MUMBAI Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryptocurrencies.
NEW DELHI (Reuters) -India's One 97 Communications Ltd, the parent of fintech firm Paytm, said on Saturday its net loss for the three months through September widened by 8.4% as expenses rose.
MUMBAI (Reuters) -India's central bank said on Friday it would reform rules on the structure of private sector banks but a source familiar with the matter said the changes would not include allowing industrial groups to own lenders.
MUMBAI Plans by the Indian government for a new bill that would bar most private cryptocurrencies has triggered heavy selling in the country's digital currency markets, as investors look to exit positions despite the losses, said traders and investors. | Video
BENGALURU (Reuters) -Paytm founder Vijay Shekhar Sharma urged employees to ignore the Indian payments firm's dismal market debut which he likened to challenges faced by automaker Tesla following its public listing over a decade ago, two sources told Reuters.
MUMBAI/NEW DELHI (Reuters) -India plans to tighten regulation of cryptocurrencies to deter investors from holding them though the government is unlikely to follow through with an earlier plan to ban private digital coins, according to two sources familiar with the discussions.
MUMBAI/NEW DELHI, Nov 18 India plans to tighten
regulation of cryptocurrencies to deter investors from holding
them though the government is unlikely to follow through with an
earlier plan to ban private digital coins, according to two
sources familiar with the discussions.
MUMBAI (Reuters) -Digital payments start-up Paytm made one of the worst major Indian stock market debuts on Thursday as its shares fell more than 27% after India's largest-ever IPO. | Video
MUMBAI India's buy-now-pay-later (BNPL) industry is booming and set to surge over ten-fold within four years as tens of millions of online shoppers get lured by interest-free credit with fewer hassles, market players told Reuters.
MUMBAI (Reuters) -Indian celebrities from the world of Bollywood and cricket are increasingly launching digital memorabilia through non-fungible tokens (NFT), hoping to rake in thousands of dollars by cashing in on growing interest in such assets.