India’s Prime Minister Narendra Modi says the vast majority of people who took part in a survey this week (via his app), have expressed support for the government’s demonetisation move. On Tuesday, ...

Among the millions who have been impacted by India’s surprise announcement to invalidate much of its cash is also the country's central bank, the Reserve Bank of India (RBI). Following the ...

Chaos and confusion, panic and pandemonium. It’s hard to overstate the impact that India’s shock decision on November 8 to withdraw all high-denomination banknotes from circulation has had on this ...

On Nov. 8, Indian Prime Minister Narendra Modi announced that, at the stroke of midnight, some 14 trillion rupees worth of 500- and 1,000-rupee notes – 86 percent of all the currency in circulation -- ...

NEW DELHI — Almost two years ago, Prime Minister Narendra Modi of India threw the country into turmoil when he decided, by surprise and practically overnight, to effectively invalidate the old paper ...