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 finish printing the new Rs 200 currency note by the end of the current financial year, Mint quoted two RBI sources as saying. The existing More...

by Loknath Das | Published 5 months ago
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...

By Loknath Das On Friday, August 18th, 2017
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RBI to shortly issue new Rs 50 note in fluorescent blue colour

The Reserve Bank of India will shortly issue new Rs 50 denomination banknotes with the motif of Hampi with chariot on the reverse, the central bank said on Friday. “The base colour of the note is Fluorescent More...

By Loknath Das On Friday, August 11th, 2017
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Hong Kong’s Crowded Currency Trade Enters Perilous Territory

One of the world’s most reliable currency bets is suddenly looking like less of a sure thing. The Hong Kong dollar carry trade, which has produced steady returns for seven straight months, suffered a rare setback More...

By Loknath Das On Sunday, July 23rd, 2017
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Virtual currency Bitcoin troubles Centre

NEW DELHI:  After last year’s demonetisation and pushing for online transactions, the BJP-led Central government is caught in a quandary over virtual currency Bitcoin. Admitting that Bitcoins could pose to More...

By Loknath Das On Thursday, July 20th, 2017
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How Fairly Valued is China’s Currency? Big Mac and Mini Mac Square Off Again.

The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s famous Big Mac Index uses More...