rupees

India’s Cash Crunch Hits Countryside, Weddings in Trouble

By Sunil Kataria DUDKO, India, Nov 12 – In the dusty village of Dudko, farmers and villagers are desperate for new currency notes after the Indian government banned 500 and 1,000 rupee notes last week in an effort to flush black money out of the economy. Residents of the sleepy village, 75 kms (45 miles)

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Pakistan Aims to Raise $379 million in New Taxes to Meet IMF Targets

By Asad Hashim ISLAMABAD, Nov. 30 (Reuters) – Pakistan must raise an extra $379 million through new tax measures, the finance minister said on Monday, as the government seeks to qualify for its latest IMF loan tranche. Earlier this month, the IMF approved the release in December of a $502 million tranche of Pakistan’s three-year

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