Since there are many and complicated choices, retail investors stand to benefit
It is likely he will rope in an international ATM manufacturer as a strategic partner with equity stake.
The collapse of Silvergate Bank, Silicon Valley Bank (SVB) and Signature Bank in the US might create temporary liquidity issues but will not have any significant impact on the Indian crypto market in the long run, officials from several exchanges told Business Standard. All three banks are considered crypto-friendly. SVB offered services such as cryptocurrency custody and lending.
Economist Abhijit Sen, a former Planning Commission member and one of the country's foremost experts on rural economy, died on Monday night. He was 72.
He addressed a seminar on India and Sweden in Stockholm.
Congress leader Rahul Gandhi told British parliamentarians in London on Monday that functioning microphones in the Lok Sabha are often silenced against the Opposition.
Morocco have been banned from the next two African Nations Cup tournaments as punishment for withdrawing from hosting the 2015 finals over fears of the spread of the Ebola virus.
At Birmingham, Avinash Sable became the first non-Kenyan to win a medal since 1994 at the Commonwealth Games.
When there is a state government committed to development, it is important that Mumbai has a civic body that, too, shares that goal, Modi said.
Twitter can probably afford to wait it out. But would it have the moral courage to do so? asks Devangshu Datta.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart automation, much of it relying on blockchain technology, drive human civilisation. Reserve Bank of India (RBI) Governor Shaktikanta Das has repeatedly warned of macroeconomic instability and even "serious consequences" if cryptocurrencies turn mainstream. The country's monetary authority wants a China-like total ban on crypto, not even allowing these currencies to be treated as investments. Though Parliament's website had listed the Cryptocurrency and Regulation of Official Digital Currency Bill as one seeking a total ban of cryptocurrencies in the country, it was not presented in the Winter Session. India now has the highest number of cryptocurrency investors in the world.
The BJP MLC, who had switched his loyalty from the Janat Dal-Secular to the BJP two years ago, alleged that the "entire state" including ministers, had been talking about Vijayendra's interference in the administration.
... As the world swings from 'financialisation' to 'artificial intelligence', asks Ajit Balakrishnan.
Household indebtedness is higher in the southern states as compared to the other parts of the country, a report said on Tuesday. Citing the All India Debt and Investment Survey (AIDIS) data from 2013-2019, domestic agency India Ratings said household indebtedness both in rural and urban areas was higher in southern states than rest of India. In 2019, Telangana with 67.2 per cent had the highest proportion of its rural households indebted and Nagaland with 6.6 per cent had the lowest proportion of its rural households indebted.
The COVID-19 lockdown had wreaked havoc on her mental health to such an extent that discus thrower Kamalpreet Kaur had started trying her hand in cricket to handle the psychological toll of the shutdown.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Tech is also being used to stem resignations, which have recorded a rise amid COVID-19.
Chinese Foreign Minister Wang Yi on Sunday met Sri Lanka's top leadership and discussed a host of issues, including the debt crisis faced by the island nation, investments, promoting tourism and the fight against the COVID-19 pandemic as the two countries marked the 65th anniversary of diplomatic ties.
The Union cabinet on Wednesday approved the roll-out of the 'PM POSHAN in Schools' scheme that will provide hot cooked meal to students of elementary classes in government and government-aided schools across the country.
'India should start leveraging rather than banning crypto.'
An astrologer told Ramesh Menon that he was increasingly having worried parents asking him about the future of their children who were showing serious behavioural changes like lack of tolerance towards others, shunning social interaction, and even violent behaviour. They were worried because they had never ever seen such traits in their children before the pandemic.
The story of Iceland is the story of life, notes Payal Singh Mohanka after a recent journey to that fascinating land.
The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.
In the excitement over the allocation of bank licences for the private sector, a new category of licence offered by the Reserve Bank of India (RBI) last year went almost unnoticed. That was when the RBI consolidated the rules for prepaid payment instruments (PPI), popularly understood as e-wallets or gift cards. In the process, the regulator has fast-forwarded a bottom-up card usage industry in India that is completely different from the world of bank-linked credit and debit cards.
'If I talk about my parents' sacrifices, this conversation will never end,' says Lieutenant Loveneet Singh.
Robbed ornaments worth over Rs 50 lakh has also been recovered from the possession of the accused who was arrested from Madhya Pradesh, officials said.
Every year, hordes of foreign runners flock to Kenya's high-altitude training camps in the hope that some of the nation's long distance-running magic will rub off on them, embracing the motto, 'if you can't beat them, join them'.
India's electric mobility goal, which has so far been riding on two wheels, is all set to graduate to four wheels. At least, the journey has begun. Hyundai Motor India said it would invest Rs 4,000 crore till 2028 to launch half-a-dozen electric vehicles (EVs) in India. It would eventually straddle premium and mass segments. The first of these - the electrified version of an internal combustion engine (ICE)-powered model - will go on sale as early as next year.
The game plan is to pressure India and China to come back and commit to further emissions cuts by next year's UN meeting. Neither China nor India has 2030 targets anywhere near in line with a 1.5 degree centigrade pathway, and so will be on the target list of nations under pressure to return next year with more ambition, predicts Ambassador M K Bhadrakumar.
Will Covid-19 permanently change higher education, asks Ajit Balakrishnan.
Modi's hardline policy towards Pakistan and J&K has created numerous leverages and bargaining positions that New Delhi can bring to the bargaining table and translate into concessions, argues Ajai Shukla.
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
The postponement of major sporting events during the coronavirus pandemic has left some British charities concerned about their survival, representatives have told Reuters, while others are worried about delivering services to vulnerable people.
The Paralympics Committee of India (PCI) has sacked its president Rajesh Tomar for the gross mismanagement at the recent National Para-Athletics Championship in Ghaziabad, where athletes suffered due to lack of proper facilities.
It is a record that the saffron party has created, where the majority of its legislators belonged to the minority community.
When the BJP forms government in Bengal, the chief minister will be a son of the soil, he said at the rally amid loud cheers from his supporters.
Railways is testing waters for locomotives to run on lithium-ion batteries, the most common ones used in electric vehicles.
Asserting that the way in which the entire country has fought the battle against coronavirus unitedly under Modi's leadership is laudable, BJP president J P Nadda asked party workers to spread the prime minister's message to light lamps or mobile phone torches at 9pm on Sunday among the masses.
'Not unlike politicians who gravitate towards whoever is in power, mafia dons too have a great survival streak, switching loyalty to the party in power,' observes Virendra Kapoor a week after gangster Vikas Dubey was slain in an alleged encounter.
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