Tata Motors buses to be used for public transportation in India. The Nano was launched in 2009 as a city car intended to appeal as an affordable alternative to the section of the Indian populace that is primarily the owner of motorcycles and has not bought their first car. Initially priced at ₹100,000 (US$1,500), the vehicle attracted a lot of attention for its relatively low price. In 2018, Cyrus Mistry, Chair of the Tata Group, called the Tata Nano a failed project, with production ending in May 2018. Tata Ace, India's first indigenously developed sub-one-ton minitruck, was launched in May 2005. The
Indian rupee RBI introduced new 50 notes, but the old ones continue being legal tender. The design is similar to the current notes in the Mahatma Gandhi (New) Series, except they will come with an inset 'A'. As of 24 August 2017, current circulating banknotes are in denominations of 5, 10, 20, 50 and 100 from the Mahatma Gandhi Series, in denominations of ₹10, ₹50, 100, 200, 500 and 2,000 from the Mahatma Gandhi New Series, and the denomination of 1 of the Lion Capital Series. Officially, the Indian rupee has a market-determined exchange rate. However, the RBI trades actively in the