Edition:
International

Nupur Anand

Cryptocurrency exchange Coinstore enters India despite pending curbs on trade

Nov 28 2021

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.

India's Paytm Sept net loss widens, says maintains growth momentum

Nov 27 2021

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.

India central bank sidesteps proposal on corporate ownership of banks

Nov 26 2021

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.

Indian government's plan to ban cryptocurrencies leads to heavy selling - investors

Nov 24 2021

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

India's Paytm boss likens debut debacle to Tesla's early woes

Nov 22 2021

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.

India may create obstacles to crypto trading and holding -sources

Nov 18 2021

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.

EXCLUSIVE-India may create obstacles to crypto trading and holding -sources

Nov 18 2021

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.

Paytm sinks on debut as India's biggest IPO irks some investors

Nov 18 2021

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

Buy now, pay later set to surge over ten-fold in India

Nov 08 2021

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.

Bollywood stars, Indian celebrities launch NFTs amid global craze

Oct 25 2021

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.

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