The value and volume of banknotes in circulation increased by 7.8 per cent and 4.4 per cent, respectively, during 2022-23 as compared with 9.9 per cent and 5 per cent, respectively, in 2021-22, revealed the RBI annual report released on Tuesday. In value terms, the share of Rs 500 and Rs 2,000 banknotes together accounted for 87.9 per cent of the total value of banknotes in circulation as on March 31, 2023, as compared to 87.1 per cent a year ago. The Reserve Bank has announced withdrawal of Rs 2,000 notes, and holders of the highest value currency have been given time till September 30 to exchange or deposit them.
Directing the Centre, states and Union Territories (UTs) to ensure the queer community is not discriminated against, the CJI, who is heading the constitution bench, said queer is a natural phenomenon known for ages and is neither urban nor elitist.
The prime minister is participating in the G20 Summit in Rome from October 30- 31 at the invitation of Italian Prime Minister Mario Draghi.
While Jio MF will undoubtedly grow in size, it will have to cross multiple hurdles even to emerge as the market leader, observes Debashis Basu.
He slammed naysayers for opposing developmental projects, saying some people have a habit of trying to stall any good work.
At the invitation of Prime Minister Narendra Modi, President Xi Jinping and PM Shehbaz Sharif will attend via video conference, the 23rd meeting of the Council of Heads meeting of the SCO on July 4.
One reason why volumes have not increased in the retail segment is that users are not aware of merchants who accept digital currency.
The second day of the Tech Mahindra Global Chess League witnessed the debut of Magnus Carlsen, the strongest chess player in the world. C
'The IPL should form the selection basis for the T20 team and at the most the ODI team.'
The soldiers were said to have revolted against the use of pork and beef-greased cartridges.
The SBSP can impact around 10 Lok Sabha seats and 40 assembly seats in 7-8 districts in Uttar Pradesh, according to poll analysts.
Sachin scored 34,357 runs across all formats. No batsman to date has breached the 30K mark, let alone come near to breaking Sachin's record.
Dr Shreekant Sambrani pays tribute to M S Swaminathan, renowned agricultural scientist and a lifelong crusader against hunger who passed away in Chennai recently.
Paris crowd made themselves heard on day one of the French Open as they booed and jeered when Ukraine's Marta Kostyuk refused to shake hands
Sukanya Verma gives a toast to the man, the movies and the many, many, MANY memories he's made on big screen through 80 Amitabh Bachchan moments.
The external environment has worsened further. While the Finnish economy entered into a recession, Swedish economic growth also dipped. The Finnish gross domestic product (GDP) dropped 0.6 per cent in October-December, 2022. It was the second quarter of negative growth, which is a technical definition of recession.
Online mutual fund (MF) investment platforms like Groww, Zerodha Coin and Paytm Money, which allow investments in direct MF schemes for free, will soon be able to charge their customers or the fund houses for executing transactions. "They can charge some money but commission-like structure won't be allowed," Madhavi Puri Buch, chairperson of the Securities and Exchange Board of India (Sebi), said on Tuesday. At present, none of these online investment platforms generate any revenue through the MF sales.
Antony, who headed the digital media cell of the Kerala Pradesh Congress Committee, slammed the Congress leadership for working for a "single family" instead of working for the country.
'Rather than experimenting with CBDCs, we must come up with a very simple and straight design.' 'Dematerialise your currency/cash and with that dematerialised rupee allow all the transactions digitally.'
As Sachin turns 50, Rediff brings you 50 fascinating facts about the God of Cricket.
The political discourse hit a new low on Monday with Union Minister Hardeep Singh Puri making disparaging remarks targeting Rahul Gandhi and the Congress paying him back in the same coin.
Avoid thinking of investment as some 'become millionaire in a week' scheme, says Nikhil Sethi, founder and MD, Zuvomo, a crowdfunding firm. Always think of long term gains and plan your trades accordingly.
Hope this film would be able to teach Indians the value of their rights and the perils of exchanging those for 'economic development' or promises of a better future by some populist leader, notes Utkarsh Mishra.
The rally in silver may continue if the global economic recovery remains on course.
Brand India's societal divisions and distortions have remained as much relevant in 'liberal' America and Europe as it still is in the structurally stratified Indian society of the 21st century, observes N Sathiya Moorthy.
Prime Minister Narendra Modi on Friday asserted that the Union government is making record investment for railway infrastructure modernisation.
The PM targeted the Opposition after launching the National Sickle Cell Anemia Eradication Mission 2047 by unveiling a portal and releasing a guideline for the management of the disease and different modules at Shahdol in Madhya Pradesh.
How do you bring about better nutrition consciousness in a society that is quite apathetic to excess consumption of salt, sugar and fats? asks Ambi Parameswaran.
Former wicketkeeper Ian Healy predicted a 2-1 win for India in the four-Test series against Australia, starting in Nagpur on February 9, provided the hosts don't prepare "unreasonable wickets".
Rediff reader Palanki Suryanarayana, 75 a retired professor of civil engineering settled in Bengaluru, tells us how he is teaching science to his grandson.
The inauguration new parliament building will take place in two phases.
The Bharatiya Janata Party hit out at the Congress over Patil's remarks and accused it of playing vote bank politics.
200 staffers, consisting of RBI officials and support teams, who are essential to perform critical functions, were isolated at a separate facility in a dedicated quarantined environment near all three RBI data centres.
'...but at the same time we were able to understand that personal relationships are more important than sometimes professional things.'
When Jaipur's Maharaja Madho Singh was invited to attend King Edward VII's coronation in 1902, he chartered a ship for Rs 15 lakh for the journey. He also carried 27,000 litres of Ganga jal on board. Prakash Bhandari recalls the maharaja's voyage to attend a British monarch's coronation on a day when Charles III will be crowned king at Westminster Abbey.
Mishra, the spokesperson of the state government, also said Padukone has been a supporter of the 'tukde-tukde gang' as seen in the JNU case.
The Congress victory in Karnataka, its first big state since 2018, puts the party back in the game for general elections as it re-establishes primacy in the opposition space that is currently vastly fragmented despite efforts to cobble up a united front against the BJP.
Overestimation of AI can lead to an excessive level of trust and the spread of disinformation. ChatGPT's replies are riddled with factual errors, hidden in eloquent, grammatically correct sentences. This leads to a hallucination of truth, explains Kumar Abishek.
Deepa Gahlot lists 10 popular family shows and films streaming on various platforms.
Crypto exchanges have been asked to furnish details this month itself.
