How demonetisation will impact money supply

THE ECONOMIC TIMES Wed, Nov 16, 2016 | 06:13 PM IST Slideshows Newsletter

Countries that tried demonetisation and failed It's not the first time distress has spread in the wake of a currency reform. While major operations in developed nations went smoothly, others in emerging markets have not -- especially when mounted by governments that, unlike India's, weren't democratically elected. Cars of the world's most powerful people Heads of State wield immense power, often across the globe. One of the most visible signs of their prestige is the official state vehicle. Here is a list of the top-ten most expensive official state cars in the world. How demonetisation will impact money supply The government's move to demonetise Rs 500 and Rs 1,000 currency notes will immediately impact reserve money and money supply in the system along with the balance sheet of the Reserve Bank of India, the sole authority in the country for accepting currency notes and coins as legal tender. Politicians and their hi-tech buses It is the political season of road yatras and parties want their leaders to travel in comfort. Even more so in the big state, which is going to polls, Uttar Pradesh. Importance of rebalancing your investment portfolio Rebalancing on a periodic basis often delivers superior returns and helps tide over volatility. Here's how currency ban will impact top 11 sectors As the demonetisation initiative encourages the use of plastic and electronic money, cash transactions will become less and less common. This, analysts reckon, will have its share of benefi ts for the economy, apart from boosting tax coffers.

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