Indian Financial News

25.11 / 05:05

cryptocurrency cryptocurrency in india crypto ban Bitcoin Indian Indian crypto investors press the sell button

Mumbai: Indian holders of cryptocurrency went into panic-selling mode Tuesday, flooding the exchanges at midnight after being spooked by the wording of a government release that implied a ban on all private virtual coin. Prices of the most-valued cryptocurrencies such as Bitcoin and Ethereum fell as much as 15%.

23.11 / 20:50

Government regulation Indian Indian parliament's agenda for winter session includes bill on banning 'private cryptocurrencies'

The Indian government will be considering a bill that would create a digital rupee starting as early as next week, but may also ban certain cryptocurrencies in the country.

22.11 / 15:35

UPS Progressive CEO businesses Framework Indian regulatory Indian businesses ride crypto-wave despite uncertain regulatory framework

While the Indian administration is making an attempt to onboard policymakers for a progressive crypto law, recent reports also suggest otherwise. With watchdogs like the central bank maintaining a cautious stance on the sector, India might allow only pre-approved tokens to trade.

18.11 / 13:13

Adoption regulation Altcoin Bitcoin Indian Indian PM urges democratic countries to collaborate on cryptocurrencies

India appears to be taking a progressive stance on Bitcoin (BTC). Especially given the fact that the country is attempting to reach a uniform viewpoint on the categorization and legality of this new asset class.

18.11 / 07:35

COST IPO Provident PayDay Indian Financial Earned Wage Access: A financial product for the well-being of Indian employees

The financial well-being of Indian employees has often been discussed but rarely researched. A recently launched report titled “Earned Wage Access in India: The final frontier of employee wellbeing” gives a ringside view of the state of financial well-being of Indian employees. The report has been launched by Refyne, India’s first and largest Earned Wage Access (EWA) solution provider, in partnership with Ernst & Young.

16.11 / 14:41

Adoption regulation Bitcoin lawmakers Indian Crypto Can't be Stopped, but Must be Regulated, Indian Lawmakers Conclude

The latest meeting - that had India’s parliamentary standing committee on finance discussing crypto-related issues with the industry’s representatives for the first time - saw the lawmakers concluding that it was impossible for the authorities to stop the crypto sector’s growth in the country, but also that cryptocurrencies need to be regulated.

16.11 / 08:17

Government cryptocurrency Indian crypto experts Indian crypto experts hopeful after meeting with Parliamentary panel

After the Standing Committee on Finance discussed the regulatory challenges with the industry representatives on November 12, the industry experts see a silver lining as there is an open dialogue and legitimate concerns are being discussed, which is a move forward, say the experts that Moneycontrol spoke to.

08.11 / 09:07

NFT Metaverse NFT collection Indian Kamal Haasan first Indian actor to be part of a Metaverse

Mumbai: Producer, director, actor and politician Kamal Haasan is set to become the first Indian celebrity to have his own digital avatar in a metaverse. Haasan, who turned 67 on Sunday, announced his entry into the digital space, with the launch of collectables or NFTs (non-fungible tokens) and plans for his museum in an upcoming metaverse game from Fantico, an Indian licensed digital collectables platform.

06.11 / 12:03

business cryptocurrency World Bitcoin Indian Jefferies Group’s Christopher Wood bullish on Indian equities, Bitcoin: Report

Christopher Wood, the global head of equity strategy at Jefferies Group, has reiterated his “bullish” view on Indian equities even as other global research and brokerage houses downgraded them citing “rich valuations”, Business Standard reported.

03.11 / 19:37

Dogecoin Ethereum Shiba Inu Bitcoin Doge Indian Indian exchanges pin DOGE, SHIB as market’s favorite puppers

In the last six months, meme coins were seemingly the most sought-after cryptocurrencies in India, as per a local report. According to which, Dogecoin and rival Shiba Inu had a lion’s share in the country’s trading volume.

03.11 / 11:43

IPO Strategy SENSEX Indian Socially responsible investing: Indian investors are taking to ESG investments

By Moinak Maiti and Parthajit Kayal

02.11 / 15:55

NFT Indian Sunny Leone becomes the first Indian actress to mint NFT

Sunny Leone ventured into the NFT (non-fungible token) space after she made an announcement to enter the marketplace following in the footsteps of megastars Amitabh Bachchan and Rajinikanth. And now, racing ahead, Sunny has gone on to mint her NFTs.

02.11 / 11:21

business Adoption coinbase Indian AI startup Customer acquires Coinbase acquires Indian AI startup to improve customer service

Coinbase, the largest cryptocurrency exchange in the United States, is working to improve its customer support while expanding in India by acquiring a new startup.

02.11 / 08:35

Indian week Indian investment in cryptocurrency hits $10 billion this week

The crypto party just got bigger this week, as Indian crypto exchanges recorded their biggest investment levels ever, not only in terms of the number of investors, but also in the sums invested.According to crypto research and intelligence business CREBACO, Indian crypto investments have increased to over $10 billion from $923 million in April 2020, as crypto markets touched all-time highs (based on IP traffic and crypto quantities of Indian

01.11 / 23:33

IPO Gap Metro Indian Financial Importance of Financial Literacy in the new Indian retail investment landscape

The Covid-19 pandemic has put millions of lives in danger and put many people out of jobs or a financial crisis. The pandemic not only impacted everyone physically and mentally but also financially. This made people more self-aware of the importance of investments and saving for an unexpected rainy day. It is important to be financially prepared irrespective of our age, gender, education or living in metro or rural learning how to manage our finances can be life-changing.

28.10 / 19:59

Law regulation Bitcoin Indian Indian government is reportedly considering regulating crypto as a commodity

The Indian government may be looking into establishing a legal framework for crypto as early as February based on digital currencies as an "asset."

28.10 / 09:15

IPO Digital ACI Indian week 60% of Indian shoppers use digital payments multiple times each week for festive season spending: Report

Digital payments continue to grow as India’s economy emerges from the worst of the pandemic. According to a new study conducted by YouGov and ACI Worldwide (NASDAQ: ACIW), with 60 per cent of consumers having used digital payments (including eWallets and UPI) multiple times per week for festive season purchases, digital payments in India continue to grow.

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