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India Coin News (ICN) Features All The Latest News & Discussions About Republic Of India Coins

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Acharya Tulsi Birth Centenary Commemorative Coin Sets

Posted on March 19, 2015 at 7:55 PM Comments comments (0)

India Government Mint, Mumbai has commenced public bookings for Acharya Tulsi Birth Centenary commemorative coin sets starting today.

Coin sets can be booked at Mumbai Mint's website

New 1 Rupee Banknote

Posted on March 19, 2015 at 7:55 PM Comments comments (0)

After a gap of over 20 years, ₹1 note has been released in the country and it bears the signature of Finance Secretary Rajiv Mehrishi.

Rani Gaidinliu Commemorative Coins

Posted on January 26, 2015 at 9:30 PM Comments comments (0)

Freedom fighter Rani Gaidinliu was Monday remembered on her 100th birth anniversary at a function held at Congress Bhavan, Imphal.

The function was organized by Manipur Pradesh Congress Committee at the party office. Party members along with deputy chief minister Gaikhangam offered floral tribute to the late freedom fighter. Rani Gaidinliu was not only a great leader of Zeliangrong tribe but also a fearless leader of Manipur who fought against the British colonial rule in Manipur. Rani Gaidinliu was born on 26th January 1915 at Nungkao village of Manipur’s of Tamenglong district. At the tender age of 13, she joined the agitation against the British.

In 1932, she was arrested and put behind bars for life. For her bravery, she was given the title ‘Rani’ by India’s first Prime Minister Pandit Jawaharlal Nehru. The government of India honoured her prestigious Padma - Bhushan award in 1993.

On the occasion, Gaikhangam said it was a great pride for the people of Manipur that government of India was releasing coins denoting Rani Gaidinliu. The denominations of coins of Rs 100 and Rs 5 were being released Monday by the Union government to commemorate the birth centenary of Rani Gaidinliu.

The five rupees coin would be for general circulation, said a release of the Manipur Information Centre (MIC), New Delhi.

RBI Chief Raghuram Rajan Conferred Central Banker of the Year Award.

Posted on January 13, 2015 at 8:10 PM Comments comments (0)

RBI chief Raghuram Rajan has been named as the "governor of the year" in the Central Banking Awards for 2015 by a British magazine for "his deep understanding of the root causes of economic problems of the country combined with an impressive leadership style."

The British magazine Central Banking, announcing the name of Rajan as the Governor Of The Year said, "Rajan's disciplined and focussed approach in leading the Reserve Bank during his first year as Governor was remarkably impressive.

This is the second award by the London-based magazine and will be presented in the British capital on March 12.

"Although there is still much to do, his decisive policy actions based on robust analysis and deep understanding of the underlying causes has contributed significantly to changing perceptions about the strength of the Indian economy," Central Banking Editor Christopher Jeffery said in a statement issued from London.

It further noted Rajan, who was the chief economist of IMF and a well-known economist and author's forthright observations about some of the less welcome developments in the global economic, financial and monetary system also represent an important voice for change.

"His insights combined with his strong leadership skills make Rajan an inspirational figure in the central banking community," Jeffery said, adding Rajan has enjoyed a trail-blazing first year as RBI governor.

In accepting the award, Rajan said, "I am honoured to be named governor of the year by the magazine. This is a recognition of the part the Reserve Bank and its staff have been playing in bringing macroeconomic stability to our economy, in creating more competition and new growth opportunities in the banking and financial markets, as well as in expanding financial inclusion.

"Of course, no central bank works alone. The important role played by the government in maintaining fiscal discipline, in initiating growth-friendly structural reforms and in launching ambitious new financial sector programmes such as rolling out bank accounts for all, has been critical to any success the economy has had, and is likely to have.

"Moreover, all our collective efforts should be seen as work in progress -- inflation has to be fully tamed, growth has to be brought back to potential and the banking system cleaned of distressed assets, even while we build the platform for the financial sector to support strong and sustainable growth.

"But I am convinced we are moving in the right direction and believe developments will affirm this," Rajan said.


Source: PTI

Mahatma Gandhi's 'Return From South Africa' Commemorative Coins

Posted on January 7, 2015 at 8:25 PM Comments comments (0)

The Prime Minister, Narendra Modi releasing special postage stamps and coins to commemorate 100 years of Mahatma Gandhi's homecoming from South Africa, at the 13th 'Pravasi Bharatiya Divas', in Gandhinagar, Gujarat today.

The coins are of denomination of ₹100 and ₹10, while the stamps are of value of ₹25 and ₹5.

Bharat Heavy Electricals Ltd. (BHEL) Golden Jubilee Coins

Posted on January 7, 2015 at 8:30 AM Comments comments (0)

Commemorative coins of Rs.50 and Rs.5 denomination have been issued by Govt. of India on the occasion of Bharat Heavy Electricals Ltd. (BHEL)’s Golden Jubilee on January 7th.

The coins were released at a glittering ceremony by Sh. Anant Geete, Hon'ble Union Minister of Heavy Industries & Public Enterprises in the presence of Sh. G.M. Siddeshwara, Hon'ble Union Minister of State for Heavy Industries & Public Enterprises. Dr. R.S. Katoch, Secretary, Heavy Industry and Sh. B. Prasada Rao, CMD, BHEL were also present on the occasion.