Tag archive for ‘Currency’
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...

By Loknath Das On Monday, July 17th, 2017
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RBI pushes ‘Make in India’ in tender for currency security features

In a big ‘Make in India’ push, the Reserve Bank on Monday came out with fresh tender for currency security features, mandating that the supplier set up the manufacturing unit in the country within two years More...

By Loknath Das On Sunday, July 9th, 2017
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Your ultimate holiday money guide: Currency exchange rates, bank charges, prepaid cards – and how to keep costs down

Plan ahead and you’ll have the best possible chance of bagging the most for your sterling (Image: Getty) Holidaymakers jetting off for their summer escape should pay careful attention to rates over the next More...

By Loknath Das On Thursday, July 6th, 2017
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Indian Bank Revises Interest Rates For Foreign Currency Non-Resident Deposits

Chennai: Indian Bank has revised its interest rates for foreign currency non-resident banking deposits, with immediate effect. “Revised interest rates have been fixed at 2.43 per cent for deposits of one More...

By Loknath Das On Wednesday, July 5th, 2017
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Indian Bank Revises Interest Rates For Foreign Currency Non-Resident Deposits

Chennai: Indian Bank has revised its interest rates for foreign currency non-resident banking deposits, with immediate effect. “Revised interest rates have been fixed at 2.43 per cent for deposits of one More...

By Loknath Das On Thursday, June 15th, 2017
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Fake Currency Detection In Banks Swell To Maximum In Eight Years

New Delhi: Counterfeit currency detection instances in the country’s banking channels have seen an all time increase in the last eight years at over 3.53 lakh instances, according to a latest government report. All More...

By Loknath Das On Wednesday, June 14th, 2017
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Bundesbank’s Weidmann warns of digital currency risks

Share on Twitter (opens new window) Share on Facebook (opens new window) Share on LinkedIn (opens new window) Save 2 HOURS AGO by: Claire Jones Germany’s top central banker has warned of the dangers More...

By Loknath Das On Thursday, June 8th, 2017
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Allied Wallet Announces Multi Currency Credit Card Processing

London, UK (September 25, 2008) – Andy Khawaja, founder and CEO of Allied Wallet recently announced an advanced online credit card processing service in multiple foreign currencies. This move has been initiated More...

By Loknath Das On Thursday, June 8th, 2017
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ETA Launches Digital Currency Showcase at TRANSACT 15

WASHINGTON, Feb. 2, 2015 /PRNewswire-USNewswire/ — The Electronic Transactions Association (ETA), the global trade association representing the payments technology world, today announced new digital currency More...