Liquidity of banks to improve as Rs 2000 notes being deposited: Report “As per market trends, around 80 per cent of the total Rs 2000 notes received are deposited and the rest… May 30, 2023 20:55 IST
India is once again making money a plaything For the second time in recent years, India seems to have disregarded this maxim. In November 2016, Prime Minister Narendra… May 26, 2023 09:41 IST
Banks set for profit boost as RBI withdraws Rs 2000 note; Rs 2 trillion worth deposits expected by September The Reserve Bank of India’s move to withdraw the 2,000 rupees ($24) notes will lead to growth in deposits at… May 23, 2023 14:47 IST
India removing Rs 2,000 note may spur gold, property rush In a bid to quickly spend the 2,000 rupee notes that will be withdrawn over the next four months, Indians… May 22, 2023 14:50 IST
Purpose of Rs 2000 notes fulfilled, was to quickly replenish old Rs 500, Rs 1000 notes, says RBI Guv Das “Rs 2,000 notes were primarily introduced to quickly replenish earlier Rs 500 and Rs 1,000 notes,” RBI Governor Shaktikanta Das… May 22, 2023 11:38 IST
Expect rupee to appreciate amid USD retreat as Fed signals monetary tightening pause Currency firmed on anticipation that the US Federal Reserve was near the end of its rate hiking cycle. USDINR pair… March 27, 2023 12:34 IST
Premium Fifty years of floating currencies Over the past 50 years, many countries have decided that the benefits of floating exchange rates outweigh the advantages of… Updated: March 22, 2023 07:54 IST
UP: Five arrested for running fake currency note printing press in Firozabad, FICN worth Rs 3 lakh seized Three of the arrested were identified as Tejinder Singh, Vikas alias Vicky Boxer and Vikram Singh. January 10, 2023 18:28 IST
Does writing on Rs 2000, Rs 500, Rs 200 or Rs 100 notes make them invalid? RBI Clean Note Policy: Writing or scribbling anything on a banknote doesn’t make it invalid. January 8, 2023 14:52 IST
Digital rupee to complement, not replace, hard currency: RBI ED Speaking at an event of industry chamber PHDCCI, Choudhary called the launch of the digital rupee a “historic milestone” and… December 23, 2022 05:15 IST
Where have the Rs 2000 notes gone? Finance Ministry clarifies Central Government said on December 12 that no fresh Rs 2000 notes have been printed from 2018-19 onwards. Updated: May 19, 2023 19:33 IST
Is your Rs 500 note original? Beware of fake messages, check these features to avoid being duped Check features of original Rs 500 notes, how to identify a fake Rs 500 currency note December 11, 2022 09:35 IST
A case for polymer banknotes Polymer notes enable embedding enhanced security features that include see-through window and holograms, making them harder to counterfeit. They are… November 14, 2022 04:30 IST
India out of currency monitoring list of US In 2021, the treasury department had, once again, put India on the “monitoring list”, along with 10 other economies, including… November 12, 2022 05:30 IST
Finally, cash loses the king status, first time in 20 years! Currency circulation in the country declined during the recently concluded Diwali. This has happened for the first time in 20… November 3, 2022 12:31 IST
Rupee remains best performer against other global market currencies; watch out for these levels in INR Considering all the aspects globally and domestically, the pressure on the USDINR pair seems bound on the upside September 11, 2022 09:20 IST
Managing currency risks: Go for global funds to offset losses Diversify your portfolio by taking global exposure through the international funds and ETFs launched by Indian fund houses July 25, 2022 00:15 IST
Made for millennials: A new way to pay in foreign currency MoneyHOP’s app linked to a multicurrency bank account enables millennials to do real-time currency exchange and make payments in any… May 18, 2022 00:45 IST
Trade deficit widens in April: Where are India’s trade deficit, rupee headed in FY23? experts answer Barclays says it expects the trade deficit to widen to $250 bln in FY 2023, which would be the largest… May 4, 2022 09:53 IST
Rupee fall to help but stable currency desirable: Exporters Mahesh Desai, chairman of the engineering exporters’ body EEPC, said the impact of currency depreciation will come with a time… February 26, 2022 06:15 IST
India’s first international exchange growing daily turnover, working on new products | India INX INTERVIEW Located at the strategically important GIFT IFSC, India’s first international exchange, the India INX, has set a goal to grab… September 15, 2020 12:48 IST
Newly designed Indian currency notes likely soon Newly-designed currency notes are likely to circulate in the country soon with the Reserve Bank of India board on Thursday… May 20, 2016 12:08 IST
