india money

India Abolishes Larger Banknotes in Fight Against Graft, “Black Money”

By Neha Dasgupta and Nidhi Verma NEW DELHI, Nov 8 – Indian Prime Minister Narendra Modi on Tuesday announced that 500 and 1,000 rupee banknotes would be withdrawn from circulation at midnight, saying it was part of a crackdown on rampant corruption and counterfeit currency. The surprise step appears designed to bring billions of dollars

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