Top headlines: RBI reviews banks' strategies, Akasa orders 72 Boeing jet

The government is looking at classifying cryptocurrency exchanges as e-commerce platforms. More on that in Business Standard brings the top headlines at this hour.

The Reserve Bank of India (RBI) has started taking a close look at the business models of banks and their strategies. More on that story in our top headlines this morning.

Cryptocurrency exchanges may be classified as e-commerce platforms

The government is looking at classifying cryptocurrency exchanges as e-commerce platforms and imposing 1 per cent tax collected at source on them under the goods and services tax (GST) regime. Read more.

India advises against sales of oil reserves at Adipec conference

India said it’s made a “concerted push” with OPEC+ on oil production, but advised major consumers against selling