Morning Digest: Cash usage unchanged, fake notes on the rise after 10 years since demonetisation; Eisenkot tapped to try to form government, and more

10 years since demonetisation: Cash usage unchanged, fake notes on the rise Ten years after demonetisation, Reserve Bank of India (RBI) data show that the exercise has had little impact on reducing cash in circulation and that detection of counterfeit notes, particularly ₹500 notes, has also increased. On the other hand, the value of transactions on the Unified Payments Interface (UPI) has grown steadily year after year, even when measured as a percentage of India’s Gross Domestic Product (GDP).

10 years since demonetisation: Cash usage unchanged, fake notes on the rise storyline 1 Israeli President picks Gadi Eisenkot, Netanyahu rival, to try to form government Israel’s president on Saturday (November 7, 2026) chose Gadi Eisenkot, Prime Minister Benjamin Netanyahu’s strongest rival, to try ‌to form a new government following a deadlocked election that left neither man with ​a clear path to power. Mr.