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NEGATIVE SEIGNIORAGE
India has no plans to recognise Bitcoin as currency: Nirmala SitharamanThe central government doesn’t collect data on Bitcoin transactions, Finance MInister Nirmala Sitharaman says in Lok Sabha in response to a...- Transfer of RBI reserves is a sovereign accounting exercise, nothing moreIn an ideal world, this is merely a book-entry, left-pocket/right-pocket stuff.
- To be or not to be: Reserves in lieu of inflation tradeoff?What happens if RBI were to transfer 3.6 lakh crore of its reserves to the government?
- BharatCoin: Taking the place of cash in the economyCryptocurrencies have captured the imagination of a section of investors globally.
- 'World should think twice before abolishing cash'Banning cash is inherently discriminatory. It doesn't distinguish between legitimate and illegitimate uses of paper money, assuming that an...
- Notes ban to have negative impact on growth in short run: FitchThe impact on GDP growth is going to be negative in the short run and depends to a large extent on how long the cash crunch is going to tak...
- 25 paise coin to cease being legal tender money from June 30; negative seigniorage a worryAs per a government notification, published in December 2010, the 25 paise coin, still called chaar anna by some, will cease to be legal te...
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