News for 'counterfeit money'

Why draft pharma policy may take time to see light of day

Why draft pharma policy may take time to see light of day

Rediff.com25 Sep 2018

Some of the proposals (for example trade margin calculation for imported medical devices) were not approved by the PMO and were sent back for revisions.

ITC chairman questions NGO funding

ITC chairman questions NGO funding

Rediff.com1 Aug 2015

Deveshwar wondered whether the countries FUNDING the anti-smoking NGOs had pictorial warnings.

BEWARE! Fraud Journals On The Rise

BEWARE! Fraud Journals On The Rise

Rediff.com27 Nov 2021

Cloned journals have become more rampant in the post-pandemic world.

Pharma firms spend 10% of production cost on tie-ups

Pharma firms spend 10% of production cost on tie-ups

Rediff.com20 Aug 2012

This helps consumers check the authenticity of drugs simply by sending SMSes.

Nehru Place among world's top notorious IT markets

Nehru Place among world's top notorious IT markets

Rediff.com14 Dec 2012

Indian capital's famous Nehru Place market has been placed among the top 30 notorious IT markets of the world that deal in goods and services infringing on intellectual property rights, an official US report has said.

RBI demands full reporting of fake currency notes

RBI demands full reporting of fake currency notes

Rediff.com31 Oct 2012

The Reserve Bank of India has now said failure to report such cases might lead to penal action.

Fake consumer durables a real worry for companies

Fake consumer durables a real worry for companies

Rediff.com16 Oct 2012

In a slowing Indian market, where intense competition is already squeezing margins, this is evidence of another pressure that consumer electronics firms are dealing with.

Siosdia, Mishra detained during anti-demonetisation march

Siosdia, Mishra detained during anti-demonetisation march

Rediff.com22 Nov 2016

The two ministers were released from Parliament Street police station an hour later.

Drug firms have to affix barcodes at tertiary level packaging

Drug firms have to affix barcodes at tertiary level packaging

Rediff.com27 Oct 2011

Pharma firms will have to affix barcodes on consignments of all tertiary level packaging, such as cartons, following a government order.

What PM told the nation: 'Secrecy was essential for this action'

What PM told the nation: 'Secrecy was essential for this action'

Rediff.com9 Nov 2016

Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.

A month on, how the Cash Crunch affects India

A month on, how the Cash Crunch affects India

Rediff.com9 Dec 2016

Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.

Don't panic, there's enough time to get new notes

Don't panic, there's enough time to get new notes

Rediff.com9 Nov 2016

In the next few days, use credit/debit cards wherever possible or download your bank's mobile banking app or a mobile wallet.

Demonetisation: Opposition deposits ire in Rajya Sabha

Demonetisation: Opposition deposits ire in Rajya Sabha

Rediff.com16 Nov 2016

Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.

Urjit Patel: 'Control on withdrawals not likely to be permanent'

Urjit Patel: 'Control on withdrawals not likely to be permanent'

Rediff.com8 Dec 2016

'During the transition process, we have some control over the withdrawals.' 'In terms of your wealth, the money in your deposit account is where it is.'

World's 20 most valuable companies

World's 20 most valuable companies

Rediff.com25 Jul 2011

Apple is all set to become the world's most valuable company beating Exxon in the next six months.

Coming soon! Plastic currency notes

Coming soon! Plastic currency notes

Rediff.com9 Dec 2016

"It has been decided to print banknotes based on plastic or polymer substrate. The process of procurement has been initiated," Minister of State for Finance Arjun Ram Meghwal said in a written reply in Lok Sabha to a query whether Reserve Bank of India proposes to print plastic currency notes in place of paper ones.

Panel for local production of currency paper

Panel for local production of currency paper

Rediff.com1 Apr 2010

The Finance Ministry should encourage local manufacturing of currency paper to check counterfeits and exempt its production from excise duty, a high level committee has said.

Handsets with cloned IMEI no.: Industry wants ban

Handsets with cloned IMEI no.: Industry wants ban

Rediff.com8 Oct 2009

On September 3, department of telecommunication had directed that all handsets without IMEI numbers be banned with effect from December 1, 2009.

Govt mulls 'digital locker' to store citizens' info on cloud

Govt mulls 'digital locker' to store citizens' info on cloud

Rediff.com11 Sep 2014

The government is working on the concept of a digital locker of sorts - an online repository for all certificates and documents issued to the citizens of the country.

'In Mumbai, retail business is suffering daily by Rs 325 crore'

'In Mumbai, retail business is suffering daily by Rs 325 crore'

Rediff.com24 Nov 2016

'People are trying to save money because of uncertainty and insecurity.'

Demonetisation sucked in cash like vacuum cleaner: IMF

Demonetisation sucked in cash like vacuum cleaner: IMF

Rediff.com24 Feb 2017

IMF said the repercussions from India's currency exchange initiative will likely persist through the first quarter of 2017.

The man who proposed the ban on Rs 500, 1,000 notes

The man who proposed the ban on Rs 500, 1,000 notes

Rediff.com10 Nov 2016

'By demonetising higher denominations of currency notes, we have taken out the vehicle for corruption.' 'But the motive is still there.'

Fake currency problem is alarming: FM

Fake currency problem is alarming: FM

Rediff.com15 Dec 2009

The government has admitted that the problem of fake currency is alarming and dangerous.

Fake currency: 'RBI, banks in denial mode'

Fake currency: 'RBI, banks in denial mode'

Rediff.com10 Sep 2009

'The RBI obviously gets to know when an entire series of currency notes has been faked. I fail to understand why they continue with the series despite it being faked,' former CBI director Joginder Singh tells Vicky Nanjappa.

Uttar Pradesh tops in recovery of fake currency

Uttar Pradesh tops in recovery of fake currency

Rediff.com10 May 2010

Uttar Pradesh has topped the list of states in recovery of fake Indian currency with a face value of over Rs 2 crore (Rs 20 million) by different government agencies during the year 2009.

India seeks ratification of extradition pact by Indonesia

India seeks ratification of extradition pact by Indonesia

Rediff.com11 Oct 2013

India on Friday pressed Indonesia to speedily ratification an extradition treaty, with Prime Minister Manmohan Singh saying the two countries would frame a comprehensive action plan for mutually beneficial security cooperation.

Note ban has cost us a lot

Note ban has cost us a lot

Rediff.com6 Jul 2017

Well then, what did DeMo achieve? As predicted by most economists, the volume of transactions fell, economic activity was adversely impacted, and some sectors (which were more dependent on cash transactions) witnessed greater disruption than others, says Rahul Khullar.

What DeMo really achieved

What DeMo really achieved

Rediff.com18 Sep 2017

Declaring demonetisation a complete failure may turn out to be hasty, argues economist Ashok K Lahiri.

Lok Sabha passes bill to make holding of old notes punishable

Lok Sabha passes bill to make holding of old notes punishable

Rediff.com8 Feb 2017

Piloting the Specified Bank Notes (Cessation of Liabilities) Bill, Finance Minister Arun Jaitley said it will extinguish the government's liability towards scrapped notes and also eliminate the possibility of their bring used as parallel currency.

How would you recognize a fake note?

How would you recognize a fake note?

Rediff.com25 Aug 2009

The RBI has issued certain guidelines to detect counterfeit notes. Some of the common ways to detect fake are Watermark, Security Thread, Colour and Fluorescence.

Our Modiji is the master of illusion

Our Modiji is the master of illusion

Rediff.com11 Sep 2018

'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.

Azhar, Saeed, Dawood declared terrorists under amended UAPA

Azhar, Saeed, Dawood declared terrorists under amended UAPA

Rediff.com4 Sep 2019

They are the first to be declared terrorists under the new anti-law, a home ministry official said.

File FIRs on fake notes: Govt

File FIRs on fake notes: Govt

Rediff.com16 Sep 2008

A senior SBI official said bank branches and controlling offices face a piquant situation where the top management expects prompt action, including filing of a first information report, while the local police is reluctant to register complaints often due to political pressure. Of late, investigative agencies have raised concerns over the large circulation of counterfeit notes.

Gold is still the 3rd-most popular investment choice

Gold is still the 3rd-most popular investment choice

Rediff.com19 Nov 2019

A WGC survey says that there is no dearth of gold demand, but there is lack of trust among prospective gold buyers, not only in India but globally.

RBI plans to introduce plastic notes

RBI plans to introduce plastic notes

Rediff.com3 Jun 2009

The advantage of polymer notes is that these notes are cleaner than paper notes, easily recyclable, provide greater security against counterfeiting and will last four times as long as conventional paper notes. "Polymer notes have been introduced in Australia and the RBI is examining a proposal to start a pilot project for introduction of such notes in the country," said H R Khan, executive director, RBI.

BJP MPs endorse PM's 'crusade'; Modi says it's just the beginning

BJP MPs endorse PM's 'crusade'; Modi says it's just the beginning

Rediff.com22 Nov 2016

Demonetisation is not the end but the beginning of a "long, deep and constant" battle against black money and corruption and will benefit the poor and the common man, Prime Minister Narendra Modi on Tuesday said as the BJP parliamentary party passed a unanimous resolution endorsing his "great crusade".

Asian nations unite against spurious drugs trade

Asian nations unite against spurious drugs trade

Rediff.com12 Feb 2008

The initiative will include special training for Customs and drug regulatory officials to identify spurious drugs, their origin, distribution chain and follow-up action to raid premises and book culprits, in coordination with regulatory and police officials of various countries.

Fake notes: Design, not template, compromised

Fake notes: Design, not template, compromised

Rediff.com14 Aug 2009

The template is the top secret plate which is used for printing the currency.

Buying medicines? Watch out for fakes!

Buying medicines? Watch out for fakes!

Rediff.com24 Jul 2009

While the top players of the over Rs 85,000 crore (Rs 850 billion) pharmaceutical business are up in arms over what they call rampant spread of counterfeit drugs (allegedly 20 to 25 per cent of total pharma sales) in the country, enforcement agencies and some pharma associations say the situation is not that alarming.

Govt seized over Rs 40mn fake currency in Jan-Mar

Govt seized over Rs 40mn fake currency in Jan-Mar

Rediff.com14 Jul 2009

"(The) total value of counterfeit currency seized by law enforcement agencies and recovered through banking channels during the year 2007, 2008 and during January-March 2009 was Rs 10,54,18,925, Rs 21,45,27,797 and Rs 4,09,49,465 respectively," finance minister Pranab Mukherjee said in a written reply to the Rajya Sabha on Tuesday.