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Total 271 results found. Search for [ RBI digital currency ]

Results 1 to 21 of 271
BusinessToday.In
March 30, 2021
As per a new RBI rule, automatic payments will have to undergo additional authentication; while the new rule comes into effect from April 1, uncertainties around it could create problems for users


Shailendra Shukla
New Delhi, March 30, 2021
Traffic in Suez Canal resumes as stranded massive ship set freeShipping traffic through Egypt's Suez Canal resumed on Monday after a giant container ship which had been blocking the busy waterway for almost a week was refloated, the canal authority said. The 400-metre (430-yard) long Ever Given became jammed diagonally across a southern section of the canal in high winds early last Tuesday, halting traffic on the shortest shipping route between Europe and Asia. Approximately 30,000 cubic metr...


BusinessToday.In
March 29, 2021
RBI-issued digital currency will be exactly like cash and it does not need intermediate settlements and multiple hops.


Avneet Kaur
March 25, 2021
The industry is still unclear about the legal status of cryptocurrencies but believes this is a positive step for the digital assets space. The industry players believe this will increase institutional participations in the crypto space in the country


PTI
March 25, 2021
Underlining the huge role that technology and innovation played in serving the consumers better and faster, Das said the RBI processed 274 crore digital transactions to provide direct benefit transfer to people, most of which happened during the pandemic


BusinessToday.In
March 25, 2021
Das says growth momentum is going as per RBI's estimate and revival of economic activity should continue unabated; he adds there could be no downward revision in RBI's 10.5% growth estimate for FY22


BusinessToday.In
March 23, 2021
Nilekani's posture assumes significance, as he is one of India's most notable technocrats, and has played a key role in creating India's digital rails - be it Aadhaar, FASTag, or GST


BusinessToday.In
March 22, 2021
Speculations regarding the blocking of IP addresses have come at a time when reports have already surfaced that the Centre will table Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in the Parliament very soon


Anand Adhikari
New Delhi, March 17, 2021
The government is contemplating banning the trading in cryptocurrencies like bitcoins, Ethereum and Ripple. There are also plans to issue an official digital currency by the RBI. While an outright ban on private cryptocurrencies will stifle innovations, the cryptocurrencies do need regulations to protect the interest of investors. Currently, cryptocurrencies are not legal tender in most countries, but Japan, Australia, Singapore and few other countries allow these virtual currencies as property and tradable assets. Last week, the finance minister Nirmala Sitharaman said that the  government is going to take a calibrated position on cryptocurrency. The finance minister also said that the government wants to ensure that there is a window for experiments in the Cryptocurrency space. What should be the regulatory framework for cryptocurrencies and why there is a need for regulations. Let's look at the five major areas that need the government's attention.Also Read: India is set to ban Bitcoin, Dogecoin and other crypto money with move that targets miners and traders


Anand Adhikari
March 12, 2021
While a ban on private crypto currencies will kill all future innovations in the crypto space, the virtual currencies do need a regulatory framework to protect the interest of  investors


PTI
March 11, 2021
\"The cryptocurrency, which has been debated day-in and day-out, has an underlying technology. In an interconnected economy, interconnected world, we cannot isolate ourselves,\" says Financial Services Secretary Debasish Panda


PTI
March 6, 2021
Cryptocurrencies are digital or virtual currencies in which encryption techniques are used to regulate the generation of their units and verify the transfer of funds, operating independently of a central bank


BusinessToday.In
March 6, 2021
Finance Minister Nirmala Sitharaman hints that the Centre may not go for a blanket ban on digital currencies in the country; says it's open to experimentation with new technologies


BusinessToday.In
March 4, 2021
From March 10, travellers undergoing pre-departure COVID-19 tests in Singapore will get their results in digital form as per the HealthCerts standard.


Aprajita Sharma
March 3, 2021
There are talks of North Block considering an 18 per cent GST on Bitcoin transactions. But, could there be a sin tax of 28 per cent, given its alleged nefarious status


BS Srinivasalu Reddy
New Delhi, March 3, 2021
Bank of America won by focusing on large Indian firms and multinationals


BusinessToday.In
February 26, 2021
Requests have been received from various stakeholders including Indian Banks' Association for extending the timeline, keeping in view the COVID-19 related disruptions and inconveniences, RBI said.


BusinessToday.In
February 26, 2021
As per the RBI, headline CPI inflation averaged 3.9 per cent in India during October  2016  to  March  2020 (excluding Covid-19 period) with a decline in inflation  volatility, which shows the success of flexible inflation targeting


BusinessToday.In
New Delhi, February 25, 2021
Drug maker Johnson & Johnson's single-shot COVID-19 vaccine is safe and effective as per the data submitted from its ongoing multi-national Phase 3 trials; Top banker Uday Kotak has welcomed the Centre's decision to lift the embargo on grant of government businesses to private banks; Amid recent surge in demand for cryptocurrencies, the Reserve Bank of India has raised concerns that the digital currency may impact financial stability in India. Watch this and more on News Blast.Also Read: RBI working on digital currency, wants to tap on blockchain technology: Das


Manoj Sharma
February 25, 2021
Das says RBI does not want to be left behind in the technological revolution, and that the benefits of blockchain technology need to be capitalised on


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