Former Chief Economic Advisor Krishnamurthy Subramanian believes that the Reserve Bank of India’s withdrawal of the Rs 2,000 note “will not affect the common man of the society.” The former CEA claims that the cash in circulation of the 2000 notes is only 10% and that most common people opt for digital transactions. Digital money is being used in every part of the country, making things easier for everyone involved, he said. According to a report from BCG, digital transactions worth up to $3tn are expected by 2026.
ETMarkets Smart Talk| Markets at an inflection point; expect 40–50% gains over 36 months: ASK Hedge Solutions’ Vaibhav Sanghavi
Indian stock markets are at a key turning point. Experts predict a strong rally over the next two to three years, potentially delivering 40-50% returns.
December 8, 2025