The RBI refuses to classify a cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation. There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the e-rupee trial run.
This year's theme is 'Yoga at Home and Yoga with Family' and people will be able to join the celebrations virtually at 7 am on June 21.
The Asian Games normally serves as the Olympic qualifiers but there was some confusion after the Hangzhou Asian Games were postponed from last year to this year due to the COVID-19 situation in China.
India's Current Account Deficit rose to a record 6.7 per cent in the quarter ended December of 2012-13.
An overview of India's underwhelming performance in athletics
In other India-related news, Manish Kaurav (KL3 men 200m) and Manjeet Singh (VL2 men 200m) made it to the finals of their respective events for the first time in the history of the tournament.
The 14th edition of the Indian Premier League will begin from April 9 and will be held at six venues in India including Chennai, Mumbai, Ahmedabad, Delhi, Bengaluru and Kolkata, the BCCI announced on Sunday.
Australia beat India by nine runs to win the Commonwealth Games women's T20 cricket gold medal on Sunday but the real winner was the sport which delivered compelling competition and boosted its case to be included in the Olympics.
India's share in world tourist inflows was only 0.64 per cent in 2012. It could only attract 6.97 million foreign tourists during 2013.
Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.
When Open Network for Digital Commerce (ONDC) was conceived last December, the idea was to reduce the dominance of e-commerce giants like Amazon and Flipkart. It was also to bring in a level-playing field for small merchants in India's fragmented but fast-growing $1-trillion retail market. However, those goals have changed now as large e-commerce players such as Flipkart, Amazon and Ecom Express are in various levels of talks with the ONDC team. They want to form partnerships like integrating with the network as well as providing their expertise to build it, according to the industry sources.
England captain Joe Root pipped Indian pace spearhead Jasprit Bumrah and Pakistan's Shaheen Afridi to claim the International Cricket Council's Player of the Month honours for August following his batting heroics in the recent Test series against India.
Backed by the China-plus-one policy, India's textile and apparel exports have seen a 53 per cent growth during the April-November period of the current fiscal year at around $26 billion. This compares to the figure of $17 billion during the same period in FY21. According to Wazir Textile Index, all major companies including Welspun, Vardhman, Trident, KPR Mills, Indo Count, RSWM, Filatex, Nahar Spg and Indorama have posted higher sales during the first half of the current fiscal year compared to the pre-pandemic year.
Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.
The following are five bowlers to watch at the Twenty20 World Cup in the United Arab Emirates and Oman.
'The huge amount of investments being made by telcos in India for telecom gear, there is no way this demand could be met only by Europeans.' 'The Chinese are quick in installation and offer great value for money.'
Mani said if the Indian team visits its neighbours, it will be a 'big breakthrough' for Pakistan cricket.
Cricket's Twenty20 format is tailor-made for Olympics but the sport's administrators will consider any format which would ensure the game's inclusion in the 2028 Los Angeles Games, USA Cricket chief Paraag Marathe said.
A couple of days after convincing former India captain Rahul Dravid to take up the responsibility, the BCCI on Sunday issued advertisement for the post of head coach and three support staff as per Lodha Committee mandated constitution.
Just a few weeks ago, Communications Minister Ashwini Vaishnaw did some tough talking with the senior managers of Bharat Sanchar Nigam Ltd, the ailing state-owned telecom service provider. The message was clear: They had to perform, quit by taking the voluntary retirement package or be compulsorily retired from service. The terse message from an otherwise polite and soft-spoken minister came just days after he announced a second and bigger package of Rs 1.64 trillion as part of a four-year turnaround plan for BSNL.
India have won the Asia Cup on seven occasions, Sri Lanka on five occasions, with Pakistan winning it twice.
India's exports fell for the fourth straight month in June as shipments of key segments like petroleum and textiles declined but the country's trade turned surplus for the first time in 18 years as imports dropped by a steeper 47.59 per cent.
With the Indo-Pak dialogue in tatters and the respective armies exchanging fire across the Line of Control, an unexpected opportunity has presented itself for boosting trade between the two countries.
'We are recreating the biggest sports rivalry in the world, which is Indians versus Pakistanis right here in the United States.'
Broadcasting and digital companies are ready to join the country's biggest ever auction of sports rights next year.
At a closed-door meeting with global investors, the largest asset manager in the country boasted of its nearly Rs 37 trillion assets under management (AUM) - 16.6 times that managed by the second-largest insurer SBI Life. The numbers are as of March 31, 2021. The assets of LIC are 1.2 times the net assets of the entire Indian mutual fund industry, which had AUM of Rs 31.43 trillion as of March 31, 2021 (about Rs 37.3 trillion until November this year). The standalone assets that LIC manages are equal to 18.7 per cent of India's GDP and worth more than gross domestic product (GDP) of the UAE, Bangladesh, Malaysia, Singapore, Hong Kong, South Africa, New Zealand, and Pakistan.
Indian women maintained their supremacy in the Asia Cup, beating arch-rivals Pakistan by 17 runs for their sixth title in as many editions.
On the last day of the competition, Yash Vardhan and Shreya Agrawal bagged three gold medals each.
China and Mexico seem to be the target of Donald Trump's campaign and his response to get jobs back to America
'India has about 22,000 tonnes of private gold, held by individuals and temples.' 'Much of this is locked up in safes and vaults as a dead investment. If we can put the vast reserves of gold to use, it would boost the economy,' says V P Nandakumar, executive chairman, Manappuram Finance, India's first listed gold loan company.
More than Indian exporters, it is Indian business families based in Sri Lanka and Hong Kong which have exploited the Bangladesh advantage
Singaporean para-athlete Mohammad Khairi Bin Ishak has been barred from competing at the Gold Coast Commonwealth Games after failing a doping test prior to the multi-sports event beginning, the Singapore team said on Saturday.
The first Women's Cricket World Cup was held in England in 1973, two years before the first men's world cup in 1975.
This year's theme is 'Yoga at Home and Yoga with Family' and people will be able to join the celebrations virtually at 7 am on June 21. The Indian missions abroad are trying to reach out to the people through digital media as well as through the network of institutions which support yoga, officials said.
A record number of 11 Indian Americans are on ballot for the US House of Representatives. Of these nine are from the opposition Democratic party and two are Republicans.
An outraged Indian boxing contingent lodged a protest and demanded a review of L Sarita Devi's semi-final bout at the Asian Games after the veteran pugilist lost despite a dominating performance against home favourite Jina Park.
'What needs to be watched is that the border incidents at Dokalam in 2017 and Galwan in 2020 are triggering nascent Chinese nationalism against India,' asserts Srikanth Kondapalli, the leading China expert.
The heavy industries ministersaid that the proposal for the auto scrappage policy was ready and all stakeholders have provided inputs, therefore its announcement was likely very soon.
The USIBC has encouraged a streamlined implementation of the GST.
Former India captain Shantha Rangaswamy, who is set to be a part of the powerful nine-member BCCI apex council, says she never imagined that a woman cricketer would "storm the male bastion" that the Indian cricket board is.
