Tag: currency
Rs 50 Cr In Banned Notes Seized In Gujarat On Poll Day
The Directorate of Revenue Intelligence (DRI) has recovered nearly Rs 50 crore in the banned currency of Rs 500 and Rs 1,000 denomination in Gujarat on election day, the Union Finance Ministry said on Sunday.....
Rupee Falls Further, Now Hits 72.35 Per Dollar
Continuing its slide, the Indian rupee touched another fresh low of 72.35 on Monday, weakening by 62 paise from its previous close of 71.73 per US dollar.....
Rupee Inches Closer To 73, Hits 72.91/$
Continuing its downward trend, the Indian rupee hit a new low of Rs 72.91 on Wednesday morning. ....
Jaitley To Support Modi's New Year Sops
Union Finance Minister Arun Jaitley on Sunday said that his ministry will do its best to support the steps announced by Prime Minister Narendra Modi on the New Year's eve. ....
Hawala Trader Paras Lodha Sent To Jail Till Jan 16
A court here on Monday sent to judicial custody, till January 16, hawala trader Paras Mal Lodha who was arrested for converting demonetised notes worth Rs 25 crore linked to industrialist J. Sekhar Reddy and lawyer Rohit Tandon into new currency.....
Mahatma Missing From Rs 2,000 Notes Withdrawn From MP Bank
Out shopping with some money he managed to withdraw from his bank in this Madhya Pradesh district, a farmer was shocked when shopkeepers returned the Rs 2,000 note saying it was a fake since it had no picture of Mahatma Gandhi on it.....
'Gandhi Will Gradually Be Removed From Currency Notes'
Anil Vij, a minister from Haryana, on Saturday sparked a fresh controversy, saying Mahatma Gandhi will gradually be removed from currency notes and that Modi is a bigger brand name than Gandhi. ....
RBI Hikes ATM Withdrawal Limit To Rs 10,000, Current Account Withdrawal Limits
The RBI on Monday hiked the daily ATM withdrawal limit from Rs 4,500 to Rs 10,000 and doubled the weekly Current Account withdrawal limit to Rs 1 lakh.....
Urjit Patel Asks Staff To 'zealously Guard' RBI Reputation
Following deep concern expressed by RBI employee unions over alleged government interference in the affairs of the central bank and opposition protests on the issue earlier this week, RBI Governor Urjit Patel has asked staff members to "zealously guard" the integrity of the institution.....
Demonetisation, A Right Decision At Right Time : PM Modi
Prime Minister Narendra Modi on Tuesday strongly defended his government's decision to ban high value currency notes, saying it was the right step taken at the right time to rid the Indian economy of tax evasion and black money.....
