Page 2 of Currency notes

banks, profit, margin, lending margins, RBI, Rs 2000 note, currency, low cost deposits

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

Rs 2000 note, currency, demonetization, legal tender, real estate, gold, economy, consumption, RBI, Shaktikanta Das, bumper dividend

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In a bid to quickly spend the 2,000 rupee notes that will be withdrawn over the next four months, Indians…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

Rs 2000 note, currency, currency circulation, legal tender, RBI Governor, RBI, Shaktikanta Das, currency cleaning, excahnge

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

currency, dollar, rupee, domestic markets, US Fed, financial sector, economic data

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

floating currency, exchange rates, flexible exchange rates, opinion, financial express, financial express editorial

Fifty years of floating currencies Premium Story

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, digital currency, cbdc, gdp,

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

polymer banknotes, polymer banknotes in india, indian currency

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

currency monitoring list, currency monitoring list of US, india currency monitoring list

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

In fact, the Fed’s single minded pursuit is to control CPI inflation which is running at a four-decade high of 9.10%.

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

But if the domestic currency sees sharp volatility, as it has in the past two days, the gains could be negated. Benefits to domestic exporters also hinge on the movement of currencies of India’s competitors in the global market.

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

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A startup founder, who was on an H-1B visa in the US, shared why he left his software engineering job and returned to India in 2010.

‘Left US to build American-Indian (AI) dream’, entrepreneur says many giving up H-1B visa for India

Returning to India after H-1B denial: Reddit user shares lease break dilemma, says ‘they’re asking me to…’

Indian team to visit US for trade talks this week

World News9 hr ago

Indian officials will visit the US to finalize a trade agreement by November-end. The talks were paused due to US tariffs, but have since resumed. Both sides are working towards reducing tariffs and increasing investments. The deal is crucial for Indian exporters, as trade between the two countries reached $212.3 billion in 2024.

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