Fake notes with 'movie shooting purpose only' written on them send police into tizzy in Sirsi
Sirsi (Karnataka), Apr 8 (PTI): The police in Uttar Kannada went into a tizzy on Tuesday after they found fake currency notes of Rs 500 denomination from a house in Dandeli with 'movie shooting purpose only' written on them.
Based on a tip-off, police searched a rented house at Gandhinagar in Dandeli and confiscated the fake currency notes along with a money counting machine.
Arshad Khan, who is said to be from Goa, was staying as a tenant in the house belonging to Noorjan Jhunjuwadkar, police said.
Police were informed after Jhunjuwadkar noticed that Khan was absent from the house for the past one month.
The fake currency notes had the inscription 'Reverse Bank of India' on them, but did not have the signature of the RBI governor, police said.
The notes were printed on a shining paper with only zeros written in the place of the number, and 'movie shooting purpose only' inscribed on them, police said.
A hunt is on to trace Khan to question him about the seizure, they added.
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Karnataka's BioEconomy reaches USD 39.2 billion, says report
Bengaluru (PTI): Karnataka's BioEconomy has reached USD 39.2 billion in 2025, marking strong growth from previous years and reaffirming the state's leadership position nationally, according to an official report released on Monday.
The Karnataka Innovation and Technology Society (KITS), under the Department of Electronics, IT, Biotechnology and Science & Technology, unveiled the Karnataka BioEconomy Report 2025 in collaboration with the Association of Biotechnology Led Enterprises.
The report that was released by IT Minister Priyank Kharge stated that the state contributes around 21 per cent of India's BioEconomy and accounts for over 10 per cent of Karnataka's GSDP.
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According to the report, the BioEconomy has expanded from USD 31.0 billion in 2023, reflecting 26.5 per cent cumulative growth, and is now adding nearly USD 10 billion every quarter to the state's GDP.
BioPharma remains the anchor with over 40 per cent share (about USD 16.44 billion), driven by biologics, biosimilars, vaccines and diagnostics, it said.
"BioIndustrial biotechnology has emerged as the fastest-growing segment (about USD 11.46 billion, around 29 per cent share), led by fermentation-based industries, biofuels, enzymes and sustainable materials," the report stated.
BioServices accounts for about 25.8 per cent share, while BioAgri contributes to sustainable agriculture and input innovation, it added.
The report said BioEconomy growth is becoming increasingly multi-regional. While Bengaluru Urban accounts for about 54 per cent of the state's BioEconomy, Mysuru contributes around 8.7 per cent, while Belagavi and Dakshina Kannada together account for over 9 per cent. Northern districts remain the Agri-biotechnology belt.
As many as 218 new biotech startups were added in 2025, taking the cumulative total to 1,451 startups, with over 75 per cent focused on life sciences and health-tech. Bengaluru accounts for about 54 per cent of startups, it stated.
Between January 2024 and October 2025, the report stated that Karnataka attracted USD 1.14 billion across around 40 deals spanning BioPharma, MedTech, precision fermentation, digital health and AgriBio.
Minister Kharge said, "With our BioEconomy crossing USD 39 billion and contributing over 10 per cent to our GSDP, biotechnology is no longer confined to laboratories - it is now a central driver of economic growth, industrial innovation and societal impact."
He said that the state government's focus is on building a full-spectrum biomanufacturing economy by supporting deep-tech startups, strengthening innovation infrastructure, and ensuring that growth reaches beyond Bengaluru to every region of the state.
