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 That means the country has officially withdrawn recognition of the validity of certain currency denominations.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

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 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 ...

(NEW DELHI) – Indian Prime Minister Narendra Modi on Tuesday announced that 500 and 1,000 rupee banknotes would be withdrawn from circulation at midnight, saying it was part of a crackdown on rampant ...

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 ...

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 ...

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 ...

We use money every day – to buy groceries, pay for a cab, or take change from a shop. But have you ever wondered where our notes and coins actually come from? The cash that keeps our economy running ...