Search Results for: currency

Police bust fake currency racket in West Bengal

Kolkata, Mar 03 (ANI): Police in Kolkata city of West Bengal uncovered a racket of fake currency notes, with Indian currency amounting to more than rupees 100 million. Acting on a tip-off, police caught a man named Chandrashekar Jaiswal, a scrap dealer and found 200 notes of thousand Indian rupees in his possession. They suspected the currency of being fake and took Jaiswal to police station for interrogation. He added that based on the raids conducted, the person was found out to be an expert in making fake currency notes. The investigations are underway to find out as to how big this racket is and how many people are involved. This was the biggest seizure of fake currency notes in Kolkata so far. Other than currencies, dyes, chemicals and stamps were also seized which are required to make the fake currency. The police are yet to ascertain the value of seized currency notes of five other countries.

Mar 3, 2015

BSE closes points 97.64 up on March 2

New Delhi, March 2 (ANI): Trading at the Bombay Stock Exchange today closed 97.64 points up to stand at 29,459.14. At the National Stock Exchange the Nifty closed 54.90 points up to stand at 8,956.75. NCC and JK LAKSHMI were among the top gainers of Group A with an increase of 17.47% and 14.77% along with SRE INFRA and HCC with an increase of 14.18% and 10.41% respectively, while the top losers of Group A include MUTHOOT FINANCE LTD. and GMR INFRA with a decrease of 7.08% and 5.60% along with ITC and BAJAJ-AUTO with a decrease of 4.97% and 4.03% at the close of the markets. The Auto sector is down 78.50 points at 19,924.95 while the banking sector is up 408.75 points at 22,981.72 and the reality sector is down at 5.38 points at 1,816.54. The Indian currency is up 0.15% at Rs 61.94 per dollar.

Mar 2, 2015

Police bust fake currency and drug racket in Kashmir

Poonch, March 01 (ANI): Police busted a drug and fake currency racket in Jammu and Kashmir. According to the sub divisional police officer, Mendhar, Surinder Kumar Chowdhary, police were getting inputs about circulation of fake currency. Several check-points were set up to inspect passers-by. Chowdhary said police found five suspicious men sitting in an SUV as they did not respond to police queries properly. Police recovered rupees 1,26,000 of fake currency and 1,100 grams of heroin. Their interrogation led to the arrest of one more person. Police are on the look-out for their accomplices. One of the arrested men was running a cafeteria in Mendhar and selling heroin in cigarette packets outside a college.

Mar 1, 2015

BSE closes points 473.47 up on Feb 27

New Delhi, Feb 27 (ANI): Trading at the Bombay Stock Exchange today closed 473.47 points up to stand at 29,220.12. At the National Stock Exchange the Nifty closed 160.75 points up to stand at 8,844.60. UNITECH and HCC were among the top gainers of Group A with an increase of 16.53% and 9.19% along with SINTEX and GMRINFRA with an increase of 9.19% and 8.89% respectively, while the top losers of Group A include RASOYPR and HATHWAY with a decrease of 4.26% and 3.68% along with PMCFIN and NIIT TECHNOLOGIES LTD with a decrease of 2.86% and 2.53% at the close of the markets. The Auto sector is up 417.21 points at 19,769.71 while the banking sector is up 581.77 points at 21,858.46 and the reality sector is up at 74.97 points at 1,838.53. The Indian currency is down 0.12% at Rs 61.82 per dollar.

Feb 27, 2015

BSE closes points 261.34 down on Feb 26

New Delhi, Feb 26 (ANI): Trading at the Bombay Stock Exchange today closed 261.34 points down to stand at 28,746.65. At the National Stock Exchange the Nifty closed 83.40 points down to stand at 8,683.85. NTPC and CENTURYTEX were among the top gainers of Group A with an increase of 4.90 % and 3.43 % along with TATA ELXSI LTD. and PEL with an increase of 3.36% and 2.86% respectively, while the top losers of Group A include UNIONBANK and SIEMENS with a decrease of 4.63% and 4.35% along with PIPAVAVDOC and RASOYPR with a decrease of 4.22% and 4.08% at the close of the markets. The Auto sector is down 280.32 points at 19,352.50 while the banking sector is down 198.72 points at 21,276.69 and the reality sector is up at 5.81 points at 1,763.56. The Indian currency is down 0.27% at Rs 61.80 per dollar.

Feb 26, 2015

Dubai Money Rain: Wealthy Arabs Blew Away Millions to Participate in Spread the Wealth Challenge

The Spread the Wealth Challenge claims to be a social initiative aimed at helping the urban poor.

Feb 26, 2015

BSE closes points 3.33 up on Feb 25

New Delhi, Feb 25 (ANI): Trading at the Bombay Stock Exchange today closed 3.33 points up to stand at 29,007.99. At the National Stock Exchange the Nifty closed 5.15 points up to stand at 8,767.25. SIEMENS and PMCFIN were among the top gainers of Group A with an increase of 5.27% and 4.93% along with OBEROI REALTY LTD. and NIIT TECHNOLOGIES LTD. with an increase of 4.72% and 4.67% respectively, while the top losers of Group A include CENTRAL BANK OF INDIA and RASOYA PROTEINS LTD. with a decrease of 8.07% and 3.92% along with THERMAX and ALEMBIC PHARMACEUTICALS LTD. with a decrease of 3.81% and 3.19% at the close of the markets. The Auto sector is down 5.62 points at 19,632.82 while the banking sector is down 164.25 points at 21,475.41 and the reality sector is up at 6.15 points at 1,757.75. The Indian currency is down 0.27% at Rs 62.03 per dollar.

Feb 25, 2015

chinese-100-yuan-banknotes-are-seen-in-this-file-picture-illustration-taken-in-beijing-may-7-2013

Samsung Electronics, China Trade Deal Give Boost to South Korea's Yuan Hub Ambitions

South Korea became the third country in the world to begin direct trading of the yuan for a local currency in December.

Feb 25, 2015

BSE closes points 29.55 up on Feb 24

New Delhi, Feb 24 (ANI): Trading at the Bombay Stock Exchange today closed 29.55 points up to stand at 29,004.66. At the National Stock Exchange the Nifty closed 7.15 points up to stand at 8,761.25. RELIGARE and KSCL were among the top gainers of Group A with an increase of 6.09% and 5.91% along with PMCFIN and ADANI ENTERPRISES LTD with an increase of 4.94% and 4.85% respectively, while the top losers of Group A include TVSMOTOR and PIPAVAVDOC with a decrease of 6.95% and 5.54% along with JINDAL STEEL and ALSTOM T&D INDIA LTD. with a decrease of 5.16% and 4.50% at the close of the markets. The Auto sector is down 43.46 points at 19,653.53 while the banking sector is down 22.37 points at 21,639.66 and the reality sector is up at 9.77 points at 1,751.60. The Indian currency is up 0.03 % at Rs 62.30 per dollar.

Feb 24, 2015

It's Raining Money: Drivers Abandon Cars on Dubai Street to Collect Currency Notes [VIDEO]

It is estimated that millions of dollars worth of cash blew down on the road in Jumeirah area out of nowhere.

Feb 24, 2015

BSE closes points 295.97 down on Feb 23

New Delhi, Feb 23 (ANI): Trading at the Bombay Stock Exchange today closed 295.97 points down to stand at 28,930.40. At the National Stock Exchange the Nifty closed 92.35 points down to stand at 8,741.25. OBEROI REALTY LTD and SOBHA were among the top gainers of Group A with an increase of 8.21% and 6.90% along with TATA ELXSI LTD. and WOCKPHARMA with an increase of 5.12% and 5.00% respectively, while the top losers of Group A include HDIL and PIPAVAVDOC with a decrease of 6.39% and 5.28% along with APOLLOTYRE and IFCI with a decrease of 4.92% and 4.91% at the close of the markets. The Auto sector is down 132.11 points at 19,700.59 while the banking sector is down 191.74 points at 21,662.03 and the reality sector is up at 3.54 points at 1,768.72. The Indian currency is down 0.02 % at Rs 62.23 per dollar.

Feb 23, 2015

BSE closes points 247.38 down on Feb 20

New Delhi, Feb 20 (ANI): Trading at the Bombay Stock Exchange today closed 247.38 points down to stand at 29,214.89. At the National Stock Exchange the Nifty closed 61.70 points down to stand at 8,833.60. SREI INFRASTRUCTURE FINANCE LTD and IDBI were among the top gainers of Group A with an increase of 9.82% and 8.42% along with CONCOR and JAIN IRRIGATION SYSTEMS LTD. with an increase of 7.59% and 6.05% respectively, while the top losers of Group A include PMCFIN and Bajaj Finance LTD with a decrease of 4.09% and 3.98% along with GODREJ CONSUMER PRODUCTS LTD. and DEN with a decrease of 3.82% and 3.78% at the close of the markets. The Auto sector is down 14.94 points at 19,832.70 while the banking sector is down 137.33 points at 21,819.46 and the reality sector is up at 12.02 points at 1,761.25. The Indian currency is up 0.19 % at Rs 62.22 per dollar.

Feb 20, 2015

BSE closes points 142.01 up on Feb 19

New Delhi, Feb 19 (ANI): Trading at the Bombay Stock Exchange today closed 142.01 points up to stand at 29,462.27. At the National Stock Exchange the Nifty closed 26.20 points up to stand at 8,895.30. JINDAL STEEL and FSL were among the top gainers of Group A with an increase of 28.59% and 8.04% along with HIND COPPER and ADANI POWER with an increase of 8.00% and 7.98% respectively, while the top losers of Group A include SUZLON and WELCORP with a decrease of 6.72% and 5.79% along with SKF INDIA and AURO PHARMA with a decrease of 4.98% and 4.58% at the close of the markets. The Auto sector is up 6.70 points at 19,855.74 while the banking sector is down 110.30 points at 21,978.47 and the reality sector is up at 17.09 points at 1,748.04. The Indian currency is up 0.03% at Rs 62.34 per dollar.

Feb 19, 2015

BSE closes points 162.88 up on Feb 18

New Delhi, Feb 18 (ANI): Trading at the Bombay Stock Exchange today closed 162.88 points up to stand at 29,298.76. At the National Stock Exchange the Nifty closed 56.95 points up to stand at 8,866.30. SUZLON and RTN POWER were among the top gainers of Group A with an increase of 16.34% and 15.35% along with PIPAVAVDOC and MRPL with an increase of 14.18% and 9.25% respectively, while the top losers of Group A include RURAL ELECTRIFICATION CORPORATION LTD and HERO MOTOCORP LTD. with a decrease of 6.78% and 4.94% along with PMCFIN and NMDC with a decrease of 4.89% and 4.50% at the close of the markets. The Auto sector is up 193.03 points at 19,867.25 while the banking sector is up 105.78 points at 22,088.77 and the reality sector is down at 9.30 points at 1,728.46. The Indian currency is down 0.25% at Rs 62.31 per dollar.

Feb 18, 2015

Oil, naira drag on Nigeria

Nigeria's economy had been motoring. But weaker oil prices and a slide in the currency has forced the government to trim expenditure. Economic growth for 2014 is now seen at 5.5 percent down from a