demonetisation

Reserve Bank of India leaves repo rate untouched

Reserve Bank of India leaves repo rate untouched

December 8, 2016

Much against the popular expectation, the Reserve Bank of India on Wednesday chose not cut the repo rate. It was left untouched at 6.25 pc.

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Demonetisation triggers cashless travel carnivals in India

Demonetisation triggers cashless travel carnivals in India

December 7, 2016

Impinged by the demonetisation, India’s travel and tourism industry is trying to inject innovation in terms of alluring consumers and turning cashless into a suitable marketing proposition.

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Wedding Paradox: Does demonetisation tick the right boxes?

Wedding Paradox: Does demonetisation tick the right boxes?

December 5, 2016

Marriage ceremonies are lavish and ostentatious affairs for the rich and well-to-do. For Indian business barons and politicians, the display of opulence begins with the wedding invite, demonetisation or no demonetisation! As the common man struggled to withdraw his hard-earned mo...

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Indian vegetable market slows down

Indian vegetable market slows down

December 3, 2016

Post demonetisation of currency bills of INR 500 and INR 1,000 in India, the country is already in a state of turmoil and the situation has changed for the worse as the vegetable wholesale and retail market is now witnessing a monumental economic crisis.

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India moves towards a digital economy post demonetisation

India moves towards a digital economy post demonetisation

December 2, 2016

India is witnessing a surge in digital payment, backed by government reforms and initiatives after high-denomination currency notes were discontinued in early November.

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Demonetisation: Soiled currency bills to the rescue!

Demonetisation: Soiled currency bills to the rescue!

November 25, 2016

When was the last time you tried to avoid a soiled currency note or made faces when somebody tried to short-change your money with soiled notes? When was the last time people refused soiled notes that you tried to desperately get rid of? You might want to rethink now.

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Indian government relaxes withdrawal norms

Indian government relaxes withdrawal norms

November 18, 2016

As demonetisation of INR 500 and INR 1,000 currency notes in India left the people with insufficient money to trade for daily necessities, the government has announced relaxations for farmers, families celebrating weddings, government employees and agricultural traders.

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Demonetisation of currency bills causes chaos within India and beyond

Demonetisation of currency bills causes chaos within India and beyond

November 11, 2016

The sudden announcement by Indian Prime Minister Narendra Modi on the new measure of demonetisation to deal with black money and fake currency bills has left the country divided.

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