Chennai: Dip in Rs 2,000 denomination counterfeit notes contributed to the reduction in the value of fake banknotes detected by banks and Reserve Bank, but there was a rise in Rs 500 Fake Indian ...

Phasing out the $100 and $50 bills would make tax evasion and many criminal enterprises harder to run, increase financial transparency, and impose only modest costs on lawful cash users.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Ever since the invention of money, there have also been ...

Mumbai: In a major action ahead of the BMC elections, Mumbai Police’s Shivaji Park Police arrested a man in possession of ...

Demonetizing high-denomination banknotes is not an effective cure for financial crimes and systemic corruption and could ...

I guess by now everyone has seen the new, redesigned $100 with all its anti-counterfeiting features. It’s quite a work of art, and so dramatically different from its predecessors that someone whom I ...

Under the revised provision, both Nepali and Indian citizens may bring the higher denomination bank notes into Nepal from India or carry them to India. Nepal has eased restrictions on carrying ...