been more tension as Guardiola attempted a 10ft putt on the 18th hole to win the round.

Dez Bryant: 'Everything is still up in the air'
Though he's no longer the same player, he still seems to have plenty left in the tank. His departure saves them $8 million in salary cap space.

Man City wins Premier League after United loses to West Brom
And they can thank fierce rival Manchester United for that. "I trust in my work, that is for sure", added Mourinho. Mourinho also blamed United's overcomplicated play on their defeat to bottom-side West Brom .