The Reserve Bank of India (RBI) is finalizing plans to kickstart the pilot phase leading to the issuance of its central bank digital currency-“digital rupee”. The RBI released a concept paper on Oct. ...
Tag: India
Taiwan Businesses Support Reduction In Economic Dependence On Mainland China – CSIS Survey
Apple supplier Hon Hai Precision Industry is one of the largest Taiwan investors in the mainland. … [+] Photographer Lam Yik Fei/Bloomberg © 2022 Bloomberg Finance LP Taiwan companies support a ...
Climate reparations ethical but not best fix: Climatologist
Displaced people in floodwater after heavy monsoon rain at Usta Mohammad city, in the Jaffarabad district of Balochistan province, on Sept. 18, 2022. Thirty-three million people have been affected by ...
Apple iPhone Exports From India Doubling in Boon to Modi’s Plan
(Bloomberg) — Apple Inc.’s iPhone exports from India crossed $1 billion in the five months since April, according to people familiar with the matter, signaling the South Asian nation is making p...
CoinW Prioritizes Bolstering Marketization in India Amid Huge Potential
CoinW Exchange plans to host in-person events and engage with local Indian KOLs. The Indian blockchain sector has raised over $627M via 16 fundraisings this year. CoinW is a leading cryptocurrency exc...
Indian crypto exchange WazirX cuts 40% of staff
India-based crypto exchange WazirX has laid off more than 50 people as it navigates a period of languishing volumes, the company told CoinDesk on Saturday. As per reporting from CoinDesk, the crypto e...
India blacklists more tokens amid Binance investigation 1
India has announced through the Directorate of Enforcement that it has frozen two more cryptos under its money laundering prevention laws. According to the official statement, the digital assets liste...
Telegram cuts subscription fee by more than half in India
Telegram has cut the monthly subscription fee for its premium tier by more than half in India, just months after introducing the offering as it attempts to aggressively cash in on a large user base in...
India Freezes More Crypto Including Bitcoin and Tether as Investigation Involving Binance and Wazirx Deepens – Regulation Bitcoin News
India’s Directorate of Enforcement (ED) says it has frozen more cryptocurrencies, including bitcoin, tether, and the Wazirx token. The action is part of its investigation of the mobile gaming app E-nu...
India Freezes More $WRX And $USDT Tied To Laundering Case
India is leaving no stone unturned in a recent crackdown on the E-Nuggets crypto money laundering case, as its ED freezes an additional $58,000 worth of WRX and USDT. The move comes amidst the authori...
India’s $30 Trillion Future Is Easier Said Than Done
Gautam Adani, chairman of Adani Group, speaks during the Forbes CEO Summit in Singapore, on September 27, 2022. Edwin Koo/Bloomberg Is India on track to become a $30 trillion economy? For perspective,...
India Freezes Bitcoin at Binance Amid Investigation Involving Crypto Exchange Wazirx – Regulation Bitcoin News
India’s Enforcement Directorate (ED) says it has frozen more than 77.6 bitcoins that were transferred to Binance from Indian crypto exchange Wazirx. The freeze is part of a money laundering investigat...
Tencent Co-Founder Charles Chen’s Yidan Prize Honors Education Leaders From Stanford, New Education Initiative
Dr Linda Darling-Hammond (left), 2022 Yidan Prize for Education Research Laureate, and Professor … [+] Yongxin Zhu (right), 2022 Yidan Prize for Education Development Laureate. Yidan Prize Found...
India’s startup market has tremendous potential
India’s startup market is worth betting on, though it’s still “a few years” behind China’s, Facebook co-founder Eduardo Saverin said. During a panel discussion at the Fo...
Apple to Begin Manufacturing iPhone 14 Models in India, AAPL Stock Up
India is the world’s second-largest market for smartphones and with the limited presence of Apple in the region, the move to add iPhone 14 production is considered one of the most strategic steps to d...
India’s National Cinema Day Proves Low Ticket Prices Is The Need Of The Hour
Cinema halls saw a brilliant response to India’s National Cinema Day. AFP via Getty Images Many trade pundits as well as a few market players in the business entertainment have believed that the...
Cricket’s Chair Election About To Heat Up, As Mighty India Eyes Contesting
Sourav Ganguly (L) and Jay Shah have been seen as contenders to run for ICC chair. (Photo by … [+] Himanshu Bhatt/NurPhoto via Getty Images) NurPhoto via Getty Images The International Cricket C...
India And China Finally Voicing Concerns Over Russia’s Actions In Ukraine
Topline India and China raised concerns about the impact of Russia’s ongoing invasion of Ukraine—emphasizing the violation of international law and territorial integrity—at a meeting of the UN Securit...
Days after cautioning Putin on war, India may skip Russian ESPO crude oil import
Indian refiners may skip buying Russia’s ESPO blend of crude oil in September, apparently due to high freight charges. India imports a mix of crude grades from Russia, namely the Urals, Siberian Light...
India considering GST on crypto transactions amid evaluation of sector’s legality
The Indian government is working on implementing a goods and services (GST) tax on crypto transactions as legwork for determining the legality of the sector is underway, according to a Sept. 19 Livemi...
Regulatory Hurdles Slow Crypto Adoption in India & Pakistan, Chainalysis Report Reveals
Hostile regulatory environments see India and Pakistan crypto adoption fall sharply, a new Chainalysis report reveals. India, once home to the second-largest crypto-loving demographic in the world, ha...
‘Last Film Show’ Is India’s Official Entry To Oscars
Pan Nalin’s Last Film Show is India’s official entry to 95th Academy Awards. Roy Kapur Films India’s official entry to the 95th Academy Awards was announced Tuesday evening and the Gujarat...
Reserve Bank of India seeks a ‘phased implementation’ of the digital rupee
On Tuesday, September 20, the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, said that the country’s central bank is dedicated to fostering innovation for financial technology businesse...
‘Brahmastra’ Crosses $45 Million Worldwide In 10 Days
Ranbir Kapoor plays the lead role in Ayan Mukerji’s ‘Brahmastra Part One Shiva’. FOX star studios Ayan Mukerji’s new film, Brahmastra Part One: Shiva became the top Hindi film with h...
Impact on Philippines, Indonesia, Thailand: Nomura
Rice production in India has fallen by 5.6% year on year as of September in light of below-average monsoon rainfall, which has affected harvest, Nomura said. Rebecca Conway | Getty Images News | Getty...
Is Biden’s Indo-Pacific Economic Initiative A Trade Deal By Stealth? India’s Actions Suggest So
From L-R: Japan’s Prime Minister Fumio Kishida, U.S. President Joe Biden and India’s Prime Minister … [+] Narendra Modi attend the Indo-Pacific Economic Framework for Prosperity at t...
Bezos Loses Title of World’s Second Richest Man to Indian Billionaire
It was to be expected. Jeff Bezos has lost the title of second richest man in the world behind Elon Musk, electric-vehicle leader Tesla’s (TSLA) chief executive. The founder and executive ch...
Vietnam, Philippines, India, China Among Top Countries for Crypto Adoption, Chainalysis Global Index Shows – Featured Bitcoin News
Blockchain analytics firm Chainalysis has published its 2022 cryptocurrency adoption index. Vietnam, the Philippines, India, and China are among the countries with the highest crypto adoption. While t...
India Has the Potential to Lead Web3 Revolution: Industry Leaders ⋆ ZyCrypto
Advertisement     Experts believe that India is in a unique position to benefit from Web3, given its large pool of Web3 developers and retail crypto customers, a repor...
The World’s Most Valuable EdTech Firm Byju’s Racks Up Wider Losses Amid Expansion
Byju Raveendran, founder and chief executive officer of Think and Learn, speaks during the Credit … [+] Suisse Asian Investment Conference in Hong Kong on March 26, 2019. Paul Yeung/Bloomberg Af...
India PM Modi Tells Putin Now Is ‘Not An Era’ For War In First Public Comments Against Russian Invasion
Topline Indian Prime Minister Narendra Modi reportedly told Russian President Vladimir Putin on Friday that “now is not an era of war,” marking the first public criticism of Putin’s ...