Stars, Stripes and Stocks: Growing Indian disposition towards U.S stock market and cross-border payment solutions

By Raj K The US stock market attracts a number of Indian investors, but unprepared foreign transactions could be dangerous. Before investing in the US stock market, you must understand the pros and cons of investing abroad. Many individuals from India find it scary to invest in US markets. However, the market is big and … Read more

How NBFCs are wooing students heading abroad

MUMBAI : Non-banking financial companies (NBFC) are arranging forex and credit cards, laptops, electric vehicles, mobile phones and overseas accommodation for student borrowers, aiming to become one-stop financial shops. The companies are tying up with phone and automakers to attract more students, at a time many are upgrading skills through courses or heading abroad for … Read more

RBI hits hard on Bitcoin, DeFi, crypto trading platforms

Banks face Rs.10K fine if their ATMs fail to dispense cash for more than 10 hrs The Reserve Bank of India (RBI) has slammed unbacked crypto assets (such as Bitcoin), stablecoins and decentralised finance (DeFi) and crypto asset trading platforms, underscoring the need for regulatory guardrails to ensure financial stability and consumer and investor protection. … Read more

RBI guv calls crypto a ‘clear danger’; Lenskart acquires Japan’s Owndays in $400M deal

It’s no secret that the RBI despises crypto. However, the central bank saved its harshest comments yet on the digital asset class for its 25th Financial Stability Report, which it released earlier today. In it, RBI governor Shaktikanta Das said cryptocurrencies present a “clear danger” to financial systems and stability, and even mentioned the collapse … Read more

Crypto success – The Hindu BusinessLine

The Centre’s move to tackle speculation in the highly volatile and risky cryptocurrencies through the imposition of punitive taxes came in for much criticism from investors but it has actually helped protect them. The global sell-off in risky assets caused by central bank tightening has resulted in a sharp decline in the prices of cryptocurrencies … Read more

Young Investors Worried Over Future Plans After Crypto Crash | Kolkata News

Kolkata: Sayan Dasgupta, pursuing his Masters from a private university in Kolkata, invested Rs 1 lakh in Bitcoin in November last year as its value was soaring. He thought his money would be doubled in a short period of time. However, the value of Bitcoin has dipped more than 58%, which means his original investment … Read more

[Explained] Here is how to financially prepare for higher EMIs post rate hike

Loans have become dearer. Two consecutive rate hikes by the Reserve Bank of India (RBI) have resulted in banks increasing their lending rates. For floating-rate loan borrowers, a rise in key rates means shelling out more equated monthly instalments (EMIs) for your home loan, car loan and other borrowed sum – existing or new. Moreover, … Read more

nikhil kamath: Crypto tax, RBI ban have worked out in the favour of investors in India: Nikhil Kamath

“I am not able to comprehend how much are the prospects of future earnings in DeFi and decentralisation. I believe that the $3-trillion overall market cap is not justified. That being said, tomorrow if the world changes and it becomes increasingly relevant for something to be decentralised, maybe there is a use case for it,” … Read more

Explained | What are SEBI’s concerns around crypto assets? 

Why has the market watchdog said it is difficult to regulate such currencies? What is the status of the bill?  Why has the market watchdog said it is difficult to regulate such currencies? What is the status of the bill?  The story so far: The Securities and Exchange Board of India (SEBI), the watchdog which … Read more

TMS Ep189: Laptop production, Apple Inc, LIC stocks, RBI & inflation

India had launched the Production-Linked Scheme to give fillip to manufacturing in the country. A year on, we assessed its progress in laptop manufacturing and found that just four of 14 companies declared eligible under the scheme were able to achieve their production target. And imports of laptops and tablets have shot up … Read more