Month: November 2017

Government’s Fight On Note Ban Not Ended

November 5, 2017

Recently, RBI released an annual report, which stated that about 99 percent of the demonetised notes that had high value came back to the system. This led to the Modi government ramping up their outreach on social media in defence of the demonetisation. The finance ministry said that they still expect a higher dividend from […]

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Iran May Follow Venezuela In Launching Its Own Cryptocurrency

November 5, 2017

Iran has announced its intent to establish a national cryptocurrency. In a tweet posted Wednesday, an Iranian official said that a test model for a “cloud-based digital currency” is being developed for submission to the Iranian banking system. The official, Mohammad-Javad Azari Jahromi, heads Iran’s Ministry of Information and Communications Technology. Jahromi made the announcement after a […]

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