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FM ON CRYPTOS
Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- Great Expectations: What the Indian crypto industry is hoping for in Budget 2023The current tax architecture should be changed to allow for set-off and carry forward of losses in VDAs similar to equity shares/derivative...
- Sitharaman's call for G-20 nation to regulate cryptos gets a thumbs up from domain playersSitharaman said India hasn't set crypto-specific legislation yet because "We need to have all the members of the G-20 first of all to come ...
- Can't ban crypto without international collaboration: Nirmala SitharamanThe questions were about the Reserve Bank of India's cautious stance on crypto assets, concerns over adverse effects of crypto on the India...
- CBDC coming this year; revenue possibility in VDAs: FMOn the regulation of the private cryptos and other virtual digital assets (VDAs), Sitharaman said that consultations are on and invited the...
- Ten points that summarise FM Nirmala Sitharaman's reply to Budget discussion in Rajya SabhaIn her reply on Budget in Rajya Sabha, the FM provided a snapshot of the economy and addressed issues raised including that on healthcare s...
- What to know about the mysterious world of cryptocurrenciesIn her Union Budget 2022 speech, FM Nirmala Sitharaman said crypto transactions will be taxed at 30%. The Budget proposed that no deduction...
- Top cryptocurrency prices today: Bitcoin, Terra gain up to 5%; Dogecoin slipsAll the top-10 digital tokens were trading with decent gains. Terra gained more than 5 per cent and Bitcoin over 1 per cent. Dogecoin, howe...
- What to know about the mysterious world of cryptocurrenciesCryptocurrencies, which ballooned during the pandemic, have lost over $1 trillion in market cap in a couple of months.
- Crypto community up in arms against 30 per cent taxThe change.org petition was started by Aditya Singh, Co-founder of CryptooIndia, and then amplified by popular social media influencers lik...
- Crypto bill unlikely this Budget session, hints Finance MinisterCrypto bill has not been included for the Budget session 2022. That said, Lok Sabha on Wednesday organised a lecture on understanding crypt...
- Explained: New tax rules on cryptocurrency investmentsGifting of crypto tokens and virtual assets would be taxed at the hands of the recipient at the same rate.
- Crypto’s bittersweet breakthrough, and other Budget 2022 highlightsWhile some in the crypto industry believe official recognition will bring in millions of users, including institutional investors who have ...
- Budget 2022: Govt to tax cryptocurrencies at flat rate of 30%A clarity on taxation of cryptocurrencies was a long pending demand of players involved in the crypto industry
- After Eco Survey, will FM's Budget also remain silent on cryptos?Though the industry does not expect the crypto bill to be put on the table in the budget session, experts are hopeful that some cat will be...
- Will crypto gain ‘currency’ as asset class since payment option is out?Crypto is still in a legal grey zone but it has become a household phenomenon amid the pandemic as the prospect of multi-bagger returns att...
- Firms keep faith with crypto payments; SoftBank shares tank 8.2%India’s cryptocurrency bill will almost certainly ban digital assets from being used as currencies but may allow them to be held as assets,...
- Lens on misleading ads promoting cryptos: FM Nirmala SitharamanThe government will introduce a bill on cryptocurrency in parliament soon after it's approved by the cabinet, she said.
- Bitcoin hits 2-month low in India on Jaitley’s Budget commentsFM said that the government will explore use of blockchain technology proactively.
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