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D onald Trump has promised that as president he will honor the pledge stitched into his white and red baseball caps: Make America Great Again. The former television entertainer’s campaign has been a roller coaster of triumphs and pitfalls, but his love for hyperbole has never wavered. With him in the White House, Mr Trump has said, his supporters are going to "win so big"  they will soon be "sick of winning".  When it comes to mapping out the details of a Trump presidency, the Republican candidate has been no less extravagant.

This was supposed to be one of the biggest news for banking sector, financial institutions and the common man – because it involved India’s largest currency denomination, Rs 2000. Way back in 1938, and then again in 1954, then Governments introduced currency denomination of Rs 10,000 which was later put out of circulation in 1946 and 1978 respectively. If we leave aside Rs 10,000 currency, then Rs 2000 would be the largest denomination in the history of India. Soon after reports emerged that Rs 2000 currency notes would be introduced by RBI, another set of rumors emerged that these notes would be embedded with nano-GPS chips which can be traced all over the world. The Hindu published the first available report of Rs 2000 currency being printed, and about to be launched by RBI.

Prime Minister Narendra Modi on Tuesday announced that the currency notes of Rs. 500 and Rs. 1000 denominations will not be legal tender beginning November 9. Prime Minister also added that all banks will remain closed for public work tomorrow. "Terror strikes at the innocent. Who funds these terrorists? Across the border, our enemy uses fake currency and dodgy funds to sponsor terror - this has been proven repeatedly. The process of cash circulation is directly related to corruption in our country impacting the lower classes of our society. From midnight November 8 today, Rs. 500 and Rs. 1000 notes are no longer legal tender," Prime Minister Modi said while addressing the nation.