The billionaire shared some screen grabs which claimed that he has made tons of money using a cryptocurrency investment platform
People are already paying capital gains on income from cryptocurrencies, and the GST law provides for taxing such transactions as 'services', Revenue Secretary Tarun Bajaj told PTI
Singhal, whose company became a unicorn last month, is determined to reach out to sceptics who have FUD - crypto slag for fear, uncertainty and doubt, writes Ritwik Sharma
Some analysts say a sharp pullback is normal after prices skyrocketed 40% in October
Business Standard brings you the top stories on Friday
There have been a rising number of ads, featuring even film stars, promising easy and high returns on investments in cryptocurrencies in recent times
Modi also said the democracies must invest together in the research and development of future technology
MUMBAI/NEW DELHI (Reuters) - India plans to tighten regulation of cryptocurrencies to deter investors from holding them though the government is unlikely to follow through with an earlier plan to ban private digital coins, according to two sources familiar with the discussions.
Senior Congress leader Siddaramaiah hit back at the ruling party accusing it of trying to hide its "corruption" and attempting to get personal to pursue "dirty agenda" in politics.
Defy, founded by entrepreneurs Bhagaban Behera, Sriharsha Setty and Nakul Kelkar, has received Seed funding worth $5.5 million
The purchase shook the art and crypto worlds
Bitcoin last traded around $59,000, down 1% on the day, and off about 12% from the record high of $69,000 set on Nov. 10, while ether was at $4,163, more than 14% lower than its peak $4,868
India is likely to bar the use of cryptocurrencies for transactions or making payments, but allow them to be held as assets like gold, shares or bonds
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.
Crypto exchanges proposed to be classified into 3 categories; may have to register under GST
There are over 7,000 recognised cryptocurrencies in existence as of November 2021
Bitcoin went through a major upgrade on Sunday that enables its blockchain to execute more complex transactions
The real foundational businesses still take 10 years to build. You can't fast forward it beyond a point, says VC fund's India head
The winter session of Parliament starting on November 29 is expected to take up the draft bill on regulating cryptocurrency
Considering cryptos' growing popularity among millennials and the sector's employment potential, can India realistically completely ban - or even partially ban - the technology? Let's understand