RBI decision to not reissue copper-nickel series of Re 1 and 50 paise coins brings the end of a long coinage history that started with 'phootie cowries'.
India must offer the rest of the world sizable amounts of safe, readily available, and convertible assets that could be used as collateral in financial markets.
Union minister Piyush Goyal and UAE's Thani bin Ahmed Al Zeyoudi conclude 1st session of India-UAE Joint Committee on Comprehensive Economic Partnership Agreement.
According to the former CEO Krishnamurthy Subramanian, the 2000 notes are not in use in the everyday life of the common people and its cash in circulation is only 10 per cent.
While Rajya Sabha MP Sushil Modi urged central government to discontinue ₹2000 notes, fellow BJP MP Nishikant Dubey defended demonetisation in Lower House.
The Delhi CM said 'India will prosper' if photos of the deities are put on the notes. He also cited the example of Indonesia, a Muslim nation, that has a Ganesha on its currency note.
The reach and impact of influencers are so significant that even politicians such as Prime Minister Narendra Modi have recognised their value—the National Creators Award is proof.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.
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