Renowned Pakistani Singer Rahat Fateh Ali Khan has been blamed of smuggling illegal foreign currency in India for three years now. ABP News reports that Khan had collected Rs 2.42 crore through illegal means of which he reportedly smuggled Rs 1.6 crore.

Shocking! The Nepal government has banned the transaction of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations in the country. The decision is likely to severely affect Nepalese people working in India.

It's the 150th birth anniversary of Mahatma Gandhi. On the auspicious occasion, lets learn a few important things related to the 'father of the nation' and Indian currency. Very few of us know when Gandhi's photo was published on the note and the reason behind printing his photo on the note. If you want to know, then continue reading the article.

Finance Minister Arun Jaitley on Wednesday said the recent trend in the Indian rupee's devaluation has been caused due to external factors.

India's engineering export growth slackened to 9.4 per cent in July even as the rupee continued to depreciate against the dollar during the month, demonstrating that a stronger dollar does not always lead to export momentum, the EEPC India said on Monday.

Fears over the rise in global trade protectionist measures, coupled with consistent outflow of foreign funds as well as volatile crude oil prices, pulled the Indian rupee to a fresh low of over 71 to a US dollar on Friday.

A day after the RBI said that 99.3 per cent of the demonetised currency has returned to the banks, NITI Aayog Vice Chairman Rajiv Kumar on Thursday said the objective of the note ban exercise was not to have a large number of unreturned Rs 500 and 1,000 notes but to encourage digital payments and reduce cash transactions.

A day after the RBI revealed that 99.3 per cent of the demonetised currency was returned to the banks, Finance Minister Arun Jaitley on Thursday said the invalidation of the non-deposited currency was not the only objective of the noteban.

New Delhi,

Notwithstanding the fact that only over Rs.10,000 crore of demonetised money did not come back to the RBI, government on Wednesday claimed that it has achieved the targets it had set in its decision, including checking black money, counterfeit currency and terror funding while encouraging digital transactions.