Monday, October 25, 2021

currency

India's forex reserves rise by over $2 bn

MUMBAI:India's foreign exchange reserves rose by $2.039 billion during the week ended October 8.The Reserve Bank of India's (RBI) forex reserves rose to $639.516 billion from $637.477 billion reported for the week ended October 1.

Andhra temple decorated with Rs 5 crore currency notes

HYDERABAD:  A temple in Andhra Pradesh has been decorated with currency notes of over Rs 5 crore as part of the ongoing Dasara celebrations.

UP woman duped of Rs 32 lakh by online friend

RAE BAREILY: A woman from Rae Bareli district in Uttar Pradesh has allegedly been duped of over Rs 32 lakh by a person whom she befriended on Instagram.

TN Police Museum inaugurated by CM Stalin

CHENNAI:  Chief Minister M.K. Stalin on Tuesday inaugurated the Tamil Nadu Police Museum set up at an outlay of Rs 6.47 crore.

PFC issues India's first-ever Euro Green Bonds

NEW DELHI:Power sector financier Power Finance Corporation Ltd has issued its maiden Euro 300 million 7 year Euro Bond issuance on September 13.

Taliban hands over seized cash, gold to Afghan central bank

KABUL: The Taliban has handed over about $12.3 million cash and some gold to Da Afghanistan Bank (DAB), the country's central bank, a statement said on Thursday.

Portfolio inflows boost India's forex reserves by over $8 bn

MUMBAI:Healthy portfolio, as well as general FDI capital inflows, further boosted India's foreign exchange reserves by $8.895 billion during the week ended September 3.

JD-U lawmaker asks Bihar SEC to take action against Tejashwi Yadav

PATNA:A lawmaker of Bihar's ruling Janata Dal-United on Friday asked the State Election Commission to take immediate action against Leader of Opposition in Assembly Tejashwi Yadav for allegedly distributing money to women of a village in Gopalganj district.

Need to allow money to flow into Afghanistan: UN envoy

UNITED NATIONS:The top UN envoy for Afghanistan has called for a modus vivendi for money to flow into the country and for efforts to address the dire humanitarian situation.

How to Exchange Bitcoin on a Website

Learning how to buy and sell Bitcoin can help you leverage the power of crypto coins. Nowadays, there are plenty of crypto exchange websites available. The websites support various payment options, which is quite a plus.

Sri Lanka declares economic emergency as food items go out of reach

COLOMBO/NEW DELHI:  Sri Lanka has declared an economic emergency, after a steep fall in the value of the South Asian country's currency caused a spike in food prices.

Rode's son arrested by Punjab police was a member of banned ISYF

PHAGWARA: Gurmukh Singh and Gagandeep, both arrested by Punjab Police in terror cases were members of banned (ISYF) International Sikh Youth Federation. Police told the magistrate who sent them on seven days police remand.

ISI-backed ISYF, banned terrorist organization, module busted in Kapurthala-Jalandhar Police arresting 2 key ISYF operatives

PHAGWARA: Punjab Police today busted a major terror module by arresting 2 key militant operatives of ISYF, a banned terror outfit, and recovered a huge cache of live grenades and tiffin bomb, alongwith pistols and ammunition from them.

Germany Altrim Publishers showcase Chandigarh’s architecture

CHANDIGARH: Chandigarh has always been an attraction for its architecture across the world. After making its presence felt on the currency of Switzerland and a famous shutterbug documentary on city architecture, Chandigarh architecture has now showcased in print “Chandigarh Through the Lens,” published by Altrim Publishers of Germany.

India's forex reserves rise by over $800 mn

MUMBAI: India's foreign exchange reserves rose by $835 million during the week ended July 16.
According to the Reserve Bank of India's (RBI) weekly statistical supplement, the reserves increased to $612.730 billion from $611.895 billion reported for the week ended July 9.

5 Reasons Why Online Casinos Are So Popular In India

In India, gambling carries a rich and long history. But the online casinos gained popularity very recently. There are many individuals in India who love to gamble. The majority of the Indian bettors opt for an online casino instead of the land-based ones. Why? Well, it’s because they have received many advantages by playing at the online casinos. For such reasons, the online gambling sector in India is growing at a rapid pace.

Will India Ever Consider Regulating Online Gambling in the Country?

India is one of the most populated countries worldwide and this is why many industries and businesses see it as a gold mine. It is ripe to be a thriving market for many industries including gambling. Why wouldn’t it be? The legality of gambling is subjected to each state which means that each of them could regulate gambling activities if they want to.

YouTube rolls out new tool to tip creators

SAN FRANCISCO: Google-owned YouTube is rolling out a new tool "Super Thanks" that will let users tip their favourite creators on the platform.
This new feature gives creators yet another way to earn money while also allowing them to strengthen relationships with viewers.

Currency Squeeze: Rupee expected to weaken further

MUMBAI: High imported commodity prices is expected to weaken the Indian rupee against the US dollar during the trade week ahead, experts opined.

Kapurthala police action against counterfeit note business, six arrested in special operation

KAPURTHALA: In a major crackdown against the illegal counterfeit currency trade going on in the city, the district police arrested six persons in the operation and seized Rs 1,47,000 fake notes of Rs 2000 and Rs 500, Rs 7500 in cash along with 30 packets of chemically treated paper used as raw material for making counterfeit currency, bottles filled with chemical and dyes and packets of chemical powder as well as three vehicles used to transport counterfeit currency.

Domestic holiday destinations gaining popularity in Lebanon

BEIRUT:The ongoing coronavirus pandemic and a shortage of US dollars have prompted many Lebanese people to turn to domestic destinations for holidays instead of travelling abroad.

Indian Government to Rethink Crypto Currency Ban, Industry Reports Say

A couple of draft Bills seeking a complete ban on cryptocurrencies in India failed for different reasons. Now, Central authorities are considering a committee that would propose a regulation of crypto assets and blockchain technology. Digital industry experts welcome the move, pointing to growing global relevance and business opportunities for desi tech startups.

Tensions rise in South China Sea, Rajnath calls for negotiations

NEW DELHI: Defence Minister Rajnath Singh on Wednesday said that the Code of Conduct negotiations will lead to positive outcomes in the South China Sea as tension escalated in the waters, causing concern all the nations in the region and beyond.

India handed over 577 intruders to B'desh since 2018

NEW DELHI: In a gesture of mutual cooperation and emphasis on the well-being of the border populations of both the countries, India has handed as many as 577 Bangladeshi intruders to the neighbouring country since 2018, and the numbers this year have been quite good in the first five months, with over 100 people returned to their country.

India's forex reserves rise by over $6 bn

MUMBAI:India's foreign exchange reserves rose by $6.842 billion during the week ended June 4.According to the Reserve Bank of India's (RBI) weekly statistical supplement, the reserves increased to $605.008 billion from $598.165 billion reported for the week ended May 28.

Kapurthala police arrest two drug smugglers, seized Opium and intoxicating pills

PHAGWARA: The police in its campaign against drug smugglers, arrested two smugglers from police station Rawalpindi and Kotwali Kapurthala area and recovered 50 grams of opium and intoxicant tablets from the accused in separate cases.

Man held with Rs 1L in fake currency in Gurugram

GURUGRAM: The Gurugram police has arrested a man with fake currency with a face value of Rs 1.51 lakh from Sector-34, officials said on Saturday.

SAD shifts focus from real issues to Khalistan, BJP and Congress fumes

CHANDIGARH: Shiromani Akali Dal(SAD), the ruling partner of BJP in Punjab for ten years and now in the center after losing its base among the majority Sikh population in state has now shited its focus from real issues to old tacticts of raising Panthic issues when out of power. This time SAD has picked up issue of Khalistan to revive its panthic credentials.

Demonetisation may cost at least this vote in Himachal

Demonetisation may cost the BJP at least this one vote in Himachal Pradesh.

Demonetization, a surgical strike on black money, failed due to poor implementation

Objections were made, and rightly too, when higher demonization rupees 500-note was introduced for the first time in the year 1987, followed by re-introduction of rupees-1000 note in the year 2000 after being demonetized in the year 1978. No other advanced or sensible country has currency in units of more than 100 thereby elimination chances of parallel economy of black money through increased currency-circulation because of higher-denomination notes.

Marshal of the IAF Arjan Singh: India's oldest serving warrior (Obituary)

NEW DELHI: India's oldest serving soldier Marshal Arjan Singh, who died in hospital after a massive heart attack on Saturday, was hardly 44 when he took over as the chief of a young Indian Air Force (IAF) in 1964, a year before leading the fledgling Indian air power in the 1965 war with Pakistan.

No news on Rs 2,000 note 'withdrawal', Rs 200 to be issued soon: Gangwar

NEW DELHI : With rumours of the Centre planning a withdrawal of the newly-introduced Rs 2,000 note doing the rounds, Minister of State for Finance Santosh Kumar Gangwar has said there was no news of its scrapping, adding the Rs 200 note will be in circulation soon.

Budget trip to Singapore

Punjab News Express/Vinod Kumar Gupta
CHANDIGARH : Singapore, the Garden City, is one of the most popular travel destinations in the world for a lot of reasons. Singapore, an island city-state is a global financial center is one of the world's most prosperous countries with a tropical climate and multicultural population.

Rs 2 lakh-worth fake new notes seized by BSF

Punjab News Express
KOLKATA : Border Security Force (BSF) personnel on Wednesday seized fake Indian currency notes of Rs 2,000 denomination, having a face value of Rs 2 lakh, from Malda district in West Bengal.

Two weeks later, people still spending long nights outside banks

By Anand Singh
NEW DELHI: A chill has set in at 10 pm when the first customers start gathering outside a small SBI branch in Geeta Colony in east Delhi with the aim of drawing cash when it opens in the morning.

Mystery shrouds missing Rs.3.92 crore old currency and security agency employees

Punjab News Express
LUDHIANA: The police is groping in the dark to trace nine employees of a Ludhiana basedsecurity agency who have gone missing alongwith Rs.3.92 crore old currency notes on Sunday last. The security agency employees had taken off notes of Rs.500 and Rs.1000 denomination from the ATMs in the city after demonetisation announced by Prime Minister Narender Modi.

Pain of demonetisation will be much longer than 50 days as claimed by PM

Around 6 months needed to replenish Rs 500 notes
Punjab News Express
NEW DELHI: Will new notes which replace the demonetised currency find itself in circulation soon? Unlikely, if the capacity of all the currency printing presses in the country is taken into account.

Do you still keep pre-2005 currency notes, to go out of circulation from June 30

By Y.S. Rana
CHANDIGARH: Wake up call to the public to search your pockets or have a peep into your lockers to find out whether these have not pre-2005 currency notes as the Reserve Bank of India (RBI) puts June 30, 2015 as expiry date of pre-2005 currency notes from the earlier deadline of January 1, 2015. After June 30, the RBI will completely withdraw from circulation all currency notes domination of Rs 10, 20, 50, 100, 500 and 1000 issued before 2005, hence, to find out whether the notes in your pocket or in locker need to be changed. The currency note that does not bear the year of its printing in the middle of the bottom row on the back side needs to be exchanged.

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