If success has many fathers, thena crypto exchange in the eye of a money-laundering storm has become an orphan.
It seems that India's central bank is no fan of "buy now, pay later." But then, the regulators irritation with this newish fad in consumer finance is wholly understandable.
In the history of dangerous naivety, the decentralized finance mania of 2021 will hold its own against the 2007 boom in collateralized debt obligations.
The celestial algorithm that keeps the moon in its orbit around the earth clearly works a lot better than the one that governed Luna and Terra.
In trying to squeeze one last drop of output from an empty barrel of monetary elixir, India's central bank made the serious mistake of not only ignoring the country's inflation buildup, but pretending that it didn't exist.
After 45 years in business, the underwriter of homes for millions of Indians is moving in with its 28-year-old banker offspring.
In the end, Indian billionaire Mukesh Ambani settled the dispute over who gets to own the assets of beleaguered Future Retail Ltd. not in an arbitration tribunal in Singapore, or in a courtroom in New Delhi, but in a shopping aisle.
India has surprised the payments world by announcing that its central bank will issue a digital currency as early as the coming financial year, a crucial decision that most other major economies are refusing to make in a hurry.
India entered 11 trade agreements in the 10 years under previous Prime Minister Manmohan Singh. On Modi's watch, it hasn't signed even one
In its most recent quarter, however, Paytm ended up with a 27 rupees surplus on the same 100 rupees revenue
In hundreds of India's small cities and towns, a generation that has hardly had any experience with stocks and bonds is heading straight for Bitcoin, Ethereum, Cardano and Solana.
At the top of the indicated price range, the app will have a market value of almost $8 billion, or 45% more than Jubilant Foodworks.
BharatPe, a barely three-year-old payments startup, is going to be the half-owner of a bank in India - a prize that has eluded many of the country's pedigreed tycoons.
The toothpaste makers results this week offer a fresh look at a puzzle: the Indian stock markets apparent disregard for the country's worst humanitarian disaster in almost 75 years.