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Binance Australia Must Conduct Audit Over Anti-Money Laundering Concerns, AUSTRAC Says
Australia’s financial crimes regulator, AUSTRAC, has directed Binance Australia to appoint an external auditor within 28 days after raising concerns about its anti-money laundering and counter-terrorism financing controls. The regulator cited gaps in governance, limited independent review scope, and high staff turnover. AUSTRAC said global crypto...
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23% Of Total 56.04 Crore PM Jan Dhan Accounts Remain Inactive
As many as 23 per cent of the total 56.04 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are inoperative, Minister of State for Finance Pankaj Chaudhary said on Monday.
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RBI Panel Proposes Fund To Build Homegrown AI Framework For Finance Sector
A Reserve Bank of India committee has recommended a framework for developing AI capabilities for the country's financial sector, while safeguarding it against associated risks, according to a report released on Wednesday.
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US Tariffs Move Big Opportunity For India's Supply Chain: Industry Leaders
The United States' decision to impose a 25 per cent tariff on India should be seen not just as a challenge, but also as a major opportunity for the country, industry leaders said on Thursday.
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Crypto Whales Drive $4 Trillion Market Revival After Trump Signs Stablecoin Bill
Coinbase’s app surged to fifth place in Apple’s Finance category, up from 25th a month earlier, according to data tracker Sensor Tower. Google searches for “Bitcoin” are climbing after US President Donald Trump signed the first major US stablecoin framework into law.
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Cabinet Approves Rs 1 Lakh Crore Scheme To Spur Private Investments In Research
The Union Cabinet on Tuesday approved the Research Development and Innovation Scheme with a corpus of Rs one lakh crore to spur private sector investment in research.
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India "Would Love A Big, Good, Beautiful" Trade Pact With US: Nirmala Sitharaman
With the July 9 deadline approaching to avert US retaliatory tariffs, the Indian government wants to move swiftly on trade negotiations.
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Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
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Banking Sector Must Continue To Innovate, Lead Amid Changing Landscape: N Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said the banking sector must continue to innovate and lead amid the changing global landscape
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Vietnam to Pilot Digital Assets Exchange Project in March
Vietnam’s finance ministry is working to pilot a trading platform for digital assets by the end of March. The development comes just days after Vietnam’s Prime Minister Phạm Minh Chính set a national growth target of eight percent or more by the end of 2025.
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UAE Government Partners Shiba Inu to Bring Web3 Technology to Public Sector Services
Shiba Inu announced the development on February 4, saying that its decentralised ShibOS operating system can help the UAE government with solutions around sustainable energy, green infrastructure solutions, decentralised finance, smart governance, and AI automation.
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How To Get Private Sector To Invest In Capex? Nirmala Sitharaman Answers
The centre is creating an ecosystem for domestic and foreign investment, underscored Finance Minister Nirmala Sitharaman, urging the private sector to reciprocate.
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Government To Open Nuclear Power Sector For Private Participation
Ushering in reforms, Union Finance Minister Nirmala Sitharaman on Saturday proposed to open up the nuclear power sector for private players and announced a Rs 20,000 crore Nuclear Energy Mission for research in the field.
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Budget 2025: FDI Limit For Insurance Sector Raised To 100%
Finance Minister Nirmala Sitharaman, in her Budget speech today, announced raising FDI limits for insurance for insurance sector from 74 per cent to 100 per cent, though with certain restrictions.
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Union Budget 2025: Government To Boost Footwear, Leather, And Toy Manufacturing Sectors
In the Union Budget for 2025-26, Finance Minister Nirmala Sitharaman revealed plans to launch a focused scheme for the footwear and leather sectors, as well as initiatives to establish India as a global toy manufacturing hub.
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Binance Australia Must Conduct Audit Over Anti-Money Laundering Concerns, AUSTRAC Says
Australia’s financial crimes regulator, AUSTRAC, has directed Binance Australia to appoint an external auditor within 28 days after raising concerns about its anti-money laundering and counter-terrorism financing controls. The regulator cited gaps in governance, limited independent review scope, and high staff turnover. AUSTRAC said global crypto...
-
23% Of Total 56.04 Crore PM Jan Dhan Accounts Remain Inactive
As many as 23 per cent of the total 56.04 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are inoperative, Minister of State for Finance Pankaj Chaudhary said on Monday.
-
RBI Panel Proposes Fund To Build Homegrown AI Framework For Finance Sector
A Reserve Bank of India committee has recommended a framework for developing AI capabilities for the country's financial sector, while safeguarding it against associated risks, according to a report released on Wednesday.
-
US Tariffs Move Big Opportunity For India's Supply Chain: Industry Leaders
The United States' decision to impose a 25 per cent tariff on India should be seen not just as a challenge, but also as a major opportunity for the country, industry leaders said on Thursday.
-
Crypto Whales Drive $4 Trillion Market Revival After Trump Signs Stablecoin Bill
Coinbase’s app surged to fifth place in Apple’s Finance category, up from 25th a month earlier, according to data tracker Sensor Tower. Google searches for “Bitcoin” are climbing after US President Donald Trump signed the first major US stablecoin framework into law.
-
Cabinet Approves Rs 1 Lakh Crore Scheme To Spur Private Investments In Research
The Union Cabinet on Tuesday approved the Research Development and Innovation Scheme with a corpus of Rs one lakh crore to spur private sector investment in research.
-
India "Would Love A Big, Good, Beautiful" Trade Pact With US: Nirmala Sitharaman
With the July 9 deadline approaching to avert US retaliatory tariffs, the Indian government wants to move swiftly on trade negotiations.
-
Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
-
Banking Sector Must Continue To Innovate, Lead Amid Changing Landscape: N Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said the banking sector must continue to innovate and lead amid the changing global landscape
-
Vietnam to Pilot Digital Assets Exchange Project in March
Vietnam’s finance ministry is working to pilot a trading platform for digital assets by the end of March. The development comes just days after Vietnam’s Prime Minister Phạm Minh Chính set a national growth target of eight percent or more by the end of 2025.
-
UAE Government Partners Shiba Inu to Bring Web3 Technology to Public Sector Services
Shiba Inu announced the development on February 4, saying that its decentralised ShibOS operating system can help the UAE government with solutions around sustainable energy, green infrastructure solutions, decentralised finance, smart governance, and AI automation.
-
How To Get Private Sector To Invest In Capex? Nirmala Sitharaman Answers
The centre is creating an ecosystem for domestic and foreign investment, underscored Finance Minister Nirmala Sitharaman, urging the private sector to reciprocate.
-
Government To Open Nuclear Power Sector For Private Participation
Ushering in reforms, Union Finance Minister Nirmala Sitharaman on Saturday proposed to open up the nuclear power sector for private players and announced a Rs 20,000 crore Nuclear Energy Mission for research in the field.
-
Budget 2025: FDI Limit For Insurance Sector Raised To 100%
Finance Minister Nirmala Sitharaman, in her Budget speech today, announced raising FDI limits for insurance for insurance sector from 74 per cent to 100 per cent, though with certain restrictions.
-
Union Budget 2025: Government To Boost Footwear, Leather, And Toy Manufacturing Sectors
In the Union Budget for 2025-26, Finance Minister Nirmala Sitharaman revealed plans to launch a focused scheme for the footwear and leather sectors, as well as initiatives to establish India as a global toy manufacturing hub.
