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Security Printing And Minting Corporation Of India

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India regrets politicisation of passport issue

Two days after Nepal scrapped a deal with India to print new smart passports, India regretted the politicisation of the contract, saying it was just a "goodwill gesture" toward its neighbour on......

Ex-finance secy booked for corruption in currency security thread supply

The Central Bureau of Investigation on Thursday conducted searches at the premises of former finance secretary Arvind Mayaram after filing an FIR against him and a UK-based company for alleged......

Faulty Rs 10 notes! Buried UPA report surfaces

That 10 rupee note in your wallet may well be defective, going by a sensational revelation made in an investigation by television channel CNN-IBN.According to the channel, a whopping 10 lakh notes......

In a first, life term for 6 accused in fake currency case

In a first, a special National Investigation Agency court in Mumbai sentenced six accused in a 2009 fake currency case to life imprisonment, terming the possession and circulation of Indian......

'PM's note ban has killed 55 people. He must apologise'

Stepping up its attack on Prime Minister Narendra Modi, Congress on Friday held his “draconian decision” on demonetisation responsible for the alleged death of 55 people and asked him......

Mint workers threaten indefinite strike

Employee unions of the nine security press units across the country have unanimously decided to go on an indefinite strike to protest against the government decision to corporatise mints, security......

India reeling under cash crunch, but this mint can't print Rs 2,000 notes

In the third of a four-part series, Sanjay Jog/Business Standard finds that the Nashik press has stepped up printing of currency notes to around 20 million a day, from 14 million a day till......

How much does it cost to print money?

If the RBI has to replace the entire stock of Rs 1,000 and Rs 500 notes with Rs 100 ones, the cost would be more than Rs 10,000 crore.Anup Roy reports on the economics of printing money. The War......

Cost of printing a one-rupee note? Rs 1.14!

The cost of printing one rupee note, which was recently re-introduced after a gap of 20 years, is Rs 1.14, more than its value, an Right To Information query has revealed. The Security Printing and......

Make in India: Big opportunity to mint coins

Little attention is paid to the management of currencies and coins in India, where cash plays such a dominant role, says A K Bhattacharya. IMAGE: The bigger problem is with regard to coins and......

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