Bitcoin climbs to 10-month high of $30,000 as rate hike worries ease- QHN
Bitcoin, the largest cryptocurrency by market cap, hit $30,000 on Tuesday for the first time since June 2022. In 2023 […]
Cost cutting measures around the world help Top Indian IT firms gain ground- QHN
India’s top IT services companies are gaining ground by grabbing large and mega deals in specific sectors like banking, financial […]
Crypto industry wants 0.1% TDS, Sebi-like regulator in Budget 2023- QHN
Apart from reducing the tax deducted at source (TDS) rate on crypto’s transfer from the current 1 per cent to […]
International regulation needed for crypto activities, says Reserve Bank- QHN
Noting that there is turmoil in crypto assets market, the Reserve Bank of India (RBI) has suggested a framework for […]
‘Important to arrive at a common international approach to crypto’: RBI- QHN
The Crypto market remains volatile, and cryptocurrencies form “an unstable ecosystem”, the Reserve Bank of India (RBI) said in its […]
Banks’ net NPA ratio at 10-yr low, GNPAs continue downward journey: RBI- QHN
The rise in profitability that aided banks to improve their provisions has resulted in net non-performing assets (NPAs) to net […]
Indian Economy: India’s current account deficit in July-Sept rises sharply to 4.4% of GDP- QHN
India’s current account balance posted a deficit of $36.4 billion in the second quarter ended September 2022 (Q2 FY23), forming […]
RBI’s forex reserves rise for fifth straight week to $564.07 billion- QHN
The Reserve Bank of India’s (RBI’s) foreign exchange reserves rose by $2.9 billion to $564.07 billion in the week ended […]
Saw many threats from crypto; CBDC was the way forward: RBI DG Sankar- QHN
After observing an environment in which the evolution of private currencies posed a threat to investors, systems, and the economy, […]
e-Rupee: India’s digital currency fails to excite interest, say bankers- QHN
A month into India’s pilot project for using an official digital rupee for inter-bank and institutional transactions, stakeholders are seeing […]