Samajwadi Party MP Awadhesh Prasad on Friday slammed the central government, stating that sooner or later, the government will remove Mahatma Gandhi's photograph from the currency notes.
Nepal has lifted its ban on Rs 200 and Rs 500 Indian currency notes, allowing their import and export with India up to a limit of Rs 25,000 per person, the government said, easing restrictions imposed after India's 2016 demonetisation.
Delhi Police recovered demonetised currency notes of Rs 500 and Rs 1,000 with a face value of more than Rs 3.5 crore and arrested four men allegedly involved in an illegal exchange racket, officials said on Wednesday.
Madhya Pradesh police recovered fake currency notes worth Rs 19 lakh from an Imam working and residing in a Madrasa near Khandwa on Sunday. The accused was already arrested by Malegaon police earlier, along with his accomplice, ASP Khandwa district said.
The Chandigarh Police Crime Branch has busted an inter-state syndicate involved in printing and circulating Fake Indian Currency Notes (FICN) across northern states, recovering counterfeit currency worth Rs 24.27 lakh.
The Union Finance Ministry has informed the Delhi High Court that it currently has no plans to introduce a Rs 50 coin, attributing the decision to widespread public preference for currency notes over heavier coins such as Rs 10 and Rs 20.
Senior Advocate Dr Adish C. Aggarwala, Chairman of the All India Bar Association and former President of the Supreme Court Bar Association, has issued a statement regarding the recent incident involving the alleged burning of currency notes at the outhouse of Justice Yashwant Verma.
According to an official release, "In a significant blow to counterfeiters, Assam Rifles seized fake Indian currency notes worth Rs 37,28,500 in Rongpur, Silchar, Assam, on 25 March."
Sanitation workers have found pieces of burnt currency notes near the official residence of Delhi High Court judge, Justice Yashwant Varma. The new development comes days after a "huge" amount of cash was allegedly found on the premises of the Judge's official residence during a firefighting
Continuing the drive against modules involved in the import of security paper and printing Fake Indian Currency Notes (FICN), the Directorate of Revenue Intelligence (DRI) conducted simultaneous searches at 11 different places across Maharashtra, Haryana, Telangana, Tamil Nadu and Bihar yest