Rich lap up luxury goods with ₹2,000 bills
Unintended consequence: Note withdrawal spurs buying spree
NEW DELHI : In the luxury tobacco market, weekend transactions are usually steady, except some upswing during the wedding season. But this past weekend, Raahul Kapoor, the co-founder of The India Cigar Club, a seller of imported tobacco, fielded an unusual number of inquiries. Most buyers had an additional query: “Do you accept ₹2,000 notes?"