The issue size of 35 companies this fiscal was lower than Rs 100 crore each, while four were in the range of Rs 100 crore and less than Rs 500 crore. As many as 22 IPOs were equal to Rs 500 crore or more, the minister said. The finance ministry on Monday informed Parliament that …
Finance Ministry says no plan to ‘boost’ cryptocurrencies Read More »
She had said the government, RBI and Sebi have been cautioning people about the cryptocurrencies that could be a “high risk” area and “more can be done” to create awareness. Asserting that a lot of speculation is taking place on cryptocurrencies, Finance Minister Nirmala Sitharaman on Saturday said these speculations are not “healthy at all.” …
Lot of unhealthy speculation on crypto taking place, says FM Sitharaman Read More »
On November 18, Modi said that it is important that all democratic nations work together to ensure that cryptocurrency doesn’t end up in wrong hands. The government has no intentions of granting private cryptocurrencies, such as bitcoins, the status of legal tenders, because it is wary of the damaging impact of any such move on …
No legal tender status for private cryptos but innovation possible Read More »
The government is likely to introduce a bill on cryptocurrencies during the winter session of Parliament beginning November 29 For the second time in a week, RBI Governor Shaktikanta Das on Tuesday expressed his concerns over cryptocurrencies, saying there are “far deeper issues” involved in virtual currencies that could pose a threat to the country’s …
Far deeper issues with cryptocurrencies, says RBI Governor Shaktikanta Das Read More »
FILE PHOTO: The Reserve Bank of India (RBI) Governor Shaktikanta Das arrives at a news conference after a monetary policy review in Mumbai, India, February 6, 2020. REUTERS/Francis Mascarenhas February 25, 2021 By Swati Bhat and Nupur Anand MUMBAI (Reuters) – India’s central bank has “major concerns” about cryptocurrencies, Governor Shaktikanta Das said on Wednesday, …
Indian central bank has “major concerns” over cryptocurrencies: Governor Das Read More »
FILE PHOTO: A Mastercard logo is seen on a credit card in this picture illustration August 30, 2017. REUTERS/Thomas White/File Photo February 11, 2021 (Reuters) – Mastercard Inc said on Wednesday it was planning to offer support for some cryptocurrencies on its network this year, joining a string of big-ticket firms that have pledged …
Mastercard to open up network to select cryptocurrencies Read More »
FILE PHOTO: Former Federal Reserve Chairman Janet Yellen speaks during a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christopher Aluka Berry February 11, 2021 WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday warned about an “explosion of risk” related …
Yellen says Treasury will fight misuse of cryptocurrencies, foster innovation Read More »
Customers talk against a backboard with signs of cryptocurrency during 2020 Taipei International Finance Expo in Taipei, Taiwan, November 27, 2020. REUTERS/Ann Wang/Files February 1, 2021 By Rajendra Jadhav MUMBAI (Reuters) – India plans to introduce a law to ban private cryptocurrencies such as bitcoin and put in place a framework for an official digital …
India proposes law to ban cryptocurrencies, create official digital currency Read More »
FILE PHOTO: Representations of the Ethereum virtual currency standing on the PC motherboard are seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration/File Photo January 4, 2021 By David Randall NEW YORK (Reuters) – Outsized bets on large U.S. technology companies and emerging cryptocurrencies fueled the year’s top-performing U.S. mutual fund and exchange-traded funds …
Big tech bets and cryptocurrencies power 2020’s top U.S. funds Read More »
