The Nepalese information and communications ministry said Indian currency notes higher than Rs 100 were illegal in the country.
Kathmandu: The Nepal government has banned the use...
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
An unfortunate development. When a foreigner uses our currency, the benefit of seigniorage accrues to the RBI and India. It also reflects a bond of friendship and solidarity, like the open border. Immediately after December 2016, we ought to have made special arrangements for Indian currency held by Nepali citizens to be redeemed. The amount was trivial in relation to the total stock of fifteen trillion, however it mattered to the Nepalese. It is only a matter Ipoh time before they start using Chinese currency.
An unfortunate development. When a foreigner uses our currency, the benefit of seigniorage accrues to the RBI and India. It also reflects a bond of friendship and solidarity, like the open border. Immediately after December 2016, we ought to have made special arrangements for Indian currency held by Nepali citizens to be redeemed. The amount was trivial in relation to the total stock of fifteen trillion, however it mattered to the Nepalese. It is only a matter Ipoh time before they start using Chinese currency.