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Page 28 - Currency

Army personnel deployed at Salboni, Dewas currency printing

The Dewas Security Press is printing new Rs 500 currency notes

Army personnel deployed at Salboni, Dewas currency printing
Updated On : 21 Dec 2016 | 8:55 PM IST

New currency notes worth over Rs 95 lakh sezied in Hyderabad

The matter would be reported to Income Tax department for further investigations

New currency notes worth over Rs 95 lakh sezied in Hyderabad
Updated On : 02 Dec 2016 | 3:24 AM IST

Cash still hot as a medium of exchange

Currency circulation in India as a percentage of GDP is 12%, versus Japan's high of 20%

Cash still hot as a medium of exchange
Updated On : 15 Nov 2016 | 1:50 AM IST

Sunday sees no let up in rush at ATMs; banks to be closed tomorrow

Delhiites started forming serpentine queues as early as 6 am outside ATMs and banks to try to get cash

Sunday sees no let up in rush at ATMs; banks to be closed tomorrow
Updated On : 13 Nov 2016 | 2:57 PM IST

Enough Rs 100 notes available, please don't hoard them: RBI

In the absence of adequate Rs 500 notes and complete elimination of Rs 1,000 denomination as of now, people have started panic hoarding of Rs 100 notes

Enough Rs 100 notes available, please don't hoard them: RBI
Updated On : 13 Nov 2016 | 12:33 PM IST

Patience wears thin as cash runs dry on Day 3

But RBI says enough cash available with banks; Rs 500/1,000 notes valid for key utility payments till Nov 14

Patience wears thin as cash runs dry on Day 3
Updated On : 12 Nov 2016 | 2:40 AM IST

Man with Rs 5.5 lakh cash falls to death in State Bank of Travancore, Kerala

The police are, however, unable to say whether it was an accident or a suicide

Man with Rs 5.5 lakh cash falls to death in State Bank of Travancore, Kerala
Updated On : 11 Nov 2016 | 3:02 PM IST

Currency demonetisation could lower inflation in the near future: Arvind Panagariya

He said demonetisation would move the entire Indian economy towards white which is a very good step

Currency demonetisation could lower inflation in the near future: Arvind Panagariya
Updated On : 11 Nov 2016 | 12:31 PM IST

Railway passengers fume as ticket counters refuse to take old currency

Passengers at New Delhi Railway Station complained that Rs 500 and Rs 1,000 notes were not being accepted at ticket counters

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Updated On : 10 Nov 2016 | 11:12 AM IST

Bank deposits will spike: How Rs 500, Rs 1000 note ban will impact economy

Here is a quick compilation of how leading brokerages and research houses interpret the development

Bank deposits will spike: How Rs 500, Rs 1000 note ban will impact economy
Updated On : 09 Nov 2016 | 11:29 AM IST

Complete chaos: ATMs dry out, tollgates and train counters refuse to accept Rs 500 notes

Travellers suffered as their notes were turned down in railway counters and hotels

Complete chaos: ATMs dry out, tollgates and train counters refuse to accept Rs 500 notes
Updated On : 09 Nov 2016 | 11:10 AM IST

What about my vegetables and fruits? Purchasing daily goods biggest problem for aam aadmi

Vegetable vendors, pharmacy shops, grocers all deal in cash and in panic refused to accept Rs 500 and Rs 1,000 currency

What about my vegetables and fruits?  Purchasing daily goods biggest problem for aam aadmi
Updated On : 09 Nov 2016 | 11:02 AM IST

86% of currency by value in India are of Rs 500 & Rs 1,000 denominations

This measure would mean that from midnight, almost Rs 6,32,600 cr in circulation in the form of Rs 1,000 notes would be illegal

86% of currency by value in India are of Rs 500 & Rs 1,000 denominations
Updated On : 09 Nov 2016 | 12:03 AM IST

Curse of Asia witching hours haunts currencies

In the global currency market, the darkest hour comes just as dawn is breaking in Asia

Curse of Asia witching hours haunts currencies
Updated On : 28 Oct 2016 | 1:16 AM IST

Commotion over rupee

FCNR redemption can be an opportunity to let the currency slide

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Updated On : 20 Sep 2016 | 9:40 PM IST

Foreign currency worth Rs 23 lakh seized from flier at Hyderabad airport

Foreign currency in the form of Saudi Riyals and UAE Dirhams was found

Foreign currency worth Rs 23 lakh seized from flier at Hyderabad airport
Updated On : 20 Sep 2016 | 2:31 PM IST

Currency derivative trade rises 36% to Rs 76 lakh cr in FY16

Individually, the turnover of currency derivatives at NSE increased to Rs 45 lakh cr in 2015-16, from Rs 30.2 lakh cr in the same period year-ago

Currency derivative trade rises 36% to Rs 76 lakh cr in FY16
Updated On : 10 Apr 2016 | 11:41 AM IST

Soumya Kanti Ghosh: Unravelling the flush-with-cash puzzle

Currency with the public surged by 34 per cent this fiscal even as some of the markers for such an increase behaved contrarily. But one thing is for sure: people have become more cautious about their transactions

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Updated On : 23 Mar 2016 | 10:07 PM IST