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Tuesday, July 22, 2025
TopicCounterfeit currency

Topic: counterfeit currency

Demonetisation failure? Rs 500 & Rs 2,000 notes together make up 50% of counterfeit notes detected

Ministry of Finance informed Parliament govt implemented demonetisation to reduce incidence of fake notes. But counterfeiting of high value currency has risen sharply, fresh data shows.

Fake banknotes seized in India doubled after demonetisation, Gujarat topped list: NCRB

National Crime Records Bureau’s report for 2017 says new Rs 2,000 note, released after demonetisation, accounted for more than half the seized currency.

Central Information Commission wants data on Rs 2,000 & Rs 500 notes printed disclosed

The RBI subsidiary that prints currency notes had earlier claimed that the information cannot be shared with people because of several reasons.

RBI data reveals demonetisation was the epitome of whimsical, illogical policymaking

The government wanted demonetisation to combat three problems. None of them seem to have been solved. 

On Camera

India’s TRP ecosystem needs a reset. Time to end BARC monopoly

A ratings monopoly in India has led to lack of technological variation, resulting in sluggish systems detached from market dynamics.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.