BUSINESS

Cryptocurrency: Why is the government worried?

Image Source : FREEPIK (REPRESENTATIONAL PIC) Cryptocurrency: Why is the government worried? Highlights Govt will soon bring in a new Bill on cryptocurrency that will prohibit all private cryptocurrencies Govt plans to create a framework for the creation of official digital currency to be issued by RBI PM Modi earlier called on democratic nations to […]

BUSINESS

Do banks apply differential treatments while giving loans to sensitive customers? Here’s what Sitharaman said

Image Source : PTI Finance Minister Nirmala Sitharaman informed Parliament that the Centre has issued no specific directions to banks asking them not to give loans to “sensitive customers” like police personnel Highlights ‘No official stated policy directing banks not to give loans to certain categories of customers’ ‘Banks make assessments based on KYC and […]

BUSINESS

No decision yet on banning cryptocurrencies advertisements, Nirmala Sitharaman tells Rajya Sabha

Image Source : PTI Union Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Winter Session Highlights Sitharaman earlier said that govt has no proposal to recognise Bitcoin as currency The Centre has plans to introduce Cryptocurrency Bill 2021 in ongoing Winter Session India has the highest number of cryptocurrency holders in the […]

BUSINESS

Cryptocurrency Bill: Bitcoin will not be accepted as currency in India, says FM Nirmala Sitharaman

Image Source : PTI/PIXABAY Cryptocurrency Bill: Bitcoin will not be accepted as currency in India, says FM Nirmala Sitharaman In a reply to the Lok Sabha. Union Finance Minister Nirmala Sitharaman on Monday said the government has no proposal to recognise Bitcoin as legal tender or currency in the country. Finance Minister also informed the […]

BUSINESS

Star Health Insurance IPO: Price, GMP, allotment date; all about Rakesh Jhunjhunwala-backed Star Health’s IPO

Image Source : INDIA TV Star Health Insurance IPO: Price, GMP, allotment date; all about Rakesh Jhunjhunwala-backed Star Health’s IPO Highlights Rakesh Jhunjhunwala-backed Star Health and Allied Insurance Company to open on Nov 30 Investors can bid for minimum of 16 equity shares and in multiples of 16 shares thereafter The public offer includes a […]