Indian Currency

Discover 6 iconic Indian heritage sites featured on Indian currency notes. From the Red Fort to the Konark Sun Temple, explore these stunning monuments in real life and plan your next cultural journey.

Rupee in green for 5th straight session, trades at 83.05 on hopes of funds flow

India’s chances of getting added in Bloomberg Global Aggregate Index is estimated to bring another $15 to $20 billion inflow

Rupee trades marginally higher at 83.31 in step with gains in Asian currencies

Brent oil fell to $ 80.96 per barrel as US crude inventories rose by 8.701 million barrels vs a 5.592 million barrels gain last week.

Rupee trades flat at 83.12 a dollar ahead of retail inflation data later today

The Ministry of Statistics and Programme Implementation will release retail inflation data for September and industrial production data for August at 5:30 pm

Rupee opens marginally higher against US dollar

Traders are awaiting the Reserve Bank of India's bi-monthly policy, where rates are expected to remain unchanged for the fourth time.

Rupee opens higher against dollar on GDP boost

India's economy exceeded expectations by growing 7.8 percent in the April-June quarter and would further attract overseas money flow, analysts have said

Rupee sinks to 10-month low, slips below 83

Decline inequity and currency markets across the world continues following gains in crude oil prices. A series of disappointing economic figures from China also weakened sentiment

Rs 88,032.5 crore worth of 500 rupee notes missing: RTI

According to the media report which cited the activist's disclosure, the mints issued 8,810.65 million pieces of the newly designed Rs 500 note, but RBI has only received 7,260 million pieces.

Trading in Indian rupees will strengthen ties between India and South Africa and promote trade relationships: CII-IBF (SA) President

Praveer Tripathi, the president of the Confederation of Indian Industry-India Business Forum (CII-IBF) in South Africa, made the remarks in his keynote address at the KwaZulu Natal International Business Association (KIBA) Gala Dinner hosted in Durban on Saturday.

Rupee hits 80/USD | Things that get expensive when currency weakens | Finance News | Rupee vs Dollar

Rupee has hit the 80 mark against the dollar for the first time ever. The currency has been in a free fall and depreciated for the eighth consecutive session against the backdrop of foreign fund outflows, widening trade and current account deficits. Safe-haven demand for US dollars on rising global recession risks has also contributed to the weakness. The steep fall in the domestic currency will lead to costlier imports and even more expensive overseas education and travel. Watch the video to find out why you should care about a depreciating rupee.

The rise of Dollar Index and its impact on flows to India and IT stocks

The Dollar index has appreciated sharply in the past few months due to further escalation in the US-China trade war. Brexit drama is also adding to the turmoil.

The US is monitoring India's currency - that alone could hurt the Indian economy

India came under the spotlight after an increase in the "scale and persistence" of its buying up other nations' money, the Treasury said in an October report outlining the foreign exchange policies of the U.S.'s major trading partners.

Demonetisation: Last day to deposit scrapped Rs 500, Rs 1,000 notes

After March 31, holding demonetised notes would be illegal and could invite hefty fines and even jail, according to an ordinance passed by the Union Cabinet on Wednesday.

Banks with currency chest need to boost supply for crop: RBI

To ensure adequate allocation of banknotes is made for rural branches, post offices and DCCBs, banks are advised to involve the district co-ordinators (Lead District Managers) functioning under State Level Bankers' Committee (SLBC) in facilitating/planning distribution of currency from currency chests, RBI said in a notification.

RBI places order to print currency as per requirement: Govt

Replying to questions in Lok Sabha, Minister of State for Finance Arjun Ram Meghwal said the new series of bank notes have been introduced with effect from November 10 after the cancellation of legal tender character of the old high denomination notes.

Impact analysis of demonetization in India

The term demonetization is not new to the Indian economy. The highest denomination note ever printed by the Reserve Bank of India was the Rs 10,000 note in 1938 and again in 1954. But these notes were demonetized in January 1946 and again in January 1978, according to RBI data.

Taxation Laws: Why they are a positive stroke for the nation

Further to the announcement of demonetization by way of withdrawal of bank notes of Rs. 500 and Rs. 1000 denomination, the government has taken a step forward to curb black money. Concerns were raised that some of the existing provisions of the Income-tax Act, 1961 (the Act) can possibly be used for concealing black money.

RBI may front-load rate cut to December to support growth: DBS

According to the global financial services major, following the demonetisation move, the dampening impact on economic activity is clear, especially on consumption, supply chain and cash dependent businesses and inflation over this quarter and the next.

Indian expats in UAE affected due to demonetisation

The families are facing a tough situation after Prime Minister Narendra Modi announced the demonetisation move, the Gulf News reported.

Banks get about Rs 8.45 lakh cr worth of scrapped notes

The banks also disbursed over 2.16 lakh crore over the counter and via ATMs between November 10 and November 27, the Reserve Bank said in a statement.

Opposition seeks apology from PM for his remarks on blackmoney

Immediately after the House mourned the death of its former member Dipen Ghosh, Mayawati (BSP) was up on her feet saying the Prime Minister had this morning "wrongly accused opposition of holding blackmoney" and demanded that he should apologise for his remarks.

PM Modi hits out at critics of demonetisation scheme

"Some people are criticising saying the government did not make ample preparation. I think that is not the issue that the government did not make ample preparation. I think the pain of such people is that the government did not give a chance to make any preparation," he said at a book launch function.

Gave corrupt no time to prepare, says PM,pitches for digital eco

“Everyone has the right to use their money, but the world is changing today. Money is not available physically. We must move towards a cashless economy,” the PM said at a book launch function in Parliament House Annexe in the run up to Constitution Day on Saturday.

PM to attend Rajya Sabha as centre scrambles to end logjam

The logjam has kept Parliament from transacting any meaningful business since the Winter Session started a week ago.

India's demonetisation drive to help dictate BJP, Modi's fortune

The November 8 ban on high-value currency notes has sent India's economy into a tailspin, as citizens struggle to get their hands on new bills, hindered by a limited stock of freshly-printed notes, daily account withdrawal restrictions, long queues at banks and empty ATM machines.