by AIP Online Bureau | Feb 1, 2022 | Banking & Bancassurance, Indian News, Policy, Technology
The currency, called ‘digital rupee’, will be issued by the Reserve Bank in digital form and will be fungible with physical currency. The exact regulation governing this Central Bank Digital Currency (CBDC) is yet to be finalised New Delhi: Finance...
by AIP Online Bureau | Feb 1, 2022 | Eco/Invest/Demography, Indian News, Policy
”The equity markets were cheerful on announcement of huge outlay of capital expenditure in overall infrastructure development. This Union Budget will also lay the foundation for economic growth through public investments as India emerges from a pandemic induced...
by AIP Online Bureau | Feb 1, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology
Meeting demands from large sections of industry, she said the RBI will launch a ‘Digital Rupee’ based on blockchain technology in 2022-23 Experts said the 30 per cent tax levied on income arising from the sale of cryptocurrency is similar to the tax rate...
by AIP Online Bureau | Feb 1, 2022 | Facts, Health, Pandemic, Technology
The app uses a smartphone’s camera to measure a chemical reaction and determines a diagnosis in 25 minutes, at a fraction of the cost of current diagnostic methods “As new COVID variants emerge globally, testing and detection remain essential to pandemic control...
by AIP Online Bureau | Feb 1, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
International arbitration centre will also be set up in GIFT city to provide faster dispute resolution New Delhi: Finance Minister Nirmala Sitharaman on Tuesday proposed to issue sovereign green bonds to mobilise resources as part of the government’s borrowing...
