Finance secretary TV Somanathan said: “There is adequate supply of smaller-denomination notes in the economy to substitute for the ₹2,000 notes. I don’t see any impact whatsoever on the economy.” Economic affairs secretary Ajay Seth said it is only an exchange of notes of one denomination for smaller denominations. “Money supply to the economy will remain unaffected. The currency (the ₹2,000 note) continues to be a legal tender”.
Investors should raise cash by up to 10% as Trump tariffs roil markets: Axis Securities
Axis Securities advises investors to increase cash holdings by up to 10% and selectively buy high-quality stocks amid market volatility from U.S. tariffs on Indian