PUNE: Pimpri-Chinchwad Police have busted a racket which used to print fake Rs 500 Indian currency notes on Chinese paper ordered online and arrested six persons, including an engineer, officials said here on Wednesday.

NEW DELHI:The National Investigation Agency (NIA) has made an arrest of one more person in the case for possessing fake Indian currency with a face value of Rs 10 lakh and 175 gm gold worth Rs 8.5 lakh.

NEW DELHI:As Turkey's inflation hit 48.69 per cent in January amid the dramatic fall in the value of its currency, lira, desperate and helpless citizens are now switching to crypto currencies.

NEW DELHI: With the government announcing its own digital currency by 2023, industry experts on Wednesday welcomed the move, albeit with caution as there is no formal Crypto Bill in place that clears the air around its use, and the Reserve Bank of India (RBI) is yet to take concrete steps on the long-haul journey.

FEROZEPUR: In a major crackdown to check the cross border smuggling of narcotics and arms, Ferozepur police has recovered 5 kg heroine, fake currency notes and 25 live cartridges and a pistol in a raid at various locations at Village Bare Ke situated along the Indo- Pak border here today. 

NEW DELHI: A Delhi resident's cryptocurrency worth Rs 30 lakh (current value Rs 4.5 crore) was fraudulently transferred to three different foreign accounts of which one belonged to Al-QassamBrigates, a military wing of the Palestinian organisation, Hamas.

NEW DELHI: With an aim to reign in cryptocurrency ads promising wild returns, Spain has now joined countries like Singapore and India, stressing that the advertising of crypto-assets must be clear, balanced, fair and explain risks to the public.

WASHINGTON: The International Monetary Fund (IMF) warned that a faster tightening of the US Federal Reserve's monetary policy could lead to capital outflows and currency depreciation in emerging markets.

NEW DELHI:Businesses around the world were struggling to cope up with running losses amid the pandemic, but the government mint was able to pay Rs 240 crore dividend to the government, an official statement said on Monday.

LUCKNOW: Fake Indian currency, with a face value of Rs 47,710, has been found in the Reserve Bank of India chest during an audit in Lucknow.

ANKARA:Turkish President Recep Tayyip Erdogan unveiled a new package of measures to support deposits denominated in lira, after the national currency lost about 50 per cent of its value against the US dollar this year.

NEW DELHI: The value of the Pakistani rupee has fallen by 30.5 per cent against the US dollar over the last three years and four months under the Imran Khan-led government of Pakistan Tehreek-e-Insaf (PTI).

BEIRUT:Protests broke out across Lebanon against deteriorating living conditions and the collapse of the local currency, the National News Agency reported.

DAKSHINA KANNADA(Karnataka):The Karnataka police have arrested three persons and seized Rs 1.92 crore of demonitised currency notes in Dakshina Kannada district.

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

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

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.

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.

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.

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.

NEW DELHI:Power Finance Corporation (PFC) is likely to increase foreign currency borrowing going ahead, said Ravinder Singh Dhillon, the CMD of the company.

ROPAR:  Continuing the fight against COVID-19 pandemic, an IIT Ropar researcher has developed a wholly unique and much needed UVGI TECHNOLOGY-BASED CURRENCY, CARD AND DOCUMENT DISINFECTION’ DEVICE. This affordable device has been designed and prototyped by Dr. Khushboo Rakha, Assistant Professor, Department of Metallurgy and Materials Engineering, IIT Ropar in collaboration with Humanity Works, Mumbai.

MUMBAI:The Mumbai Police are investigating a possible Kerala connection in a racket of fake Indian currency note printing which was busted in Navi Mumbai, official sources said.

DEHRADUN:The city police have arrested three persons including an ayurvedic doctor for allegedly running a fake currency racket. The police have seized counterfeit notes worth Rs 11,000 from his possession.

NEW DELHI:The Central Industrial Security Force (CISF) arrested a man carrying foreign currency worth Rs 1.2 crore at the IGI Airport, here.

KOCHI:Three men were apprehended by CISF personnel here on Sunday for allegedly carrying foreign currency worth Rs 38 lakh in two separate incidents, the officals said.

SAN FRANCISCO:The US Securities and Exchange Commission (SEC) has filed an emergency action and received a restraining order for the $1.7 billion planned token offering of instant messaging and voice over IP service Telegram's Blockchain and crytocurrency network.

SAN FRANCISCO:  Amid intense calls to break it down as the company has grown too big, Facebook on Tuesday announced its own digital wallet subsidiary called "Calibra" for its global cryptocurrency "Libra" which would be powered by Blockchain technology.

The Jharkhand intelligence agencies have sounded an alert to police in all districts of the state regarding the use of the fake currency during the ongoing Lok Sabha elections.

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.

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.