Amid increasing popularity of virtual currencies in various parts of the world, the Reserve Bank of India (RBI) on Monday said it is open to exploring the possibility of a digital version of fiat currency. Host of private digital currencies, virtual currencies and cryptocurrencies have gained popularity in recent years, though Indian authorities continue to remain sceptical about them. "In India, the regulators and governments have been sceptical about these currencies and are apprehensive about the associated risks. "Nevertheless, the RBI is exploring the possibility as to whether there is a need for a digital version of fiat currency and in case there is, then how to operationalise it," the RBI said in its booklet on 'Payment Systems in India -- Journey in the Second Decade of the Millennium'.
The inaugural Sangamam turned out to be a political Hindutva function than a gathering on the Hindu religion, observes N Sathiya Moorthy.
The BJP continuing to look at the Dravidian polity through the religious prism has not worked in Tamil Nadu whereas it has yielded political and electoral results across much of the rest of the country, observes N Sathiya Moorthy.
He said social media companies are free to do business in India but they have to be accountable to the Indian Constitution and laws.
'This is a historical moment in the political history of Sri Lanka.' 'You can see the amount of pressure that is coming from the people because nobody addressed the policy blunders, multiple corruption charges and huge scandals.'
Patel has already been questioned by the ED in an another money laundering case linked to the aviation scam.
The branch managers have come out of their glass cabins and the sellers' market has transformed into a buyers' market, but there is no end to the harassment of customers, asserts Tamal Bandyopadhyay.
With 100-plus Tests and 400-plus wickets, most of them not exactly coming on rank turners, Harbhajan's name will always figure among true blue cricketing elites of India.
Slovakia defender Milan Skriniar will be tasked with stopping Poland's Robert Lewandowski
Vikram Achanta on the passing of Goa's iconic lanadmark, a 'mecca of entertainment, not just in Goa, but in India, and one of the coolest destinations for locals and tourists alike'.
The currency market won't care for our moans, groans, cries and sighs. The rupee will find its own level, explains Tamal Bandyopadhyay.
Rediff readers shared photographs of their celebrations on the most important day in India's calendar.
Joginder Tuteja presents the movie milestones in Shah Rukh Khan's career.
As far as Hindus are concerned, the eclipse of Wokeism cannot come any sooner, says Rajeev Srinivasan.
Bihar, Jharkhand and Uttar Pradesh have emerged as the poorest states in India, according to Niti Aayog's first Multidimensional Poverty Index (MPI) report. As per the index, 51.91 per cent population of Bihar is poor, followed 42.16 per cent in Jharkhand, 37.79 per cent in Uttar Pradesh. While Madhya Pradesh (36.65 per cent) has been placed fourth in the index, Meghalaya (32.67 per cent) is at the fifth spot. Kerala (0.71 per cent), Goa (3.76 per cent), Sikkim (3.82 per cent), Tamil Nadu (4.89 per cent) and Punjab (5.59 per cent) have registered the lowest poverty across India and are at the bottom of the index.
The aftermath of Mani Ratnam's Ponniyin Selvan has led to an argument that there was no religion as Hinduism in Chola times.
Instead, there was only Saivism, Vaishnavism, etc, and that the Cholas were Saivites, and hence not Hindus, observes N Sathiya Moorthy.
20 Nadeem-Shravan film albums which emerged as chartbusters.
Dressed in her Diwali best, the actor looks lovely on her latest cover.
With a focus on financial literacy for women, Millennium Mams is an 18-year-old initiative started by Kolkata-based industrialist B K Dhanuka.
The Millennium Stadium in Cardiff will host the 2017 Champions League final, UEFA general secretary Gianni Infantino said on Tuesday. The Friends Arena in Stockholm will be the venue for the 2017 Europa League final.
Joginder Tuteja looks at recent films exploring the drug culture.
"In the last five years, government has begun to listen. Not that they do anything."
There is more in common between Sri Lanka and India than we can imagine. Part three of a travelogue.
At least six people are feared killed and several people have been injured after a big lorry crashed into a group of pedestrians in the heart of the Scottish capital of Glasgow on Monday.
Akshay-Katrina have been among the most successful on-screen couples till date and the same is expected to continue with Rohit Shetty's Sooryavanshi.
Militant labour policies compounded a poor security environment for capital in West Bengal and encouraged the business community to relocate. constraining the private sector's right to hire freely could well be the coup de grace. As with Calcutta/Kolkata, it will probably take a decade for Gurgaon/Gurugram to feel the difference, says Kanika Datta.
Gold has been with us since time immemorial.
The film releases in the US today.
'Ruksana affected me very deeply.' 'It was the circumstances around her that changed her in various ways.' 'Of course, I carry her back home, hoping and praying from the bottom of my heart that nobody ever has to be in this situation.'
Subhash K Jha lists five relatively unknown Asha Bhosle classics on her birthday.
After Twitter briefly blocked IT Minister Ravi Shankar Prasad from accessing his account for alleged copyrights violation, chairman of the parliamentary panel on information technology Shashi Tharoor on Friday said the same thing happened with him and the standing committee will be seeking an explanation from the social media firm over the temporary locking of their accounts and the rules it follows while operating in India.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
As Jean-Paul Gaultier bids farewell to the ramp, we take a look at some of his best runway moments.
For audiences who love gangster dramas, there is a lot of fun in store, promises Joginder Tuteja.
In September 2000, world leaders had agreed to tackle eight developmental challenges including poverty, employment, education and health.
'Deepika had seen some Simmba rushes.' 'She doesn't react much to anything in life.' 'But when the screen went off, she looked at me and said "hot lag raha hai".'
We have lost Irrfan, but his legacy lives on.
'All of us have believed in decentralisation. You may not like property taxation, neither do I. My solution is that the Centre does the tax collection, but we can give a matching grant instead of redistribution,' says the outgoing CEA, Arvind Subramanian.
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