Two persons have been arrested with counterfeit currency with a face value of Rs 1.08 lakh in Maharashtra's Thane district, ...

Producing the humble one-rupee coin costs the Indian government more than its face value. According to a 2018 report from India Today, which cited government responses to an RTI request ...

The rupee opened on a flat note and rose 1 paisa to 84.07 against the U.S. dollar in initial deals on Thursday (October 31, 2024), as strong dollar and persistent foreign fund outflows dented ...

The rupee traded on a flat to positive note and settled 1 paisa higher at 84.07 (provisional) against the US dollar on Monday, on positive domestic markets and a sharp decline in crude oil prices.

MUMBAI, June 8 (Reuters) - India's central bank has seen nearly 1.8 trillion rupees ($21.80 billion) of 2000-rupee notes coming back to the system after a decision to withdraw them from circulation.

The move to retire 2,000-rupee notes, worth $24, has triggered bad memories ... 11 percent of the currency in circulation. India’s 1.4 billion citizens also have until Sept.

Announcing the move late Friday, the Reserve Bank of India said the 2,000 rupee ($24) notes had reached the end ... Mahindra Bank Ltd estimate as much as 1 trillion rupees ($12.1 billion) may ...

MUMBAI, May 20 (Reuters) - India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016 ...

MUMBAI (Reuters) -India will start withdrawing its highest value currency notes from circulation, the central bank said on Friday, in a move that economists said could boost bank deposits at a time of ...

A demand to gradually phase out 2,000 rupee currency notes was made in the Rajya Sabha ... for another five years. When the one-nation, one-tax, or GST was implemented on July 1, 2017, by ...