RBI To Come Up With App For Visually Impaired For Currency Identification

The Reserve Bank of India has made a proposal to come up with a mobile app for enabling visually impaired to identify bank notes. Currently, the currency under circulation includes bank notes in the following denomination such as Rs. 1, Rs. 10, Rs. 20, Rs. 50, Rs. 100, Rs. 200, Rs. 500 and Rs. 2000. In the current regime, the intaglio printing-based More...

by Loknath Das | Published 1 week ago
By Loknath Das On Saturday, April 27th, 2019
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Rupee Ends Higher At 70.02 Against Dollar

On Thursday, rupee had close at more than six-week low of 70.25 against the dollar. MUMBAI:  The rupee rebounded by 23 paise to close at 70.02 against the dollar on Friday after Brent crude oil prices receded More...

By Loknath Das On Friday, April 5th, 2019
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Fake currency notes in China looks too real to burn

A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/Files China’s central bank had an odd warning on Thursday: Please don’t burn fake yuan notes. On Friday, More...

By Loknath Das On Saturday, March 23rd, 2019
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Google sparks online outcry after its currency converter goes haywire for third time this year

What’s that old saying? Ah, yes, it’s right here in Google’s corporate handbook: never apologize, never explain. The online ad giant has expressed its regret to the government of Ghana for a software More...

By Loknath Das On Wednesday, March 20th, 2019
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Rupee just went from Asia’s worst to best currency

Mumbai: Asia’s worst-performing currency took five weeks to become its best. The turnaround has been fueled by the improved chances of Prime Minister Narendra Modi winning a second term amid recent tensions More...

By Loknath Das On Saturday, March 9th, 2019
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App to detect fake currency developed

Kolkata: Researchers at IIT Kharagpur have developed a smartphone-based application to detect counterfeit currency and also provided solutions for industrial operations ranging from thermal power plants to nuclear More...

By Loknath Das On Friday, March 8th, 2019
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Smartphone App Developed by IIT Kharagpur Students Can Detect Fake Currency

Researchers at IIT Kharagpur have developed a smartphone-based application to detect counterfeit currency and also provided solutions for industrial operations ranging from thermal power plants to nuclear radiation More...

By Loknath Das On Monday, February 11th, 2019
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Resolve currency issues before it is too late

After Britain emerged as the leading colonial power, the British pound gained increasing acceptance as an international currency and its dominance continued up to the First World War. During the two decades after More...

By Prateek Kulhari On Monday, January 21st, 2019
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Why are bitcoin futures trading for higher prices than bitcoin itself

Wondering to know about why bitcoin futures are trading for higher prices than bitcoin itself? Well, we are here to answer your question. We all know that in the current time nothing is more trending and popular More...

By Loknath Das On Friday, December 14th, 2018
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China’s currency moves will be the best measure of how well trade talks are going between the US and China

The way China’s currency moves against the dollar could be the best measure of how well U.S.-Chinese trade talks are proceeding. Strategists say the fact the renminbi, also known as the yuan, has steadied More...