National News
Mysterious Disappearance Of 500 Notes Worth 88,032.5 Cr Raises Security Concerns For Indian Economy

While the Reserve Bank of India had a problem with an extra 339.95 million currency notes deposited in vaults between 1999-2010, more than the output of the government security printing presses, now, it is faced with an altogether different issue. While the mints issued 8,810.65 million pieces of the newly designed Rs 500 note, the RBI has only received 7,260 million.
Value of the missing notes is a staggering Rs 88,032.5 crore
No-one knows the whereabouts of the 1,760.65 million of Rs 500 notes which have mysteriously gone missing, taking into account the 210 million pieces printed in the Nashik mint between April 2015 and March 2016. The value of the missing notes is a staggering Rs 88,032.5 cr.
Despite repeated attempts, RBI spokesperson refuses to comment on the missing notes from RBI vaults
RBI spokesperson did not comment despite repeated attempts.
Data obtained under RTI
India prints its currency notes at three government mints – the Bharatiya Reserve Bank Note Mudran (P) Limited, Bengaluru, Currency Note Press, Nashik, and Bank Note Press at Dewas and sends them to the RBI vaults, for further distribution in the Indian economy.
According to data obtained under the Right to Information Act (RTI) by activist Manoranjan Roy, 375.450 million pieces of the newly designed Rs 500 note were printed by the Currency Note Press, Nashik, but RBI records having received only 345.000 million pieces printed between April 2015 and December 2016. In another RTI reply last month, the Currency Note Press, Nashik, said for the financial year 2015-2016 (April 2015-March 2016,) 210.000 million pieces of Rs 500 were supplied to the RBI when Raghuram Rajan was the RBI governor.
The Report of the Currency Note Press, Nashik, has shown the newly designed Rs 500 currency notes were supplied to the Central bank but the RBI annual report does not mention receiving any Rs 500 notes with the new design, in its Public Domain Annual Report on Currency Management. Further information provided by the Currency Note Press, Nashik, mentions 1,662.000 million pieces of the newly designed Rs 500 note were supplied to the RBI in 2016-2017.
Huge Mismatch
The Bharatiya Reserve Bank Note Mudran (P) Limited, Bengaluru, supplied 5,195.65 million pieces of Rs 500 to the RBI and the Bank Note Press, Dewas, supplied 1,953.000 million pieces to the RBI in 2016-2017, but the RBI has received only 7,260 pieces of the newly designed Rs 500 note from all three printing presses. There is a mismatch, as 8,810.65 million pieces of the newly designed Rs 500 note were printed by the three mints in all, but the RBI received only 7,260.000 pieces.
Missing pieces no joke
“The apex bank is indifferent to the harm caused to the Indian economy with such a huge mismatch in highdenomination Indian currency notes printed in the mints and the total received in the RBI vaults. The missing 1,760.65 million pieces is no joke. It raises security concerns about our Indian economy and its stability,” said Manoranjan Roy.
Activist has written to Central Economic Intelligence Bureau and ED
He has written to the Central Economic Intelligence Bureau and the Enforcement Directorate to investigate the irregularities in the millions of high-value currency notes printed in the three mints. Senior RBI officials have defended the mismatch, citing the huge logistics in the printing and supply of currency notes. But, it is strange it should take so long for notes to reach the RBI vaults.
National News
FICCI Frames 2025: ‘Shaved Again After Reaching Colaba From Juhu But Now..’ Akshay Kumar Praises CM Fadnavis For Easing Traffic Congestion In Mumbai

Mumbai, October 7: Bollywood actor Akshay Kumar engaged in a candid conversation with Maharashtra Chief Minister Devendra Fadnavis on Tuesday, applauding the state’s rapid infrastructure development. Sharing a personal experience, Akshay said with a laugh, “Four days ago, I travelled from Juhu to Colaba in just 35 minutes. Earlier, it used to take so long that I had to shave twice, once before leaving home and again after reaching the set,” he said jokingly, drawing smiles from the audience.
He went on to highlight how the city’s connectivity has transformed. “There was a time when we used to talk about South Bombay and North Bombay, but now, because of the infrastructure you’ve created, it feels like one Mumbai,” the actor remarked.
During the conversation, Akshay urged the Chief Minister to focus on improving Film City in Goregaon, which he described as the heart of India’s film industry.
Responding to Akshay’s appeal, CM Fadnavis acknowledged the issue and shared his long-standing vision for the project. “I’m glad you brought this up. During my tenure between 2014 and 2019, one regret I have is that I couldn’t execute the Film City redevelopment. We had planned and designed it to become a vibrant international ecosystem and had even spoken to the film fraternity,” he said.
The Chief Minister assured that under the current government, he intends to turn that vision into reality. “This time, I will ensure that Film City is developed into a world-class ecosystem—one that reflects Mumbai’s global creative strength,” he added.
The interview offered a blend of star power and state vision, underscoring how infrastructure and creativity together shape Mumbai’s identity as India’s commercial and cultural capital.
National News
Navi Mumbai: Man Arrested For Molesting 19-Year-Old College Girl At Vashi Railway Station

Navi Mumbai: A 19-year-old college student was allegedly molested at Vashi railway station on Saturday morning while she was talking on her phone. The shocking incident, which took place around 11:40 am, has once again raised concerns about women’s safety in public transport spaces.
According to the police, the young woman was standing on the platform waiting for her train when a man came and stood close to her. While she was still on the call, the accused reportedly touched her inappropriately. Shocked and disturbed, the girl immediately approached a woman Government Railway Police (GRP) personnel who was on duty at the station and informed her about what had happened.
Senior Inspector Kiran Undre of the Vashi GRP said, “The complainant was returning home from college at around 11.40 am when the accused came and stood next to her on the platform. As she was talking on call, the accused touched her inappropriately. The victim immediately informed an on-duty woman GRP personnel. In the meantime, the accused had escaped.
The GRP officers quickly reviewed CCTV footage from the station and managed to identify the accused. A manhunt was launched, and the suspect was arrested from his residence on Monday, just two days after the incident. Senior Inspector Undre confirmed, “The accused’s image was obtained from the CCTV and he was arrested from his residence on Monday.”
Police said the accused will face charges under relevant sections of the Indian Penal Code related to molestation and outraging a woman’s modesty.
Earlier this year, Vashi GRP arrested a 21-year-old man for allegedly sexually harassing a 17-year-old girl in the Panvel-CSMT bound train on July 1 night. Kiran Undre, senior inspector of Vashi GRP, said that the arrested accused was identified as Indrajit Mukhiya, who works at a sweet confectionery in Kharghar. Acting on a complaint by the victim, the accused Mukhiya was booked under relevant sections of Bharatiya Nyay Sanhita and the Pocso Act.
National News
Maharashtra Govt Announces Up To 95% Subsidy For Rooftop Solar Panels Under SMART Scheme

Mumbai: In a major push toward sustainable and affordable energy for low-income households, the Maharashtra government on Monday issued a Government Resolution (GR) announcing heavy subsidies ranging from 90 to 95 per cent for the installation of rooftop solar panels under the Swayampurna Maharashtra Residential Roof Top (SMART) Solar Scheme. The initiative aims to help Below Poverty Line (BPL), Scheduled Caste (SC) and Scheduled Tribe (ST) consumers achieve ‘zero’ monthly electricity bills while promoting renewable energy adoption across the state.
According to the GR, households with monthly power consumption below 100 units will be eligible for the subsidy. The cost of installing a 1KW solar panel, capable of generating around 120 units of electricity per month, is estimated at Rs 50,000.
Of this, the Central government will provide Rs 30,000 as financial support. For BPL consumers, the state government will contribute an additional Rs 17,500, bringing the total subsidy to 95 per cent, with the consumer paying just Rs 2,500.
For SC and ST consumers with less than 100 units of monthly consumption, the subsidy will amount to Rs 45,000 (90%), requiring a contribution of Rs 5,000 from the consumer. Other economically weaker consumers who do not fall in these categories but consume less than 100 units monthly will receive a Rs 40,000 subsidy (80%), contributing Rs 10,000 themselves.
To ensure the smooth rollout of the scheme, the state government has allocated Rs 330 crore for the financial year 2025–26 and Rs 325 crore for 2026–27. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) will implement the project, with funds provided through the state’s budgetary grants.
Chief Minister Devendra Fadnavis had earlier announced the plan in the state assembly, emphasising its goal to make electricity nearly free for the economically weaker sections. “It is finally being implemented, and with the low costs involved, electricity becomes almost free for these consumers,” said MSEDCL Managing Director Lokesh Chandra, as quoted by Times of India. He added that beneficiaries would also have the opportunity to earn additional income by selling surplus solar energy back to the grid.
As per state estimates, around five lakh domestic consumers are expected to benefit in the initial phase, comprising approximately 1.5 lakh BPL households and 3.5 lakh low-consumption consumers. The GR also mandates suppliers to maintain and repair the installed solar systems for five years, prioritizing implementation in remote and underdeveloped regions such as Melghat, Nandurbar and Gadchiroli.
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