Your browser is not supported for the Live Clock Timer, please visit the Support Center for support.

New Rs.10 is all set to release

The Reserve Bank of India will  launch brand new rupees 10 notes,soon, say sources close to RBI.
The new note will have chocolate brown color and RBI governor Urjit Patel’s sign on it.The Mahatma Gandhi series note will have Konark Sun temple in the background and with inset letter ‘L’ in both the number panel. Around 1 billion copies are printed,say officials familiar with this activity.
Why Modi government is promoting small denominations? Will the old 10 notes get legal validity?

Since the demonetization drive on November 8,2016,the Modi government is trying to promote digital transactions. Rs.1000 and Rs.500 belonged to Mahatma Gandhi series were declared invalid in the historical financial reformation.

However,Rs.2000 note has been introduced to face the currency crunch.

The government’s declared policy is to introduce cash-less economy to get rid of black money and counterfeiting of currency.

RBI sources report withdrawal of Rs.2000 notes.

When small denomination currencies rule the market, big money dealers will definitely move to online transaction.

The running Rs.10 notes will have legal validity even after the introduction of the new 10 rupees currency.

 

More News from business

Hemalini shares a memoir

  CNM Movie Reporter Bollywood dream girl Hema Malini is all set to make a comeback with Shimla Mirchi. Meanwhile, the actor shared an early picture of her film. The picture is very specific. This photo taken by Hemalini in the guise of Goddess is now the talk of the fans. The actor says that she […]

Renji Panicker to release first look teaser of ‘Oru Canadian Diary’

CNM Movie Reporter Debut director Seema Sreekumar who is the granddaughter of poet Kunhiraman Nair,directs the movie Actor-director Renji Panicker will release the first look teaser of ‘Oru Canadian Diary’, directed by debut director Seema Sreekumar under the banner of Sreem Productions, on his official Facebook page at 6 pm on October 14. The movie’s […]

Bollywood actor Saif Ali Khan as Ravana in Prabhas movie Adipurush

Bollywood actor Saif Ali Khan will play the role of Ravana in Prabhas’ movie Adipurush, which is being prepared by Om Rout based on the Ramayana story. This is the first time Prabhas and Saif Ali Khan have teamed up. Prabhas made the announcement on his social media account. Prabhas shared the poster saying that […]

Recent News

Education

Vedic IAS Academy launches scholarship program

December 27, 2020

CNM Reporter Vedic IAS Academy has launched its Vedic Erudite Scholarship Program  in Malabar with the aim of supporting IAS aspirants in the region. Transport Minister AK Sasindran inaugurated the program at a function held at Parambil Bazaar Alba Auditorium in Kozhikode. “ Civil Service is not an impossible task as many think. We need to mold socially responsible and efficient people in […]

Faculty deans appointed at Malayalam University

CNM Reporter Thunchath Ezhuthachan Malayalam University has appointed new faculty deans. Dr. TB Dr. Venugopal Panicker (Faculty of Malayalam Studies); C.P. Dr. Achuthanunni (Faculty of Literature), Kalamandalam Haimavathi (Faculty of Arts); Dr. MR Raghav Warrier (Heritage Faculty); KG Paul (Faculty of Traditional Knowledge Systems), prof. K. Karna Maharajan (Faculty of Media), Dr. P.K. . Poker […]

December 18, 2020

Interview: IGNOU Vatakara Regional Director Dr.M.Rajesh

In an online interview,M.Rajesh,Director IGNOU Regional Center,Vatakara, speaks to M.Rajesh CNM News Director about the mission and services of IGNOU. Tell us about IGNOU’s  courses and its relevance during the time of pandemic Dr Rajesh : IGNOU offers a wide range of programs including traditional and skill enhancement programs. The details are available on the website www.ignou.ac.in. […]

December 2, 2020

More News