Tag: currency
Over 99% Of Demonetised Notes Back With RBI
Over 99 per cent of the Rs 15.3 lakh crore taken out of circulation through demonetisation in November 2016 has returned to the Reserve Bank of India (RBI), the central bank announced on Wednesday.....
El Salvador Becomes First Country To Adopt Bitcoin As Legal Tender After Passing Law
El Salvador President Nayib Bukele on Wednesday announced that the country has approved the bill to make Bitcoin cryptocurrency a legal tender in the Central American country. ....
SC Affirms Centre's 2016 Decision To Demonetise Currency Notes Of Rs 1000, Rs 500
The Supreme Court on Monday affirmed the Central government's 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denominations. ....
Crypto Market Cap Hits $3 Trillion Mark For 1st Time, Bitcoin On Fire
The global cryptocurrency market has hit the $3 trillion mark for the first time, taking Bitcoin and Ethereum values to an all-time high. ....
Digital Rupee: India's Own Digital Currency To Come Soon, FM Sitharaman Makes Big Announcement In Budget Speech
Digital rupee will be issued using blockchain and other technologies by RBI starting 2022-23. This will give a big boost to the economy, says FM Nirmala Sitharaman while presenting the Budget 2022. ....
FM Sitharaman Raises Fears Cryptocurrency Could Be Used To Fund Terror
Finance Minister Nirmala Sitharaman on Tuesday raised doubts about the size of the cryptocurrency market worldwide and stressed the need for a regulatory mechanism acceptable to all countries to prevent its use to launder money and fund terrorism, which, she said, were big concerns for India.....
Kejriwal Urges PM To Introduce Currency Notes With Images Of Laxmi-Ganesh
Delhi Chief Minister Arvind Kejriwal on Friday wrote to Prime Minister Narendra Modi urging him to introduce currency notes with pictures of Lord Ganesh and Goddess Laxmi along with that of Mahatma Gandhi. ....
ED Recovers Bangladeshi Currency During Raid At Trinamool Leader’s Office
Following a marathon raid, the Enforcement Directorate sleuths have recovered huge Bangladeshi currency from a foreign currency exchange dealing entity linked to Trinamool Congress leader Shankar Adhya, who is currently in ED custody over his alleged involvement in the ration distribution case in West Bengal.....
RBI To Issue New Rs 10 Notes, Old Ones To Remain Valid
The Reserve Bank of India on Thursday said it will shortly issue new Rs 10 denomination currency notes, while clarifying that the old Rs 10 notes will also remain valid. ....
BHIM Downloads Touch 5mn, 'teething Problems' Hit Payment App
With over five million BHIM apps having been downloaded, users are facing several "teething problems" that need to rectified. However, experts believe what is really required is an "awareness drive" to help the masses use the app.....
