Despite phasing out Rs 2000 notes, cash in circulation has more than doubled since FY’2016-17, the year of demonetisation and launch of UPI. Tracking HSBC PMI and CMS cash index …
NEW DELHI: As less than 10% of ATMs in India were dispensing Rs 2,000 currency notes, the short-term impact of the withdrawal was not material for CMS Info Systems, the …
Valuations of Indian equities have been at elevated levels but that hasn’t stopped global funds from accumulating stocks here in recent months. Foreign Portfolio Investors (FPIs) have consistently increased their …