India’s surprise announcement last week about invalidation of the country’s most circulated cash is quickly becoming more than just inconvenience for many. Nearly three dozen people have died in the ...

A year after Prime Minister Narendra Modi suddenly extinguished nearly 90% of India’s currency by value by invalidating the country’s two highest denomination currency bills, Indians are still ...

This article analyzes the impact of demonetization on the volatility of the Indian stock market and assesses the investment certainty in India after demonetization. A symmetric generalized ...

On May 19, the Reserve Bank of India announced that it was pulling out of circulation the country’s highest denomination currency, the 2,000 rupee note (worth $24.27 at today’s exchange rate). Unlike ...