When it comes to money, ignorance is bliss. For the second time in recent years, India seems to have disregarded this maxim. In November 2016, Prime Minister Narendra Modi shocked the world by outlawing the 500 ($6) and 1,000 rupee ...

Reserve Bank of India (RBI) governor Shaktikanta Das on Monday ruled out the re-introduction of currency notes with a denomination of Rs 1,000. Addressing the media for the first time after the central bank announced last Friday it was withdrawing ...