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
Madhya Pradesh gears up for NEET-UG 2026; CM directs officials to ensure ‘zero-error’ conduct of exam

Bhopal, June 16: With the National Eligibility-cum-Entrance Test (NEET-UG) 2026 scheduled to be held on June 21, Madhya Pradesh Chief Minister Mohan Yadav on Tuesday reviewed the state’s preparedness and directed government officials to ensure a “transparent, secure and error-free conduct” of the examination across all examination centres.
Chairing a high-level review meeting via video conference from the Mantralaya, the Chief Minister said the credibility of a national-level examination depends on meticulous planning and flawless execution.
“NEET is a national-level examination. All preparations must be completed in advance and the examination should be conducted with complete transparency. There should be no lapses or errors at any stage,” Chief Minister Yadav said in statement.
The examination will be conducted at 283 centres spread across 30 districts of the state, with Indore, Bhopal, Gwalior and Jabalpur accounting for the largest number of centres.
The examination will be held from 2 to 5:15 p.m. on June 21 in pen-and-paper mode.
Against the backdrop of heightened scrutiny of competitive examinations in recent years, the Chief Minister directed government officials to strengthen security arrangements and ensure that biometric verification systems, CCTV cameras and jammers are installed at all examination centres by June 19.
He also ordered trial runs of the equipment a day before the examination.
The review meeting paid special attention to Jabalpur, where President Droupadi Murmu is scheduled to visit on the same day.
Chief Minister Yadav instructed district administration and police officials to formulate a detailed traffic management plan to ensure that candidates reach their examination centres without delays.
He also noted that the International Yoga Day programmes would coincide with the examination and said administrative arrangements should be made to prevent any disruption to students.
“No candidate should suffer because of transportation or traffic-related issues. If required, administrative and police officials should assist students in reaching examination centres through available government resources,” the Chief Minister said.
National News
‘7 MPs of SS(UBT) willing to switch sides’: Shiv Sena MLC amid growing buzz over ‘Operation Tiger’

Mumbai, June 16: Amid the buzz and speculation over ‘Operation Tiger’ intensifying in Maharashtra, suggesting more MPs and MLAs are ready to abandon the Uddhav Thackeray-led Shiv Sena camp, a startling claim from SS (Shinde camp) MLC Krupal Tumane has sent political temperatures soaring within the Opposition ranks.
Krupal Tumane, speaking to media, said, “Out of nine MPs of SS(UBT), seven are willing to work under the leadership of Eknath Shinde. They want to work according to his policies and ensure development of their constituencies.”
“At least seven UBT MPs and 16 MLAs are in contact with us,” he said, emphasising the scale of “discontent and disgruntlement” within the Uddhav camp.
Tumane further stated that the “discussions” with them were in an advanced stage and the switchover may happen sooner rather than later.
The assertions by MLC Krupal Tumane come in the backdrop of heightened speculation of a fresh break-up in the Uddhav camp and how shifting loyalties could shake up the Bal Thackeray-founded party and ‘perennially’ alter the support bases of the two Shiv Sena factions in the state.
The speculations have, however, been refuted strongly by at least two Shiv Sena MPs, including Uddhav Thackeray’s staunch loyalist Sanjay Raut.
SS(UBT) MP Sanjay Raut has rubbished all speculations of ‘Operation Tiger’ and affirmed that the party remains “intact, united and strong”.
Voices of discontent and unease within the camp started surfacing over a recent meeting of the Sena MPs convened at ‘Matoshree’, the residence of Uddhav Thackeray.
Conflicting reports claimed that the informal meet was given a miss by most Sena Parliamentarians, and only a handful turned up. The party later, in a clarification, stated that all the MPs had joined the meeting, though some via virtual mode. This only gave strength to speculations that something was amiss within, as this marked a clear diversion from previous such meets.
Bhausaheb Wakchaure, another Shiv Sena(UBT) MP from Shirdi, dismissed the speculation as merely hearsay and stated that too much was being read into it, for stoking fresh turmoil in Maharashtra politics.
“I am with SS(UBT). These are just speculations; they have been going on for a year. I don’t know why they are going on,” he stated.
“Today, I am standing with UBT; I can’t say about tomorrow; I am not a soothsayer,” he said, giving fresh fodder for political watchers to interpret his remarks.
Business
Centre refutes reports on deep-sea energy pipeline between India and the Gulf

New Delhi, June 16: The government on Tuesday refuted media reports that it is pursuing a deep-sea energy pipeline, connecting Gujarat to Oman and other Gulf countries.
In a clarification, the Petroleum Ministry said it has noticed a series of media reports suggesting that the Government of India is actively pursuing a deep-sea energy pipeline, sometimes referred to as the Middle East-India Deepwater Pipeline (MEIDP), connecting Gujarat to Oman and other Gulf countries.
“The Ministry of Petroleum and Natural Gas wishes to categorically clarify that no such proposal is currently under consideration by this Ministry. There are no active discussions or negotiations with Oman or any other Gulf countries on this project at any level in this Ministry,” it said in a statement.
“This clarification is issued to put all speculation in this regard to rest,” added the ministry.
Meanwhile, the Malta-flagged LNG carrier DISHA, managed by a Shipping Corporation of India-led consortium, safely transited the Strait of Hormuz on Monday with a cargo of 62,370 metric tonnes of LNG bound for Dahej in Gujarat, and is likely to reach India on June 18.
The government said it remains in continuous coordination with the Ministry of External Affairs, Indian missions abroad, shipping companies, and other relevant stakeholders to ensure the safety and welfare of Indian seafarers and provide all assistance. Port operations across India remain normal, with no congestion reported.
The Directorate General of Shipping (DGS) has also advised shipping companies as well as maritime recruitment and placement agencies to restrict deployment of Indian seafarers to in the Middle East conflict areas until further orders, days after three Indian seafarers onboard MT Settebello were killed after the US military strike on the commercial vessel off the Oman coast.
DG Shipping, in a circular, said masters of vessels operating in or transiting through the Gulf region, including the Strait of Hormuz and adjoining waters, are advised to maintain heightened security awareness, closely monitor navigational warnings received and advisories issued from security agencies, and implement all applicable ship security measures and company security procedures.
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