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Madras High Court in a significant ruling, has held that cryptocurrency now qualifies as "property" under Indian law, an asset capable of being owned, enjoyed, and held in trust. "There can be no doubt that cryptocurrency is a property. It is not a tangible property, nor is it a currency. However, it is a property which is capable of being enjoyed and possessed (in a beneficial form). It is capable of being held in trust," observed a single-judge bench of Justice N. Anand Venkatesh. Also Read ...Read More >
The Central Bureau of Investigation (CBI) on Tuesday (August 12, 2025) conducted searches at six locations in Tamil Nadu including Tenkasi, Chennai, and Tiruchirapalli in connection with a case registered at CBI, BSFB (Bank Security & Fraud Branch), Bengaluru on the directions of the Madras High Court. The case was registered on the basis of a complaint from Indian Overseas Bank, Chennai, alleging that a Kancheepuram-based company, along with its associated entities and unknown public servants, ...Read More >
Since October 9, 2023, banks no longer exchange Rs 2,000 notes. However, the RBI still provides this service at its 19 issue offices, including New Delhi, Mumbai, Bengaluru, Bhopal The Reserve Bank of India (RBI) frequently revises its currency policies, and one significant move was the withdrawal of Rs 2,000 notes, announced on May 19, 2023. At the time of the announcement, the total value of these notes in circulation was Rs 3.56 lakh crore. According to a Moneycontrol report, only Rs 6,017 ...Read More >
New Delhi, Aug 3 (PTI) The government has notified a new framework for the edible oil industry, imposing stricter registration and reporting requirements on producers to enhance transparency and oversight, according to an official release. The 2025 Vegetable Oil Products, Production and Availability (VOPPA) Regulation Order, notified on August 1 by the Ministry of Consumer Affairs, Food and Public Distribution, amends the Vegetable Oil Products Production and Availability (Regulation) Order, 20 ...Read More >
New Delhi, August 3: The government on Sunday termed "untrue" a WhatsApp message that claimed the Reserve Bank of India (RBI) had ordered banks to cease issuing Rs 500 notes via ATMs by September 30, saying no such instruction has been issued. The deceptive message also claims that 90 per cent of ATMs will cease issuing Rs 500 notes by March 31, 2026, and 75 per cent will do so by September 30. Additionally, it advises people to begin "liquidating" their Rs 500 notes and implies that only Rs 10 ...Read More >
New Delhi [India], August 3 (ANI): In the ongoing second edition of the Delhi Premier League (DPL), Central Delhi Kings' Yash Dhull lit up the Arun Jaitley Stadium with a sensational century -- the first of DPL 2025 -- to guide his team to a commanding 8-wicket victory over North Delhi Strikers. Chasing a target of 175, Dhull put on a batting masterclass, remaining unbeaten on 101 off just 56 deliveries, laced with eight fours and seven sixes. His composed yet aggressive innings ensured Central ...Read More >
New Delhi, Aug 3 (SocialNews.XYZ) The government on Sunday termed "untrue" a WhatsApp message that claimed the Reserve Bank of India (RBI) had ordered banks to cease issuing Rs 500 notes via ATMs by September 30, saying no such instruction has been issued. The deceptive message also claims that 90 per cent of ATMs will cease issuing Rs 500 notes by March 31, 2026, and 75 per cent will do so by September 30. Additionally, it advises people to begin "liquidating" their Rs 500 notes and implies t ...Read More >
New Delhi: RBI Governor Sanjay Malhotra has cleared the air on the status of Rs 2000 notes. Speaking to the Parliamentary Standing Committee on Finance, he confirmed that although these high-value notes are no longer in circulation. He also mentioned that they are still considered legal tender. His remarks came during a briefing on the current state of India's economic growth. According to sources quoted by news agency ANI, several MPs raised questions about the status of RS 2,000 notes during ...Read More >
New Delhi [India], July 10 (ANI): RBI Governor Sanjay Malhotra on Thursday briefed the Parliamentary Standing Committee on Finance about the growth of the Indian economy. In the meeting, many MPs have asked questions about the status of Rs 2000 bank notes, sources said. In his reply, the RBI Governor stated that Rs 2000 currency notes are no longer in circulation, but they continue to be a legal tender. The RBI has yet to declare the Rs 2000 currency invalid. One MP raised the issue of counte ...Read More >
New Delhi: After Steller debut Emkay Global has shown confidence in HDB Financial Services, setting a target price of Rs 900 per share and giving a 'Buy' rating. This target shows a possible upside of about 22 percent from the IPO issue price of Rs 740. Strong Market Debut On July 2, HDB Financial Services made an strong debut on the stock market, listing at Rs 835 per share -- a 13 percent premium over its IPO price. This strong start shows robust investor interest and confidence in the compa ...Read More >
Mumbai, Jul 1 (PTI) The high-value Rs 2000 notes worth Rs 6,099 crore are still in circulation even after two years of the Reserve Bank withdrawing the currency, according to official data released on Tuesday. Rs 2000 banknotes continue to be legal tender. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination banknotes from circulation. In a statement, the RBI said the total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at ...Read More >
COIMBATORE: Almost nine years after the Rs 1,000 and Rs 500 currencies were demonetised, an elderly woman sought the help of the District Administration authorities in Coimbatore to exchange the demonetised currency of Rs 15,000 in her possession. Seventy-nine-year-old Thangamani from Uppilipalayam discovered the demonetised notes in the denomination of Rs 500 and Rs 1,000 while cleaning the house. "My husband died in 1995, and my only son, who was working as a driver in Karnataka, also passed ...Read More >
Bengaluru: Mysuru Dasara is set to run for 11 days this year -- a rare extension driven by celestial alignment and cultural planning -- with the inaugural ceremony on Sept 22 and the grand Jamboo Savari taking place on Oct 2, coinciding with Vijayadashami and Gandhi Jayanti.Chairing a high-level meeting at Vidhana Soudha Friday, chief minister Siddaramaiah said, "Mysuru Dasara in 2025 will be celebrated for 11 days, due to a unique astronomical occurrence -- the Panchami tithi (fifth lunar day) ...Read More >
Nagpur: Chief Justice of India Bhushan Gavai on Saturday said one of the most defining moments of his judicial career was Supreme Court's recognition of the need to apply the "creamy layer" principle within Scheduled Castes (SC) and Scheduled Tribes (ST), describing it essential to refine the concept of social justice.In an exclusive interaction with The Times of India at Raj Bhavan during his Nagpur visit, the CJI said, "Treating children of high-ranking SC/ST officers at par with those from tr ...Read More >
Mumbai: An article by Congress leader Rahul Gandhi terming the 2024 state assembly polls as 'match-fixing' stirred a political controversy in Maharashtra. Statement Of Maharashtra CM Devendra Fadnavis Chief Minister Devendra Fadnavis said the Congress leader was insulting the voters and Ladki Bahins of Maharashtra. He said, "Rahul Gandhi has accepted his defeat in Bihar. As long as Rahul Gandhi keeps giving himself false assurances, his party can never win". Revenue Minister Chandrashekhar Ba ...Read More >
New Delhi: A viral YouTube video recently claimed that Rs 500 currency notes will stop being used from March next year. However, the Central government has dismissed these claims. In a post on X, the Press Information Bureau (PIB) clarified that the Reserve Bank of India (RBI) has made no such announcement, and Rs 500 notes will continue to be valid for transactions. A video posted on the YouTube channel 'CAPITAL TV' has created confusion by claiming that Rs 500 notes will be discontinued by Ma ...Read More >
Hyderabad: Launched on June 1, 2017, T-Wallet holds the distinction of being India's first State-managed digital wallet. Introduced by the Telangana government, the platform was designed to facilitate smooth digital transactions for both government and private payments, transforming how citizens interact with digital financial services. Since its inception during the 2016 demonetization period, T-Wallet has registered 16 lakh users and processed over four crore transactions in its eight-year jo ...Read More >
The G20 under India's presidency vouched for cryptocurrency regulation. Time is running out Donald Trump's Landslide victory in US elections has brought the focus back on cryptocurrencies, which saw their market capitalisation cross $3 trillion. Bitcoin, the biggest, hit an all-time high of $93,000 due to the "Trump Bump". Earlier this year, Trump had reiterated his plan to make the US the "crypto capital" and "Bitcoin superpower" of the world. This new approach of the US administration is als ...Read More >
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