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New Rs 20, Rs 1,000 notes soon: RBI

Mumbai, May 18: The Reserve Bank of India (RBI) is all set to issue new currency notes in denominations of Rs 20 and Rs 1,000.

Other than change in the inset letter, the design of these notes to be issued now is similar in all respects to those issued earlier in Mahatma Gandhi Series says the RBI statements. All notes in these denominations issued by the RBI in the past will also continue to be legal tender.

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Govt unveils Rs 300,000 cr stimulus package

New Delhi, Dec 7: Indian government on Sunday, Dec 7 announced an Rs 20,000 cr stimulus package for economy which is hit by the global economic recession. Total expenditure is expected to go beyond Rs 300,000 crore Government announced a 4 pc cut in ad Valorem Cenvat rate to boost additional spending. The package came a day after RBI announced fresh monetary measures. India's Planning Commission Chief Montek Singh Alhuwalia said that the measure is announced to boost the economy......
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voleti phanikumar 20 Jul 2010 11:47 am
To Those who had Doubts, Now look at it ,late But Latest now its the Countries Soul on the world Arena. its our mark of pride. thanks for the symbol which is most awaited one!
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