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PLASTIC CURRENCY NOTES IN INDIA
Plastic notes in India get a likely release date: Here's what RBI Governor saidPlastic currency notes may enter circulation at the start of next financial year. The Reserve Bank of India is targeting this rollout after...- No plastic, only bamboo and wood pulp: How a Bengaluru NIFT alumnus built a sustainable packaging business with Rs 2 crore monthly revenueVaibhav Anant, a NIFT alumnus, founded Bambrew, a green-tech startup in Bengaluru. This company manufactures biodegradable and plastic-free...
- India bonds rise on position building ahead of RBI policyIndian government bonds saw a slight increase as traders positioned themselves before the RBI's policy announcement. The Reserve Bank of In...
- Competing cues, caution ahead of RBI policy decision keep rupee nearly flatThe rupee remained stable as traders awaited the Reserve Bank of India's policy announcement. Foreign bank dollar sales and importer hedgin...
- Rupee opens on flat note, rises 3 paise to 95.34 against US dollar in early tradeThe rupee opened flat and gained three paise against the US dollar in early trade. Dollar demand from importers was negated by a weaker dol...
- Indian banks' new hunt for diaspora dollars pumps up loans marketsIndian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...
- SBI, HSBC lead FCNR(B) deposit mobilisationForeign currency deposits have significantly increased following a Reserve Bank of India swap facility. State Bank of India and HSBC are le...
- SBI, HSBC and ICICI lead India's overseas deposit drive, data showsHSBC, SBI and ICICI Bank emerged as the top beneficiaries of the RBI’s dollar deposit scheme for NRIs, raising $6.14 billion, $4.12 billion...
- Rupee climbs to one-month peak of 95.13 vs USD on oil slump, stronger inflowsThe Indian rupee reached a one-month high as oil prices declined and foreign inflows increased. The Reserve Bank of India is expected to ma...
- Government plans to ease forex rule for SEZ services exports to domestic tariff areasThe current provision under Section 2(z) of the SEZ Act, 2005 mandates that proceeds for SEZ to DTA supplies of services must be realised i...
- HC rues people's 'litter here, cleanliness abroad' act; asks if we are living in civilised societyThe Bombay High Court expressed strong disapproval of citizens littering in India. The court questioned if this behavior reflects the price...
- RBI asks banks to install fake currency detection machines at branches along international bordersThe Reserve Bank of India has directed banks to enhance counterfeit note detection. Branches near international borders must now have note ...
- It's a revamp! RBI steps ahead on plan for plastic rupee notesIndia's currency printing authority is now on the lookout for international suppliers of polymer banknote material, signaling a significant...
- Govt approves RBI's trials of ₹10, ₹20 polymer notes; no plan to replace paper currencyThe government has approved the Reserve Bank of India's proposal for polymer banknotes. One billion pieces each of ten and twenty rupee pol...
- Plastic notes in India coming soon: Why govt wants polymer banknotes, which countries use them and how these currencies helpWhy is RBI introducing plastic notes?The government's approval for RBI polymer notes has renewed focus on why RBI plastic notes are needed....
- $32 billion inflows from India's forex drive yet to boost rupeeIndia's special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupe...
- In 1990, Texas shrimper Diane Wilson began hunger strikes against petrochemical pollution; decades later, her nurdle lawsuit won a $50 million settlementDiane Wilson fought a petrochemical company for decades over pollution. She used hunger strikes and a protest boat to gain attention. Wilso...
- Don’t throw away plastic bottles: How to make DIY planters and 7 other clever hacks to reuse themPlastic bottles can be reused creatively instead of being thrown away. From DIY planters and watering cans to cable organisers, funnels, bi...
- Nepal eases post-demonetisation curbs on Indian currency; allows Rs 200, Rs 500 notesNepal's new rule facilitates Indian tourists and Nepalese nationals engaged in cross-border trade. Foreign visitors can bring up to USD 5,0...
- Economics of plastic notes: Why RBI is considering polymer banknotesIndia's currency printing arm is exploring polymer banknotes for future use. These notes offer enhanced durability and security features fo...
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