Tuesday January 22, 2019
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Indian community celebrates Republic Day in Polish capital

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Warsaw: The Indian Community celebrated Republic Day in Poland with great enthusiasm despite intense cold weather and rains.

Indians on Tuesday assembled at the newly built Indian embassy in great numbers, many coming from other cities such as Krakow and Gdansk.

Indian ambassador to Poland Ajay Bisaria unfurled the tricolour and read out President Pranab Mukherjee’s speech.

Bisaria told the assembly that a Polish delegation led by the deputy Prime Minister will attend the ‘Make In India’ festival in Mumbai in February and that trade between the two countries will touch $5 billion by the end of 2017.(IANS)(image: weiku.com)

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Nepal’s Central Bank Announces Ban of Indian Notes Above Rs 100

Currently, only the notes with a denomination of Rs 100 and below are freely exchangeable in Nepal

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Indian Currency. Pixabay

Nepal’s central bank has announced the ban of Indian currency notes with denominations above Rs 100.

The Nepal Rastra Bank (NRB) on Sunday issued a circular for the institutions licensed by it notifying them about the ban, reports Xinhua news agency.

Authorised to Issue Currency Notes.
Rs. 2000 note was issued by RBI who maynot ahve been Authorised to Issue Currency Notes. Wikimedia.

Nepal’s cabinet in December had decided to ban the use of these currency notes.

The decision to ban these notes has come a time when the NRB has requested the Reserve Bank of India (RBI) arequesting the latter to allow Nepal to use currency notes with all denominations.

Also Read- Sabarimala Tantri Gets More Time to Explain Purification Rituals

Currently, only the notes with a denomination of Rs 100 and below are freely exchangeable in Nepal. (IANS)