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Tag: indian finance minister

G20 Nations Unanimous on Urgency to Regulate Crypto: Indian Minister

Indian Finance Minister called for a coordinated global policy response to regulate crypto. Sitharaman made the remarks during a session with G20 finance ministers...

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India’s Retail CBDC Pilot Onboards 50K Users, RBI to Continue with ‘Go Slow’ Approach

India’s retail CBDC pilot, launched on December 1, has onboarded 50,000 users and 5,000 merchants. In the two-month period, 0.77 million e-rupee transactions...

India working with IMF, FSB on crypto regulations, says economic affairs secretary

India, the current holder of the G20 presidency, has been working with the International Monetary Fund (IMF) and the Financial Stability Board (FSB) to...

Budget 2023 India: Huge Income Tax Changes, Good For Crypto Community?

The crypto community is disappointed with no tax burden and TDS reduction announced by India’s Finance Minister Nirmala Sitharaman in the first session...

USD/INR Price News: Brace for sheer volatility ahead of Indian Union Budget/Fed policy

USD/INR has come out of the woods ahead of the Indian Union Budget announcement. The USD Index has rebounded as anxiety among investors...

Union Budget 2023: Can We Expect A Rationalized Crypto Tax Policy?

Indian Finance Minister Nirmala Sitharaman will present the Union Budget 2023 on February 1. FM will present the country’s income and expenditure plans...

$3.8B of Cumulative Volume Moved Overseas Since Indian Crypto Taxes Kicked In

While Indian crypto exchanges lost a significant portion of their trading volume after new taxes for the sector came into force, the losses,...

Indian CBDC Fails to Impress Bankers in Initial Trials: Report

The initial excitement among Indian bankers over the launch of a central bank-sponsored digital rupee seems to be fizzling out. They find it...

Indian Finance Minister Asks Crypto Investors to Exercise Caution as Authorities Investigate Exchanges

India’s finance minister has cautioned investors about cryptocurrency as the country’s Enforcement Directorate (ED) investigates a number of crypto exchanges and freezes the assets...

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