Tag Archives: DEMONETIZATION
Indian Prime Minister Modi drops ministers as economy slips
:: India’s Prime Minister Narendra Modi on Sunday reshuffled some of his key minister’s portfolios to refurbish his government’s image, which has been dented by falling economic indicators. Modi named Suresh Prabhu as the new commerce and industry minister and
Indian government rushes to defend bank note ban as doubts grow
:: India’s government scrambled to defend its attempt to crack down on the shadow economy by banning high denomination banknotes, after data showed almost all of the abolished currency had made it back into the banking system. Prime Minister Narendra
Going digital: Here is an overview of India’s cash-less initiatives
India has launched a slew of electronic systems to encourage its 1.2 billion people to rely less on cash, and adopt digital services to buy everything from groceries to fuel. Here is an overview of India’s cash-less initiatives. United Payments
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