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POLYMER 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...
GAIL India shares tumble 5% despite Q1 net profit doubling to Rs 4,665 crore. Buy, sell or hold?GAIL India shares fell 5% despite the Maharatna PSU reporting a near doubling of Q1 FY27 consolidated net profit to Rs 4,665 crore. While J...
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....
India, Germany to sign the Rs 90,000 crore submarine deal for Indian Navy soon, says German envoy Philipp AckermannIndia and Germany are close to signing a submarine deal soon. This agreement will allow for six advanced submarines to be built in India. T...
India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...
Parliament Watch: ESIC disburses Rs 5.26 crore under ABVK, 79 FEMA applications disposed of since FY22Parliament updates: Govt launched a 3-month drive to clear 16,033 labour disputes, ESIC disbursed ₹5.26 crore under ABVKY, approved polymer...
No proposal for one-time waiver of loans of small, marginal farmers: MoS FinanceThe government has no current proposal for a one-time loan waiver for farmers. The Reserve Bank of India offers financial restructuring opt...
GST notice uploaded only on portal isn't valid service, high courts rule: What it means for taxpayersHigh Courts are questioning GST notice validity when only uploaded online. Punjab and Haryana High Court ruled portal uploads are not valid...
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...
ET Prime Special Series: Multibagger or IBC - Part 67: Can this auto ancillary close the gap between old mobility and EV revenue?The market may see this as another diversified auto component manufacturer. The deeper story is one of capital reallocation. The group is c...
Goldman Sachs upgrades India's growth outlook after US-Iran peace dealGoldman Sachs has raised India's 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices, easing supply disruptions and re...
Is RBI replacing paper currency with plastic notes from June 30, 2026? Check detailsViral social media claims about the Reserve Bank of India replacing paper currency with plastic notes by June 30, 2026, are false. The Pres...
Further price hikes likely in food, personal care products as raw material costs rise: ReportPrices of everyday products are set to increase. Companies face rising raw material costs, leading to hikes and smaller product sizes. Food...
We should count polymer notesAs this usage is likely to continue for some time, there is a need to review the material used to make currency notes in India. Polymer cur...
- Increase in Customs duty on polymers to help domestic producers
Indian government raised customs duty on polymers to 7.5% from 5% effective 9th May 2013 in response to the industry's long standing demand...
- Steps being taken to deal with fake currency: FM P Chidambaram
Fake currency supplied from across the border is a problem and steps are being taken to deal with it, Finance Minister P Chidambaram said t...
- RBI to conduct field trials of Rs 10 polymer notes in five cities
Polymer notes have relatively longer life compared to the prevailing paper banknotes and may help in checking counterfeiting.
- RBI to issue polymer notes of Rs 10
The Reserve Bank of India will soon issue 100-crore polymer notes of Rs 10 denomination to improve their longevity and to thwart counterfei...