Tag: Coins
7 Results
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Mints resume coin production, running on single shift
State-run mints have resumed minting of coins from Friday after a three-day stoppage following an order of Security Printing and Minting Corporation of India Ltd (SPMCIL) to halt operations, an official said here on Saturday. The government-owned SPMCIL, had issued an order to all its four mints, located at Kolkata, Noida, Hyderabad and Mumbai, to …
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January 14, 2018 -
Govt resumes coin production; mints to work at slow pace
The government has gone back on its decision to halt production of coins entirely and has asked all the four mints in the country to restart production, albeit, at a slower pace, industry sources said on Saturday. The government has directed the state-run Security Printing and Minting Corporation of India Limited (SPMCIL), which runs the …
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January 13, 2018 -
Delhi HC dismisses PIL for withdrawal of coins with religious images
The Delhi High Court on Thursday dismissed a plea seeking withdrawal of coins having religious symbols embossed on them, saying it does not dent the secular fabric of the country. Two Delhi residents had filed a PIL seeking a direction to the RBI and the finance ministry to withdraw the coins brought out in 2010 …
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January 11, 2018 -
West Bengal bakeries in quandary as banks say no to coins
Kolkata Bakeries in West Bengal have alleged that banks in the state were refusing to accept coins on Dec 24, crippling the employment-intensive sector’s financials. Bakery businesses’ working capitals are getting locked and gradually turning unviable due to the non-acceptance of coins by banks for the past few months, claimed Idris Ali, secretary of the …
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December 24, 2017 -
72 coins removed from Maharashtra man’s stomach!
A 50-year-old tribal from Maharashtra’s Palghar district has been successfully operated upon on Thursday by doctors to remove 72 coins that the man had swallowed over a long period due to certain mental ilnesses, doctors said. Dr Amit Kele, who led the team of doctors that operated on Krishna Somalya Sambar, said that Sambar was …
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December 2, 2017 -
Gold gets a festive lift, tops Rs 31,000-mark
Gold overcame a sluggish global trend by surging Rs 470 to trade at Rs 31,000 per 10 grams on Monday after local jewellers ramped up buying for the festive rush. Silver offered a picture of contrast, which went below Rs 42,000 by falling Rs 300 to Rs 41,700 per kg, weighed down by muted demand …
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September 11, 2017 -
Roman coins show how Hannibal’s defeat led to rise of Rome
The defeat of the Carthaginian general Hannibal – regarded as one of the greatest military commanders in history – in the Second Punic War from 218-201 BC paved the way for the transition of Rome from a regional power to an Empire, an analysis of ancient Roman coins has shown. The findings, being presented at …
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August 14, 2017