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 ...

HONG KONG/SINGAPORE (Reuters) - India's shock move on Tuesday to withdraw large denomination bank notes from circulation to fight corruption and tax evasion has left some overseas citizens high and ...

You are able to gift 5 more articles this month. Anyone can access the link you share with no account required. Learn more. A TAXI DRIVER, center, pleads in front of a gas station attendant to accept ...

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 ...

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 That means the country has officially withdrawn recognition of the validity of certain currency denominations.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 ...

Each Indian banknote is more than just currency—it carries a piece of the country’s rich history. This World Heritage Day, we explore the iconic heritage sites featured on Indian rupee notes, their ...

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 ...

Mohandas Karamchand Gandhi whom the entire world knows as Mahatma Gandhi, the father of our nation or 'Bapu' as he is fondly called by many, always comes to mind whenever we hold a currency note in ...

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 ...

India plans to eliminate the current versions of its two largest banknotes in a bid to undermine pervasive corruption. Prime Minister Narendra Modi announced Tuesday that current 500- and 1,000-rupee ...

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 ...