black money

Narendra Modi’s Black Money Move

Could India’s demonetization cause more harm than good? By Jyoti Malhotra India is either in the throes of a man-made cash crisis or on the verge of a new economic dawn. Depending on whom you speak to in the days following Prime Minister Narendra Modi’s decision on November 8 to demonetize the Rs 500 and Rs

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India’s Gold Traders on Edge as Modi Fights ‘Black Money’

By Neha Dasgupta and Swati Verma NEW DELHI/BENGALURU, Nov 16  – Some Indian gold traders are placing bulk, short-term import orders on fears that Prime Minister Narendra Modi might soon add curbs on overseas purchases of the metal to his withdrawal of high-denomination banknotes in his fight against ‘black money’, traders and jewellers said. India

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