India

Modi’s ads cost the taxpayer Rs 1100 crore. Twice as much as Mangalyaan

Modi’s ads cost the taxpayer Rs 1100 crore. Twice as much as Mangalyaan

Union government has spent over Rs 1,100 crore in two and a half years on advertisements featuring Prime Minister Narendra Modi, a Right to Information (RTI) query revealed. This expenditure was between 1 June, 2014 and 31 August, 2016, according to information provided by the Union Information and Broadcasting Ministry in reply to an RTI […]

Are our Currency Notes being printed by Companies earlier Blacklisted for printing Counterfeit Indian & Pakistani Notes?

Are our Currency Notes being printed by Companies earlier Blacklisted for printing Counterfeit Indian & Pakistani Notes?

Why has De la Rue, a black-listed company by the Reserve Bank of India previously, been given the contract to supply machinery for the re-printing currency notes, without any official announcement being made? Until April 2016 at least, De La Rue continued to supply paper for this printing, and was re-issued tenders by the Modi Govt for […]

Demonetisation shock: Newly-married girl killed after father failed to give dowry in new Rs 500, Rs 2000 notes

Demonetisation shock: Newly-married girl killed after father failed to give dowry in new Rs 500, Rs 2000 notes

The girl’s father was not aware of the sudden declaration on demonetisation by the Modi government. Thus, when he offered Rs 1.70 lakh in old denomination notes, the bridegroom’s family refused to receive the cash In a shocking news coming from Odisha, a newly-married girl was killed by her in-laws in Ganjam district as her […]

Nepal bans new Indian Rs 500 and Rs 2,000 notes

Nepal bans new Indian Rs 500 and Rs 2,000 notes

Nepal Rastra Bank on Thursday banned the use of India’s new currency notes of Rs 500 and Rs 2,000 denomination, terming them “unauthorised and illegal”. These two currency notes were issued by the Reserve Bank of India recently after old Rs 500 and Rs 1,000 denomination notes were withdrawn. Nepal Rastra Bank (NRB) has called […]

32-year-old Islam convert hacked to death in Malappuram

32-year-old Islam convert hacked to death in Malappuram

MALAPPURAM: A 32-year-old man, who had converted to Islam six months ago, was brutally hacked to death at Farook Nagar in Kodinhi, here, in the wee hours on Saturday. Faisal P, alias Aneesh Kumar, son of Ananthan Nair, of Kodinhi, was found dead by the roadside at about 4 am by local residents. An auto rickshaw, which […]

India rupee ban: Currency move is ‘bad economics’

India rupee ban: Currency move is ‘bad economics’

India’s dramatic move to scrap 500 ($7.60) and 1,000 rupee notes is poor economics, a leading economist says. Kaushik Basu, the former chief economist for the World Bank, says the “collateral damage” is likely to outstrip its benefits. The overnight ban on the notes last week was intended to crack down on corruption and so-called […]

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