Topline India’s Adani Group has hired New York-based law firm Wachtell, Lipton, Rosen & Katz to take on allegations against it raised by short-seller Hindenburg Research, the Financial Times repor...
Tag: India
Algorand Aims To Boost Web3 Adoption In India With Strategic Partnerships
More expansion is awaiting the Web3 ecosystem as Algorand Foundation aggressively moves to promote the technology across India. The firm announced multiple partnerships, including educational developm...
India in ‘no hurry’ for CBDC as digital rupee pilot onboards 50K users
The Indian government doesn’t want to rush its central bank digital currency (CBDC) pilot despite joining the CBDC race just a few months ago. India’s recently launched CBDC pilot has amassed 50,000 u...
Asia IPOs In U.S. Poised To Increase As Region’s Economies Recover, Nasdaq Vice Chairman Says
Huang Ping, the Chinese consul general in New York, rang the opening bell at the Nasdaq on Jan. 25. Courtesy of Nasdaq In 2019, the year before Covid upended global travel and business, the Nasdaq att...
India Needs More Time to Clarify Crypto GST Regulation
The CBIC is yet to conclude how to classify certain areas of crypto transactions. Transactions between parties outside of crypto exchanges and crypto mining are difficult to classify. Officials believ...
Algorand to drive Web3 adoption in India through key partnerships
Algorand Foundation announced several partnerships in India, including collaborations with schools to develop educational programs to help grow Web3 in the country. In an announcement sent to Cointel...
Australia Face Test Cricket’s Toughest Challenge Amid Indian Gamesmanship
The Test series between India-Australia is much anticipated (Photo by Robert Cianflone/Getty Images) Getty Images The images of the eyebrow raising pitch preparation for the series-opener between Indi...
Shah Rukh Khan’s ‘Pathaan’ Crosses $100 Million Worldwide
Bollywood movie ‘Pathaan’ continues to rule the box office in India. AFP via Getty Images Shah Rukh Khan’s film, Pathaan, continues to rule the box office as it completed twelve days at th...
India to Introduce Measures Around Crypto This Year, Says Government Official – Regulation Bitcoin News
The Indian government is planning to introduce “measures around crypto” this year, according to the country’s Economic Affairs Secretary Ajay Seth. India’s finance minister says cryptocurrency regulat...
India Reveals IMF Is Working With G-20 for Crypto Regulations
“Whilst recognizing the central bank as the authority for issuing crypto currency, the rest of the assets which are being created outside which are using very useful financial technologies, even...
India States IMF is Working with G20 for Crypto Regulation plan
Indian EA official Ajay Seth revealed that the IMF is working on a paper focussing on crypto assets in consultation with India. Indian government is helping Financial Stability Board to ensure that th...
Language Differences Hold Back U.S. Companies In Fast-Growing Asia: KPMG Economist
Travelers on the move in the departure hall at the Hongqiao Railway Station in Shanghai last month; … [+] China’s economic growth rate this year is expected to one of the world’s fas...
Gautam Adani Briefly Falls Out Of Top 20 Richest As His Net Worth Spirals After ‘Corporate Con’ Allegations
Topline Indian billionaire Gautam Adani briefly fell out of the world’s top 20 richest people on Friday after losing $12 billion in a day, a spectacular fall from his former position as the world’s th...
CoinDCX helps Namaste Web3 create India a $5 trillion economy
India looks to become a $5 trillion economy. The goal is pretty much achievable, provided all the sectors work in the same direction. Web3, the upcoming internet for the future generation, can contrib...
High Crypto Taxes in India Remain Unchanged, Using Offshore to Avoid TDS Prohibited
Months of lobbying by Indian and global crypto firms to see if the local tax laws will provide some leeway proved futile. The Indian Finance Minister, in her budget speech for the 2023-24 fiscal, did ...
India Gets Huge CBDC Push With Retail Giant Reliance
India’s largest retail chain Reliance has started accepting the country’s retail CBDC. The Digital Rupee will soon be accepted in 17,000 stores across the country. Reliance Retail has partnered with s...
India envisions a unified G20 approach to crypto regulation – Cryptopolitan
On Thursday, Economic Affairs Secretary Ajay Seth stated that India is working closely with the Financial Stability Board (FSB) to reach a consensus on regulations for virtual assets during India’s G2...
India Maintains Position on Crypto Tax in Budget
There are fears that India may use its position as president of the G-20 in its fight against the cryptocurrency industry. World’s largest democracy, India, has maintained its crypto tax rules in its ...
Here’s why India held on to older crypto reforms in national budget 2023
Cryptocurrency and blockchain technology found no mention in India’s union budget for the year 2023, bringing down the hopes of millions of crypto holders in the country. Many in the Indian crypto com...
$90 Billion Collapse of Billionaire Adani’s Empire
The break was short, very short. Accusations of fraud, stock-market manipulation and illegal practices made by the New York short-seller Hindenburg Research against Adani Group, the conglomerate of I...
India Highlights Need for ‘Common Approach to Regulating Crypto Ecosystem’ – Regulation Bitcoin News
India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year. “Crypto assets are self-referential instrum...
Struggling Billionaire Gautam Adani Scores Crucial Victory
Billionaire Gautam Adani can catch his breath. For the past week his conglomerate has been rocked by allegations of fraud that threaten its expansion. These accusations are made by the New York inve...
How To Choose The Right Online Site For Tennis Betting In India?
Over the past few years, tennis betting has become increasingly popular in India. And with the advent of online sportsbooks, it’s easier than ever to get involved. But how do you know which online sit...
Billionaire Gautam Adani Calls on India for Help to Save His Empire
Billionaire Gautam Adani is under siege. Since Jan. 24 Asia’s richest man has faced serious allegations of fraud, money laundering and price manipulation that threaten to take away much of his ...
Adani Delivers Tome in Response to Short-Sale ‘Attack on India’
The Adani Group has returned fire after an attack by the short seller Hindenburg Research, attempting to bolster its corporate image after shedding more than US$50 billion in market capitalization. Ad...
Australia Has A Realistic Chance Of Ending A Test Cricket Drought In India
Success has been few and far between for Australia in India (Photo by Pankaj Nangia/The India Today … [+] Group via Getty Images) The India Today Group via Getty Images Make no mistake, winning ...
Highest Opening Bollywood Film ‘Pathaan’ Grosses $38.3 Million Worldwide
Bollywood star Shah Rukh Khan returned to the silver screen on January 25 after four years with … [+] Pathaan. AFP via Getty Images Bollywood star Shah Rukh Khan is back with a new film after a ...
Billionaire Adani’s Empire Loses $51 Billion in 48 Hours
Suspicion is creating chaos in the empire built by the Indian billionaire Gautam Adani, who since last year has become the richest man in Asia. Adani, 60, saw his fortune jump by more than $40 billio...
Gautam Adani Slips From Top 5 Richest As His Net Worth Plummets After ‘Corporate Con’ Accusations
Topline Indian billionaire Gautam Adani fell out of the world’s top five richest people on Friday as he fights allegations of fraud and Adani Group shares plummet following a damning report by U.S. sh...