Demonetization

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Tezpur University researchers have a solution for fake currency: nano-ink!
India

Tezpur University researchers have a solution for fake currency: nano-ink!

Counterfeiting or fake currency is a problem that authorities across the globe have struggled to constrain. Miscreants are often drawn to counterfeiting as it's a real money-making (illicit) business, and it's hard to trace once the currency is in circulation.
RBI set to issue new 'greenish yellow' Rs. 20 notes
Business

RBI set to issue new 'greenish yellow' Rs. 20 notes

The Reserve Bank of India has announced that it would issue new Rs. 20 notes shortly. The notes in the Mahatma Gandhi (New) series will be greenish yellow in color and will bear the signature of Governor Shaktikanta Das.
Unemployment at 45-year high after demonetization, stalled NSSO report shows
Business

Unemployment at 45-year high after demonetization, stalled NSSO report shows

During 2017-18, India's unemployment rate touched a 45-year high of 6.1%, a previously unreleased National Sample Survey Office (NSSO) report has revealed.
May need more currency as GDP size increasing: RBI official
Business

May need more currency as GDP size increasing: RBI official

With the country's Gross Domestic Product (GDP) size increasing in quantitative terms, there could be a need for more currency in the economy, a Reserve Bank of India official said today.
India's GDP to grow 7.5% in next two years: World-Bank
Business

India's GDP to grow 7.5% in next two years: World-Bank

India's GDP is expected to grow at 7.3% in the fiscal year 2018-19, and 7.5% in the following two years, the World Bank has forecast, attributing it to an upswing in consumption and investment.
RBI to release new Rs. 20 note soon: Details here
Business

RBI to release new Rs. 20 note soon: Details here

The Reserve Bank of India (RBI) is soon set to introduce new Rs. 20 note with additional features, according to a document of the central bank.
Half of India's ATMs might shut down in 2019
India

Half of India's ATMs might shut down in 2019

Nearly 50% of ATMs in India might be shut down by March 2019 owing to regulatory changes that are making it unviable to operate ATMs, warned industry body Confederation of ATM Industry (CATMi) on Wednesday.
Jaitley defends demonetization, dubs it an 'ethical move not political'
Politics

Jaitley defends demonetization, dubs it an 'ethical move not political'

Union Finance Minister Arun Jaitley today defended demonetization, saying it was a "highly ethical" move and not a political one.
Let non-Gandhi become Congress' President: PM Modi replies to Tharoor
Politics

Let non-Gandhi become Congress' President: PM Modi replies to Tharoor

Prime Minister Narendra Modi, on Friday, said he would appreciate the Nehruvian legacy if Congress made anyone who isn't part of the Gandhi family, its President for five years.

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