HYDERABAD: In a relief to Telangana state government, the Centre’s Food Corporation of India has extended the deadline by one month until November 30 to hand over rice stocks of the previous kharif season 2021-22 after milling. It also agreed to procure an additional four lakh tonnes of fortified boiled rice stocks from the state pertaining to recent rabi season …
Reserve Bank of India Deputy Governor T Rabi Sankar on Monday said that banning cryptocurrencies is the most advisable choice for India as they are akin to Ponzi schemes and "may even be worse". FM Nirmala Sitharaman replies Rabi Sankar said that cryptocurrencies can wreck the currency system, the monetary authority, the banking system, and in general, the government’s ability …
In contrast to India’s continued ambiguity over the legality of cryptocurrencies, its stance on introducing an official digital currency has been reassuringly clear and consistent over time. In a speech a few days ago, T. Rabi Sankar, Deputy Governor, RBI, said, “RBI is currently working towards a phased implementation strategy and examining use cases which could be implemented with little …
