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In the abbreviated form, usage such as "₹ 5L" or "₹ 5 lac" (for "5 lakh rupees") is common. [4] In this system of numeration, 100 lakh is called one crore [3] and is equal to 10 million. Formal written publications in English in India tend to use lakh/crore for Indian currency and Western numbering for foreign currencies, such as dollars ...
Commonly used quantities include lakh (one hundred thousand) and crore (ten million) – written as 1,00,000 and 1,00,00,000 in some locales. [1] For example: 150,000 rupees is "1.5 lakh rupees" which can be written as "1,50,000 rupees", and 30,000,000 (thirty million) rupees is referred to as "3 crore rupees" which is can be written as "3,00 ...
Crore (/ k r ɔːr /; abbreviated cr) denotes the quantity ten million (10 7) and is equal to 100 lakh in the Indian numbering system.In many international contexts, the decimal quantity is formatted as 10,000,000, but when used in the context of the Indian numbering system, the quantity is usually formatted 1,00,00,000.
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
In the 1950s, soon after the independence, per capita income in Assam was little higher than that in India; [11] it is much lower today. In the year 2000–2001, per capita income in Assam was INR 6,157 at constant prices (1993–94) and INR 10,198 at current prices, which is almost 40 percent lower than that in India. [ 12 ]
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During 2013–14, the state exported 4.13 lakh tonnes and ₹1,800 crore worth of seafood. In 2014–15, the value of exports rose by 26% to ₹2,300 crore with 4.67 tonnes being exported. Odisha is the fourth largest shrimp producing state in India.
In India, due to a numeral system using lakhs (lacs) (1,23,456 equal to 123,456) and crores (1,23,45,678 equal to 12,345,678), a comma is used at levels of thousand, lakh, and crore. For example, 10 million (1 crore) would be written as 1 , 00 , 00 , 000.