All You Need To Know About New Rs 100 Coins That Are Coming Soon
The Rs 100 coins will be introduced to commemorate the occasion of Dr MG Ramachandran birth centenary. This was stated in a notification, dated September 11, from the Ministry of Finance. New Rs 5 coins will also be issued to mark the birth centenary of the late AIADMK founder, the notification added. The Rs 100 coin will be 44 millimeter in diameter with a metal composition of silver (50 per cent), copper (40 per cent), nickel (5 per cent) and zinc (5 per cent).
"The coins of the denominations (Rs 100 and Rs 5) shall also be coined at the Mint for issue under the authority of the Central Government to commemorate the occasion of Dr M G Ramachandran birth centenary," the notification said.
On the obverse, the face of the Rs 100 coin will bear "Lion Capitol of Ashoka Pillar" in the centre with "Satyamev Jayate" inscribed below on it in Devnagari script. It will also bear the rupee symbol and denominational value "100".
On the reverse side, the portrait of Dr MG Ramachandran will be in the centre. The standard weight of the Rs 100 coin will be 35 grams.
The new Rs 5 coins will be 23 millimeter in diameter and it will weigh 6 grams. The metal composition of the Rs 5 coin will be copper (75 per cent), zinc (20 per cent) and nickel (5 per cent).
The Tamil Nadu government had earlier urged the Centre to issue a commemorative coin and special postal stamp on the birth centenary of former chief minister MG Ramachandran, saying it would be a "fitting tribute" to the Bharat Ratna recipient on the occasion.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
