The Reserve Bank of India (RBI) reported a 5.7 per cent increase in counterfeit currency notes detected in the banking system during 2025-26, with fake Rs 500 notes showing the sharpest rise, becoming the most detected denomination.
Indore police seized 566 bundles of fake Rs 500 notes from abandoned bags. Only 84 notes were genuine, with the rest being plain paper designed to resemble currency. An investigation is underway to determine the source and intended use of the fake notes.
Police in Bahraich, Uttar Pradesh, have arrested four individuals involved in printing and circulating counterfeit currency. The suspects were apprehended with fake currency and a colour printer, and have been charged under the Bharatiya Nyaya Sanhita.
The Karnataka State Cyber Command has uncovered a fake call centre racket operating in Bengaluru, where individuals impersonated a US-based accounting firm to defraud US citizens.
Delhi Police have arrested four individuals involved in an interstate racket manufacturing and distributing counterfeit prescription drugs, uncovering an illegal processing unit in Delhi.
The Reserve Bank of India (RBI) is set to introduce polymer banknotes to address the rising demand for currency, improve durability, and reduce production costs, with a pilot project expected soon.
From the upcoming biopic Amri on Amrita Sher-Gil to classic roles like Akshaye Khanna's Sid in Dil Chahta Hai and Anil Kapoor's Majnu Bhai in Welcome, Bollywood has often explored the lives and artistry of painters.
A joint operation by Nepal and West Bengal police has led to the arrest of seven individuals and the seizure of counterfeit currency worth approximately Rs 70 crore from a flat near Kolkata.
Kasargod Embassy squanders a promising premise with weak writing, bad performances and amateurish execution, resulting in a tedious and largely forgettable watching experience, notes Sreeju Sudhakaran.
Two Delhi Police personnel have been suspended and arrested for allegedly robbing a businessman from Uttar Pradesh of Rs 8.4 lakh near Ajmal Khan Park in central Delhi.
A 64-year-old man from Thane was allegedly defrauded of 1.56 crore by cybercriminals using a 'digital arrest' scam, involving forged documents and constant surveillance.
'There is a fortune in stolen money, counterfeit notes floating around, and political skullduggery afoot, along with treachery, double dealing, kidnapping and all manner of wickedness packing the series so densely that the pace never flags and a profusion of twists keeps the story engaging even when it strains credibility,' notes Deepa Gahlot.
Indrani Mukerjea, in pure white, sporting dancing pearl jhumkas, bobbed about the accused box, occasionally floating up front to whisper urgent suggestions to her lawyer Ranjeet Sangle as retired cop and prosecution witness Dinesh Kadam gave her a long look. Vaihayasi Pande Daniel returns to cover the Sheena Bora murder trial after 18 months.
Analysts have sharply reduced cigarette maker ITC's earning estimates for the next two years, fearing a significant dent in the company's profitability and margins. This is owing to a steep hike in excise duty on tobacco by the government.
As the Drugs Controller General of India (DCGI) is set to crack down on companies to ensure compliance with printing QR codes on top-selling brands to curb counterfeiting, top pharma companies say they welcome the regulator's mandate and that they are on track. They also view it as a positive step to ensure patient safety. Sheetal Arora, CEO of Mankind Pharmaceuticals, which has already adopted QR codes in 20 of their products, stated: "We strongly advocate for mandatory implementation of barcodes and QR codes on medicines as this initiative will not only protect patients but also strengthen the integrity of our healthcare system by reducing circulation of counterfeit drugs."
As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday. Of this, highest -- 117,722 pieces -- counterfeit notes of 500 [MG (New) Series] were detected in FY25, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha.
The Enforcement Directorate (ED) on Saturday said it has detected alleged irregularities after it conducted raids in a money laundering case to probe 'black marketing' of tickets for two 'highly anticipated' music concerts by British rock band Coldplay and actor-singer Diljit Dosanjh.
Preventive detention is an extraordinary power in the hands of the state that must be used sparingly, said the Supreme Court as it set aside an order to detain a man indulging in money lending in Kerala.
The proposal to amend the Unlawful Activities (Prevention) Act for cases involving counterfeit currency has been pending for a while. The latest proposal seeks to make counterfeiting of currency a terror offence, to curb this threat that has the potential to shake up the Indian economy.
Indian pharmaceutical companies are stepping up their efforts to combat the problem of counterfeit drugs, employing a variety of strategies, from packaging innovations to engaging private investigation agencies. The stakes are high, as counterfeit medicines not only harm consumers but also tarnish the reputation of leading brands.
The domestic drug industry is concerned over ongoing World Health Organisation negotiations that aim to bring non-health issues, having no direct implications on the safety of a drug, within the ambit of the definition of "counterfeit medicine".
'The counting machine beeped, indicating a counterfeit note.' 'When the teller started tearing it, my nephew stopped him and asked him: Under whose authority was he destroying it, how did he know that the note was fake and if a genuine note gets destroyed, how will he be compensated?' Harsh Roongta explains the process if you have a counterfeit note.
European Union (EU) companies operating in India want New Delhi to streamline or remove non-tariff barriers such as Quality Control Orders (QCOs), complex Customs procedures; simplify labelling, testing, and import procedures; and facilitate cross-border digital transactions without data localisation constraints. These are results of a Business Sentiment Survey, 2025 conducted by the Federation of European Business in India (FEBI) ahead of resumption of negotiations for a free trade agreement (FTA) between both the sides scheduled to be concluded by year-end.
Fighting fake brand peddlers. How the complex web of counterfeit goods threatens to trip e-commerce giants in the country.
Information technology majors like Hewlett-Packard, Canon and Intel have joined hands with the Manufacturers' Association of Information Technology to form the IT anti-counterfeit coalition to curb hardware counterfeiting market in India.
Chinese counterfeiters have had a field day pumping out knockoffs of Apple Inc's best-selling iPhones and iPads, but one appears to have gone a step further -- a near flawless fake Apple Store that even employees believe is the real deal.
Events proved that on every count the RBI had accurately predicted both the damage and the lack of benefit. What the RBI was hiding was the fact that Modi had ignored its concerns -- all of which turned out to be true -- and gone ahead anyway, asserts Aakar Patel.
The counterfeit note detector, to cost between Rs 2,50,000 and Rs 300,000 and manufactured by the Bangalore-based Albertsons India, checks currency notes through four stages of tests.
The total worth of counterfeit and pirated products is likely to be $1.22-1.77 trillion in 2015, much higher than the 2008 estimate of just $455-650 billion, according to the study by Business Action to Stop Counterfeiting and Piracy.
Japan's Toppan Printing has announced their new nanotext printing technology for inserting microscopic text into holographic images.
In 2013, Chinese counterfeit and pirated goods seized in the US accounted for a total value of $1.1 billion, representing 68 per cent of all such goods seizures by the Customs and Border Protection, the US Department of Homeland Security said on Monday in its annual report.
US watchdog lauds India's IPR efforts, but picks holes in legal framework.
China has overtaken the US as the world largest online retail market with $442 billion compared to US.
The Financial Intelligence Unit will apply a multi-pronged approach in probing black money, counterfeit currency, terror funds and hawala transactions as it believes they are all interlinked, reports Vicky Nanjappa.
'Avoid rushing into any financial transactions or disclosing personal information.'
India faces an increasing inflow of counterfeit currency, produced primarily in Pakistan, and terrorist and criminal networks use this money to finance their activities in the country, an official United States report has said.
Only Rs 10,720 crore of the junked currency notes did not return to the banking system, rest 99.9 per cent was deposited raising question mark over the government's effort of curbing black money through the demonetisation.
Fans wearing the India jersey, carrying the Indian flag, laughing, joking and anticipating an India win are moving towards the Narendra Modi stadium. There are families, friends, children, adults, teenagers, middle aged and the senior citizen who have all painted the city blue.
The stage is set for the loading of cash into automated teller machines (ATMs) through the cassette-swap mode with an initial four-phased roll-out across 30 cities from June 1. The lockable cassette-swap will do away with the current practice of open-cash replenishment into ATMs. Cash-in-transit (CIT) firm personnel, tasked with loading cash into ATMs, will not have to touch it anymore. Cash-handling will be done by CITs at the cash centre, and the task of taking into account the amount of cash remaining from the last cassette-load will also be made simpler.
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