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10 lakh defective notes: Security breach in currency printing kept under wraps by UPA govt in 2012

Feb 20, 2015

10 lakh defective notes: Security breach in currency printing kept under wraps by UPA govt in 2012

According to a CNN IBN report, the incident occurred in 2012 when the security thread to be inserted in the currency paper at the Hoshangabad Security Paper Mill were from an Islamic Nation but the defect in the paper intended for 10 rupee notes were kept a secret by senior officers at the Mill and Security Printing and Minting Corporation of India for over three months and no report was sent to either the Home Ministry or the Finance Ministry. #Ministry of Finance #Rupees #Currency printing #Security Paper Mill #Islamic Nation
Foreign exchange reserves touch all-time high of $327.88 billion

Feb 06, 2015

Foreign exchange reserves touch all-time high of $327.88 billion

foreign exchange reserves surged by $5.84 billion to touch a fresh life-time high of $327.88 billion in the week to January 30, the Reserve Bank today. #Gold #RBI #IMF #Forex #Foreign currency assets #foreign exchange reserve
Earnings: Cognizant Q4 net up 12%; expects currency to affect revenues

Feb 04, 2015

Earnings: Cognizant Q4 net up 12%; expects currency to affect revenues

IT services major Cognizant today said its net profit rose 12 perent to $362.89 million for the quarter ended December 31, helped by increased traction from consulting, digital and business segments. #Cognizant #Revenue #Earnings #Currency Exchange #TriZetto
Rupee down 21 paise against dollar

Jan 01, 2015

Rupee down 21 paise against dollar

The rupee fell by 21 paise to trade at 63.24 against the US dollar on the first trading day of the New Year due to buying of American currency. #Dollar #US #Rupee #NewsTracker #Currency #New-Year #early trade

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Rupee hits 10-month low: Will it cause a correction in stock market?

May 29, 2013

Rupee hits 10-month low: Will it cause a correction in stock market?

Keep an eye out for market correction but do not close your eyes to the broad positive trends. #Sensex #Rupee #Bonds #CurrencyWatch #market rally