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

“Onnam Sakshi to create a history in Malayalam movie world.”-Vinod Manassery.

Neha Krishna appears in heroine’s role in the much-awaited family entertainer Onnam Sakshi,directed by Vinod Manassery. A real-life story,penned by late Gopi Manassery will reach major theatres in Kerala on May 24. New face Praveen is the hero of the movie. Misfar appears in semi-hero role. Anjana Shibu,and Abhijas are the promising child artists in […]

Onnam Sakshi,lyrics with a nostalgic beat

Title song of Onnam Sakshi is nostalgic in  variety form.The visuals stand apart thanks to  cinematography . Song scenes are mostly  panoramic,enriched with engaging rural landscape. It got wide attention on social media. Young and old alike received the semi -classic  type song with great enthusiasm. Sivadas Warrier directs the music for Onnamsakshi. Mullappally Narayanam Namboothiri’s […]

Onnamsakshi;Movie campaign with a difference

Onnam Sakshi is a family suspense thriller,by debutant movie-maker ,Vinod Manassery. The team behind the movie is working hard to make it something innovative in presentation. Usually,film releases do not go beyond usual cyber campaign and poster war. But,in the case of this movie,a roadshow also has been organized to share the message of the […]

Recent News

Education

‘Master emerging technology to design better world’-Kris Gopalakrishnan

September 22, 2019

Kris Gopalakrishnan,co- founder of Infosys Technologies has said the technology is taking new leaps in recent times and it is impossible to predict what would be the future. “You need to leverage technology and tools to complete these complex tasks; you have to master emerging technologies. You need to love, in fact flourish in solving complex […]

International Hindi Conference held at IIM Kozhikode

  The Official Language Implementation Committee(OLIC)  of IIM Kozhikode successfully conducted a two-day International Conference in Hindi on the topic  “Hindi: Bhasha, Sahithyu aur Samskriti ka Sangam” (“हिंदी: भाषा, साहित्य और संस्कृति का संगम”)  during 5-6 September 2019 as part of the Yearly Hindi Fortnight Celebrations. The conference was conducted as a special drive to […]

September 7, 2019

‘Lack of connection between industry and colleges’-Alok Jha

Alok Jha,the EVP and CHRO of Datamatics Global Services Limited touched the sensitive aspect of a lack of connection between industry and colleges. He emphasised on revolutionizing the current academic scenario by introducing psychometric assessments, career counseling at early stages, increased internship exposure and integration of industry, academia and government for the greater good.He was […]

August 17, 2019

More News