Dec 8 (Reuters) - Indian prime minister Narendra Modi announced a shock move on Nov. 8 to ditch 500 and 1,000 rupee notes - worth a combined $256 billion - that he said were fuelling corruption, being ...
You may have heard of the demonetization of bank notes in India. That means the country has officially withdrawn recognition of the validity of certain currency denominations. The move was undertaken ...
ON NOVEMBER 8th 2016, Narendra Modi, India’s prime minister, stunned its 1.3bn people by announcing that most banknotes would soon become worthless. Indians then queued for weeks on end to exchange or ...
In today's digital age, cash still holds its own charm. But as technology has advanced, counterfeiters have also become more ...
India is withdrawing its highest value currency notes of Rs 2,000 (£19.4) from public circulation, the country’s central Reserve Bank of India announced on Friday but added that the denomination will ...
WHEN Narendra Modi, India’s prime minister, announced the shock recall of high-denomination banknotes on November 8th, economists hailed the move as strong but necessary medicine. The overnight ...
Well, that didn't take long, did it? We're only four months into demonetisation and good quality, but not perfect, fake Rs 2,000 banknotes are being reported in India. That they are reported to ...
Add Yahoo as a preferred source to see more of our stories on Google. People queue outside a bank to withdraw cash and deposit their old high denomination banknotes in Mumbai, India December 2, 2016.
The Reserve Bank of India (RBI) has put out a tender for a mobile app to enable visually impaired persons identify all denominations of Indian banknotes. According to RBI, the intaglio printing-based ...
To get a glimpse of India’s bewildering diversity, all it takes is a look at any Indian rupee banknote. While one side will carry English and Hindi words, the margin of the other will have a phrase ...
Old Indian banknotes are fetching surprisingly high prices, driven by demand for unique serial numbers like 786 and rare old designs, especially ₹50 notes. Collectors are actively seeking ...