Reserve Bank Governor Shaktikanta Das on Thursday said cryptocurrencies are a "threat to macroeconomic and financial stability" and cautioned investors against punting on them, days after the Union government's move to tax the gains made from cryptocurrency trades. In the Union Budget for 2022-23 presented in Parliament on February 1, the government proposed levying a 30 per cent tax on gains made on cryptocurrency trades by investors and the announcement was welcomed by cryptocurrency industry players, saying it legitimises their trades. Das invoked the 17th century 'tulip mania', widely considered to be the first financial bubble, to caution investors, saying the cryptocurrencies do not even possess the value of the exotic flower.
Earlier, another debutant Rohit Mor (57kg) gave India a winning start by sailing past Ecuador's Jean Caicedo 5-0 in a confident opening-round performance on Tuesday. Next up for him is Bosnia and Herzegovina's Alen Rahimic.
Brazil fought back from a goal down to score three times in the second half and record a 3-1 win over Venezuela that maintained their 100 percent record in qualifying matches for the 2022 World Cup.
Quaison fires Sweden to extra-time World Cup playoff win over Czechs
France, who were 2-0 up courtesy of Arthur Rinderknech and Adrian Mannarino, faced little resistance from Ecuador as wins for Benjamin Bonzi and the doubles pair of Pierre-Hugues Herbert and Nicholas Mahut secured victory for the 10-times champions.
The most impressive players at the FIFA World Cup 2022 after Round One.
In a major setback to India's efforts to market its indigenous helicopters in the overseas market, a Dhruv helicopter sold to the Ecuadorian Air Force on Wednesday crashed in Quito during a military parade, leaving two of the pilots injured.
Alexis Sanchez shrugged off an ankle injury and continued his resurgent form at the Copa America. The Chile striker fired his side to a 2-1 victory over Ecuador on Friday which took the holders into the quarter-finals of the competition.
Following is reaction to the 2022 FIFA World Cup draw, which was held at the Doha Exhibition and Convention Center in Qatar on Friday.
The 50-year-old's lawyers had argued that he should not be taken to the US because of a real and 'oppressive' risk of suicide and won the right to appeal in Britain's highest court.
All the gold medallists from Saturday's action at the Tokyo Olympics.
Britain's Emily Campbell claimed silver in the +87kg event with 283kg and the United States' Sarah Robles took bronze on 282kg.
Police officers, stationed outside the Ecuadorean embassy in London where Wikileaks founder Julian Assange has sought refuge since 2012, were withdrawn on Monday over three years after they were stationed there.
World number one Novak Djokovic overpowered Dennis Novak after Dusan Lajovic battled past Gerald Melzer and Serbia went on to a 3-0 win in their opener against Group F hosts Austria in the Davis Cup Finals in Innsbruck on Friday.
"Tendulkar's attorney said the cricket player's investment is legitimate and has been declared to tax authorities. Shakira's attorney said the singer declared her companies, which the attorney said do not provide tax advantages. Schiffer's representatives said the supermodel correctly pays her taxes in the UK, where she lives," it notes.
Manchester Utd's Fred receives racist abuse after defeat by Liverpool.
But despite some early close attempts from Uruguay, Japan began to impose themselves on the game and Koji Miyoshi gave them the lead in the 25th minute with a confident finish following a counterattack.
The football world gathered in the Qatari capital on Friday as the draw ceremony for the World Cup finals got under way with music and dance.
A round-up of Sunday's action in the South American World Cup qualifiers.
Brazil required an untidy second half goal from Roberto Firmino to beat Venezuela 1-0 and extend their 100% record to three wins from three in a lacklustre World Cup qualifier in Sao Paulo on Friday.
It could prove to be a major breakthrough in the protracted standoff between 44-year-old Assange and Sweden, where he is wanted in relation to a 2010 rape allegation.
Peru moved into the semi-finals of the Copa America in dramatic fashion on Friday by beating Paraguay 4-3 on penalties after the two sides drew 3-3 over 90 minutes in an action-packed encounter in Goiania.
The winners of the Natural History Museum's prestigious Wildlife Photographer of the Year competition were announced at an awards ceremony in London. American photographer Karine Aigner was announced as this year's Wildlife Photographer of the Year.
Mexican striker Matias Vuoso and Chile midfielder Arturo Vidal both scored twice in a game that roared from end to end and never let up in intensity.
Argentina finished their 2021 Copa America campaign unbeaten. Lionel Scaloni's side finished top of their group with three wins and a draw against Chile. In the quarter-final, they beat Ecuador 3-0 to progress to the final four.
The medals tally at the Paralympic Games in Tokyo.
Second-half goals from Arturo Vidal and Eduardo Vargas gave hosts Chile a 2-0 victory over Ecuador.
Mu -- also known by its scientific name as B.1.621 -- was first identified in Colombia in January 2021, and since then, there have been 'sporadic reports' of cases and some larger outbreaks in South America and Europe, the United Nations health agency said in its weekly bulletin on the pandemic on Tuesday.
Earlier in the night, Bolivia were denied their first win when Kaku scored with 18 minutes remaining to rescue a 2-2 draw for home side Paraguay in Asuncion.
One perk of being a pilot, apart from travelling the world, is a front-row seat to the Earth's natural wonders -- from jaw-dropping sunrises to silver slivers of lightning against ink coloured-clouds. One among them is Ecuador-based Santiago Borja who is known as "The Storm Pilot" because of the images he's taken. Borja, who lives in Quito, Ecuador, was kind enough to grant us permission to show some off his work.
On Saturday evening, Lionel Messi finally got what had eluded arguably the finest footballer of his generation throughout his glorious career -- a trophy playing for his country.
India caused a stir in Zagreb where veteran duo Leander Paes and Rohan Bopanna edged Mate Pavic and Franko Skugor in Saturday's doubles to keep alive the tie but Marin Cilic quickly doused Indian hopes with a 6-0, 6-1 win over Sumit Nagal.
Sumit Sangwan (91kg) and Nikhat Zareen (51kg) were among three gold medallists in India's stupendous campaign at the 56th Belgrade International Boxing Tournament in Serbia. India ended the tournament with three gold, five silver and five bronze medals.
Brazil continued their perfect start to the Copa America as goals from Alex Sandro, Neymar, Everton Ribeiro and Richarlison gave them a 4-0 win over Peru
The 2015 and 2016 Copa champions took the lead late in the first half with a towering header from midfielder Erick Pulgar.
Anjali Bharadwaj, an Indian social activist working on issues of transparency and accountability, is one of the 12 anti-corruption champions announced by the Biden administration.
List of French Open men's singles champions:
The medal tally at the 2020 Olympic Games in Tokyo.
Sumit joins the likes of Ravi Kumar Dahiya (57kg), Bajrang Punia (65kg) and Deepak Punia (86kg) in men's freestyle and Vinesh Phogat (53kg), Anshu Malik (57kg) and Sonam Malik (62kg) in women weights for those who have qualified for the Olympics.
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