Demonetized Currency of Rs.50 Crore Recovered in India
Directorate of Revenue Intelligence (DRI) – an Intelligence Agency of the Government of India – said Sunday it zeroed in on an office premises at Bharuch in Gujarat State and…
Congress Criticizes Modi’s Anti-Corruption Demonetization Drive
Congress, an opposition political party in India, is disturbed over Indian government’s decision to demonetize currency notes in order to curb corruption in the country. In a statement issued today,…
Currency Notes: What Is President Mukherjee’s Advice to People?
The President of India Pranab Mukherjee has welcomed the “bold step” taken by the Indian government to declare that all Rs. 500 and Rs. 1000 currency notes will cease to…
Rs. 500 and Rs. 1000 Currency Notes Demonetized in India
In a sudden address to the nation at 8 p.m. today, the Prime Minister of India Narendra Modi has declared that the currency notes of Rs. 500 and Rs. 1000…
What Exactly Is the Islamic State’s New Currency for the Caliphate?
By Rakesh Raman The Islamic State (or the Islamic State of Iraq and Syria, ISIS) has decided to produce its own currency in the form of gold, silver, and copper…
Will You Use Alternative Currency Like Bitcoin?
As buzz about Bitcoin, a five-year-old cryptocurrency, continues to build, the question is often asked – will consumers embrace this alternative currency? A new nationwide survey conducted for TheStreet (NASDAQ:…