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Cash-to-GDP ratio falls to 11.11%; note circulation at ₹37L cr

The New Indian Express Mangaluru

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May 30, 2025

The value of banknotes in circulation-to-GDP ratio continues to see a decline as the same fell to 11.11% in FY25 as against 11.5% in FY24, as per the RBI annual report.

- Dipak Mondal @ New Delhi

The value of banknotes in circulation to GDP ratio was 12.5% two years ago in FY23, indicating success of digital payments.

The value of banknotes in circulation rose by 6% in FY25 to ₹36.88 lakh crore as against ₹34.78 lakh crore, as per the report, which was released on Thursday. As per the RBI's Annual Report for 2024-25, currency in circulation—including banknotes, coins, and digital rupee (e₹)—continued to expand, driven by demand for cash alongside growing adoption of digital alternatives.

The New Indian Express Mangaluru से और कहानियाँ

The New Indian Express Mangaluru

Economic Survey’s RTI mention plan to ‘murder’ it like MGNREGA: Kharge

LAUNCHING a scathing attack on the ‘Economic Survey’ that called for reexamining the Right to Information Act (RTI), Congress president Mallikarjun Kharge on Friday asked whether it was RTI's turn to get murdered after the UPA era rural job scheme MGNREGA.

time to read

1 mins

January 31, 2026

The New Indian Express Mangaluru

The New Indian Express Mangaluru

BJP, Congress spar over SIR debate in Rajasthan Assembly

THE Rajasthan Assembly witnessed repeated adjournments on Friday over the Special Intensive Revision (SIR) process, amid sharp exchanges between the ruling BJP and the opposition Congress.

time to read

2 mins

January 31, 2026

The New Indian Express Mangaluru

Kuwait-Delhi IndiGo flight diverted to Ahmedabad after bomb threat

A bomb hijack threat midair forced an IndiGo flight from Kuwait to Delhi to make an emergency landing at Ahmedabad.

time to read

1 min

January 31, 2026

The New Indian Express Mangaluru

Mahadalit woman’s forced cremation on road

SOUNDS unbelievable but a road passing through a small town in Bihar doubled up as a cremation ground, sending shockwaves across the region.

time to read

1 mins

January 31, 2026

The New Indian Express Mangaluru

Medical colleges miss SC order on interns’ stipend, NMC missing in action

DESPITE being pulled up by the Supreme Court and receiving reminders from the Union Health Ministry, the National Medical Commission (NMC) has failed to act against 65 medical colleges that have not submitted details of stipends paid to MBBS interns.

time to read

1 min

January 31, 2026

The New Indian Express Mangaluru

AI reshaping digital content: JioStar CEO

ARTIFICIAL intelligence is quietly reshaping the way people discover, watch and interact with digital content, Kiran Mani, CEO - digital, JioStar, said at the Indian Digital Summit 2026 organised by IAMAT in Bengaluru.

time to read

1 min

January 31, 2026

The New Indian Express Mangaluru

Centre to provide extra funding for reclaiming urban landfills under Swachh Bharat Mission

THE Ministry of Housing and Urban Affairs (MoHUA) has decided to extend additional financial assistance to cities to accelerate the remediation of legacy waste dump sites, in a renewed push to reclaim urban land and eliminate longstanding environmental hazards.

time to read

1 mins

January 31, 2026

The New Indian Express Mangaluru

CLUBBING ANEW TO OLD CHANTS

WHEN none less than the Prime Minister takes note of ‘bhajan clubbing’, it is time to deconstruct the cool.

time to read

3 mins

January 31, 2026

The New Indian Express Mangaluru

The New Indian Express Mangaluru

Govt preparing to launch AI Mission 2.0 after $70 bn funding in computing infra

INDIA is preparing to launch “AI Mission 2.0” following a $70 billion investment in computing infrastructure in the first phase, said Minister for Electronics and Information Technology Ashwini Vaishnaw on Friday.

time to read

1 min

January 31, 2026

The New Indian Express Mangaluru

Fiscal deficit hits 54.5% of full-year target by Q3

THE government's fiscal deficit by the end of December touched 54.5% of the annual budget target for 2025-26 to 78.55 lakh crore as aginst 56.7% in the year-ago period, as per the government data released on Friday.

time to read

1 min

January 31, 2026

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