India, Japan signs historic nuclear deal

India, Japan signs historic nuclear deal Signing a landmark civil nuclear cooperation deal with his Japanese counterpart Shinzo Abe, Prime Minister Narendra Modi on Friday said the agreement for cooperation will mark a historic step in the engagement to build a clean energy partnership between both nations. "A landmark deal for a cleaner, greener world! PM @narendramodi and PM @AbeShinzo witness exchange of the landmark Civil Nuclear Agreement," External Affairs Ministry spokesman Vikas Swarup tweeted. Prime Minister...

Security features of the new Rs. 2000 and Rs. 500 notes

Security features of the new Rs. 2000 and Rs. 500 notes  A look at the security features of the newly-launched Rs. 2,000 and Rs. 500 notes from the RBI's stable. Rs. 2,000 (colour: magenta) * Is a part of the Mahatma Gandhi (New) series, with a motif of India's Mars orbiter, the Mangalyaan on the reverse * Size: 66mm x 166mm Front side: 1. See through register where the numeral 2,000 can be seen when note is held against light 2. Latent image of 2,000 can be seen when the note is tilted 3. Devanagari denomination 4....

Exchange of old Rs 500, Rs 1,000 notes worth Rs 4,000 allowed only once till RBI review

Exchange of old Rs 500, Rs 1,000 notes worth Rs 4,000 allowed only once till RBI review The limit to exchange old notes of Rs 500 and Rs 1000 is Rs 4000 till further review by the RBI and NOT per day as has been misunderstood by some people. The Frequently asked Questions (FAQs) on the RBI website and the notification regarding de-monetisation mention that old notes of Rs 500 and Rs 1000 can be exchanged at bank or post office branches till December 30, 2016 up to a value of Rs 4000 by filling up a form and providing ID proof. The...

What pushed Trump to his triumph

In what is seen as a major upset and an unexpected result, real estate businessman and former reality television host Donald Trump of the Republican Party managed to defeat pollster favourite, former senator Hillary Clinton of the Democratic Party to become the 45th President of the United States. The margins of defeat were close in the “swing States”. It looked like Hillary Clinton will win the popular vote, bolstered by high support in States like California. But this was futile as she lost the electoral college to Donald Trump....

"Hats Off," Says Rajinikanth After PM Modi Scraps 500, 1000 Rupee Notes

Prime Minister Narendra Modi rocked the nation on late Wednesday evening when he announced that 500 and 1000 rupee notes will be discontinued with effect from midnight. He said that making these notes invalid is a way to counter black money, fake currency and corruption. This image was posted on Twitter by Rajinikanth On Twitter, Rajinikanth had a reaction to PM Modi's surprise announcement. Find Rajinikanth's tweet as a embeded form below:  Hats off @narendramodi ji. New india is born #JaiHind — Rajinikanth...

What To Do With Old 500 And 1,000 Rupee Notes

To stop the spread of counterfeit notes, which is aiding terror activities from across the border, and flush out black money, the government has decided to scrap the notes of Rs. 500 and Rs. 1000, Prime Minister Narendra Modi said on Tuesday. Starting midnight, these notes will only be "worth the paper they are printed on," he said.A proposal for new 500 and 2,000 rupee notes has been cleared by the Reserve Bank of India. There will be no change in any other form of monetary exchange -- cheque, DD, payment via...

Here Is A Look At New Rs. 500, Rs. 2,000 Notes

The RBI said the move is necessitated to tackle counterfeiting Indian banknotes, to effectively nullify black money hoarded in cash and curb funding of terrorism with fake notes. The government in a surprise move on Tuesday announced that the Rs. 500 and Rs. 1,000 will be withdrawn. "This is necessitated to tackle counterfeiting Indian banknotes, to effectively nullify black money hoarded in cash and curb funding of terrorism with fake notes," the Reserve Bank of India said in a release. As part of the move, the RBI will issue...

Rs. 500, Rs. 1000 currency notes to be out of circulation from midnight

Rs. 500, Rs. 1000 currency notes to be out of circulation from midnight From midnight today, till November 10, ATMs will not function. Banks will be closed for public transactions tomorrow. The Union Government has decided to do away with Rs. 500 and Rs. 1000 currency notes from midnight on Tuesday. These notes will cease to be legal tender from the midnight of November 8, 2016, announced Prime Minister Narendra Modi in his address to the nation on Tuesday. "These notes will only be papers from tomorrow," he said in Hindi, adding...