Laughing Stock

Results and relics

We look at capex, FIIs, taxes, and company management

Results and relics

The buzz of the week is the withdrawing of Rs 2,000 denomination banknotes. Introduced with great pomp in 2016, these notes gradually lost their prominence. Initially, it appeared that everyone possessed one, making it a daunting task to find change for them. Even exchanging Rs 500 notes posed a challenge, let alone the struggle with Rs 2,000 notes! However, their circulation dwindled over time, leaving us pondering who still held onto them. Surprisingly, my mother safeguarded a single note for over three years. How many other mothers out there harbour Rs 2,000 notes in their clandestine vault? It feels like embarking on a hidden treasure hunt.

This article was originally published on May 27, 2023.


Other Categories