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From scrapping retro tax law to record GST mop-up: 2021 for revenue dept

A record GST tax collection, an overhaul of the income tax return filing portal and the landmark move to scrap retrospective taxation have set the stage for the next level of reforms in tax admin

TMS Ep70: Zee-Sony merger, market correction, crypto, securitisation

After mega deal, how will Zee-Sony merger unfold? Did market correction make new-age stocks value buys? How's the road ahead for cryptocurrencies in India? What is Securitisation? All answers here

What does the road ahead for cryptocurrencies look like in India?

India emerged as the fastest-growing crypto market in the world this year. A Bill to regulate it remained a work in progress. So, what's puzzling the government? And how was the year 2021 for cryptos?

Crypto attracts more money in 2021 than all previous years combined

That's almost quadruple the previous high of around $8 billion in 2018

Top Headlines: RBI flags crypto risks; India could witness Omicron surge

The RBI talked about instability cryptocurrencies could cause, while NITI Aayog member VK Paul warned of Europe-like Omicron cases surge in India

Reserve Bank of India red-flags cryptocurrency risks in board meet

Officials say introduction of CBDCs will obviate need for private cryptos

RBI cautions banks' chiefs on risk involved in cryptocurrency trade

The central bank, on the other hand, has been vocal against crypto currencies

RBI Board discusses private cryptocurrencies, CBDC

The RBI, in a statement, said the 592nd meeting of the Central Board of Directors of Reserve Bank of India was held at Lucknow under the Chairmanship of Governor Shaktikanta Das

Will explore crypto-based smallcase post regulatory clarity: Vasanth Kamath

Our view on crypto assets (crypto coins as an asset class) is that there is a fast-growing use-case for every investor to have some exposure in their portfolios

Top headlines: US Fed signals rate hikes, IMF speaks on crypto ban idea

Cryptocurrencies were proving to be a challenge for emerging markets and strong regulation was needed, IMF's Gita Gopinath said. More in today's top headlines

Govt unlikely to bring bill on cryptocurrency in winter session

Currently, there is no regulation or any ban on the use of cryptocurrencies in the country

Explained: The security flaw that's freaked out the internet

Security pros say it's one of the worst computer vulnerabilities they've ever seen.

Union Cabinet likely to discuss Cryptocurrency Regulation Bill today

The Union Cabinet is likely to discuss "The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021" at today's meeting. The meeting is scheduled to take place at 1 pm, sources said.

Top headlines: Cryptos 'may figure' on RBI agenda, US Covid deaths top 800k

The US death toll from Covid-19 topped 800,000 on Tuesday, as more than 200,000 of those lives were lost after the vaccine became available. More on top headlines for this morning

Cryptos 'may figure' on RBI central board meet agenda on December 17

It is not unusual for the RBI board to deliberate on matters not listed on the agenda

Musk says Tesla will accept Dogecoin for merchandise, crypto jumps 24%

Tesla sells merchandise such as apparel, belt buckle, mini models of its vehicles, quad bike 'Cyberquad' for kids and 'Cyberwhistle' modeled after its much-awaited Cybertruck

Clarify stand on cryptocurrency, PM's Twitter hack: Adhir Ranjan Chowdhury

Raising the issue during Zero Hour in Lok Sabha, Chowdhury said if the prime minister's Twitter handle was not safe, how can the Twitter accounts of a common person be secure.

Binance affiliate says will withdraw Singapore licence application

Binance's Singapore unit was one of well over 100 cryptocurrency companies to apply for a license to operate in Singapore and had been allowed do business while its license request was being processed

Capital preservation now more important than doubling the money: Marc Faber

The Indian economy can outperform the rest of the world economy, says Faber

Bitcoin posts fourth consecutive weekly drop from all-time high

Bitcoin is down about 30% since reaching a record of almost $69,000 on Nov. 10.