All posts tagged "Nirmala Sitharaman"
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255IndiaIndia Launches First International Bullion Exchange
The exchange is expected to facilitate efficient price discovery; ensure standardisation, quality assurance and sourcing integrity; and help bring more foreign traders to India.
August 1, 2022 -
800Fintech / RegtechIndia’s GIFT City to Introduce Fintech Regulatory Sandbox
The dedicated regulatory sandbox is part of government efforts to establish GIFT City as 'world class' fintech hub.
May 4, 2022 -
417AML / KYCIndia: CERT-In Includes Crypto Firms in New Directions
The directions require crypto exchanges, custodians and wallet providers in India to retain KYC information for five years and report cyber incidents to CERT-In.
May 3, 2022 -
569Asia-PacificSri Lanka Must Provide ‘Adequate Assurances’ for IMF Assistance
The UNDP says Sri Lanka should introduce a temporary basic income and negotiate “debt-for-nature” swaps. The stock market has been closed all week.
April 22, 2022 -
544Crypto / Digital AssetsIndia Passes Legislation to Implement 30pc Crypto Tax
Traders will not be able to offset losses against profits. A 1 percent tax will also be deducted at source for trading over INR 50,000 in a year.
April 1, 2022 -
423India
India Suspends Plan to Allow Direct Overseas Listings
Domestic companies can only list overseas after first listing in India. Rule changes that would have allowed direct overseas listings have reportedly been suspended.
March 25, 2022 -
756Crypto / Digital AssetsIndia to Introduce Digital Rupee in Coming Fiscal Year
Finance minister Nirmala Sitharaman said the RBI will introduce a CBDC in the coming fiscal year and crypto profits will be taxed at 30 percent.
February 3, 2022 -
358Fintech / Regtech
India: GIFT City Regulator Wins Approval to Set Up Suptech Fund
The IFSCA also received approval for a new headquarters building. GIFT City's new gold bullion exchange is expected to launch in January.
November 25, 2021 -
353Crypto / Digital AssetsIndia No Longer Likely to Ban Cryptocurrencies – Report
Finance ministry officials have reportedly said that a law for cryptocurrencies could as soon as February 2022, around the time of India's next general Budget.
October 29, 2021 -
343AML / KYCIndia, US Pledge to Take Stronger Action Against Financial Crime
Indian finance minister Nirmala Sitharaman and US treasury secretary Janet Yellen also pledged to further engage on climate change.
October 20, 2021
