Search For "currency"
India-Saudi start discussions on trading in national currencies: MEA
Updated : 2 years, 6 months ago IST
In recent times, India has taken substantial steps to promote the usage of its national currency, the Indian rupee, in international transactions. Collaborating with banks from 22 different countries, India has established special rupee vostro accounts in domestic banks, facilitating trading
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Pakistan denies reports of ban on use, possession, circulation of Rs 5000
Updated : 2 years, 6 months ago IST
Pakistan’s Ministry of Information and Broadcasting (MoIB) on Thursday denied reports of a supposed ban on the use, possession, and circulation of Rs 5000 currency notes after a fake circular with the letterhead of the Finance Division went viral on social media, Geo News reported.
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Customs seizes demonetised Indian currency worth over Rs 29 lakhs at Kochi
Updated : 2 years, 6 months ago IST
Customs officials seized an undeclared Indian currency valued at Rs 4,42,060 lakh and demonetised notes worth Rs 29,41,000 at Kochin International Airport from two passengers, officials said on Wednesday.
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REC signs USD 100 million foreign currency term loan agreement with EXIM B
Updated : 2 years, 6 months ago IST
REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has signed a Foreign Currency Term Loan Agreement for USD 100 Million, with the Export-Import Bank of India (EXIM Bank).
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East Champaran fake currency case: NIA secures 6th conviction
Updated : 2 years, 6 months ago IST
The NIA Special Court in Bihar's Patna on Tuesday convicted 46-year-old Munna Singh for the charges filed against him by the anti-terror agency under sections various sections of the Indian Penal Code (IPC) and sections of the Unlawful Activities (Prevention) Act. The sentence against him w
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RBI to showcase innovative financial technologies at G20 Summit
Updated : 2 years, 6 months ago IST
The Reserve Bank of India (RBI) will unveil a display of cutting-edge financial technologies at the G20 Summit, showcasing their potential to revolutionize the financial landscape.
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Tamil Nadu: Foreign currency worth over Rs 10 lakh seized at Trichy Airpor
Updated : 2 years, 6 months ago IST
"On September 3, 2023, Trichy Airport Customs seized Foreign currency from a Passenger equivalent to 50,000 Saudi Arabian Riyal (Rs.10,75,000) while boarding for Dubai by Air India flight IX 611 from Trichy. The currency was ingeniously concealed in a mobile charger and power bank," said the
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SBI introduces UPI interoperability for CBDC
Updated : 2 years, 6 months ago IST
With this step, the bank is poised to provide unparalleled convenience and accessibility to its customers. This feature, accessible through the 'eRupee by SBI' application, empowers SBI CBDC users to effortlessly scan any merchant UPI QR code, facilitating swift and secure transactions.
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Pakistan: Human rights lawyer Imaan Mazari gets bail in terror financing c
Updated : 2 years, 6 months ago IST
ATC-1 Judge Abual Hasnat Muhammad Zulqarnain approved Imaan’s bail application with a surety bond of Rs 10,000 (Pakistani currency) and prohibited local authorities from arresting the human rights lawyer in any new cases.
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Delhi: CISF arrests Uzbek national with US currency valued Rs 2.5 cr at IG
Updated : 2 years, 6 months ago IST
The Central Industrial Security Force (CISF) personnel on Friday said that they have arrested an Uzbekistan national with US dollars valued at Rs 2.52 crore at Indira Gandhi International (IGI) Airport, officials said.
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ED arrests MD of Topworth Group Abhay Lodha in bank fraud case
Updated : 2 years, 6 months ago IST
The MD of Topworth Group, Abhay Narendra Lodha, was arrested by the Enforcement Directorate (ED) after the ED conducted search operations at 12 locations in connection to Bank Fraud. The arrest was made on Monday and during the search operations, details of undisclosed properties and compani
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Bihar: Nepal national sentenced to 7 yrs RI by NIA special court in fake c
Updated : 2 years, 6 months ago IST
A special court of the National Investigation Agency (NIA) in Patna has sentenced key accused in Bihar's 'fake Indian currency notes' case to seven years of Rigorous Imprisonment (RI) and fined in two separate cases, officials said on Tuesday.
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