As some of us have been predicting for some time now the process of demonetisation in India is going to bring interest rates down. When the Rs 500 and Rs 1,000 notes were to be withdrawn from ...
The demonetisation effort being led by PM Modi in India is that idea that Rs 500 and Rs 1,000 notes should be declared no longer legal tender, to be replaced by other notes of different designs and in ...
Last month, India pulled from circulation INR500 and INR1,000 banknotes, in a bid, the country’s government said, to clamp down on counterfeiting, corruption, drug use and smuggling. The ...
India carried out a massive demonetisation exercise that began on November 8, 2016. We covered the story of demonetisation extensively after it happened and had predicted that the program would be ...
At 8PM on Tuesday November 8, the Hindu-supremacist BJP government led by Narendra Modi made a shock “demonetisation” announcement invalidating all Rupee (Rs ...
It has been over three months since the November 2016 surprise demonetisation of 86 per cent of India’s currency in circulation. The short-run costs of the measure are becoming clearer. India’s ...
Demonetisation has possibly been the single biggest policy brand this country has seen in 2016. It certainly was bigger than GST from an impact perspective. It is a policy initiative that in its ...
In November 2016, India made an unexpected economic move and demonetised 86 per cent of the country’s currency in circulation. One year on, any assessment of India’s demonetisation policy is clouded ...
Just seven days and Indian prime minister Narendra Modi’s massive demonetisation exercise has snowballed into an unprecedented financial emergency in Asia’s third-largest economy. On Nov. 08, Modi ...
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