Is the Rs 500 Note A Heavyweight? Discover The Costs Of Printing Indian Currency!

03 Nov 2024

The Reserve Bank of India (RBI) faces increasing costs in printing various currency notes, with input prices rising annually. A Past data reveals intriguing insights into the expenses incurred by the central bank for printing notes of different denominations. Printing Costs of Different Denominations According to information obtained through a...

Six Held as Assam STF Nabs Fake Gold, Counterfeit Indian Currency in Raid

12 Dec 2023

The Special Task Force (STF) of Assam Police made a significant breakthrough on Tuesday, apprehending six individuals and seizing counterfeit items, including fake gold and counterfeit Indian currency notes (FICN). The arrested individuals were identified as Debdas Halder (25), Santosh Mandal (40), Nitay Halder (48), Manuj Kumar (40), Saddam Hussain...

‘… jealous of Indian economy’: Sitharaman laments on Congress

12 Dec 2022

Nirmala Sitharaman, the Union finance minister, lamented on Monday that "Some people in Parliament are jealous" of the country's expanding economy in response to a question in the Lok Sabha over India's currency devaluation. “India has the fastest-growing economy but opposition has a problem with it. Everyone should be proud...

5 Places Where Indian Rupee Will Make You Feel Rich

22 Nov 2022

Given that our Indian currency is weak in comparison to the currencies of the majority of European nations, we usually gripe about how expensive travelling abroad is. Even though it may not be as valuable as the dollar or the pound, the Indian rupee is nevertheless more robust than many...

Rupee hits record low against US dollar, prone to fall further: Analysts

22 Sep 2022

The Indian rupee is expected to fall further after reaching a record low against the US dollar on Thursday, as the US Federal Reserve hinted at more aggressive rate hikes to combat inflation. The rupee opened at a record low of 80.2850 per US dollar, down from 79.9750 the day...