A group of six students from the Dept. of Computer Science and Engineering IIT Kharagpur have developed a code for a smartphone application to address the problem of detecting fake Indian currency.
The group students from the Department of Computer Science and Engineering developed the code for a smartphone application that can detect counterfeit currency.
During 2015-16, while a total of 1.05 lakh STRs were generated out of which 61,361 were sent by banks it jumped to 3,61,215 post DeMo and 40,033 such reports were sent was by financial intermediaries that shot up to 94,837 post DeMo, the report said.
The government has filed an affidavit in the Supreme Court detailing the reasons for undertaking demonetisation.
Three men have been arrested with counterfeit currency notes which have a face value of Rs 1 lakh, in the Bharatpur district of Rajasthan, police said on Thursday.
A total of 3,27,382 CCRs were reported to FIU in 2011-12, while these reports stood at 2,51,448 during 2010-11.
The report says counterfeit currency from Pakistan is being used by terrorists.
Delhi Police on Friday busted a fake currency racket in the capital.
George Koshy gives you tips on how not to get conned.
CNN-IBN exposes fake money trail from Nepal.
An IB report says that the 500-rupee-note is most popular among counterfeiters.
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