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Indian Rupee news

  
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Indian rupee slumps on news that Pranab is President
In a reversal of the short-term trend, the Indian rupee declined by more than 1.16 per cent in early trade this morning on news that Pranab Mukherjee, the former finance minister of India, has been elected President of the country.
Pranab Mukherjee elected India's 13th President  Times of India
Why is printing a Rs 50 note costlier than a Rs 100 note?
According to a Right to Information reply by the Reserve Bank of India, it costs 50 paise for printing a currency note of Rs 5 denomination, Rs 1 (0.96 paise) for Rs 10, Rs 1.50 for a Rs 20 note. But, surprisingly, it costs more to print a Rs 50 note ...
Don't take 1000 and 500 Indian rupee notes to Nepal
Tourists, businessmen and officials from India visiting Nepal are facing a new problem, following the Nepal government's ban on exchange of Indian currency in the denominations of Rs 500 and Rs 1,000. "I was shocked after a restaurant owner refused to ...
A Rs 1000 coin to celebrate 1000 years of Thanjavur big temple
COIMBATORE: Numismatists have a reason to rejoice. Soon, they could have limited edition commemorative coins of Rs 1,000 denomination in their collection.
Manipur: Tokay Gecko: Poachers in search of million-rupee reptile
Manipur,IMPHAL, July 15: Believe it or not, a reptile known as Tokay Gecko could fetch million of rupees and it is in high demand in foreign countries for its supposed extraordinary medicinal value capable of treating dreaded diseases like AIDS and cancer.
Rupee devaluation of 1966 and its impact
It was during short this trip, when I paid a courtesy visit to our (Indian Cables) office, NV Sadagopan introduced me to one K Srinivasan, saying that he was one of the most accurate astrologer whose predictions had never gone wrong!
RBI to issue Rs 10 and Rs 50 bank notes with rupee symbol
Mumbai: The Reserve Bank of India (RBI) said on Thursday it will soon issue Rs.10 and Rs.50 denomination bank notes incorporating the rupee symbol which was officially adopted in 2010. The new banknotes bearing the signature of RBI Governor D ...
Banking of savings, tax-free, for Gulf Indian expats clarified
With a weak rupee spurring a strong remittance rate moving money to India has been a major part of the non-resident Indian's (NRIs) financial concern here in the UAE over the past month or so. One misconception among NRIs is that they can't repatriate ...
Stamps and coin collection as hobbies: Internationalizing the Rupee symbol!
It was in 1840 that Great Britain issued the first postage stamp which featured the picture of Queen Victoria. Some 12 years later India followed suit in 1852, even though the Royalty continued to use the “road runners” for carrying urgent messages ...
No need to file income tax returns if your salary is less than Rs 5 lakh
NEW DELHI: Salaried employees earning up to Rs 5 lakh a year need not file income tax returns from this year, the finance ministry said on Friday.
Steps to e-filing income tax returns  Business Standard