Nupur Anand
Nupur Anand
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India to propose cryptocurrency ban, penalising miners, traders - source

India to propose cryptocurrency ban, penalising miners, traders - source

By , NEW DELHI/MUMBAI (Reuters) - India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow to millions of investors piling into the red-hot asset class.The bill, one of the world’s strictest policies against cryptocurrencies, would criminalise possession, issuance, mining, trading and transferring crypto-assets, said the official, who has direct knowledge of the plan.The measure is in line with a January government agenda that called for banning private virtual...

March 14, 2021
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India to propose cryptocurrency ban, penalising miners, traders - source

India to propose cryptocurrency ban, penalising miners, traders - source

By , NEW DELHI/MUMBAI (Reuters) - India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow to millions of investors piling into the red-hot asset class.The bill, one of the world’s strictest policies against cryptocurrencies, would criminalise possession, issuance, mining, trading and transferring crypto-assets, said the official, who has direct knowledge of the plan.The measure is in line with a January government agenda that called for banning private virtual...

March 14, 2021
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India to propose cryptocurrency ban, penalising miners, traders - source

India to propose cryptocurrency ban, penalising miners, traders - source

By , NEW DELHI/MUMBAI (Reuters) - India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow to millions of investors piling into the red-hot asset class.The bill, one of the world’s strictest policies against cryptocurrencies, would criminalise possession, issuance, mining, trading and transferring crypto-assets, said the official, who has direct knowledge of the plan.The measure is in line with a January government agenda that called for banning private virtual...

March 14, 2021
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India farmers intensify protests as deadlock over new laws continue

India farmers intensify protests as deadlock over new laws continue

By , MUMBAI/NEW DELHI (Reuters) -Tens of thousands of Indian farmers on Sunday intensified their protests against three new agricultural laws aimed at overhauling food grain procurement and pricing rules by allowing private companies direct access to the vast agrarian sector.Angry farmers staged demonstrations near New Delhi after rejecting Prime Minister Narendra Modi’s assurances that the laws would double farmers’ income.Six rounds of talks between government officials and farmer union leaders have failed to resolve the challenge faced by Modi’s government.“Hundreds of farmers will...

December 13, 2020
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Amid tensions with China, India warns Amazon, Flipkart over country of origin rule

Amid tensions with China, India warns Amazon, Flipkart over country of origin rule

By MUMBAI (Reuters) - The Indian government has warned Amazon.com’s local unit and Walmart’s Flipkart that sellers on their platforms are not complying with a rule requiring that a product’s country of origin be specified.A push for strict enforcement of the rule has come amid tensions between India and China following a border skirmish which began in June, and is part of India’s efforts to cut down on Chinese-made imports.The two e-commerce firms have been given 15 days to explain the lapses or action will be taken against them, according to an Oct. 16 letter addressed to the companies...

October 17, 2020
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