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Demonetization Series

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Demonetization is the act of stripping a currency unit of its status as legal tender. Some reasons include to combat inflation, to combat corruption, and to discourage a cash system. The process of demonetization involves either introducing new notes or coins of the same currency or completely replacing the old currency with new digital currency.

Demonetization Series

Indians' 'notes ban' compliance masks a silent crisis of legitimacy

Mar 28, 2017 14:30 pm UTC| Insights & Views Politics Economy

This article is part of the Democracy Futures series, a joint global initiative between The Conversation and the Sydney Democracy Network. The project aims to stimulate fresh thinking about the many challenges facing...

Demonetization Series

India's demonetisation drive has boosted banks and start-ups, but it's still a failure

Feb 21, 2017 08:18 am UTC| Insights & Views Economy

When Indian Prime Minister Narendra Modi announced the withdrawal of ₹500 (US$7.40) and ₹1,000 (US$15) banknotes from circulation in November 2016, the government said its demonetisation drive would curb Indias shadow...

Demonetization Series

Subdued inflation and negative demonetisation effect to pressurize RBI for rate cut in February

Jan 18, 2017 10:56 am UTC| Commentary Economy

Indias inflation continued to remain subdued during the month of November, exerting deeper pressure on the Reserve Bank of India (RBI) to undertake to ease policy in the next 2-day bi-monthly monetary policy scheduled to...

Demonetization Series

Central Banking Series

FxWirePro Poll: India's subdued inflation and negative demonetisation effect to pressurize RBI for rate cut in February

Dec 26, 2016 07:02 am UTC| Economy Central Banks Insights & Views

Indias inflation continued to remain subdued during the month of November, exerting deeper pressure on the Reserve Bank of India (RBI) to undertake easing policy in the next 2-day bi-monthly monetary policy scheduled to be...

Demonetization Series

Digital Currency Revolution

India's Bitcoin prices spike 25 pct on demonetisation

Nov 23, 2016 06:50 am UTC| Digital Currency

[The article has been updated to include a tweet from TuurDemeester,editor in chief at Adamant Research] Indian governments latest drive to demonetize currency notes of 500 and 1,000 denomination announced earlier this...

Demonetization Series

Indian bonds rally on Modi’s demonetisation move, market pricing 25bps cut from RBI

Nov 10, 2016 09:14 am UTC| Commentary

The Indian government bonds rallied Thursday as investors poured into safe-haven assets on rising speculation that the governments demonetisation move will improve banking system liquidity and lower inflation, creating...

Economy

US Stock Futures Rise as Oil Prices Fall Ahead of Q3 Earnings

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Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns

Gold prices climbed on Monday as investors weighed U.S. President Donald Trumps announcement of an immediate energy ceasefire between Russia and Ukraine against escalating Middle East tensions and persistent inflation...

UK Finance Minister Healey Calls for Fiscal Discipline Amid Global Risks

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Oil Prices Rise as Houthi Attacks Threaten Middle East Supply

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Bank of America Predicts Yen Rebound as USD/JPY Faces Risks

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Politics

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Panama Declares Emergency After 7.7 Earthquake Triggers 200 Aftershocks

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North Korea Fires Ballistic Missiles as Tensions With South Korea Escalate

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Pakistan Declares Emergency in Khyber Pakhtunkhwa, Suspends Imran Khan’s PTI Government

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Djibouti Migrant Boat Capsizes, Killing 139 and Leaving 84 Missing

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

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SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

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Trump Administration Releases New UFO Files and Apollo Mission Records

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China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Apple Supplier Luxshare Faces US Patent Probe, Sees Limited Impact

Chinese electronics manufacturer Luxshare Precision Industry, a major supplier to Apple, expects minimal disruption to its business from a US patent infringement investigation involving data centre power supply technology....

TSMC Profit Set to Surge 65% as AI Chip Demand Drives Record Earnings

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Moonshot AI Executives Seek Settlement Ahead of Hong Kong IPO

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Amazon in Talks to Acquire AI Startup Decart for $7 Billion

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Yandex Data Center Hit by Drone Strike as Russia-Ukraine Cyber Infrastructure Attacks Escalate

Russian technology giant Yandex has suspended operations at a major data center in the Vladimir region following a drone strike, marking the third attack on its server infrastructure within four days as the Russia-Ukraine...