Blog

Online Movie Piracy – Major Setback to The Entertainment Industry

The last decade has witnessed a significant paradigm shift in the way internet and mobile devices are being used. Look around in malls, theatres, metros, trains and other public places, and the most common scenario you’ll notice will be people hooked to their smartphones irrespective of their ages. Continue reading “Online Movie Piracy – Major Setback to The Entertainment Industry”

Scrapped Notes

RBI Received Rs 15.2 lakh Crore Scrapped Rs 500 and Rs 1000 Notes

Recently, The Reserve Bank of India has revealed that it received Rs. 15.2 lakh crore worth of scrapped currency notes of Rs. 500 and Rs. 1000 after the country witnessed demonetisation. It is the first time that the bank has made such a revelation following the announcement that shook the nation on 8th November 2016. Continue reading “RBI Received Rs 15.2 lakh Crore Scrapped Rs 500 and Rs 1000 Notes”

Image

RBI Launches New Rs. 200 Notes To Ease Transactions

In yet another move to combat counterfeiting, the Reserve Bank of India has introduced a new denomination of Rs. 200 in the banks from August 25, 2017.

The central bank stated that the new currency denomination and designs will ease transactions, replace soiled bank notes and combat counterfeiting.

The launch of new Rs. 200 notes hope to reduce the burden of Rs. 100 notes and make the currency system more efficient. India’s current currency system has denominations of Rs. 1, 2, 5, 10, 20, 50, 100, 500 and 2000.

Look at some of the important features in the newly launched Rs. 200 note:

1. The note is yellowish orange in colour

2. These new notes bear a signature of Dr. Urjit R. Patel, the Governor of Reserve Bank of India

3. For the visually impaired, the new Rs. 200 note consists of intaglio or raised printing of the Mahatma Gandhi portrait, Ashoka Pillar emblem, a raised identification mark H with micro-text Rs. 200, four angular bleed lines with two circles in between the lines both on the right and left sides

4. The dimensions will be 66 mm × 146 mm

5. On the front, it has a see-through register with denominational numeral 200. A latent image with denominational numeral 200 and a Rs. 200 in Devanagari. There will be a portrait of Mahatma Gandhi at the centre

6. Few Micro letters like ‘RBI’, ‘भारत’, ‘India’ and ‘200’ are also present in the note

7. Windowed security thread with inscriptions ‘भारत’ and RBI with colour shift are present. On tilting, the colour of the thread changes from green to blue

8. The Guarantee Clause, the RBI emblem, the RBI Governor’s signature along with the Promise Clause are present towards the right of Mahatma Gandhi portrait

9. Denominational numeral with Rupee Symbol, Rs. 200 in colour changing ink (green to blue) on bottom right

10. The Ashoka Pillar emblem is present on the right and the Mahatma Gandhi portrait and electrotype (200) watermarks are also there

11. Number panel with numerals growing from small to big on the top left side and bottom right side

12. On the reverse, the note will have:
1. Year of printing on the left side. A Swachh Bharat logo along with the slogan
2. The language panel
3. Motif of the Sanchi Stupa
4. Denominational numeral २०० in Devanagari

With so many hidden security features, the new Rs. 200 note looks very promising and fully prepared to fight the problem of fake currency in India.

News Holostik

FICCI Organises ‘MASCRADE 2017’ to Tackle Counterfeiting

To raise awareness about the various aspects of counterfeiting like digital counterfeiting, physical counterfeiting etc, FICCI is organising a two-day event — ‘MASCRADE 2017 — Movement Against Smuggling and Counterfeit Trade’ from October 12. Some of the most important International institutions including World Customs Organisation, Interpol, United Nations Office for Drugs and Crime, Organisation for Economic Corporation and Development (OECD) and US Homeland Security will represent at this event. Continue reading “FICCI Organises ‘MASCRADE 2017’ to Tackle Counterfeiting”