November 19 page 8

November 19 page 8

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THE DAILY EPISODE

“The world’s stage,
On your page.”

Adviser lists worst-case options with Cryptocurrency Bill in the horizon
THE Daily Episode Network

Amid the ongoing debate to regulate cryptocurrency in India, a shadow of fear and uncertainty looms large over India’s crypto ecosystem, as the government has indicated it is likely to table the Cryptocurrency Bill in the Winter Session. Over $10 billion worth of crypto dollars has been invested by 10 crore crypto investors, according to BrokerChooser, a broker discovery, and comparison service. Recently, the prices of a number of cryptocurrencies, particularly Bitcoin, have soared. A bitcoin is currently valued at Rs 44.92 lakh. Nevertheless, it is crucial to note that India does not currently have a regulatory scheme for cryptocurrencies. Nevertheless, there is nothing that prohibits dealing in cryptocurrencies.

Banks' NPAs kept rising in past due to lack of transparency: PM Modi

THE Daily Episode Network

Earlier this week, Prime Minister Narendra Modi said that in a nation's development journey, there is a time when it must take a new step and the whole nation must join together to fulfill those goals. “India is ready to leap, base strong,” the PM said at the concluding session of a symposium to ‘Build Synergy for Seamless Credit Flow and Economic Growth’.

PM Modi at Sydney Dialogue: India is building the world's most extensive public information infrastructure

THE Daily Episode Network

Prime Minister Narendra Modi said India's digital revolution is rooted in democracy, demography, and the scale of the economy during his keynote address at The Sydney Dialogue. According to PM Modi, India is building the world's largest public information infrastructure. "Over 1.3 billion Indians have a unique digital identity. We are on our way to connecting 600,000 villages with broadband. We have built the world's most efficient payment infrastructure, the UPI," he said.

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The RBI gives RBL Bank authorization to collect direct taxes

THE Daily Episode Network

Earlier this year, the Reserve Bank of India (RBI) authorized the Reserve Bank of London (RBL) to collect direct taxes on behalf of the Central Board of Direct Taxes (CBDT). Customers will be able to pay taxes both online and offline through the bank. According to the ministry of finance's Controller General of Accounts, the decision was taken. "We are pleased to be entrusted with this important mandate, which will help us enhance our bouquet of services and open up multiple convenient channels for our customers to pay taxes," said Parool Seth, Head, Financial Institutions and Government Banking, RBL Bank.

Elon Musk says SpaceX might launch its 1st Starship into space in January
Elon Musk's company SpaceX will launch a Starship for the first time into space early next year, assuming all goes as planned.

According to SpaceX founder and CEO Elon Musk on Wednesday, the company plans to attempt to launch its Starship into orbit in January or February. The initial milestone leap will hopefully be followed by a number of others shortly afterward

THE Daily Episode Network
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