A emblem of Standard Chartered is displayed on the monetary Central district in Hong Kong, China November 23, 2017. REUTERS/Bobby Yip (Reuters) – Standard Chartered Plc has laid off over 200 staff in India in its retail banking division, as extra clients transfer to digital providers, an individual accustomed to the matter informed Reuters on […]
In April, the Reserve Bank of India (RBI) issued a banking ban on cryptocurrency buying and selling and use. This ban prohibits banks from working with with exchanges or different crypto companies, and went into impact on July sixth. It is designed to close down crypto use in India by making fiat conversions inconceivable. Nevertheless, […]
News The authorities of India has formally rejected Venezuela’s state-backed cryptocurrency, the petro, regardless of an try and entice India with a 30% low cost. Dependent on the Latin American nation’s oil, a gentle, uninterrupted provide is vital to rising one of many world’s most populous nations. Venezuela is within the midst of dramatically dangerous […]
Regulation Indian authorities have been struggling to understand the crypto phenomenon for fairly a while now – years, to be extra exact. The incapability to completely perceive it and put it underneath management has resulted in a state of semi-denial: “it’s illegal”, officers repeat tirelessly, but in addition maintain making an attempt […]
Featured Some companies in India consider that they’ve discovered a loophole in the finance minister’s speech that sought to clamp down on the use of cryptocurrencies. While this loophole might permit startups to simply accept bitcoin with out breaking the regulation, specialists query its viability. Also learn: Japan’s DMM Bitcoin Exchange Opens for […]
In a price range speech earlier than the Indian parliament, finance minister Arun Jaitley expressed a hostile stance towards the use of cryptocurrency as authorized tender. Jaitley said that the federal government doesn’t contemplate crypto authorized tender, and would take motion to finish its use as a way of cost. Jaitley’s feedback come as Bitcoin […]
Three country-specific exchange-traded funds have been amongst Monday’s greatest performers. SOURCE: Focus on Funds – Read whole story here.
India’s inventory market fell zero.84%, logging its fourth consecutive day of declines. SOURCE: Focus on Funds – Read complete story here.
Financial and healthcare shares led India shares decrease for the third consecutive day. SOURCE: Focus on Funds – Read complete story here.
Bank India ; Positional Traders can use the under talked about ranges Close Above 163 Target 169 Intraday Traders can use the under talked about ranges Buy above 162 Tgt 164, 166 and 169 SL 160.5 Sell under 159 Tgt 157,154 and 151 SL 160.5 ; Jet Airways ; Positional Traders can use the under […]