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CloudSEK Researchers Expose Social Media-Based Counterfeit Currency Network, Unmasks Perpetrators
CloudSEK, a cybersecurity firm, announced that it has unmasked a syndicate involved in printing and selling counterfeit Indian currency. As per the firm, the group was marketing the fake notes via social media platforms such as Facebook and Instagram, and even used authentic marketing channels such as Meta ads. As per the report shared by the compa...
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Turmoil In Indian Currency Market Amid Confusion Over RBI's New Rule
Rupee's exchange-traded options went into a tizzy on Wednesday after brokers asked clients to submit proof of underlying exposure on their derivative contracts or unwind their existing positions, three market participants said.
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Should India Delay CBDC Trials Amid the Ongoing Global Crypto Meltdown? Here's What Experts Think
Crypto industry experts, in conversation with Gadgets 360, have highlighted that CBDCs are different from crypto and hence, India did not have to delay its digital rupee trials amid the current market downturn. Once the CBDC is rolled out widely, it will not be affected by any crypto-related volatility and hence, experts have suggested Indians to u...
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Coinstore Cryptocurrency Exchange Enters India Despite Fear of Ban on Virtual Currencies
Coinstore crypto exchange headquartered in Singapore has entered the Indian market despite concerns that the government might ban the trade of most private cryptocurrencies in the country.
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Cryptocurrency Market Nosedives Amid Reports of Indian Government Ban
The Indian government is seeking to prohibit all private cryptocurrencies from operating in the country and only bring an official digital currency regulated by the Reserve Bank of India to operate in the country.
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Crypto Bill: India Seeks to Block Most Cryptocurrencies, Create Framework for Official Digital Currency
India is looking to bar most private cryptocurrencies when it introduces a new bill to regulate virtual currencies in the winter session of Parliament, the government said.
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Prime Minister Narendra Modi Urges Countries to Cooperate to Make Cryptocurrencies Safe
Prime Minister Narendra Modi urged cooperation between the world's democracies to ensure cryptocurrencies like Bitcoin do not "end up in the wrong hands," delivering the comments while his government drew up new rules for digital currencies.
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How Can I Use Bitcoin as Currency? All You Need to Know
Bitcoin, the world’s largest cryptocurrency by market capitalisation, is also one of the most well-recognised digital coins. It’s now being accepted by many businesses around the world including in India. If you are a Bitcoin investor, here’s how you can use it as currency.
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Indian-origin Man Convicted For Price Fixing In US Foreign Exchange Market
An Indian-origin former currency trader was convicted for his participation in an antitrust conspiracy to manipulate prices for emerging market currencies in the global foreign currency exchange market (FX), the Justice Department announced.
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Rupee At 1-Month High Of 63.78 Vs US Dollar
A massive unwinding of dollar long positions by exporters and corporates predominantly lifted the rupee sentiment
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Investors Rate Rupee First In Poll As Asia Currencies Edge Out Others
India's rupee and the Indonesian rupiah -- the region's two highest-yielding currencies -- took first and third place in the poll, in which 18 investors, traders and strategists were asked to gauge the resilience of currencies when it comes to a suite of risk factors looming in the second half.
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Indian Digital Payments Market to Reach $500 Billion by 2020: Google
The Google-BCG Digital Payments 2020 report projects that non-cash contribution in the consumer payments segment will double to 40 percent.
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A Weakening Rupee Means More Investment for Indian Students Abroad
The global meltdown of stock markets and the Sensex's biggest slump in years has cost investors a lot of wealth. But the domino effect on the volatility of rupee has also impacted the Indian students studying abroad.
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India's IT Services Exporters Whipped by Currency Headwinds
The dollar's biggest quarterly rise against other major currencies since 2008 has undermined sales of India's IT services firms in non-US markets, including Europe, in what was already a seasonally slow period.
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Prime Minister Manmohan Singh to leave for St. Petersburg G20 meet tomorrow
Prime Minister Manmohan Singh leaves on Wednesday for the 8th G20 Summit in St. Petersburg to join other leaders in finding ways to tackle the challenges facing the global economy, notably the currency market turmoil that has hit the Indian rupee hard.
-
CloudSEK Researchers Expose Social Media-Based Counterfeit Currency Network, Unmasks Perpetrators
CloudSEK, a cybersecurity firm, announced that it has unmasked a syndicate involved in printing and selling counterfeit Indian currency. As per the firm, the group was marketing the fake notes via social media platforms such as Facebook and Instagram, and even used authentic marketing channels such as Meta ads. As per the report shared by the compa...
-
Turmoil In Indian Currency Market Amid Confusion Over RBI's New Rule
Rupee's exchange-traded options went into a tizzy on Wednesday after brokers asked clients to submit proof of underlying exposure on their derivative contracts or unwind their existing positions, three market participants said.
-
Should India Delay CBDC Trials Amid the Ongoing Global Crypto Meltdown? Here's What Experts Think
Crypto industry experts, in conversation with Gadgets 360, have highlighted that CBDCs are different from crypto and hence, India did not have to delay its digital rupee trials amid the current market downturn. Once the CBDC is rolled out widely, it will not be affected by any crypto-related volatility and hence, experts have suggested Indians to u...
-
Coinstore Cryptocurrency Exchange Enters India Despite Fear of Ban on Virtual Currencies
Coinstore crypto exchange headquartered in Singapore has entered the Indian market despite concerns that the government might ban the trade of most private cryptocurrencies in the country.
-
Cryptocurrency Market Nosedives Amid Reports of Indian Government Ban
The Indian government is seeking to prohibit all private cryptocurrencies from operating in the country and only bring an official digital currency regulated by the Reserve Bank of India to operate in the country.
-
Crypto Bill: India Seeks to Block Most Cryptocurrencies, Create Framework for Official Digital Currency
India is looking to bar most private cryptocurrencies when it introduces a new bill to regulate virtual currencies in the winter session of Parliament, the government said.
-
Prime Minister Narendra Modi Urges Countries to Cooperate to Make Cryptocurrencies Safe
Prime Minister Narendra Modi urged cooperation between the world's democracies to ensure cryptocurrencies like Bitcoin do not "end up in the wrong hands," delivering the comments while his government drew up new rules for digital currencies.
-
How Can I Use Bitcoin as Currency? All You Need to Know
Bitcoin, the world’s largest cryptocurrency by market capitalisation, is also one of the most well-recognised digital coins. It’s now being accepted by many businesses around the world including in India. If you are a Bitcoin investor, here’s how you can use it as currency.
-
Indian-origin Man Convicted For Price Fixing In US Foreign Exchange Market
An Indian-origin former currency trader was convicted for his participation in an antitrust conspiracy to manipulate prices for emerging market currencies in the global foreign currency exchange market (FX), the Justice Department announced.
-
Rupee At 1-Month High Of 63.78 Vs US Dollar
A massive unwinding of dollar long positions by exporters and corporates predominantly lifted the rupee sentiment
-
Investors Rate Rupee First In Poll As Asia Currencies Edge Out Others
India's rupee and the Indonesian rupiah -- the region's two highest-yielding currencies -- took first and third place in the poll, in which 18 investors, traders and strategists were asked to gauge the resilience of currencies when it comes to a suite of risk factors looming in the second half.
-
Indian Digital Payments Market to Reach $500 Billion by 2020: Google
The Google-BCG Digital Payments 2020 report projects that non-cash contribution in the consumer payments segment will double to 40 percent.
-
A Weakening Rupee Means More Investment for Indian Students Abroad
The global meltdown of stock markets and the Sensex's biggest slump in years has cost investors a lot of wealth. But the domino effect on the volatility of rupee has also impacted the Indian students studying abroad.
-
India's IT Services Exporters Whipped by Currency Headwinds
The dollar's biggest quarterly rise against other major currencies since 2008 has undermined sales of India's IT services firms in non-US markets, including Europe, in what was already a seasonally slow period.
-
Prime Minister Manmohan Singh to leave for St. Petersburg G20 meet tomorrow
Prime Minister Manmohan Singh leaves on Wednesday for the 8th G20 Summit in St. Petersburg to join other leaders in finding ways to tackle the challenges facing the global economy, notably the currency market turmoil that has hit the Indian rupee hard.
