While the tax treatment does legitimise past crypto transactions, there is a possibility that any, or all, private cryptocurrencies will be banned in future.
The proposed increase is almost double from the present fee.
As a multi-agency probe into the NSE case gathers pace, the grant of preferential server and data access to select brokers and their suspected misuse are being investigated threadbare to unveil all quid pro quo arrangements in a highly-sophisticated scheme that worked like a cricket betting scandal, officials said on Monday. While the bourse has said it has taken several steps over the years to strengthen its technology infrastructure, including as per regulatory orders, the officials said certain fresh disclosures call for a detailed probe into whether a select group of individuals in high positions had banded together to make illicit gains by facilitating the preferential trading slots, beginning over a decade ago. Even a split-second faster access is said to result in huge gains for a trader.
IAMAI in a statement, which represents digital businesses in India, said Trai's recommendation to formulate standards of anonymisation and de-identification was akin to putting the cart before the horse, and till such time the Srikrishna Committee submits the report, making these standards would be like groping in the dark.
Investors will look at how TCS has performed when it announces the quarter's results on October 13, and the forecast from Infosys on October 14
"The government feels the industry needs some government oversight and can't be left unregulated. A panel of bureaucrats will soon submit their recommendations on the subject," said an official.
The government on Friday put on hold the preferential market access (PMA) policy that provided for sourcing of sensitive telecom and electronic equipments and technology from domestic manufacturers over security concerns.
Business chambers now inviting start-ups for membership.
He dropped those perceived to be non-performers or whose integrity came into question, and also where it was felt they needed to learn a lesson or two in humility.
The turnaround of SAIL from several quarters of losses was one of the most challenging experience, said Anil Kumar Chaudhary, the outgoing chairman of the country's largest steel maker. The chairman said he also wants to see SAIL paying back at least 50 per cent of its debt in the near future. Chaudhary who had joined SAIL as a junior manager in 1984 would be superannuating from the top post on December 31, 2020 after serving the company for almost 36 years in various roles.
Food delivery apps Zomato and Swiggy reported a nationwide outage on Wednesday. Both the platforms witnessed technical glitches and were unresponsive for almost an hour. Downdetector, a platform that collects status reports from a series of sources, recorded about 3,619 reports of outage against Zomato at 2:05 PM and about 771 reports of outage against Swiggy at around 2:21 PM. According to the sources, the outage was caused by Amazon Web Services (AWS), a cloud-services platform, which runs both platforms. Though Swiggy and Zomato are working now, some customers reported that the issue has not been solved completely and they are not able to place orders and there are payment related issues.
Tata Mutual Fund's 'own a piece of India' offering is suitable for informed investors.
These concrete steps should include measures to address any number of pressing concerns, including prohibitively high tariffs and discriminatory forced localization requirements that are blocking US exports of a wide range of products.
The GIFT City management is in talks with Hong Kong, London, and Singapore arbitration centres
India has said it is committed to implementing the highest safety standards at its nuclear power plants as it seeks to harness the benefits of atomic energy to meet its growing energy requirements.
As the new ecommerce paradigm works its way through multiple sectors of the economy it is likely to encounter legal challenges, says Ajit Balakrishnan.
Apple and Samsung are international players and should work as a team with domestic companies to transform India into a global powerhouse: IT Minister Ravi Shankar Prasad.
Did you know that a food security officer in a leading company can earn upto $84,000 a year by just protecting data?
Under Nikesh Arora's leadership, SoftBank has made several investments in India in a short span.
India Inc had cheered Donald Trump's decision to scrap TPP, but now there is a growing sense that it won't really lead to positive growth in trade with the US. Subhayan Chakraborty reports.
Excise duty on most products has been capped at 12.5 per cent
An Indian national from Gurgaon has been sentenced to three years in federal imprisonment on charges of call centre fraud that intended to cheat Americans of millions of dollars, a US attorney said.
India recorded 50,035 cases of cyber crime in 2020, an 11.8 per cent surge in such offences over the previous year, according to the National Crime Records Bureau (NCRB) data. The Reserve Bank of India (RBI) last week once again cautioned bank customers of fraud, including those in Know-Your-Customer (KYC) cases. In fact, certain frauds have become more prevalent than others, and being aware of them is the first step towards protect yourself. Mayur Joshi, chief executive officer, Indiaforensic.com, a company engaged in the prevention, detection, and investigation of frauds says, "It is necessary to learn, to read about these scams."
'One police officer told me that trials take forever, conviction rates are low.' 'So one way to judge states' performance on handling crime is through the 'recovery rate' of their police.' 'The fastest way to get recovery is by torturing the accused.'
It recognised that there was a "growing demand for more immediate information about the referee's final decisions after a VAR-review."
Phase-I clinical trials have revealed "excellent safety" of the two candidate vaccines indigenously developed by Bharat Biotech in collaboration with Indian Council of Medical Research and Cadila Healthcare Ltd and their immunogenicity testing is now in progress, minister of state for health Ashwini Choubey informed the Rajya Sabha on Tuesday.
Digitisation and automation key challenges to business model
The Make in India Week has become a platform for two Bharatiya Janata Party (BJP)-ruled states to jostle for the number one destination in India for investor funds.
Leadership, teamwork, communication, productivity, and wellness skills are essential for every employee's success.
People may line up to see Rahul Gandhi, given he is currently, the only major politician speaking of inflation and unemployment in an India bombarded daily by Right-wing delusion. The challenge is how to transfer the goodwill into votes when the object of curiosity is surrounded by usual suspects and sycophants, observes Shyam Menon.
Infra major's entry could queer the pitch for Jaypee and Hindustan Semiconductor.
The Coimbatore suburb has been growing significantly due to strong economic policies, says Naveen Nandwani.
There is no doubt in our capabilities, says the Infosys co-founder.
Software employees can opt for company-run programmes, online courses, boot camps to upgrade skills.
The report is based on data collated from 5 large angel groups.
The company, however, has not identified any of its officials despite mentioning that its employees facilitating refunds have been assigned specific login id and passwords, making it easier to identify those who processed which refunds
The user cannot expect his or her privacy to be secured.
Official websites of some states haven't been updated for years
India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).
This doctor couple put their faith in India. And in return India has put faith in them.
