Minting Money

Seven Nashik's CNP employees booked for using dummies in recruitment exam

The Mumbai police have registered a case against seven employees of the Currency Note Press (CNP) in Nashik for allegedly using dummy candidates during a recruitment examination held here in 2022, an official said on Tuesday. The case, registered with Upanagar police in Nashik last month, was transferred to Powai police on Monday, as the examination for 149 vacancies across various posts took place at a centre in the area, he said. The accused, Raviranjan Kumar, Sandeep Kumar, Shishupal Kumar, Ayush Raj, Rajib Singh, Sandip Kumar, and Ashutosh Kumar, hail from Nalanda district in Bihar. The irregularities came to light when their education certificates were found to be fake during the verification process, the official said. Further probe by the vigilance department revealed that the accused had used dummy candidates to appear for the recruitment exam in 2022.

Bigger rise in cash in circulation in Jan-Apr than entire 2019: RBI

The rise in currency in circulatiom is perplexing when economic activity has nosedived. Generally, CIC should rise in tandem with growth in economic activities, as people need cash to transact

Minting Money: Trucks loaded with imported paper tell story of currency rush

In the last of a four-part series, Business Standard visits Mysuru to find out how demonetisation has stepped up the speed of work at the most sophisticated currency press in the country

Minting Money: Printing currency is like 'national service' for the staff now

In the third of a four-part series, Business Standard travels to Nashik to assess how the currency press here is responding to demonetisation

Demonetisation: Retired workers in demand at currency press as workload goes up

In the second of a four-part series, Business Standard checks out the currency press in Dewas