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Shocking! Rs. 2,000 note starts breaking into small fragments

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Image Courtesy-The Hindu

Kanpur, 15 Dec: In another shocker amidst cash crunch, a new currency note of Rs. 2000 denomination was found crumbling after handling it hours.

As per the reports of The Hindu, the note was withdrawn from a bank at Taliparamba by an account holder after some time the account holder observed that the note was allegedly crumbling from the corners.

The reports suggest that the new note with the serial number 456828 withdrawn from the Federal Bank branch at Taliparamba on December 13 started to break into small fragments at the edges while handling it a few hours after it was withdrawn from the bank branch on Tuesday afternoon.

The note was among the five Rs. 2000 denomination notes P.C. Shareefa, a resident of Mukkola near the Taliparamba town, had withdrawn from the branch.

“I found the note crumbling while handing it,” stated P.C. Shemeel, son of Shareefa. When contacted, he said that though the other four notes also showed similar signs, he could manage to use them. The remaining currency was so badly damaged that it could not be used as normal note, he added.

Shemeel expressed that even after the matter was told to the officials of the bank branch but they were not admitting that it was given from the branch.

However, there were no Bank officials available for comment. Shemeel informed that his mother had withdrawn the cash from the bank after queuing up in the branch for hours and received this note.

Earlier rumours were spread that the colours were fading in a new currency of Rs 2000 note,  later it was refuted by the authorities.

 Wefornews Bureau

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India

Tamil Nadu: 9 people killed as Anti-Sterlite protest turns violent in Tuticorin

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Chennai, May 22: At least nine persons were killed and over a dozen injured after the Anti-Sterlite protest turned violent in Tamil Nadu’s Tuticorin on Tuesday.

Hundreds of residents went on a rampage demanding the closure of a Sterlite’s industrial plant in the city, citing that the pollution it generates is causing serious health issues.

To control the situation police resorted to firing and lathi-charge. Section 144 has been also imposed in the area.

We condemn both the state and central government who have failed to constitute Cauvery Board with all its statutory powers. We also condemn the police atrocities & violence that took place in Tuticorin during the protest”, said DMK leader MK Stalin

The agitation against the plant, which represents the copper unit of Vedanta Limited, recently escalated after the firm announced the expansion of its unit in the city.

Sterlite Copper, which presently operates a 400,000-tonne per annum, maintains it has received necessary permits and has not violated any guidelines.

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Petroleum products should come under GST: IOCL Chairman

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New Delhi, May 22: Indian Oil Corporation Limited (IOCL) Chairman Sanjiv Singh on Tuesday stressed on bringing petroleum products under the Goods and Services Tax (GST) to provide relief to common people from a surge in fuel prices.

“There is no directive from the government to control fuel price. Spikes (in prices) were happening earlier and we decided to hold the prices for 19 days. All the petroleum products should come under GST”, said IOCL Chairman.

On being asked whether IOCL violated govt directive of day to day revision of prices of petroleum products during Karnataka election, he stated “government has given us a freedom to revise prices on day to day basis, we took a call”.

Earlier in a day, All India Petroleum Dealers Association president Ajay Bansal said the rising fuel price can be controlled by reducing VAT of state and central taxes.

“Fuel prices are directly linked to crude oil. The Organization of the Petroleum Exporting Countries (OPEC) have reduced supplies. We don’t have any say to bring down the price. We can only reduce VAT of state taxes and central taxes, that is the only way to reduce the price,” asserted Bansal.

A litre of petrol in Mumbai was retailing at Rs 84.70, while in Bhopal it hit a record high of Rs 82.47 on Tuesday.

Meanwhile, diesel touched Rs 71.66 in Bhopal and in Mumbai Rs 72.48 per litre.

In Delhi, prices of petrol was retailing at Rs 76.87 for a litre.

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Enforcement Directorate seizes assets worth crores from Dabur Director

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New Delhi, May 22: Enforcement Directorate (ED) on Tuesday seized assets worth Rs. 20.87 crores belonging to Pradip Burman, the Director of Dabur India Ltd. in lieu of assets held abroad.

The ED seized the assets under section 37A of Foreign Exchange Management Act, 1999 (FEMA), news agency ANI reported.

Burman, is the Chairman of Dabur Nepal Pvt Ltd (a subsidiary of Dabur India Ltd), Sanat Products Ltd., and Ayurvet Ltd. Sandesh. He joined the company in 1968, after completing his education from Massachusetts Institute of Technology (MIT).

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