Currencies

Currencies

Splitgate 2: All Currencies and Their Function

After the Open Beta came to an end, the world of portals and fast-paced gameplay that is Splitgate 2 officially stormed on to all platforms on June 6, 2025. At the same time, a battle royale mode launched with a huge map made up of five unique biomes. Whether you’re making purchases or upgrading your gear, you’ll want to familiarise yourself with the role that currency plays in Splitgate 2. Splitgate 2’s in-game currency is made up of Splitcoin, Proelium, and blue battle pass tokens. Having three currencies may not seem like...
Currencies

NZD eases back from recent highs

US equity markets made solid gains into the end of last week supported by labour market data and further signs of easing US-China trade tensions. The S&P closed 1% higher and reached the psychological 6,000 level for the first time since February, as steady employment growth helped ease concerns about an imminent slowdown. In Europe, the Euro Stoxx index made modest gains. Treasury yields closed higher, and the US dollar gained against G10 currencies. Brent crude traded above US$66 per barrel and is back at the top end of the...
Currencies

Dharmapuri man arrested with fake currency notes | Coimbatore News

Coimbatore: The Karumathampatti police on Sunday arrested a 30-year-old daily wage labourer man from Dharmapuri district for possession of fake currency notes.Police identified the accused as M Elavarasan, 30, from Indira Nagar near Krishna Puram in Dharmapuri district. Elavarasan and his four accomplices approached A Muthukumar, 33, a car driver from Ayyampalayam near Samalapuram in Tirupur district, with a promise to give Rs 2 lakh in return for Rs 50,000 investment. However, Muthukumar grew suspicious and informed the Karumathampatti police, who arrested Elavarasan.Police seized a car and 13 bundles of...
Currencies

Special Cell Busts Racket Involved In Circulation Of Fake Currency Notes, Seizes FICN Worth Rs 4 Lakh

New Delhi: The Special Cell team of Delhi Police has busted an international racket involved in the supply of high-quality fake Indian currency notes of Rs 500. The police have arrested a key member of the cartel and recovered fake currency notes worth Rs 4 lakh in the denomination of Rs 500. The police have seized the recovered fake notes and are interrogating the accused to ascertain the truth about other members of the gang.  According to the police, the 22-year-old accused, identified as Naushad Alam, is a resident of...
Currencies

Fake currency racket busted; man held in Delhi with Rs 4 lakh counterfeit notes – ThePrint – PTIFeed

New Delhi, Jun 7 (PTI) The Delhi Police has arrested a key member of an interstate Fake Indian Currency Note (FICN) syndicate and recovered counterfeit currency worth Rs 4 lakh from his possession, an official said on Saturday. The accused, identified as Naushad Alam (22), was apprehended near Vijay Ghat Bus Stand on May 8 while allegedly attempting to deliver a major FICN consignment, he said. A police team had been working on FICN-related intelligence for the past four months. During this period, credible inputs were received regarding the activities...
Currencies

India’s forex reserves stood at $691.5 billion, says RBI chief

India’s foreign exchange (forex) reserves stood at $691.5 billion, as of May 30, and are sufficient to fund more than 11 months of goods imports and about 96 per cent of external debt outstanding, RBI Governor Sanjay Malhotra said on Friday.For the week ended May 30, the reserves dropped by $1.2 billion to break an 8-week rising trend. India’s foreign exchange reserves had recorded a robust increase of $6.99 billion to $692.72 billion in the preceding week ended May 23.Changes in foreign currency assets, expressed in dollar terms, include the...
Currencies

India’s forex reserves stood at $691.5 billion, says RBI chief

India’s foreign exchange (forex) reserves stood at $691.5 billion, as of May 30, and are sufficient to fund more than 11 months of goods imports and about 96 per cent of external debt outstanding, RBI Governor Sanjay Malhotra said on Friday.For the week ended May 30, the reserves dropped by $1.2 billion to break an 8-week rising trend. India’s foreign exchange reserves had recorded a robust increase of $6.99 billion to $692.72 billion in the preceding week ended May 23.Changes in foreign currency assets, expressed in dollar terms, include the...
Currencies

Asian equities see largest monthly foreign inflow in 15 months

Asian equities attracted strong foreign inflows in May as concerns over an immediate economic hit from higher US tariffs eased, prompting a return by investors who had previously exited large and concentrated positions in the region.The inflows marked a sharp reversal after four consecutive months of net foreign selling.According to data from LSEG, foreign investors bought approximately $10.65 billion worth of equities across India, Taiwan, South Korea, Thailand, Indonesia, Vietnam, and the Philippines, registering their largest monthly net purchase since February 2024.US President Donald Trump’s announcement of reciprocal tariffs in...
Currencies

Asian equities see largest monthly foreign inflow in 15 months

Asian equities attracted strong foreign inflows in May as concerns over an immediate economic hit from higher US tariffs eased, prompting a return by investors who had previously exited large and concentrated positions in the region.The inflows marked a sharp reversal after four consecutive months of net foreign selling.According to data from LSEG, foreign investors bought approximately $10.65 billion worth of equities across India, Taiwan, South Korea, Thailand, Indonesia, Vietnam, and the Philippines, registering their largest monthly net purchase since February 2024.US President Donald Trump’s announcement of reciprocal tariffs in...
Currencies

Meet The Captain Who Made India Fly: Air Deccan’s One-Rupee Ticket Revolution

Captain Gopinath’s journey didn’t begin in a plush office or global boardroom. It began in the rugged terrain of the Indian Army, where discipline and tenacity were the currencies of survival. In 2003, India witnessed an aviation upheaval that few could have imagined. With a single symbolic one-rupee ticket, Air Deccan transformed from a risky startup into a household name. Behind this improbable flight path was Captain Gorur Ramaswamy Gopinath, a former Army officer who dared to question the inaccessibility of air travel in a country of over a billion...
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