text

India rupee: Illegal cash crackdown failed - bank report

Indiansreturnedalmostallofthehigh-currencynotesbannedinlastyear'sshockgovernmentcrackdownonillegalcash,thecentralbanksays.Itsaid15.28tnrupees($242bn)-or99%-ofth

text

Tens of thousands protest against India's 'financial emergency' after shock cash ban

​Tens of thousands of people joined nationwide protests yesterday against India's ban on high-value banknotes, which organisers said had caused a "financial emergency" in a country that operates almost entirely on cash.