News from India
On the evening of 8 November, vegetable vendor Vishal Gupta was preparing to shut his roadside stall when Prime Minister Narendra Modi announced that 500 ($7.30; £6) and 1,000 rupee… Continue reading Can India really become a cashless society?
The Indian government’s surprise decision to ban 500 and 1,000 rupee notes overnight in a crackdown on corruption, has impacted 86% of the money circulating in the country’s largely cash… Continue reading Meet the ‘money mules’ of India’s cash crisis
This week will be decisive for Prime Minister Narendra Modi’s audacious experiment in tackling tax evasion and corruption in India. Two weeks ago he gave the world’s seventh biggest economy… Continue reading Modi’s money medicine: Kill or cure?
Rescuers are combing through mangled wreckage after a train derailed in India’s northern Uttar Pradesh state. At least 133 people have died after the Indore-Patna Express derailed at 03:00 local… Continue reading India train: Rescuers comb through mangled wreckage
The death toll following the derailment of a train in India’s northern Uttar Pradesh state has now passed 100, with more than 150 injured, police say. Fourteen carriages of the… Continue reading India train crash: 100 killed in derailment near Kanpur
Sadhvi Deva Thakur, a self-proclaimed Indian god-woman who was on the run for three days after firing celebratory shots in the air at a wedding, has surrendered to a court.… Continue reading Gun-loving India ‘god-woman’ who shot wedding guests
Pictures of Indian PM Narendra Modi’s 94-year-old mother changing banned notes at a bank have hit the headlines. His mother, Heeraben, even posed with a new 2,000 rupee note outside… Continue reading India cash: Images of Modi’s mother at bank hit headlines
The plan to withdraw high-value rupee notes in India had to be kept secret, Prime Minister Narendra Modi has said. Four days after the launch of the anti-corruption move, long… Continue reading India rupees: PM Modi says move had to be secret
There have been chaotic scenes outside banks in India, two days after 500 ($7) and 1,000 rupee notes were withdrawn as part of anti-corruption measures. Some banks ran out of… Continue reading India rupees: Chaos at banks after ‘black money’ ban
Indian Finance Minister Arun Jaitley says “honest people” have no need to worry about a decision to scrap 1,000 and 500 rupee notes. Mr Jaitley said the move would flush… Continue reading Shock as India scraps 500 and 1,000 rupee bank notes
Surging pollution levels are driving panicked residents of the Indian capital, Delhi, to queue up for face masks, leading to shortages across the city, as the BBC’s Vikas Pandey reports.… Continue reading Delhi pollution: Face masks run out as residents panic
Indian Prime Minister Narendra Modi has announced that the existing 500 and 1,000 rupee banknotes will be withdrawn from the financial system overnight. The surprise move is part of a… Continue reading India scraps 500 and 1,000 rupee bank notes overnight
