Tag Archives: rupees

India will start withdrawing its highest value currency notes from circulation, the central bank said on Friday, in a move that economists said could boost bank deposits at a time of high credit growth. The withdrawal of 2,000-rupee ($24.5) notes – which the finance ministry’s top official, T.V Somanathan, said …

India will need to spend an additional 800 billion rupees ($11 billion) to provide free vaccine and food to millions of people devastated by a deadly wave of coronavirus infections, Bloomberg News said on Tuesday. The government of the world’s second-most populous nation will earmark an additional 700 billion rupees …