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India to Introduce RBI-Backed Digital Currency For Faster Transactions: Report

India to Introduce RBI-Backed Digital Currency For Faster Transactions: Report

The new offering will leverage blockchain technology for faster and safer transactions, minister Piyush Goyal said.

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1 min
India hits BingX, LBank in major crackdown targeting offshore exchanges

India hits BingX, LBank in major crackdown targeting offshore exchanges

India has launched its toughest crackdown on crypto to date, blacklisting 25 offshore platforms holding more than $9 billion, including BingX and LBank, for failing to meet anti–money laundering stand...

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1 min
Reserve Bank of India maintains policy rate at 5.5%, in line with forecasts

Reserve Bank of India maintains policy rate at 5.5%, in line with forecasts

The Reserve Bank of India (RBI) maintained its policy rate at 5.5% today. It aligns with forecasts as policymakers assess the impact of previous rate cuts and tax reductions realized amid global trade...

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1 min
StockPil: News Media for Stock Market, Business, AI/Tech & Crypto

StockPil: News Media for Stock Market, Business, AI/Tech & Crypto

BitcoinWorld StockPil: News Media for Stock Market, Business, AI/Tech & Crypto StockPil is a modern news media platform designed for readers who need fast, accurate, and clearly explained updates acro...

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1 min
India won’t pass new crypto laws, fears systemic risk

India won’t pass new crypto laws, fears systemic risk

India has dropped plans to pass any law to regulate crypto, choosing instead to keep watching the sector from a distance. According to Reuters , a government document drafted this month says officials...

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1 min
India suffers worst bond selloff since 2022 as yields surge in August

India suffers worst bond selloff since 2022 as yields surge in August

India is scrambling to contain its bond market after yields spiked in the biggest selloff since 2022. The Reserve Bank of India (RBI) is now weighing moves to calm markets after a brutal August saw th...

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1 min
India looks to calibrate inflation gauge with Amazon, Flipkart price data

India looks to calibrate inflation gauge with Amazon, Flipkart price data

India declared through its Ministry of Statistics and Programme Implementation that it plans to include price data from Amazon and Walmart’s Flipkart when estimating the inflation rate. According to t...

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1 min