Amazing and Beautiful

Mumbai:  Late on Tuesday, as Prime Minister Narendra Modi blindsided the nation with his biggest step against tax evasion, many Indians turned to Google for help. “How to convert black money into white money” was trending on the search engine, with queries surging soon after Modi announced the ban on Rs500 and Rs1,000 ($15) notes, rendering 86% of currency in circulation worthless. “Black money” is the local term for cash stashed away to avoid tax. “This one decision will change social culture, in the way people keep money and spend,” finance minister Arun Jaitley told reporters on Wednesday about the government’s move. “The honest person has the satisfaction to be honest and the not-so-honest worry.” Most of the searches on Google were from Modi’s home state of Gujarat, Google Trends show, a region known for its entrepreneurial spirit, small traders and jewellers that form the power base of the ruling Bharatiya Janata Party. Maharashtra, which includes the financial hub M...

Nano GPS chip that can help track the exact location of the note via a satellite. With the Prime Minister Narendra Modi scrapping the Rs 500, Rs 1000 notes on Tuesday in a move to fight against black money, the RBI unveiled the new Rs 500 and Rs 2000 notes to replace them. Now, the interesting thing is, as per reports, the new Rs 2000 notes are embedded with a micro Nano GPS chip which will help locate the position of the currency via a satellite. The first of its kind and definitely a major blow to black money hoarders, the GSP chip will act as a tracker and help locate the exact location of the currency via a satellite. According to reports, the chip has been fitted in such a way that it can detect Rs 2000 notes even from 120 meters below the ground. Reports furhter states that if one tries to tamper the nano GPS chip, the Rs 2000 will become damaged and unusable. So, with the new Rs 2000 note...