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SMALL DENOMINATION NOTES
New Rs 10, Rs 20 & Rs 50 notes to run short before Diwali? PIB Fact Check debunks viral RBI circularA viral WhatsApp message claiming that new Rs 10, Rs 20 and Rs 50 notes may be in short supply ahead of Diwali has been debunked by PIB Fac...- Tech companies tap debt, equity to fund AI and cloud expansionMajor tech giants like Alphabet and Amazon are gearing up for significant debt offerings aimed at bolstering their AI capabilities. Meanwhi...
- Three graduates learnt fake note printing from Instagram reels, arrested with 2549 counterfeit Rs 100 currency; gang avoided Rs 500 fearing stricter checks in shopsFake note: Three men, a BSc graduate, a law student and a BA final year student, were arrested in Greater Noida with 2,549 fake Rs 100 note...
- Vegetable seller caught printing fake notes in Gujarat after watching Instagram reel, police seize more than 200 notesA Rajkot vegetable vendor has been arrested after police allegedly found counterfeit Rs 100 and Rs 500 notes along with equipment used to p...
- Credit where credit's due: India's tokenised bonds must now open the door to global capitalIndia's pilot tokenised bond issuance successfully settled transactions on a distributed ledger. This innovation improved issuance efficien...
- ET Prime Special Series: Multibagger or IBC - Part 76: Exports are 30%, one customer is 28%, and EV story is still at the starting lineSeventy-six weeks,76 auto ancillary companies. This week, we turn to another legacy supplier that has spent decades building precision-manu...
- Explainer -- India's UPI MDR shake-up: What changes and why it mattersIndia will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with mer...
- Fed hike, rising US Yields could trigger fresh selloff in Indian stocksThe Federal Reserve's potential rate hike looms over global markets. US 10-year sovereign yields nearing five percent pose a significant ch...
- The blue ribbon on a $100 bill is not a printed decoration; the U.S. Currency Education Program says it is woven into the paper, and its bells and 100s move when tiltedThe $100 bill boasts a sophisticated woven blue stripe embedded with microscopic lenses. When tilted, the bill reveals tiny, dynamic images...
- "BRICS New Delhi Declaration reflects India's diplomatic success, turns diversity into strength," say expertsThe New Delhi Declaration showcased India's diplomatic success in uniting diverse BRICS members. Experts noted India's skill in managing co...
- Warren Buffett and IBM: Praying the stock price goes nowhere. The maths explains whyHe is not being clever. He does the arithmetic and shows you exactly how much a falling price would be worth to him. Then he turns on the a...
- A curious bookbinder from London in 1821 placed a current-carrying wire near a magnet and made it continuously rotate - a seemingly simple experiment by the devout Christian uncovered the principle behind the electric motor and helped set the course for modern electrical technologyMichael Faraday's pioneering research set the foundation for the electric age. His groundbreaking experiment in 1821 showcased how electric...
- India's economy shatters a 35-year barrier to enter A-rated clubIndian Economy: Japan Credit Rating Agency (JCRA) has upgraded India’s sovereign credit rating from BBB+ to A-, restoring an A rating for I...
- RBI finds cash demand harder to predict as digital payments growRBI faces challenges forecasting demand for banknotes as currency in circulation continues to grow at double-digit rates despite rising dig...
- RBI may be holding back Rs 2,000 notes, says SBI reportThe report added, "it is safe to assume" that Rs 2,463bn may be on the lower side as the RBI must have printed notes of small denomination ...
- RBI to issue Rs 200 note tomorrow. Here is how it looksThe circulation of Rs 200 note is likely to bridge the shortage of small currency denomenation notes that have faced a shortage after intro...
- Lack of small denomination notes triggers rumour of black marketingIn Moradabad, there were reports of panicked customers flocking to market as rumours flew thick and fast that salt has gone out of shelves ...
- Print more small denomination notes to curb graft: BJP MP to governmentA BJP MP in Lok Sabha demanded that smaller denomination notes should be printed more as compared to larger denomination to help curb corru...
- Government to phase out Re 1, Rs 2 notesRe 1 and Rs 2 notes could soon become a thing of the past with the government replacing these paper currencies with coins given the short l...
- RBI to roll out 25 m Rs 10 coinsThe ad guys may still be yelling “paisa vasool” but the smaller unit of Indian currency is sure on its way out.
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