KATHMANDU, Jan 11: The long-drawn-out issue related to the exchange of Indian bank notes has not gained momentum yet, stated the Ministry of External Affairs of India.

Post demonetization the hunt for black money continues

KATHMANDU, Jan 24: Amid concerns that the decision to scrap high value Indian banknotes by the Indian government is also likely to weigh on economic growth of Nepal, the International Monetary Fund (IMF) has played down such risk.

KATHMANDU, Jan 13: In what seems to be an effect of the demonetization of Indian currency notes, gold smuggling has soared in immediate neighbor Nepal.

KATHMANDU/NEW DELHI, Dec 15: India’s scrapping of high-value bank notes last month has dragged down economic growth in neighboring Nepal with trade, remittances and tourist numbers all down, BMI Research, a group company of the Fitch rating agency, said on Wednesday.

Bollywood actress Shilpa Shetty, is the latest in the series of celebrities, to support Prime Minister Narendra Modi’s demonetization decision saying it would serve good in the long run.

DHANGADI, Nov 11: The Indian government's sudden decision Tuesday to demonetize the Rs 500 and Rs 1,000 currency notes has hit hard people like Karan Awasthi who have returned home after working in India.