In sync with industry demand, business schools are offering electives to give students a feel of some new technologies they may work with.

The Reserve Bank of India has maintained that any policy decision on the matter of cryptocurrencies lies within the purview of Central government.

Nasscom president Debjani Ghosh asked players to obey the law and seek clarification from the government if they are unhappy with it.

On Tuesday, a man who ran India's first bitcoin ATM was apprehended by the police in Bengaluru. The 37-year-old Unocoin Technologies co-founder, Harish BV, was arrested as the police said it was illegal since it was set up without approvals.

Over four years earlier, Sujan began work on a blockchain-based search engine that is everything that Google isn't -- non-partisan, unprompted and paid-for. The question is: is there a market for it?

Cryptocurrencies witnessed a major setback earlier this year when the Reserve Bank of India delegitimised all transactions with banks. The country's biggest Cryptocurrency trading platform Zebpay had to shut shop within months.

Zebpay, the largest cryptocurrency exchange in India, today announced the closure of its activities. The move comes five months after RBI banned banks from providing financial services to crypto exchanges.

The Supreme Court is currently hearing a case between virtual money exchanges and the RBI, and the next hearing on the matter is scheduled for September 17.

Chinese crypto-mining equipment makers plan to get listed in Hong Kong; major international airlines are beginning to pad their schedules with extra time to give the impression that the aircraft are arriving on time; diesel and petrol prices have hit new record high. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.

Mark Li, an analyst at Sanford C. Bernstein, said in a report on Sunday technology giant Apple was one of the impacted customers but a swift recovery in the fourth quarter should keep the impact minimal.

Vijay Mallya 'devastated' to lose control of Force India F1 team Liquor barron Vijay Mallya is 'devastated' to have lost control of the Force India Formula One team but the embattled tycoon should still have a say in what happens next, according to his right-hand man Bob Fernley. The Briton, who was deputy team principal until a court-appointed administrator took charge last Friday, told Reuters that Mallya would act in the best interests of a team he acquired in 2007. Mallya...

Ever since the banks were stopped from providing financial services to digital exchanges, the trade of Bitcoin through Dabba trading has increased manifold, and the whole purpose of stopping the flow of illicit money seems to have been defeated.

Banga refers to the indictment of 12 Russian intelligence officers in the hacking of the DNC and for interfering in the US elections, saying the FBI had disclosed the Russian agents handled the most delicate transactions using Bitcoin.

Ex-Google AI head to lead Apple's Siri, machine learning teamsApple has appointed former Google AI chief John Giannandrea as the head of its various artificial intelligence divisions. He will lead the machine learning division, the Siri team and the Core ML team at Apple. Core ML is the machine learning API released by Apple. Compared to other tech companies, the Cupertino tech giant has been lagging behind in artifical intelligence technology due to various reasons. With Giannand...

Ex-Google AI head to lead Apple's Siri, machine learning teams; HTC's blockchain phone, Exodus, to be launched this Fall and Huwaei Nova 3 comes with Kirin 970, four cameras. Watch more in this episode of Daily Tech Wrap with Vivek Punj.

Back in April, the RBI instructed all entities it regulates to stop dealing with cryptocurrencies, like Bitcoin, in three months. This prevented investors from buying crypto currencies in exchange of rupee. The RBI ban came into effect from July 5.

The RBI had in April directed all the banks to stop dealing with individuals and businesses dealing in virtual currencies in next three months - the deadline ended on July 5.