Rupees

Rs 500, Rs 1,000 currency notes banned: RBI explains the rationale behind move

After the government made a surprise announcement of making Rs 1,000 and Rs 500 bank notes illegal from midnight, the monetary authority posted a 25-point detailed FAQs explaining the rationale behind the move.

Stray cows on the loose leave university with a hefty Rs 2 lakh bill

So far the animals have destroyed trees worth Rs 2 lakh.

It's raining notes! People throw thousands of rupees during religious programme in Jamnagar

Thousands of rupees at the inauguration of a temple in Kahambalia village of Jamnagar district on Sunday

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.

Maruti to make royalty payments due to parent Suzuki Motor in rupees

Maruti, over 56 percent-owned by Suzuki, currently pays royalties in yen for use of technical know-how and its Japanese parent brand name. The company paid Rs 2486 crore ($412 million), or nearly 6 percent of its net sales, in royalties for the year to March, according to its annual report for the year.<br />

Indians can now buy from Apple's App Store in rupees

Good news for Apple users in India. Apple's App Store is now selling paid apps in Rupees. Initially paid apps were shown only in US dollars and therefore your credit card was charged in dollars.

Indians can now buy from Apple's App Store in rupees

Good news for Apple users in India. Apple's App Store is now selling paid apps in Rupees. Initially paid apps were shown only in US dollars and therefore your credit card was charged in dollars.