Fake Currency News
Are Rs 2000 notes being withdrawn because of black money? What happens after 30 September?
Confusion prevails over the RBI’s decision to withdraw Rs 2000 notes. While the 30 September deadline has been set, the currency will continue to be valid even after. Then why do we have to exchange the notes? Is it a crackdown on black money and fake currency?
Fake $1 mn note sold for PKR 100 mn in cash-strapped Pakistan
According to reports, the trader was tricked by three fraudsters in the Kot Addu tehsil and was given the fake $1 million note along with the supporting documents
Fake currency notes with face value of Rs 5.72 lakh seized, two arrested
The fake currency note was in Rs 2000 and Rs 500 denomination
Special ink developed by scientists costs less but is more secure, can help detecting fake currency
It takes only 45 minutes to develop this ink which costs around Rs. 1000 per gram, the researchers said.
Death of Kerala man who joined Islamic State points to dangerous trend; fake currency, narcotics fueling terrorism
Men and women primarily from Kerala seeking to join the Islamic State is something that has been occurring more or less under the radar of media coverage.
ISI's counterfeiting web targets India's Rs 100 notes; Delhi, Hyderabad emerging as major transit points for criminal network
Pakistan's ISI, which produces FICNs to disrupt India's financial system, has made Bangladesh as its main base to supply counterfeit notes.
Upper caste reservation is the right distraction for Indian youth from the actual problem: An unfolding unemployment crisis
There is no infighting over the reservation quota when there aren’t enough jobs to go around.
Banning high value notes dragged India's economic growth down, says Raghuram Rajan
Raghuram Rajan said he has seen studies which reaffirm that banning of high value currency notes in late 2016 impacted India's growth significantly.
Two years after demonetisation, there are signs of a cleaner economy but where is the black money?
if data is provided on how many people have actually been caught with unaccounted money, it would be able to measure the success of the demonetisation part of the story.
Demonetisation anniversary: A political thriller turns two; for a struggling economy, its costs have far outweighed the gains
Two years ago, on this day, Modi launched demonetisation with three core objectives to begin with--terminating black money in cash, killing fake currency and putting an end to cash-based corruption.
Madhya Pradesh sees 300% spike in fake currency since demonetisation, but officials deny link with note ban
In the 20 months since demonetisation, the Madhya Pradesh Police has seized fake notes worth Rs 1.29 crore in both new and old currency notes.
Congress demands apology from Narendra Modi after RBI report says 99.3% of demonetised notes back in system
Congress said the return of almost all the junked 500 and 1,000 currency notes meant that Modi government had failed to unearth any black money, eradicate fake currency as promised
Mumbai Police arrests six men for printing fake currency notes, seize cash worth Rs 26.54 lakh
Six persons were arrested for allegedly printing currency notes of Rs 2000 and Rs 500 denominations using colour photocopiers in western Maharashtra's Satara
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.
Black money: Income tax department unearths undisclosed income of Rs 7,961 cr in 5 months
Income tax department conducted searches on around 900 groups, wherein assets worth over Rs 900 crore were seized and undisclosed income of Rs 7,961 crore was admitted
Demonetisation anniversary highlights: Congress observes black day; Rahul Gandhi calls note ban a 'tragedy'
Demonetisation anniversary is turning out to be fierce war of words between the Opposition parties and the ruling NDA
Demonetisation helped curb fake notes, bring terror financing under control: Manohar Parrikar
On the eve of the first anniversary of demonetisation, Goa chief minister Manohar Parrikar said the step taken by Prime Minister Narendra Modi has helped in bringing terror financing under control.
Scrapping of high-value notes flushed out black money, eliminated fake notes, claims finance ministry
Detailing other benefits of demonetisation for the economy, the finance ministry said it has dealt a big blow to finances of terrorism and Left-wing extremism
Delhi Police seizes fake Rs 2,000 notes with face value of Rs 6 lakh; two 'linked' to international racket arrested
Two persons allegedly linked to an international fake Indian currency racket were arrested and fake notes with a face value of Rs 6 lakh in Rs 2,000-denomination
RBI to start printing new Rs 100 in April, current notes to be withdrawn gradually without disruption
The printing of new notes with the same dimensions as the current ones will start once the printing of Rs 200 notes is completed by March