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INDIA COUNTERFEIT ECONOMY
Retailers' body flags rise in illicit trade, seeks curbs on e-commerce practicesRetailers in India are facing challenges from e-commerce. The Federation of Retailers Association of India highlights issues like counterfe...- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- Govt to establish impregnable border grid with smart border project: Amit ShahIndia is set to enhance its border security with the 'Smart Border Project'. Union Home Minister Amit Shah announced the initiative, which ...
- Resilient Indian economy may face West Asia headwinds; El Nino impact likely on agri output: RBIAs energy prices surge and supply chain disruptions persist, India's economic landscape is indeed testing its resilience; yet, robust finan...
- Genuinely crack down on fakesIn India, the battle against counterfeit products is ever-present, with one in three urban consumers facing this issue daily. As regulators...
- Only success of demonetisation was 'torpedoing' of economy: Rahul Gandhi attacks CentreTaking to Twitter, Gandhi tagged the screenshot of a media report which cited Reserve Bank of India's annual report to state there was 100 ...
- Spike in counterfeiting of PPE kits, sanitisers during COVID lockdown: ReportThe top five sectors which have been most affected by counterfeiting are -- alcohol, tobacco, FMCG packaged goods, currency and pharmaceuti...
- Ensuring brand protection and integrity in the times of Covid-19Safeguarding an organisation’s brand integrity and consumer’s safety is now of utmost priority than ever before, owing to an increased effl...
- Corporate tax reduction to boost growth, investment: Anurag Singh ThakurOn corporate tax reduction, Thakur said new investment will help create lot of job opportunities in the country.
- Delhi's Tank Road one of the most notorious markets selling counterfeit products: USThe US' Notorious Markets List highlights 33 online and 25 physical markets that reportedly engage in and facilitate copyright piracy and t...
- Smuggling, piracy hindering India's manufacturing growth: FicciThe market for contraband, smuggled and counterfeit goods is thriving in India and is today one of the biggest challenges faced by the dome...
- 'Smuggling, counterfeiting help generate black money'Smuggling and counterfeiting are major challenges facing the industry today Minister of State for Agriculture Tariq Anwar said.
- RBI's monetary policy review: Onus of checking fake currency notes on banksThe Reserve Bank of India will soon revise the procedure for authentication of currency notes by banks before it goes to customers.
- RBI in a tizzy over Pakistan's precision in faking notesThese notes have all the features that an authentic note has - watermarks, security threads, embossing and micro-printing among others.
- US names Nehru Place as world's notorious markets for piracyThe United States has named New Delhi's popular Nehru Place as among the world's notorious markets for pirated and counterfeited products i...
- Pirated, counterfeit products value to touch $1.78 tn in 2015The value of counterfeit and pirated products sold worldwide is expected to grow to as much as USD 1.78 trillion in 2015 and is likely to h...
- RBI to issue polymer notes of Rs 10The Reserve Bank of India will soon issue 100-crore polymer notes of Rs 10 denomination to improve their longevity and to thwart counterfei...
- India loses Rs 10 lakh crore from black economy every yearCSO estimates the size of Indian economy around Rs 61,64,000 cr. Thus, the size of black economy, taking it at 40% of GDP, is around Rs 25,...
- No serious threat to economy due to fake currency: GovtThe government today said fake currencies do not pose a serious threat to the economy as the number of counterfeit notes is negligible at e...
- India Inc less prone to frauds than Chinese firms: SurveyAccording to a survey of companies by Economist Intelligence Unit, about half of the respondents in India believe that incidents of corpora...
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