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Apple Card May Soon Hit India As iPhone Maker Reportedly Talks With Local Banks, Regulator
Friday, June 23, 2023 - 6:20am | 464This story was originally published on the Benzinga India Portal. Apple Inc (NASDAQ: AAPL) is reportedly discussing plans with Indian financial institutions and regulators to launch its Apple Card in the country. According to insiders, CEO Tim Cook met with HDFC Bank ...
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Reserve Bank Of India Seeks To Leverage G-20 Presidency To Propel Global Crypto Regulation Conversation
Tuesday, May 30, 2023 - 4:33pm | 481The Reserve Bank of India (RBI) has expressed its intent to broaden the global discourse on cryptocurrencies, aiming to go beyond just "financial stability and integrity" and delve into the "macro-financial and cross-sectoral implications and risks of crypto-assets." This...
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Coinbase's 'Audacious' India Strategy Deemed A Mistake By Crypto Experts
Friday, May 27, 2022 - 4:53am | 519From suggesting a legal move against RBI in a tweet to calling out the government's "subtle pressure" on exchanges, Coinbase Global Inc (NASDAQ: COIN) CEO Brian Armstrong has been quite outspoken about India's clampdown on cryptocurrency. But...
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Paytm Payments Bank Expects India's Central Bank To Ease Regulatory Curbs On It Soon
Monday, May 23, 2022 - 12:41pm | 422India’s Paytm Payments Bank said it expects the central bank to allow it to start taking on new customers in the next few months and would comply with all the audit requirements to remove the regulatory curbs imposed on it. What Happened: Earlier in March, the Reserve Bank of India barred the...
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Indian Government Informally Intimidated Coinbase To Halt Trading Of Bitcoin, Dogecoin, Says CEO
Wednesday, May 11, 2022 - 4:38am | 515American cryptocurrency exchange platform Coinbase Global Inc's (NASDAQ: COIN) chief blamed India's central bank for putting "informal pressure" weeks after it halted trading service in the country. What Happened: The crypto exchange's CEO Brian Armstrong on the company...
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Did Indian Government Just Give A Nod To Cryptocurrencies? What You Should Know About This Key Event
Tuesday, February 1, 2022 - 3:39am | 398Cryptocurrencies found a key mention in the Union Budget of India for 2022-23 — a highly-followed event where the country’s central government lays out its financial plan for the next fiscal year. India’s Minister of Finance and Corporate Affairs Nirmala Sitharaman announced...
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India To Take Progressive Steps on Crypto, Eyes Prohibiting Crypto Ads
Saturday, November 13, 2021 - 5:09pm | 389On Saturday, Indian Prime Minister Narendra Modi chaired a meeting on the status of cryptocurrency in India. The discussion was held between the Reserve Bank of India (RBI), the finance ministry, and the home ministry. During the crucial gathering, Modi said that the "youth must...
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Advantages With India ETFs
Monday, August 14, 2017 - 8:29am | 552Emerging markets stocks and exchange traded funds are outperforming U.S. equivalents this year and India is a key contributor to that out-performance. For instance, the WisdomTree India Earnings ETF (NYSE: EPI) is up 27 percent year to date, an advantage of almost 350 basis points over the MSCI...
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Another Positive For India ETFs
Monday, May 15, 2017 - 9:05am | 541Already among the best-performing single-country emerging markets exchange-traded funds this year, India ETFs could be further supported by the improving health of the country's big banks. The WisdomTree India Earnings Fund (ETF) (NYSE: EPI), one of the largest India ETFs trading in the U.S.,...