(Bloomberg) — The relentless plunge in China’s stocks has burnished the appeal of their biggest emerging-market rival India, spurring a divergence that’s rarely been seen before. The MSCI India ...
Tag: Indian
Report: Indian Exchange WazirX Feels the Pinch, Lays off 40% of Workforce
WazirX, a top Indian Crypto exchange on Saturday cut its workforce by 40% following the prolonged crypto downturn. Reports revealed that about 40-70 employees of the company’s 150 workforces were aff...
Indian Law Enforcement Agency Confiscated $1.2 Million In A Scam
India’s financial watchdog, Enforcement Directorate (ED), confiscated $1.2 million in an investigation of a fraud scheme relying on an App-based token, HPZ. Per an official press release published on ...
Indian ED freezes USDT and WazirX’s WRX, here’s why
The Indian Directorate of Enforcement (ED) revealed that it froze the assets of a mobile gaming application called E-nuggets. The ED froze WRX [WazirX] and USDT [Tether] cryptocurrencies that were wor...
Indian EdTech Billionaire Says He’s ‘All In’ Despite Mounting Losses At Byju’s
Byju Raveendran speaks at the Forbes Global CEO Conference in Singapore on September 26, 2022. Forbes Asia Byju Raveenderan—the founder of eponymous Indian edtech giant Byju’s—said he is fully committ...
U.S. Dollar Hits Two Decade Peak As Indian Rupee Reached Life-Time Low
33 mins ago | 2 mins read Editors News DXY hit the 114.5 level and touched 2003 high. Sterling recorded an all-time low of $1.0387. The U.S. dollar currency index (DXY) overcame significant opposition...
Dollar Rises Against Indian Rupee and Six Other Peers
The rupee is not exactly in freefall, but the bearish series does show that the Rupee is sliding down every day. To be precise, the Indian currency has crossed ₹81 against the US Dollar to touch the m...
Fisker Eyes Indian Market – Seeks To Stay Ahead In EV Race
Motley Fool Why Ford, GM, Lucid, and Rivian Stocks Dropped Today Recession fears took a toll on the stock market for another day Friday, and automotive stocks in particular were taking it on the chin,...
Hackers Breached Twitter Account Of Oman’s Indian Embassy To Push XRP Scam
Hackers keep trying new ways to loot money in crypto and fiat. This time, scammers hacked a Twitter account of the Indian Embassy in Oman to promote an XRP scam that requires users to click on a phish...
Indian Government Working on How GST Tax Could Be Applied to Crypto – Taxes Bitcoin News
India’s ministry of finance is reportedly working on how the goods and services tax (GST) could apply to crypto transactions. “A better understanding of how cryptocurrencies fit into our legal system ...
Oman’s Indian embassy Twitter account compromised to promote XRP scam
Scammers have hacked the official Twitter account of the Embassy of Oman in India, replacing the profile picture with Ripple CEO Brad Garlinghouse and using the reply function to spam users with fake ...
Ripple Scam Promoted by Hacked Account of Oman’s Indian Embassy
Alex Dovbnya The official Twitter account of Oman’s Indian embassy is now advertising an XRP giveaway scam The Twitter account of Oman’s Indian embassy has been hacked in order to promote an XRP scam....
Indian Crypto Exchange CoinDCX Twitter Account Compromised
Indian crypto exchange CoinDCX’s Twitter account has been hacked and the exploiter is using the account to promote a fake XRP giveaway. PeckShieldAlert on Tuesday warned about the phishing attack on t...
Indian Hotel Unicorn OYO Looking to Revisit Its IPO Plans
With the global economic outlook appearing dim, there have been concerns as to the projected IPO move from OYO. Indian hotel and vacation homes startup, OYO is looking to revisit its Initial Public Of...
Largest Indian exchange WazirX to delist USDC spot pairs, Sept. 26
India’s largest crypto exchange WazirX has announced that it’ll stop supporting USDC, USDP, and TUSD on Sept. 26 to “enhance liquidity and capital efficiency.” According to the announcement, the excha...
Indian exchange WazirX follows Binance in delisting USDC
Major Indian cryptocurrency exchange WazirX has opted to delist the USD Coin (USDC) from its platform and convert the remaining balances into Binance-backed Binance USD (BUSD) stablecoin. WazirX offic...
This Indian Exchange Follows Binance In Stablecoin Priorities
In yet another jolt to USDC, the second largest stablecoin, yet another crypto exchange is set to delist it. Earlier this month, top exchange Binance announced its plans to discontinue support for USD...
Indian Finance Minister Urges Banks to Use Web3 Technology to Detect Fraud
Indian Finance Minister Nirmala Sitharaman called on banks to use technologies such as Web3 and AI to detect fraud and generate early warning signs at the 75th Annual General Meeting of the Indian Ban...
Who Is Gautam Adani? The Indian Billionaire Briefly Became The World’s No. 2 Wealthiest Person And Ranks Above Bezos And Gates
Topline Indian billionaire Gautam Adani briefly became the second-richest person in the world Friday, trailing only Elon Musk, and the relatively unknown infrastructure and energy mogul is now wealthi...
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...
Indian Billionaire Gautam Adani Scales New Heights To Become The World’s Second-Richest Person
Adani Group Chairman Gautam Adani. AP Photo/Aijaz Rahi Adani Group chairman Gautam Adani surpassed LVMH chairman and CEO Bernard Arnault Friday and is now the world’s second-richest person with ...
Binance Obtained a Massive Growth in Indian Market
2 hours ago | 2 mins read Exchange News Crypto traders in India shifted to the Binance exchange, to avoid paying taxes. In August, the number of downloads of Binance’s app in India increased to 429,00...
Indian Crypto Traders Move To Binance And FTX, Here’s Why!
Changpeng Zhao, crypto platform Binance’s CEO, is serious about securing its position in the Indian market for crypto trading owing to a shift in the tax structure in India. Binance currently has an e...
Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax – Exchanges Bitcoin News
The number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-ba...
Report Traders Flock to Binance As Tax Change Sends Indian Exchanges Out of Business
A Bloomberg report on Wednesday claimed that Binance app downloads in India jumped to 429,000 in August, the highest this year. This comes just months after the country implemented stringent taxation ...
Binance Booms as Crypto Tax Crushes Indian Exchanges
The cryptocurrency tax introduced by India’s government has caused foreign exchanges like Binance to consolidate their market share there. The Binance app was the only one among the top exchanges that...
Indian Billionaire Gautam Adani Briefly Becomes The World’s Third-Richest Person
Gautam Shantilal Adani, founder and chairman of the Adani Group, attends a wedding reception on February 1, 2020 in New Delhi, India. Manoj Verma/Hindustan Times via Getty Images Gautam Adani was the ...
Headline: Is this happy news for all Indian Crypto investors?
The Indian Enforcement Directorate (ED) froze WazirX’s accounts on the Indian Crypto Exchange, causing uncertainty in the market and investors’ minds. Most Indian Crypto investors thought that this mi...
Indian Regulatory Watchdog Unfreezes WazirX’s Bank Accounts – crypto.news
Major Indian cryptocurrency exchange WazirX said it has resumed banking operations, stating that the Directorate of Enforcement (ED) unfroze the company’s bank accounts. WazirX Resumes Operations Ac...