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Government does not recognize private cryptocurrency as legal tender, dig
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Noting that digital currency to be issued by the Reserve Bank of India (RBI) will be official and legal tender, Union Commerce and Industry Minister Piyush Goyal on Tuesday said the government does not recognize private cryptocurrencies as legal tender
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Indigo CEO welcomes announcement of issuing E-passport, introduction of di
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Lauding the Union Budget 2022-23 presented in the Parliament on Tuesday, Indigo Chief Executive Officer Ronojoy Dutta welcomed the new incentives of the government regarding issuing of E-passport and the introduction of digital currency by the Reserve
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Embrace IRack and IRack Block designed by NetRack to achieve cooling effic
Updated : 4 years, 1 month ago IST
Bengaluru (Karnataka) [India], February 1 (ANI/NewsVoir): Data is considered a critical asset and intellectual property of any organization. Hence, the data center forms the core part of any company dealing with that data.
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Karnataka SSLC Class 10 Exams From 28th March: Tricks to score high with C
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI/Oswaal Books): Students have been eagerly waiting for the upcoming Karnataka SSLC class 10 board exams.
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30 pc tax on virtual digital assets will help regulate crypto, says Niti A
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): India going to be the first country to implement a digital rupee and a high tax on digital currency to be beneficial for middle-class investors as it sees frequent fluctuations, says Amitabh Kant, CEO of Niti Ayog on Tuesday.
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SC seeks banks' response on Future Retail's plea to restrain lenders from
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): The Supreme Court on Tuesday asked a consortium of banks to file an affidavit on a fresh petition of Future Retail Ltd. (FRL) seeking quashing of lenders' letters warning initiation of insolvency proceedings against it.
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75 Digital Banking units to be setup in 75 districts by scheduled commerci
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday announced the introduction of Digital Rupee which will be issued by the Reserve Bank of India starting 2022-23, along with the setting up of 75 digital banking units in 75 districts by scheduled commerc
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RBI to issue digital rupee using blockchain in FY 22-23: Sitharaman
Updated : 3 years, 11 months ago IST
New Delhi [India], February 1 (ANI): To boost the Indian economy, the Reserved Bank of India (RBI) will be issuing a digital rupee using blockchain and other technologies in the Financial Year 2022-23, Finance Minister Nirmala Sitharaman told the Parliament on Tuesday.
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Pakistan: PPP chairman Bilawal Bhutto-Zardari refuses to accept Gilani's r
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 1 (ANI): Pakistan Peoples' Party (PPP) chairman Bilawal Bhutto-Zardari on Monday has refused to accept PPP leader Yousaf Raza Gillani's resignation as the leader of the Opposition in the Senate terming his services as a "shining example" for democrats.
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India to remain fastest-growing major economy in the world during 2021-24,
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): India will remain the fastest-growing major economy in the world during 2021-24, as per the projections of the World Bank, Asian Development Bank and International Monetary Fund, according to the Economic Survey 2021-22 released on Monday.
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Among major emerging market economies, Indian markets outperformed peers i
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): The year-on-year bank credit growth in India accelerated gradually in 2021-22 from 5.3 per cent in April 2021 to 9.2 per cent as on December 31, 2021, according to Economic Survey tabled in the parliament on Monday.
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Cryptocurrency has some financial stability issues, government will take b
Updated : 4 years, 1 month ago IST
New Delhi [India], January 31 (ANI): Al Salvador has adopted Bitcoin but there are still financial stability issues relating to cryptocurrency which have been highlighted by the Reserve Bank of India, Principal Economic Advisor Sanjeev Sanyal said on Monday and noted that the government w
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