The government may introduce reverse charge on crypto investing by Indians in foreign crypto exchanges. Meanwhile, cryptos continued to trade moderately lower in the early morning session.

According to a survey report by BIS, major central banks across the globe are looking into CBDCs, including a retail CBDC. Meanwhile, Spotify partners up with Roblox, a metaverse virtual world.

Well-placed sources in the government have told Outlook Business that what Nirmala Sitharaman proposed in the Union Budget 2022-23 will be a wallet that will have legal guarantee and no merchant will have the choice to refuse payment through it

India Budget imposes 30 per cent tax on cryptocurrencies, besides paving the way for the launch of central bank digital currencies (CBDCs).

BTC was trading below $47,000, down 3.16 per cent, while DOGE was trading at a loss of 4.44 per cent and SHIB fell 6.07 per cent, according to coinmarketcap data

El Salvadoran Bitcoin users complain about missing BTC from government-issued crypto wallet Chivo. Bitcoin, Ethereum, Doge, Shiba Inu fall up to 3 per cent.

In this section, we recapitulate all the action from the world of business, finance and economic policymaking

Raghuram Rajan, who served as the 23rd Governor of RBI between 2013 and 2016, is the only outsider among the top contenders for the job

Rahul Gandhi also urged Reserve Bank Governor Urjit Patel to "stand up" to the prime minister and "protect the nation".

The cause of periodical standoffs between the government and the RBI have been over several issues, including interest rates and the role of the Central bank.

Chidambaram said that the governments he was a part of in the past had never used Section 7 of the RBI Act of 1934, under which a direct order can be issued by the government to the central bank to carry out its wishes in "public interest".

Lost dreams, lost armies, jihadi states, and the arc of instability

Rouhani’s election signals a desire within Iran for a person at the helm of Iran’s day-to-day conduct of foreign policy who has the diplomatic skills to engage with the rest of the world, especially the major powers.

Wolfowitz's departure would undoubtedly mitigate the World Bank's current problems, but it would not resolve deeper structural causes. The old international order is increasingly threadbare – but the new is a long way from arriving.

Would we give a place to a representative of the government of Pakistan or even of the US for that matter, in the official foreign-policy advisory group of the Ministry of external affairs? The answer is obvious and it should be equally obvious for t