Rashtrapati Bhavan has introduced a new initiative, the E-Upahaar auction, to monetise valuable assets for a social cause, in alignment with a broader governmental policy, championed by Prime Minister Narendra Modi, of auctioning gifts received by dignitaries to fund welfare programmes.
Unidentified men posing as central government officials intercepted a cash van in Bengaluru and allegedly fled with about Rs 7 crore. Police are investigating the incident and have formed teams to hunt for the suspects.
Archaeological explorations in Topra Kalan village, Yamunanagar district, Haryana, have revealed ancient remains and cultural artifacts, suggesting human habitation dating back approximately 3,500 years. The findings include Painted Grey Ware (PGW) and other ancient materials, with further investigations planned to determine the exact age and significance of the site.
Only 21 tonnes of gold have been mobilised in the last eight years under the gold monetisation scheme (GMS) which was announced by the Government of India in November 2015. This could be considered as a failure as the scheme has undergone several changes with a revamped GMS announced in April 2021 to improve collections. This figure was released by the World Gold Council (WGC) on Wednesday in its report titled 'Gold Investment Market and Financialisation, in India gold market series'.
The face of the new Rs 20 coin shall bear the 'Lion Capitol of Ashoka Pillar' with 'Satyameva Jayate' inscribed below.
All the bank notes in the denomination of Rs 20 issued by the RBI in the earlier series will continue to be legal tender, it clarified.
Modi, who is in the Himalayan nation at the invitation of Deuba, is paying a day-long visit to Lumbini on the occasion of Buddha Purnima.
The sudden move to demonetise Rs 500 and Rs 1,000 currency notes is not new. Rs 1,000 and higher denomination notes were first demonetised in January 1946 and again in 1978.
The coins will bear MGR's portrait in the centre along with the inscription 'DR M G Ramachandran Birth Centenary'.
Modi and Deuba discussed ways to strengthen ongoing cooperation and develop new areas in the multifaceted bilateral partnership.
The design and security features are similar to the Rs 20 banknotes in Mahatma Gandhi Series-2005 issued earlier
The new note having dimension of 66 mm X 135 mm will bear the year of printing on the reverse side, a Swachh Bharat logo with slogan, language panel and the motif of 'Hampi with Chariot'.
The bright yellow coloured notes will hit the market just a day after the announcement by Finance Minister Arun Jaitley that the government has given a go-ahead to the RBI to issue the new currency bill.
There are 68 Philatelic Bureaux and 1,111 philatelic counters in the country.
Advocating the move, home ministry officials said most of the developed countries change the security features of their currency notes every 3-4 years and therefore, it is absolutely necessary for India to follow this policy.
If the high security notes introduced in 2015 were kept in the system, the pain due to demonetisation can be ameliorated to a certain extent. But unfortunately, such thought process have no place in the hasty demonetisation decision.
Taking a brief spiritual break, Prime Minister Narendra Modi on Sunday visited two famous shrines of West Bengal -- Belurmath, with which he has an emotional connect as he had tried in vain to join its order thrice.
Almost everyone in Gorakhpur has a story about an Adityanath intervention that helped push through a piece of work that would've been otherwise impossible.