In a move to enhance tax compliance on digital assets held by its citizens abroad, India will adopt the OECD’s Crypto-Asset Reporting Framework (CARF) starting April 2027. This […]
The Ripple Effect: How US Tariffs are Undermining India’s Economy
India’s Rupee is facing a critical challenge, plunging to record lows against the U.S. Dollar as steep US tariffs take their toll on the nation’s economy. These tariffs, […]
Modi’s Close Meeting With Putin Amidst US Sanctions and SCO Summit
Narendra Modi met with Russian President Vladimir Putin during the SCO summit in Tianjin on Monday. Their private meeting took place after a photo opportunity where they were […]
Crypto Exchanges Under Fire: Misuse of Client Assets Raises Concerns in India
A recent investigation by The Times of India has exposed concerns about Indian crypto exchanges, with the Income Tax Department flagging potential misuse of client assets. Sources reveal […]
Will India Launch an INR-backed Stablecoin?
There is growing anticipation in India’s crypto community about the potential launch of an INR-pegged stablecoin. Polygon CEO Sandeep Nailwal expressed strong confidence in this upcoming development, predicting […]
Indian Cryptocurrency Exchanges Under Investigation for Misusing Client Funds
India’s Income Tax Department is investigating a growing number of alleged instances of misuse of client funds by Indian cryptocurrency exchanges. The department has discovered that these platforms […]
Modi and Xi Resume Direct Flights, Aiming to Bolster Ties Amidst SCO Summit
In a significant diplomatic move during the Shanghai Cooperation Organization (SCO) summit in Tianjin, Indian Prime Minister Narendra Modi met with Chinese President Xi Jinping. This marked their […]
Bitcoin Kidnapping Case: 11 Officers Sentenced to Life Imprisonment
A high-profile kidnapping case involving businessman Shailesh Bhatt has resulted in the sentencing of 11 law enforcement officers to life imprisonment. Bhatt was abducted at a gas station […]
Understanding the RBI’s Short USD/INR Forward Book: A Key to Currency Stability in India
The Reserve Bank of India (RBI) manages its currency through various strategies, with a focus on stability. One crucial tool is the short USD/INR forward book, which impacts […]
14 Arrested for Life in India’s High-Profile Crypto Kidnap Case
In a shocking case that has shaken India’s justice system and crypto community, fourteen individuals, including eleven police officers, have been sentenced to life imprisonment for orchestrating a […]
14 Sentenced to Life for Bitcoin Extortion in India
In a high-profile case, 14 individuals, including multiple serving police officers and a former legislator, have been sentenced to life imprisonment for a 2018 bitcoin extortion scheme. The […]
Life Sentences Issued for Role in Major Bitcoin Extortion Case
A Gujarat court has sentenced 14 individuals to life imprisonment for their roles in a significant Bitcoin ransom case from 2018, marking a decisive moment in one of […]
14 Convicted of Bitcoin Kidnapping, Face Life Sentences in India
A landmark Indian court has sentenced 14 individuals to life imprisonment for their involvement in a sophisticated Bitcoin kidnapping scheme that targeted businessman Shailesh Bhatt. The perpetrators, including […]
14 Sentenced to Life for Bitcoin Extortion, Including Former Politician
An Ahmedabad court has handed down life sentences to 14 individuals involved in a 2018 Bitcoin extortion case, including a former BJP MLA and an ex-IPS officer. The […]
Indian Court Hands Down Lifetime Sentence in Bitcoin Extortion Case
An Indian court has issued a landmark sentence of life imprisonment to 14 individuals accused of orchestrating a large-scale Bitcoin extortion scheme. This high-profile case underscores the ongoing […]