currency
- Business
S Korea to clamp down on cryptocurrency phishing activity
Seoul: South Korea said on Sunday it will strengthen its monitoring system against cryptocurrency-related phishing websites by working with the National Police Agency amid recent surges in prices of virtual money. The ICT…
- India
NIA court sends FICN racketeer to 6 years in jail
New Delhi: A special NIA court in Kerala’s Ernakulam on Monday sentenced a fake Indian currency note (FICN) racketeer to six years rigorous imprisonment besides imposing a fine in connection with the Thrissur…
- Middle East
UAE: Man fined for carrying Dh1 million on bicycle in Dubai
Dubai: In Dubai, a man has been fined for not following safety measures. He was carrying Dh1 million in a plastic bag on a bicycle. According to a report in Khaleej Times,…
- Business
Bitcoin’s market value tops $1 trillion
New York: The total number of cryptocurrency bitcoin trading is now collectively worth more than one trillion dollars (about Rs 72.73 lakh crore). CNN reports that the price of a bitcoin hit a number of new all-time…
- 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, officials said.…
- 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 domestic unit…
- 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 also showed…
- 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 further probe…
- 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 recovery. The…
- 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 working on…
- 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 a piece…
- 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 accused have…
- 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 official said…
- 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, a police…
- 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 apprehended a…
- 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 Sunday, Anil…
- 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 airport. The…
- 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 as Thomas…
- 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 stood at…
- 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, was found…
- 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 persons including…
- 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 driver Harsh…
- 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 report in…
- 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 at about…
- 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 low,” Trump…
- 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 a students…
- 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 accused in…
- 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 Bill 2019”…
- 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 notes in…
- 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 people, officials…
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