Saving the Environment — and Cash — Through ‘Green’ Burials

April 4, 2022 – In 2017, Judy and Al Mowrer of Wooster, OH, decided they wanted to be “pushin’ up daisies” in the literal sense when they died – using their bodies to help the Earth prosper and give new life. So last year when Al died of multiple sclerosis at 74, he was wrapped … Read more

Over Rs 1000 crore worth of cash, drugs, liquor, freebies seized during assembly polls in 5 states

With the Election Commission stepping up vigil, more than Rs 1,000 crore worth of cash, drugs, liquor and freebies have been seized so far in the ongoing assembly polls in five states, a nearly four-fold increase in such seizures over the previous round of elections in 2017. According to an Election Commission statement, Punjab topped … Read more

To shore up cash, companies redeem liquid funds

Banks are shying away from short-term debt plans too as they aim to generate more treasury income in the absence of enough credit demand. Synopsis Overnight and liquid funds, where large companies park their short-term surplus cash, saw a net outflow of Rs 57,020 crore in May, reflecting the urgency to hold immediate cash. Low … Read more

Cash in circulation at a decadal high even as digital payments soar

From 12% of the GDP in FY16, currency usage slumped to 8% in FY17 following demonetisation, and has been gradually rising since. Synopsis Experts attributed higher cash storage to various factors: Withdrawal of benefit payouts and subsidies from Jan Dhan accounts, better agriculture output and farm-gate receipts, and even a statistical base effect. To be … Read more

Delhi govt’s festive gift: Cash equivalent of LTC, a special package for govt employees

Delhi government on Thursday announced that its employees can take cash equivalent of leave travel concession (LTC) if they opt for it, in a bid to boost the consumer spending during the festive season. The Aam Aadmi Party (AAP)-led Delhi government said a special festival package of advance will be also be accorded to all … Read more

I-T Dept raids Congress office in Patna, recovers Rs 8.5 lakh cash from car parked inside

Income Tax officials also questioned Bihar Congress in charge Shakti Singh Gohil and national media in-charge Randeep Surjewala in connection with the cash recovered as they were present at the Congress office then. File image for representation: Reuters The Income Tax Department on Thursday carried out raids at Sadakat Aashram, state headquarter of Bihar Congress, … Read more

LTC Cash Voucher, Festival Advance Transfer: How central govt employees benefit

The government on Monday announced two measures aimed at increasing consumer spending — the LTC Cash Voucher scheme and Special Festival Advance Transfer scheme. The schemes primarily focus on offering cash benefits to central government employees as the government believes that it will lead to higher consumer spending during the festive season. Both schemes that … Read more

LTC Cash Voucher, festival advance: Govt announces fresh measures to boost economy

Finance Minister Nirmala Sitharaman on Monday announced two schemes to incentivise consumer spending and boost the country’s GDP as part of the Centre’s fresh economic revival push. Sitharaman said the schemes announced today will specifically focus on boosting consumer spending and capital expenditure. As part of increasing consumer spending, Sitharaman announced two schemes — LTC … Read more