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Union Finance Minister Nirmala Sitharaman announced on Saturday that the government's priority is to ensure currency circulation favors lower denominations while enhancing public awareness about digital transactions. Addressing concerns about the Rs 500 note, she reassured that efforts are underway to prioritize lower denominations as the Rs 2000 note is mostly withdrawn from circulation.Speaking at the 'National Commemorative Seminar on 60 Years of Pt Deendayal Upadhyaya Integral Humanism Lectures' in the capital, Sitharaman stressed the need for greater digital literacy to underscore the benefits of cashless transactions. In recent...

Union Finance Minister Nirmala Sitharaman announced on Saturday that the government's priority is to ensure currency circulation favors lower denominations while enhancing public awareness about digital transactions. Addressing concerns about the Rs 500 note, she reassured that efforts are underway to prioritize lower denominations as the Rs 2000 note is mostly withdrawn from circulation.Speaking at the 'National Commemorative Seminar on 60 Years of Pt Deendayal Upadhyaya Integral Humanism Lectures' in the capital, Sitharaman stressed the need for greater digital literacy to underscore the benefits of cashless transactions. In recent...

India's foreign exchange reserves stand at USD 658.8 billion, enough to cover 11 months of imports, Finance Minister Nirmala Sitharaman informed the Rajya Sabha.New Delhi, Apr 1 (PTI) India is the fourth largest country to hold foreign exchange reserves of USD 658.8 billion, enough to meet the country's imports for 11 months, Finance Minister Nirmala Sitharaman told the Rajya Sabha on Tuesday.Replying to supplementaries during the question hour, she assured members of their concerns on the foreign exchange reserves and the current account deficit."I want to assure you that total...