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Indian Rupee news

Showing stories 1 - 10 of about 70   

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India rupee ban: Bangalore 'heist' bank driver arrested
Police in the Indian city of Bangalore have arrested the driver of a van carrying cash for ATMs who is accused of stealing 9.2m rupees ($134,000; �107,000) in new 2,000 rupee notes. Dominic Selvaraj allegedly drove off with the van six days ago while ...
India rupee ban: Sporadic 'day of rage' protests against cash ban
Several thousand people have demonstrated in a number of Indian cities against the government's ban on two major currency notes.
India braces for large protests after rupee banknote ban  RT
India rupee ban: Ex-PM Manmohan Singh rubbishes Modi crackdown
Former Indian Prime Minister Manmohan Singh has rubbished the government's move to ban two major currency notes, calling it "monumental mismanagement".
India's rupee crackdown sees money-changers ink-marked
India is using indelible ink on fingers to ensure people get only one chance to change their big bank notes. Prime Minister Narendra Modi scrapped 1,000 (�11.8) and 500 notes in a surprise move last week as part of a tax evasion and corruption crackdown.
Anger rising over India's bungled cash exchange  CNNMoney
No, you cannot deposit, or exchange Indian rupee in the United States  The American Bazaar
India rupee ban: Currency move is 'bad economics'
India's dramatic move to scrap 500 ($7.60) and 1,000 rupee notes is poor economics, a leading economist says. Kaushik Basu, the former chief economist for the World Bank, says the "collateral damage" is likely to outstrip its benefits.
India raises withdrawal limit as rupee anger mounts  BBC News
British travellers risk cash crunch as shock withdrawal of 500 and 1000 ...  This is Money
Indian Rupee Continues To Make Headway After RBI Surprisingly Holds Pat
At the beginning of November the Indian government pulled 86% of the country's currency out of circulation, banning all 500 and 1,000 Rupee notes in an attempt to combat corruption, black money and terrorism. That decision heaped pressure on the Indian ...
Indian rupee strengthens against US dollar to close near one-month high  Livemint
Indian Rupee is expected to appreciate: Angel Broking
Indian Rupee Heads Toward New Low
MUMBAI—The Indian rupee hurtled toward an all-time low Thursday as the dollar rallied against a basket of currencies and investors continued to pull money out of Indian securities.
India's Rupee Finds Itself in a Whole New Kind of Mess  Fortune
Indian Rupee Forecast to Struggle into Year-End  Pound Sterling Live
India's rupee crisis: Modi accused of raiding rivals' coffers before key election
The prime minister last week outlawed 500- and 1,000-rupee notes in a drive to rein in corruption and a shadow economy that accounts for a fifth of India's $2.1tn gross domestic product. With no state election funding, illicit cash is the lifeblood for ...
Please 'Note': How to Exchange Money and Get the New Indian Rupee  BC Rainforest: Ecologue
Mobile payments firms are cashing in on India's rupee crisis
Moolchand Paratha is just one example. The famous street food stall in New Delhi had only ever accepted cash for its Indian breads. It signed up for mobile wallet app PayTM just hours after Prime Minister Narendra Modi dropped the rupee note bombshell.
India's rupee restrictions are boosting demand for bitcoin
Indian Prime Minister Narendra Modi's decision to withdraw 500 and 1000 rupee notes from circulation has sparked interest in bitcoin among India's consumers. Following last week's announcement that the notes were no longer legal tender, sales volumes ...