People rushes into banks to exchange Rs 500 and Rs 1000 notes

Friday, November 11th, 2016

Mangaluru: After the scrapping of Rs 500 and Rs 1000 currency notes by Prime Minister Narendra Modi, people rushed into the banks to exchange their present notes into new 500 and 2000 rupee notes, on Thursday. Crowd of people reached the road at State Bank India branch near DC office. Though the crowd was less […]

Invalidation of Rs 500 and Rs 1000 causes mass confusion among people

Thursday, November 10th, 2016

Mangaluru: the Central government’s decision to invalidate Rs 500 and Rs 1000 currency had affected the routine life of people at many places in the city on Wednesday. Most of the retail business has been fallen down due to the sudden invalidation of the currency. Market, statebank and street vendors were waiting for the customers […]

Rs. 93 lakhs valued contraband gold and currency seized at MIA

Thursday, May 5th, 2016

Mangaluru : The Customs officers at Mangalore International Airport seized smuggled gold, cigarettes and foreign currency valued over Rs. 93 lakhs in month of April. The officers seized contraband gold of above 2.2 kgs which were ingeniously concealed and attempted to be smuggled. In the first case primary gold was concealed in the motor portion […]

All pre-2005 notes to go out of currency from March 31

Thursday, January 23rd, 2014
500 notes

MUMBAI: Anybody with currency bundles stashed under the mattress may need to check them. The Reserve Bank of India has said that banknotes issued before 2005 will be completely phased out after March 31 and replaced with new ones, in a move that could counter black money and help weed out fake currency circulating through […]

3 including 2 minors arrested for counterfeit currency circulation in city

Saturday, July 28th, 2012
arrested for counterfeit currency circulation in city

Mangalore: Three persons of West Bengal origin, two of them minors were arrested by the Barke police on Friday on the charges of circulating counterfeit currency. Nearly 400 notes of Rs 500 denomination were recovered from them. The arrested are Niranjan Chowdhury (22), Sunil Chowdhury (14) and Mannu Choudhary (15). The main accused in this […]

Indian Rupee has a new emblem

Friday, July 16th, 2010
Indian Rupee has a new emblem

New Delhi : We run short of one – rupee notes. Even 2- rupee and 5 rupee notes are hardly in general currency. Coins seem to have replaced the notes of 1,2 and 5 rupees. But the 10 rupee coin has been a failure, as so many announcements made since 2 to 4 years have […]

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