A month after India’s central bank accepted that it had cracked down on cryptocurrencies without much deliberation, it has finally spelled out the reasons for…
THE GAME IS ON
India may not ban cryptocurrency after all
After months of uncertainty, there are indications that India may not, after all, opt for a blanket ban on virtual currencies. A finance ministry panel…
DON'T COUNT ON IT
Already Asia’s worst-performing currency, the Indian rupee could slide further
The Indian rupee has been on a slide for months, and there seems to be no end to it. On June 28, the currency fell…
BITCOIN REBOOT
How Indian cryptocurrency exchanges are trying to survive
In April, the Reserve Bank of India (RBI) cracked the whip on cryptocurrency exchanges in the country. It sent a missive to all Indian lenders,…
AN ICON'S LEXICON
Charted: Mukesh Ambani’s favourite words at Reliance AGMs
Mukesh Ambani’s speech at the annual general meeting (AGM) of Reliance Industries (RIL) is one of the most closely watched corporate events in India. And…
TIMELINE
How India choked its cryptocurrency ecosystem to near-death
From glorious highs to rock bottom, Indians hooked to cryptocurrencies have seen it all in the last year. In 2017, the price of a bitcoin,…
BITCOIN BLOCKADE
India’s top court refuses to lift ban on cryptocurrency exchanges
India’s supreme court has refused to grant any interim relief to cryptocurrency exchanges against the Reserve Bank of India’s (RBI) crackdown on them. On April…
AN INSURED KNIGHT
LIC is already saddled with troubled banks, why does it want one more?
India’s biggest insurance firm is stepping in to rescue the posterboy of the country’s deeply distressed banking sector. The government-owned Life Insurance Corporation of India…
FIRST ANNIVERSARY
A year on, India’s biggest tax reform is still a work in progress
As the clock struck midnight on July 01 last year, a packed Indian parliament ushered in the country biggest ever tax reform with a gong:…
MEN MOVE ASIDE
India’s female investors show that bitcoin isn’t just for boys
In India, it’s women who are betting big on cryptocurrencies. BuyUcoin, an Indian cryptocurrency exchange, has found that female Indian investors, on average, invested over…
FREE FALLIN'
The Indian rupee has hit an all-time-low
It’s a new low for the Indian rupee. On Thursday (June 28), the currency plummeted to Rs69.01 against the US dollar—its lowest level ever. Its…
ANYONE CARES?
Indian banks were duped of over Rs3,00,00,00,00,000 in just one year
It has been a wretched year for Indian banks with a string of high-profile frauds. In fiscal 2018, they registered over 6,000 cases of fraud,…
