currency
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Crime and Accident
Fake currency smuggler sentenced to 5 yrs in jail
Kolkata: A special NIA court here on Wednesday sentenced a man to five years in jail and imposed a fine of Rs 14,000 on him for smuggling fake Indian currency notes,…
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Business
Rupee settles at 72.87 against US dollar
Mumbai: The rupee strengthened 73 paise and crossed the crucial 73-mark against the US dollar on Tuesday supported by a weak American currency and positive domestic equities. Forex traders said the…
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India
23.3 percent of the decline of currency notes
Hyderabad: Currency notes of Rs 2,000 were not printed at all in financial year 2019-20, according to the Reserve Bank of India (RBI). The central bank’s Annual Report for 2019-20…
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Crime and Accident
Two persons held with demonetised currency worth over Rs 4 cr
Godhra: Gujarat Police on Tuesday detained two persons and seized demonetised currency worth over Rs four crore from their possession in Godhra, Police said. The police has registered case and…
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India
Rupee settles 8 paise lower at 74.83 against US dollar
Mumbai: The rupee slid 8 paise to close at 74.83 to the US dollar on Friday, tracking lacklustre equities amid worries that the US-China friction will further dent global economic…
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Business
Rupee to average at 77 per USD in 2020, 80 in 2021: Fitch
Snapping its four-session losing run, the rupee on Tuesday gained 26 paise to settled at 75.94 (provisional) against the US dollar after Finance Minister Nirmala Sitharaman said the government is…
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Crime and Accident
Assam police seize fake currency worth around Rs 6L at Silchar
Silchar: Assam police on Saturday in a search operation seized a total of Rs 6,03,500 Indian fake currency notes and apprehended three persons in connection with the case. “Based on…
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Crime in Hyderabad
Fake Indian currency racket busted, 4 held in Hyderabad
Hyderabad: In a joint operation, the Commissioners Task Force and Asif Nagar Police on Tuesday busted a fake Indian currency racket and arrested four in connection with the case. The…
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Crime and Accident
DRI seizes smuggled fake currency of Rs 18.75 lakh
Nagpur: In a multi-state operation, the Directorate of Revenue Intelligence (DRI) has seized Fake Indian Currency Notes (FICN) smuggled from Bangladesh with a face value of Rs 18.75 lakh, an…
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Crime and Accident
Five persons held with Rs 1.48 cr in spiked Rs 1000 notes
Panaji: Five persons from Kerala’s Kasargod district at the Goa-Karnataka road border on Friday with notes of the demonetised Rs 1000 denomination, of the face value of Rs 1.48 crore,…
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Crime and Accident
Delhi: Foreign currency worth Rs 30 lakh seized from IGI airport
New Delhi: Officers of Central Industrial Security Force (CISF ) at Delhi’s Indira Gandhi International (IGI) airport on Thursday apprehended a passenger-carrying foreign currency worth approximately Rs 30 lakh. “CISF…
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Crime and Accident
One held with foreign currency at IGI airport
New Delhi: The Central Industrial Security Force (CISF) arrested a man carrying foreign currency worth Rs 1.2 crore at the IGI Airport, here. CISF spokesman Hemendra Singh told IANS on…
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Crime and Accident
1.13 kg Gold, foreign currency seized at Chennai airport
Chennai: Customs department officials on Thursday seized 1.13 kg of gold worth Rs 44 lakh and foreign currencies to the tune of Rs 11.5 lakh from passengers at Chennai international…
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Crime and Accident
Kerala: CISF nabs passenger in possession of foreign currency
Kochi (Kerala): Central Industrial Security Force (CISF) on Tuesday apprehended a passenger carrying foreign currency worth seven lakhs and demonetized banknotes worth Rs 4,500 at Cochin Airport. The passenger, identified…
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World
Venezuelan currency depreciates by 97.36% this year
Caracas: The Venezuelan currency, the bolivar, has depreciated by 97.36 per cent so far in 2019 amidst the ongoing economic crisis, according to the country’s Central Bank. On Thursday, it…
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Crime and Accident
Kerala: CISF nabs passenger in possession of foreign currency
Kannur (Kerala): Central Industrial Security Force (CISF) on Friday apprehended a passenger carrying foreign currency worth more than Rs 3 lakh at Kannur airport. The passenger, identified as Moosa Kooliyil,…
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Telangana
Telangana: More than Rs 6 crore fake currency seized, five held
Khammam: Telangana Police on Saturday nabbed five persons who were in possession of more than Rs 6 crore fake currency notes. The search for two more accused is underway. “Five…
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Crime and Accident
Rs 34.68 lakh fake currency seized in Gurugram
Gurugram: Gurugram Police on Friday seized counterfeit currency worth Rs 34.68 lakh from Civil Line area here. The fake notes were kept hidden in the dickey of a car. Car…
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World
Key financial partners wary of Facebook’s digital currency
San Francisco: Facebook that tied up with 27 organisations to start the non-profit Libra Association to launch its cryptocurrency next year appears to have hit a roadblock. According to a…
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Crime and Accident
CISF seizes foreign currency worth Rs 3.7 lakh from passenger
Kannur: A passenger was intercepted at Kannur airport and foreign currency worth Rs 3.7 lakh seized from him, the Central Industrial Security Force (CISF) said on Sunday. “On August 10…
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World
Trump accuses China of manipulating its currency
Washington: US President Donald Trump on Monday accused China of manipulating its currency by dropping the price of Yuan. “China dropped the price of their currency to an almost historic…
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World
Russia’s central bank mulls launching its own digital currency
Moscow [Russia]: The Central Bank of Russia’s president Elvira Nabiullina on Sunday said that the bank was considering launching its own digital currency. Nabiullina made the comments while speaking at…
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Crime and Accident
Pune: 3 held with demonetised currency worth over Rs 1 cr
Pune: Three people were arrested on Wednesday after demonetised currency with face value of over Rs crore was recovered from their possession, police said. According to Pune rural police, one…
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India
Draft law proposes 10-year jail term for dealing in cryptocurrency
New Delhi: Holding, selling or dealing in cryptocurrencies such as Bitcoin could soon land you in jail for 10 years. The “Banning of Cryptocurrency and Regulation of Official Digital Currency…
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News
NIA busts interstate fake currency gang, 2 held
New Delhi [India]: A National Investigation Agency (NIA) team has busted an interstate Fake Indian Currency Notes (FICN) gang and arrested two people responsible for wide circulation of fake currency…
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Crime and Accident
Fake currency seized by NIA in Gurugram, two held
Gurugram: The National Investigation Agency (NIA) seized fake currency with face value of Rs 1.2 crore, in denomination of Rs 2,000, in a raid here on Wednesday and arrested two…
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News
Hindu Mahasabha reiterates demand for Savarkar’s photo on currency instead of Gandhi
New Delhi: The right-wing Hindu nationalist political party, Akhil Bharat Hindu Mahasabha (ABHM) reiterated its demand to replace the picture of Mahatma Gandhi from the Indian currency with the picture…
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World
In major typo-error, Australian $50 note misspelt ‘responsibility’ as ‘responsibilty’
Canberra: The Reserve Bank of Australia on Thursday confirmed a printing error on the new 50 dollar note after a radio station posted a photo on social media sent in…
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Crime and Accident
Fake currency valued at Rs 1 lakh seized in Kolkata
Kolkata: Fake Indian currency notes (FICN) of Rs 1 lakh face value were seized in Kolkata and one person was arrested, police said on Saturday. Based on prior information, the…
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Kashmir
Srinagar: Truck carrying currency caught fire in South Kashmir
Srinagar: A truck carrying Indian Currency caught fire on NHW at South Kashmir’s Qazigund area just a day before the poll in Anantnag constituency. As per reports a Truck bearing…
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