Pakistan rejects China’s demand to use its currency in Gwadar Free Zone

Pakistan has rejected China’s demand for the use of the Renminbi or Chinese yuan in the Gwadar Free Zone under China Pakistan Economic Corridor (CPEC) framework. India’s western neighbour has argued that such a move would compromise its economic sovereignty and conveyed its final position to the Chinese in a Senior Officials’ Meeting (SOM) on More...

by Loknath Das | Published 2 days ago
By Loknath Das On Tuesday, November 21st, 2017
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Pound to dollar exchange rate – sterling remains steady with the US currency

Sterling was firmer against both the dollar and the euro ahead of the UK budget on Wednesday. And the pound – up 0.23% to 1.3245 against the dollar this morning – was helped further following press More...

By Loknath Das On Tuesday, November 21st, 2017
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Convert foreign currency offerings immediately: TTD EO

Necessary initiatives should be taken to account the foreign currencies offered by devotees in Hundi by converting them into Indian currency, directed TTD EO Anil Kumar Singhal. While reviewing with senior officials More...

By Loknath Das On Friday, October 20th, 2017
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Ujjain: New currency note shortage dejects people

Mhow: Hundreds of bank customers were left dejected after they failed to get new currency notes from banks during Diwali festival. Ahead of Diwali, the demand for new currency notes was high as many people keep More...

By Loknath Das On Wednesday, October 4th, 2017
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RBI to start printing new Rs 100 currency notes from April 2018

The Reserve Bank of India (RBI) is planning to start printing fresh Rs 100 currency notes around April 2018, according to a report by Mint. Printing of the redesigned notes will begin after printing presses More...

By Loknath Das On Monday, October 2nd, 2017
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What The Success Of Bitcoin Tells Us About The Power Of Storytelling

Courtesy: Chris Ratcliffe/Bloomberg Imagine you could own one of two currencies. One currency is easy to obtain. In fact, you won’t have to do any more than live your life in the usual way — paying by More...

By Loknath Das On Friday, September 8th, 2017
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Destiny 2 Guide: How Currency Works

If you’re new to Destiny, here’s some bad news: There are a lot of redeemable currencies in Destiny 2, and even worse, they aren’t named anything that’s immediately comprehensible like More...

By Loknath Das On Wednesday, August 30th, 2017
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99% Of Banned 1000, 500 Rupee Notes Returned, Says RBI

The Reserve Bank of India (RBI) in its annual report released today revealed that about 99 per cent of the banned 500- and 1,000-rupee currency notes returned. According to RBI estimates, a total of Rs. 15.28 lakh More...

By Loknath Das On Monday, August 28th, 2017
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Government Okays Issue Of Rs. 200 Notes

New Delhi: The government on Wednesday gave its go-ahead to the Reserve Bank to issue Rs. 200 notes that will ease pressure on lower-denomination currency bills. The finance ministry, in a notification, said that More...

By Loknath Das On Saturday, August 19th, 2017
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Is this the new Rs 50 currency note the RBI plans to introduce soon?

New Delhi: The Reserve Bank of India (RBI) in December last year had said that it would issue new currency notes of Rs 50 and Rs 20 denominations with numerals in ascending size in the number panels and without More...