We're just hitting the 50 day stage in Prime Minister Narendra Modi's campaign to move India to a less cash, if not a cash less, society. Part of this was demonetization, the taking of the old Rs ...

If nothing else, demonetization united India on a mutual mission: to comply with their government's policy and get life back to normal again as soon as possible. It’s now been over seven months ...

India's enviable growth continues — at least ... "There has been a sense that reform momentum is building, and the demonetization move...[is] another example of that," Shah said.

Nearly six weeks after India abruptly scrapped high-denomination banknotes accounting for about 85% of its currency by value, the economy continues to slow. Poor and middle-class Indians are still ...

Data released by the Reserve Bank of India (RBI) indicates that demonetization has failed to flush out black money. Nearly 99 percent of the scrapped notes were deposited into the country’s ...

This is a policy known as demonetization. Modi said India needed it because of "black money," which is money outside the tax system. He said, criminals and tax evaders hoarding stacks of cash ...

Interviews with business leaders in India confirm that impression: Citizens, by and large, see demonetization as an effective means to root out tax evasion and counterfeit currency, which has been ...

The Indian central bank’s final tally of Prime Minister Narendra Modi’s 2016 demonetization drive, intended to take money derived from tax evasion out of circulation, showed that 99.3 percent ...

Bhaskar Chakravorti, the dean of global business at The Fletcher School at Tufts University, analyzes the economic impact of India’s unprecedented demonetization move in... Bhaskar Chakravorti ...

NEW DELHI—India’s economy likely decelerated to its slowest pace in almost three years at the end of 2016, hit by Prime Minister Narendra Modi’s bold move to rein in corruption by ...

However, the court declined to actually gauge the success or failure of demonetization, as it would, in its view, not be relevant to the questions posed by the petitions. P. Chidambaram, former ...