Reserve Bank Deputy Governor Michael Patra on Wednesday said the central bank's views about cryptocurrencies might have delayed the government's proposed legislation on crypto assets. Emphasising that the Central Bank Digital Currency (CBDC) will be introduced in FY23 as announced by Finance Minister Nirmala Sitharaman in the Budget speech, Patra said India will proceed very gradually on the subject as there are concerns on privacy, its impact on monetary policy formulation and energy intensity. The government had plans to introduce a bill on cryptocurrencies like Bitcoin during the Winter Session of Parliament in November-December 2021 but did not introduce it.
Australia will aim to secure a Super Eight berth when they face lower-ranked Namibia
Michael Douglas' mother Diana Douglas dies battling with cancer
With the athletes bidding goodbye to Paris after another bone-tingling edition of the Olympics, Norma Astrid Godinho/Rediff.com, shares some interesting nuggets that made the Paris Olympics an event to remember!
Former India pace bowler David Johnson, who played two Tests in 1996, passed away in Bengaluru on Thursday.
Protesters have taken to the streets in US cities over systemic racism and police brutality.
We take a look at 10 recent awe-inspiring prosthetic aesthetics that actors have rocked for their respective roles in films.
Cricket icon Sunil Gavaskar celebrates a magnificent 75th birthday on July 10th. Rediff.com picks 15 facts about Sunil Gavaskar you need to know:
Why timebox? Most knowledge workers feel overburdened. Like The Joker in the Batman movies, we have all, at one point or the other, muttered to ourselves: 'So much to do, so little time.'
'Out of playing, and even now, it's not really on my radar, and I'm enjoying the balance of being able to coach as an assistant or head coach and then doing a bit of media as well.'
Vaughan had also slammed Rohit for not being proactive during the series-opener last week.
From World Cup titles to personal highs to heartbreaks, Virat Kohli witnesses it all at Mumbai's Wankhede Stadium
'I think to win big tournaments you need to be a team and not just have individual performances and unfortunately they haven't played well as a team.'
Ottneil Baartman registered his best bowling figures of 4 for 11 as South Africa produced a fine bowling effort to restrict Netherlands to 103 for nine
Amir, Imad recalled to Pakistan squad for NZ T20I series
Defending champions CSK face off against Royal Challengers Bangalore (RCB) at the MA Chidambaram Stadium in Chennai, in the season opener on March 22.
The man who made us realise the kitchen table wasn't an exotic enough location has left us. He was too hot for Earth anyway, mourns Raja Sen.
New Zealand find themselves in the a difficult group with two-time champions West Indies and Afghanistan also vying for the the top two spots.
The Reserve Bank of India's (RBI's) state of the economy report observed that any durable alignment of headline retail inflation with the target of 4 per cent could recommence in the second half of FY25 and sustain until numbers closer to the target are seen during the course of FY26, dashing hopes of any reduction in the policy repo rate in the current financial year. The report, authored by RBI staffers, including Deputy Governor in charge of monetary policy Michael Patra, said though headline numbers may fall in July and August due to base effect, it is likely to reverse in September.
The British pop singer dies at age 53.
Former Pakistan cricketers and the Pakistan Cricket Board chairman, Mohsin Naqvi came down heavily on the team management and the players, after their six-run loss to India on Sunday.
Vaughan wants England management to take inspiration from Manchester City boss Pep Guardiola.
Michael Jordan, age 21 at the time, smiled and held up the jersey at his first press conference as a member of the Bulls.
Mike Atherton feels India's spinners will win it for them
Buttler, who initially struggled this season, rediscovered his golden touch with a batting masterclass.
Ben Stokes's England were panned by former captains after their humiliating 434-run loss against India in the 3rd Test in Rajkot on Sunday.
Former skipper Michael Vaughan feels England "missed the trick" by recalling its cricketers from the IPL to play a T20 series against Pakistan, saying it had denied them experiencing pressure-cooker situations of the playoffs, which could have helped them prepare better for the upcoming T20 World Cup in the Americas.
Rachin Ravindra make a strong start to his Indian Premier League career
Desai, 57, was found dead at his studio in Karjat near Mumbai last August.
The Australian was Dhoni wanted to to stick around in the transition phase as Gaikwad was handed the captaincy.
Stoinis lost his spot in Australia's ODI team to Marnus Labuschagne during the World Cup in India
Former England captain Michael Vaughan said that Australian skipper Pat Cummins will be remembered as Australia's greatest cricketer after batting great Don Bradman because of his brilliant numbers and performances.
India captain Rohit Sharma says he wouldn't mind playing Tests against Pakistan at a neutral venue as it would be a "great contest" against the "superb bowling line-up" of the arch-rivals.
India is likely to grow by 7.5 per cent in the first quarter of the current financial year, driven by rising aggregate demand and non-food spending in the rural economy, according to an article in the RBI's May Bulletin released on Tuesday. The Indian economy has demonstrated marked resilience in the face of geopolitical headwinds impacting the supply chain, said an article on the state of the economy published in the May Bulletin.
Images from the T20 World Cup Group C match between the West Indies and New Zealand in Trinidad on Thursday.
The Kiwis named their 15-player squad for the ninth edition of the 20-over showcase on Monday, with the Black Caps opting for an experienced squad that includes Williamson and fast bowling duo Tim Southee and Trent Boult.
IMAGES from Day 4 of the Wimbledon Championships, at the All England Lawn Tennis and Croquet Club, London, on Thursday.
A makeshift United defence that included Casemiro at centre-back was easily picked apart by Palace on several occasions
Former Australia batsman Michael Hussey is hoping that all-rounder Glenn Maxwell will carry forward his Indian Premier League (IPL) form onto the T20 World Cup.
Franchise cricket is fascinating, and Gujarat Giants' coach Michael Klinger believes the key to winning titles is to come out on top in the big moments. He's looking towards his senior crew to steer the ship during any turbulence.
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