Counterfeit Currency

Banks received alarming amount of fake currency post demonetisation; detected 480% jump in suspicious transactions

Banks received a record amount of fake currency and detected an over 480 percent surge in suspicious transactions post demonetisation.

Elon Musk's followers fall victim to a cryptocurrency scam which promised Ethereum coins

The tweet reportedly asked the followers to send a small amount ether to his/her address in return for a larger amount of ether coins.

How machine learning can help with demonetisation and counterfeit currency

The use of machine learning has been greatly touted in multiple applications in the banking and financial services industry.

Within 53 days of demonetisation, govt agencies seized 2,272 fake Rs 2,000 currency notes, reveals NCRB report

After demonetisation, Rs 2,000 notes were part of 281,839 fake notes of various denominations recovered from different locations across India

Demonetisation anniversary: Note ban failed to curb militancy, counterfeit currency in Jammu and Kashmir

Demonetisation appears to have failed to meet two of its most hyped objectives in Jammu and Kashmir—dealing a severe blow to militancy and curbing fake money.

No proposal to withdraw new Rs 2,000 notes: Finance Minister Arun Jaitley

The Rs 2,000 banknotes were introduced along with new Rs 500 currency following the withdrawal of old Rs 500 and Rs 1,000 notes from 9 November, 2016.

Militancy in Kashmir was never a currency problem, demonetisation hasn't reduced terrorism

Whatever other success we claim for demonetisation, it is failing on the count of militancy.

Demonetisation not politically motivated, says PM Narendra Modi ahead of 50-day deadline

With just a day left for the 50-day deadline for demonetisation's benefits to show, Prime Minister Narendra Modi has claimed that the move has forced black money, whether belonging to corrupt politicians or bureaucrats, out in the open.

Demonetisation is only one part of clean-up of economy: Bibek Debroy tells Firstpost

In a wide-ranging interview, Bibek Debroy explains the rationale and long-term impact of the move.

Driving availability in the times of demonetisation

Cash is king in India. However, the Indian government’s recent ban on the Rs 500 and Rs 1000 currency notes is a major step towards rapidly embracing a digital (cashless) economy.