India: short term effects of rupee demonetisation could hit outbound market

On November 8, the government announced that the ₹500 and ₹1,000 notes – the two largest value bank notes in the currency – will no longer be legal tender, with almost immediate effect. “Eventually it’s going to be more positive. On the shorter term it’s going to be a little bit negative” The decision was made by Prime Minister Narendra Modi with the aim of ridding the country’s economy of ‘black money’, counterfeit notes, and corruption. A new ₹500 note and a ₹2,000 note will be introduced into circulation soon. India…

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Six in 10 new GCSEs and A-levels remain unapproved – with just 18 weeks of term time left

The longer this accreditation process drags on, the more it is going to be a real problem, warns union leader Well over half of the new GCSE, AS and A-level qualifications being introduced in September have still not been officially approved, just 18 school weeks before they are due to be taught, TES can reveal. Figures from exams watchdog Ofqual show that 65 of 156 specifications have been accredited, leaving 91, or 58 per cent, still in draft form. This includes all GCSE science papers, none of which have yet been…

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