High Value Currency
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Cryptocurrency Crime Hits All-Time High in 2021, Up 79 Percent Year-on-Year: Chainalysis
Cryptocurrency-linked crime surged to a record high last year in terms of value, with illegal addresses receiving $14 billion (roughly Rs. 1,04,200 crore) in digital currencies, as per Chainalysis.
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One Arrested With Fake Notes Worth Rs 2.49 Lakh In Ghaziabad
The Anti Terrorism Squad of the Uttar Pradesh Police today arrested a person from Ghaziabad with high quality Fake Indian Currency Notes (FICN) having a face value of Rs 2.49 lakh.
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50 Lakh Lost Jobs Over 2 Years, Trend Began Just After Notes Ban: Report
Fifty lakh men lost their jobs in the past two years beginning November 2016, when Prime Minister Narendra Modi announced an overnight ban on high value currency, according to a new report. The timing of the start of the decline in jobs coincides with demonetisation but no "causal link" can be established based on the available data, says the repor...
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Rs 2,000 Note Printing Scaled Down To Minimum By RBI: Report
The printing of Rs. 2,000 notes, which debuted after Prime Minister Narendra Modi's shock demonetisation move in 2016, has been reduced to the "minimum" by the Reserve Bank of India (RBI), a top finance ministry official said today amid reports that it is being phased out.
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15 Months Post Note Ban, RBI Still Processing Returned Notes
The RBI has said that Rs 500 and Rs 1,000 notes, returned to banks when the government demonetised high value currency 15 months ago, are still being "processed for their arithmetical accuracy and genuineness"
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Demonetisation Helped Formalising Large Part Of Economy: Prime Minister Narendra Modi
The demonetisation of high value currency notes along with a series of other reform measures have resulted in formalising a large part of the Indian economy, Prime Minister Narendra Modi said today in the Philippines capital Manila.
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'Fought And Won Decisive Battle,' Says PM Modi On Notes Ban: 10 Points
Prime Minister Narendra Modi tweeted a seven-minute film early on Wednesday morning that he said encapsulates "the benefits of demonetisation," also stating that "125 crore Indians fought a decisive battle and WON." A year ago today, the Prime Minister had suddenly banned high value notes yanking 86 per cent of the currency in circulation at the ti...
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Did Notes Ban Choke Black Money, Terror, Fake Currency? One Year Later, A Fact Check
In his speech on November 8 last year, announcing the ban on high value currency, Prime Minister Narendra Modi set out the reasons for the dramatic move - striking a blow against black money, terrorism and fake currency.
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No Second Chance For NRIs To Deposit Their Currency: Sushma Swaraj
External Affairs Minister Sushma Swaraj has ruled out any new window of opportunity for NRIs or people of Indian-origin to deposit their high value Indian currency which was declared illegal after the demonetisation policy, a statement said on Tuesday.
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US Dollar Falls To Lowest Since 2015: Who Wins, Who Loses In 10 Points
The dollar index, which tracks the greenback against a basket of six major currencies like euro, Japanese yen, and British pound, fell to 91.082 today, its lowest level since January 2015. The latest trigger for the dollar weakness is the comment from European Central Bank chief Mario Draghi, who suggested the central bank may begin tapering its ma...
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Cryptocurrency Crime Hits All-Time High in 2021, Up 79 Percent Year-on-Year: Chainalysis
Cryptocurrency-linked crime surged to a record high last year in terms of value, with illegal addresses receiving $14 billion (roughly Rs. 1,04,200 crore) in digital currencies, as per Chainalysis.
-
One Arrested With Fake Notes Worth Rs 2.49 Lakh In Ghaziabad
The Anti Terrorism Squad of the Uttar Pradesh Police today arrested a person from Ghaziabad with high quality Fake Indian Currency Notes (FICN) having a face value of Rs 2.49 lakh.
-
50 Lakh Lost Jobs Over 2 Years, Trend Began Just After Notes Ban: Report
Fifty lakh men lost their jobs in the past two years beginning November 2016, when Prime Minister Narendra Modi announced an overnight ban on high value currency, according to a new report. The timing of the start of the decline in jobs coincides with demonetisation but no "causal link" can be established based on the available data, says the repor...
-
Rs 2,000 Note Printing Scaled Down To Minimum By RBI: Report
The printing of Rs. 2,000 notes, which debuted after Prime Minister Narendra Modi's shock demonetisation move in 2016, has been reduced to the "minimum" by the Reserve Bank of India (RBI), a top finance ministry official said today amid reports that it is being phased out.
-
15 Months Post Note Ban, RBI Still Processing Returned Notes
The RBI has said that Rs 500 and Rs 1,000 notes, returned to banks when the government demonetised high value currency 15 months ago, are still being "processed for their arithmetical accuracy and genuineness"
-
Demonetisation Helped Formalising Large Part Of Economy: Prime Minister Narendra Modi
The demonetisation of high value currency notes along with a series of other reform measures have resulted in formalising a large part of the Indian economy, Prime Minister Narendra Modi said today in the Philippines capital Manila.
-
'Fought And Won Decisive Battle,' Says PM Modi On Notes Ban: 10 Points
Prime Minister Narendra Modi tweeted a seven-minute film early on Wednesday morning that he said encapsulates "the benefits of demonetisation," also stating that "125 crore Indians fought a decisive battle and WON." A year ago today, the Prime Minister had suddenly banned high value notes yanking 86 per cent of the currency in circulation at the ti...
-
Did Notes Ban Choke Black Money, Terror, Fake Currency? One Year Later, A Fact Check
In his speech on November 8 last year, announcing the ban on high value currency, Prime Minister Narendra Modi set out the reasons for the dramatic move - striking a blow against black money, terrorism and fake currency.
-
No Second Chance For NRIs To Deposit Their Currency: Sushma Swaraj
External Affairs Minister Sushma Swaraj has ruled out any new window of opportunity for NRIs or people of Indian-origin to deposit their high value Indian currency which was declared illegal after the demonetisation policy, a statement said on Tuesday.
-
US Dollar Falls To Lowest Since 2015: Who Wins, Who Loses In 10 Points
The dollar index, which tracks the greenback against a basket of six major currencies like euro, Japanese yen, and British pound, fell to 91.082 today, its lowest level since January 2015. The latest trigger for the dollar weakness is the comment from European Central Bank chief Mario Draghi, who suggested the central bank may begin tapering its ma...
