currency
- Business
India’s forex reserves drop to USD 695.35 bn
Mumbai: India’s forex reserves dropped by USD 6.925 billion to USD 695.355 billion during the week ended October 24, the RBI said on Friday. In the previous reporting week, the overall reserves…
- India
PM Modi unveils Rs 100 coin with Bharat Mata depiction at RSS centenary
New Delhi: Prime Minister Narendra Modi on Wednesday released a special postage stamp and a commemorative coin, which features the first-ever depiction of Bharat Mata on Indian currency, to mark the centenary…
- Business
RBI to use shredded banknotes in making particle boards
Mumbai: To make banknote disposal more environment-friendly, the Reserve Bank will use shredded banknotes for making particle boards and has started a process to empanel board manufacturers, according to its annual report…
- World
De-dollarisation: President Trump threatens BRICS with 100 pc tariffs
New Delhi: Expressing his stance against de-dollarisation vehemently on Friday, Donald Trump warned BRICS nations and threatened them with 100 percent tariffs on their exports if they try to replace the US…
- Business
NRI remittances surge to record USD 11.9 billion in April-Oct: RBI
New Delhi: Inflows into in non-resident Indian (NRI) deposit accounts surged to $11.9 billion in April-October during the current financial year, which is nearly twice the corresponding figure of $6.1 billion for…
- World
Trump threatens BRICS countries of 100 pc tariff if they drop dollar as currency
Washington: President-elect Donald Trump on Saturday warned BRICS countries against any move to replace the US dollar and has sought a commitment from the nine-member group that includes India, Russia, China, and…
- Business
Rupee rises 2 paise to 83.71 against US dollar in early trade
New Delhi: The rupee rose 2 paise to 83.71 against the US currency in early trade on Wednesday following a marginal dip in the dollar in overseas markets. At the interbank currency…
- Business
Rupee falls 9 paise to settle at 83.27 against US dollar
Mumbai: The rupee fell by 9 paise to settle at 83.27 against the US dollar on Thursday, December 21, as withdrawals of foreign funds amid concerns over global trade disruption through the…
- Delhi
DU degrees to have ‘currency-like’ security features to avoid duplication
New Delhi: Delhi University degree certificates will now come with more than a dozen “currency-like” security features such as a hidden image, invisible ink logo, and micro text to make them “nearly…
- World
Rupee falls 3 paise to revisit all-time low of 83.40 against US dollar
Mumbai: The rupee depreciated 3 paise to revisit all-time closing low of 83.40 against the US dollar on Wednesday amid a strong American currency overseas. Forex traders said a steep fall in…
- Business
Foreign exchange reserves fall USD 2.33 bln to USD 590.70 bln
Mumbai: The country’s foreign exchange reserves declined further by USD 2.335 billion to USD 590.702 billion for the week ended September 22, the Reserve Bank said on Friday. In the previous reporting…
- Hyderabad
Hyderabad: Cyberabad police plays a prank with a cause!
Hyderabad: When a wallet is found lying on road or any other public place, the passersby get tempted to pick it up. It gets more tempting if a currency note is seen…
- India
RBI says 88 pc of Rs 2,000 notes returned to banks
Mumbai: The Reserve Bank on Tuesday said 88 per cent of the Rs 2,000 banknotes valued at Rs 3.14 lakh crore have returned to the banking system after it announced withdrawal of…
- India
UP banks prepare to meet currency deposit rush
Lucknow: Nearly 905 branches of all banks in Lucknow and 12,000 branches across Uttar Pradesh have geared up for depositing and exchanging Rs 2000 currency notes from Tuesday. Separate counters have been…
- India
RBI withdraws Rs 2000 notes: Know India’s demonetisation history
The recent announcement by the Reserve Bank of India (RBI) to withdraw the Rs 2000 denomination notes, which were introduced following the 2016 demonetisation, has once again brought the spotlight on the…
