The RBI has also announced that Rs 20 and Rs 50 notes issued in the past will continue to be legal.
The Reserve Bank of India today announced that it will issue new notes of Rs 20 and Rs 50 soon. The announcement came in the wake of the ongoing cash crunch following Prime Minister Narendra Modi's decision to demonetise Rs 500 and Rs 1,000 notes on the midnight of November 8.
The new Rs 20 notes will have the inset letter 'L' in both number panels. The RBI has also announced that Rs 20 and Rs 50 notes issued in the past will continue to be legal.
The Rs 50 note will also be released in Mahatma Gandhi Series-2005. The RBI in a release said that design and security feature on these bank notes will be similar to the bank notes of Rs 20 denomination. The notes will also have ascending font on numerals in both panels without intaglio print that was issued earlier in Mahatma Gandhi-2005 series.
The announcement comes as a breather for citizens who were grappling with shortage of cash and limited denominations ever since the demonetisation drive.
While the nation has been gripped in chaos since demonetisation, the State Bank of India has announced that its ATMs will soon dispense Rs 50 and Rs 20 notes.
A train in northern India has derailed, killing at least 100 people and injuring dozens more, police officials have said.
Home Minister Rajnath Singh said the express train
travelling between the cities of Patna and Indore came off the
tracks near Kanpur city.
Fourteen carriages left the tracks, railway officials said.
Two senior police officials in Kanpur said their teams have pulled out at least 100 bodies from the badly damaged carriages.
"Still many more passengers are trapped," a senior railway official in New Delhi said.
Prime Minister Narendra Modi expressed his condolences on Twitter.
"Anguished
beyond words on the loss of lives due to the derailing of the
Patna-Indore express. My thoughts are with the bereaved families," he
wrote.
Railways Minister Suresh Prabhu said the government would immediately
investigate the causes of the derailment and promised accountability
with the "strictest possible action".
India's railway system is
the world's fourth largest, ferrying more than 20 million people each
day, but it has a poor safety record, with thousands of people dying in
accidents every year.
The nation suffers frequent train
derailments, sometimes with tragic consequences, including another train
accident in Uttar Pradesh in March last year that killed 39 people.
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Filmmaker Mansoor Khan said actor Aamir Khan refused to do Josh because of Shah Rukh Khan's role in the 2000 film.
The filmmaker, who directed Aamir in 1988 hit romantic , drama Qayamat Se Qaya,at Tak added that he still thinks that Aamir and Shah Rukh were the perfect casting for the film.
"I still think Aamir and Shah Rukh were the perfect casting for the
film. However, Aamir refused to play that role. That's his choice," he
said.
He added Aamir wanted to chsnge his image also.
He no longer wanted to play that lover boy or the romantic guy. The
second reason is the character Max (played by Shah Rukh) is a very
charismatic character. Everybody wanted to play Max."
Mansoor talked about the hit film, which also features Aishwarya Rai
Bachchan and Chandrachur Singh, at a panel discussion of 18th Mumbai
Film Festival with Star on Saturday.
He also shared that even Kajol wanted to play SRK's character.
"When I offered Kajol the role of Shah Rukh's sister in the film, she
listened to the script and said she wanted to do Max," he added.
THE hunt for the elusive Planet Nine
could be over within 16 months, according to one of the scientists who
first predicted its existence.
The mammoth
celestial body has so far escaped our detection but the currently
hypothetical planet which is believed to sit at the edge of our solar
system certainly seems to make its presence known.
The scientists
who first suggested its existence earlier this year believe they’ve
found further proof of the influence it yields over its cosmic
neighbours.
Researchers the University of Technology California
claim Planet Nine is responsible for causing the solar system to
“wobble” due to its massive size.
Konstantin Batygin and Mike
Brown first discovered the planet’s existence through mathematical
modelling and computer simulations. They presented their evidence in
January but the world has not yet been able to observe the planet
directly.
Even though its believed to be 10 times the size of
Earth, it has likely escaped the gaze of telescopes because it is so far
away from the Sun.
This week the pair of scientists, along with
fellow astronomer Elizabeth Bailey, stoked the flames of speculation by
presenting a study at the annual meeting of planetary scientists of the
American Astronomical Society claiming the mysterious planet is
responsible for the perceived tilt of the sun.
We’ve known that the sun’s rotational axis is tilted for about 200 years, but scientists have never understood exactly why.
Bailey,
Batygin and Brown believe a large planet lurking in the depths of the
solar system is responsible and the latest addition to their theory was
published this week by theAstrophysical Journal.
“Because Planet Nine is so massive and has an orbit tilted compared
to the other planets, the solar system has no choice but to slowly twist
out of alignment,” lead author Elizabeth Bailey said in a statement.
The sun rotates on a different axis to all the other planets. Earth,
Venus, Mars, Mercury, Uranus, Neptune, Saturn and Jupiter all share a
common plane but for some reason it is tilted by about six degrees in
relation to the sun — causing our perception that the sun is tilted.
It’s a quirk that has long troubled scientists.
“It’s
such a deep-rooted mystery and so difficult to explain that people just
don’t talk about it,” said Mr Brown. “If you ask yourself where the sun
is tilted in real life there’s where we predict it should be,” he added
He
believes it’s a matter of time until we have visual confirmation of
Planet Nine saying he is “pretty sure” we’ll track it down within about
16 months.
“I think that there’ll be enough people looking for it that … somebody’s actually going to track this down,” he said.
At the “next one of these (conferences) we’ll be talking about finding Planet Nine instead of just looking for it,” he added.
For now, researchers are left to speculating over the mind boggling measurements associated with the elusive space body.
Thought
to be roughly 10 times the mass of planet Earth, scientists believe it
lies hundreds of astronomical units from the sun. One astronomical unit
is the mean distance between the earth and the sun which equates to
149.6 million kilometres.
They also think it would take the planet between 10,000 and 20,000 years to make just one full orbit around the sun.