Narendra Modi News

24.02 / 09:05

cryptocurrency G20 RBI Recent innovation in digital finance may pose risk of destabilisation: Modi

Prime Minister Narendra Modi called upon G20 member nations to develop standards and regulations for cryptocurrencies to mitigate the risks of destabilisation and misuse posed by innovation in digital finance.

30.10 / 19:39

Activism Halloween India: 30 killed in suspension bridge collapse in Gujarat, officials say

At least 30 people were killed and dozens critically injured when a suspension bridge in India's western Gujarat state collapsed on Sunday, two government officials said.

16.09 / 20:19

Climate change Africa Queen Elizabeth II Ukraine war: Pope says yes to weapons, Moscow-installed officials killed, tortured bodies unearthed

Pope Francis said on Thursday that it is morally legitimate for nations to supply weapons to Ukraine to help the country defend itself from Russian attacks.

15.08 / 13:37

Citi India’s Big Bull billionaire Rakesh Jhunjhunwala dies aged 62

Veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala, nicknamed India’s own Warren Buffett, died on 14 August in Mumbai city, Press Trust of India news agency reported. He was 62.

31.05 / 14:25

regulation Indian Government Bitcoin consultation India cooperates with IMF on crypto consultation paper

The Department of Economic Affairs of India is finalizing a consultation paper on crypto currencies, which then will be handed over to the federal government. The implementation of the document could bring the country of 14 billion people closer to the international regulatory consensus on digital assets.

24.05 / 11:43

UPS Digital CEO coinbase This is what India’s crypto-sector needs more than anything

To overcome regulatory ambiguity, safeguard investors, and develop India’s crypto-business, CoinSwitch CEO Ashish Singhal argued on Sunday that the country needs to urgently adopt rules on cryptocurrency.

23.05 / 09:55

cryptocurrency CEO coinbase cryptocurrency news end regulatory Crypto App CoinSwitch Seeks End Of Regulatory Uncertainty On Cryptocurrencies

CoinSwitch CEO Ashish Singhal (on extreme right) has said Government must make rules on cryptocurrencies

14.05 / 13:37

Eurovision Song Contest Fire Arrest India: Police arrest company owners after building fire kills 27 in New Delhi

Police arrested two owners of a company that manufactures and sells security cameras after a massive fire reportedly started in their office in a four-storey commercial building in the Indian capital, killing 27 people and injuring 12 others, police and fire officials said Saturday.

09.03 / 04:27

CBDC crypto tax CBDC coming this year; revenue possibility in VDAs: FM

CBDC) to be rolled out this year, the Finance Minister Nirmala Sitharaman said. In the union budget 2022, tabled on February 1, Sitharaman had announced that India will launch its own CBDC, backed by the Reserve Bank of India. While speaking at the India Global Forum 2022 in Bengaluru, Sitharaman said, «The government had a lot of consultation with the RBI over the digital currency. We expect the currency to come out from the apex banker this year itself.»

06.02 / 09:20

Lata Mangeshkar, Queen of Melody, dies at 92

Prime Minister Narendra Modi said, "I am anguished beyond words. The kind and caring Lata Didi has left us. She leaves a void in our nation that cannot be filled."

05.02 / 03:48

Current Affairs NOT NW18 Exclusive | 80 vs 20 not Hindu vs Muslim, 'but 80% are progressive and 20% destructive', says UP CM Yogi Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath, in an exclusive interview with Network18's Editor-in-Chief Rahul Joshi on February 4, said his "80 vs 20" description of the Uttar Pradesh assembly elections is not targeted against any community.

03.02 / 12:59

NFT crypto tax Can India be next hub for cryptos, NFTs? Here's what experts say

crypto assets in the Union Budget has boosted the morale of the crypto industry, particularly the new players or startups. In the light of recent developments at home and across the globe, there are voices that India is poised to emerge as a global hub for crypto players and enterprises. Market participants believe that cryptos can be viewed as an emerging asset because it is an intangible, digital currency that uses a highly sophisticated type of encryption to secure and verify transactions.

03.02 / 12:45

Reserve Bank of India Budget Finance Minister Crypto bill unlikely this Budget session, hints Finance Minister

Union Budget, the crypto community is buzzed with multiple questions. Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman have stepped forward to clear the clouds of ambiguity. In line with this, in a recent interview to News18, Sitharaman said that the budget announcement on virtual assets was aimed to differentiate between private cryptos and digital currency.

02.02 / 13:39

CBDC digital rupee modi FinTech India's digital rupee would be exchangeable against cash: PM Modi

Central Bank Digital Currency (CBDC) in the Union Budget 2022 by Finance Minister Nirmala Sitharaman, Prime Minister Narendra Modi on Wednesday threw more light on the topic in his address to the nation. PM Modi said that the digital currency will boost the digital economy in the year to come, adding that the RBI-backed CBDC will be controlled and monitored by the central bank and will be a digital avatar of India's fiat currency. India's move to launch CBDC is in tandem with other global peers, who are planning similar moves soon.

01.02 / 15:53

cryptocurrency Money Bitcoin India announces plans to introduce ‘digital rupee’ and tax cryptocurrencies at 30%

India is set to launch a state-backed digital currency by next year and said it will tax cryptocurrencies and NFTs as part of new fiscal measures announced by the government on Tuesday.

01.02 / 12:17

Digital Currency RBI Budget 2022 RBI to launch blockchain-based digital currency next fiscal: FM

RBI) will introduce its digital currency in the new financial year. Digital currency will lead to a more efficient and cheaper currency management system, the Finance Minister said during her budget speech in Parliament. «It is, therefore, proposed to introduce digital rupee using blockchain and other technology to be issued by the Reserve Bank of India starting, 2022-2023,» she added.

01.02 / 06:55

cryptocurrency Budget Govt to take balanced view on crypto: Sanjeev Sanyal

New Delhi: The government will take a balanced view on the issue of regulation of cryptocurrencies as they have implications on the country's financial stability, Principal Economic Adviser Sanjeev Sanyal said on Monday. Currently, there are no particular regulations or any ban on use of cryptocurrency in the country. The issue of cryptocurrency has not been covered in the Economic Survey 2021-22, Sanyal said in an interaction with media on the Survey tabled in Parliament by Finance Minister Nirmala Sitharaman earlier in the day. «As you know, this is a matter of some debate, both inside the government, in the Ministry of Finance, and even in Parliament. So, this is something that is currently in discussion,» he said.

19.01 / 10:42

cryptocurrency in india cryptocurrency news Crypto exchanges may tweak code of conduct as bill lags

Mumbai: Indian cryptocurrency exchanges are weighing updates to their self-regulatory code of conduct to avoid run-ins with regulators. The move comes amid heightened scrutiny of the sector from regulatory bodies, including the income tax department, enforcement directorate, and others. ET reported on Monday that the government may delay tabling the Cryptocurrency Bill in the upcoming budget session of Parliament as it wants to hold more discussions and build consensus on a regulatory framework for the nascent sector.

19.01 / 07:19

Ethereum Bitcoin price today Bitcoin Top cryptocurrency prices today: Bitcoin, Ethereum slip; Cardano zooms 7%

Crypto prices dipped on Tuesday, following a national holiday in the US, and showed few signs of reversing any time soon. Barring Cardano, all other altcoins fell in tandem with the numero uno digital token.Bitcoin was holding above the $42,000 mark whereas Ethereum slipped below $3,200 levels. The trading volumes remained tepid during the early trade. Trading was light as investors looked for signs that Bitcoin's downward spiral has reached an endpoint. Barring Cardano and dollar-pegged Tether, all other eight out of top-10 digital tokens were trading lower during the early trade on Tuesday. Cardano zoomed over 7 per cent although Terra tanked over 10 per cent.

18.01 / 18:32

Blockchain Reuters Digital Progressive crypto sector Deal Indian Modi Urges Global Effort to Deal with Crypto, Indian Crypto Sector Remains in Uncertainty

The Indian prime minister has called for a collective global effort to tackle the challenges posed by cryptocurrencies as the country's crypto sector remains in uncertainty.

18.01 / 14:19

Provident Action Budget 2022 Cryptocurrency Bill Crypto Bill Unlikely To Be Introduced In Budget Session, Say Government Sources

The Crypto Bill proposes a penalty for violations by individuals as well as corporate bodies.

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