#haj note

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Independence Day 2025 | A nation in banknotes

The birth of a banknote occurred in the 18th century Defined by a nation and driven by commerce, a banknote — a promissory note issued by a bank and payable to the bearer on demand — is many things. For the longest time in history, the idea of money was transactional, pivoting from barter systems to commodity exchange such as grain, metal and metal coins, and a form of paper money in early…

Independence Day 2025 | A nation in banknotes

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Haj rupee’s journey from pilgrim’s wallet to collectors’ shelf | india news

Haj rupee’s journey from pilgrim’s wallet to collectors’ shelf | india news

As millions of pilgrims gather at Mecca and Medina for the annual Haj pilgrimage this week, Hajis recollect a specially-minted Indian rupee note that officials would issue every year for the journey. The ‘lal’ note, a name it got because the Rs100 note was a shade of red, has now become a rare, collector’s item.

Thane resident Abdullah Kaka, 81, recollects using it during his visits to Mecca…

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