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India: 5 Arrested for Allegedly Torturing Bitcoin Businessman to Death
2.9.2019
India: the head of a failed $62.5 million Bitcoin investment scheme was allegedly tortured to death by ex-colleagues and investors in Kerala
Kedaara Capital Considering Investment in Indian Eyewear Startup Lenskart
2.9.2019
The Indian startup space has grown at a breakneck pace over the past decade or so, and a handful of companies have come up that have grown into high growth unicorns. Those firms are involved in a range of businesses, and there is a hope that more startups will eventually join that coveted club....
India Announces Multiple Mega-Mergers of State-Owned Banks in Latest Attempt to Spur Growth
31.8.2019
India is one of the handfuls of nations in which publicly owned banks still make up the major chunk of the financial system and while it has its merits, it has its demerits as well. In recent years, some of the biggest public sector banks in the country have been encircled with bad loans...
Super-Rich Indians Choose Bitcoin Over Altcoins for Investment: Poll
30.8.2019
Cryptocurrency is the fourth most preferred asset class to invest in for wealthy Indians
Goldman Sachs States That There is More Pain in Store for Indian Economy
29.8.2019
The global economy is currently in the middle of turmoil due to a wide range of factors. Two of the world’s biggest economies, the United States and China, are locked in a bruising trade war, while Europe’s biggest economy, Germany has experienced a downturn. However, among all that it is perhaps...
Crypto Can Boost Indian Economy – How Banning Will Hurt it
29.8.2019
The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community...
Walmart Pledges $4.8 Million towards Organizations That Work With Indian Farmers
28.8.2019
Over the years, some of the biggest corporations in the world have pledged billions of dollars in causes that could improve the lives of a whole variety of people across the world. The world’s biggest retail chain Walmart has also done its fair bit with regards to a range of causes through...
India’s Kerala Blockchain Academy Partners with R3 for Dev Education
28.8.2019
Indian government initiative Kerala Blockchain Academy partners with R3 to expand blockchain developer training
Market Update: Economists Envision Global Recession While Crypto Prices Soldier On
26.8.2019
Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a...
After United States, India May Ban MacBook Pro from Flights in Country
26.8.2019
One thing that airline regulators take very seriously is anything that could even remotely put a flight in danger and usually, they move swiftly to tackle the source of the problem. Earlier this year it emerged that Apple had decided to replace the batteries in MacBook Pro laptops that had been...
India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged
26.8.2019
Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which...
Amazon Set to Pick Up 49% Stake in Future Coupons and Minority Holding in Future Retail
23.8.2019
As far as e-commerce is concerned Amazon is at a different level altogether, and over the years, the company has aggressively expanded in new markets across the world. However, after it lost the battle in China to Alibaba, Amazon set its eyes on India and has spent billions of dollars in its quest...
The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory
23.8.2019
The supposed coordination of governments and tech companies to create a one-world, cashless society is often viewed as little more than fodder for silly Youtube conspiracy videos. After all, cash is still king in daily life, even in extremely high-tech, innovative societies like Japan. Upon closer...
Indian Cryptocurrency Exchange – Colodax Becomes Latest to List XRP, Reassuring RBI of Concerns
22.8.2019
Ripple’s token XRP recently got listed on Colodax, the Indian crypto-exchange. With no visible updates in its own price, the move has a set a viable standard for the Indian cryptocurrency market. The exchange portal now offers more than 10 trading entities namely, Bitcoin, Ripple, Stellar...
E-Commerce Giant Amazon Opens Its Biggest Campus in Hyderabad
22.8.2019
Amazon started more than two decades ago as an online bookstore but over the years the company managed to turn the e-commerce industry on its head to become one of the most valuable companies in the world. Nowadays it does billion of dollars in business and has huge operations all across the world....
Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set
21.8.2019
After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume...
India: Supreme Court Gives Central Bank 2 Weeks to Justify Crypto Ban
21.8.2019
India’s supreme court chastises central bank over crypto ban
RBI Defends Its Power Over Crypto in Indian Supreme Court
20.8.2019
The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency. Also...
Indian State of Maharashtra to Use Blockchain in Various Spheres
19.8.2019
The second major Indian state, Maharashtra is preparing a regulatory framework for analyzing blockchain technology for various spheres. As per the reports published by DNA on 19th August, the government of Maharashtra has decided to explore the blockchain technology for multiple fields. As per...
IAMAI Slams RBI for Banning Crypto in India, Says Central Bank has no Such Authority
17.8.2019
IAMAI or Internet and Mobile Association of India has slammed the move by the Reserve Bank of India (RBI) of releasing the circular directing banks to stop serving crypto companies, which literally killed many of them in the country. While arguing in the Supreme Court, the IAMAI counsel Ashim Sood...