Search Results for: Finance Minister

Indian Finance Minister Smt Nirmala Sitharaman to Inaugurate DATE in New Delhi

India’s ascent to a global innovation epicenter is a testament of government initiatives such as AatmaNirbhar Bharat and ‘Make in India’, encouraging and driving the nation’s digital transformation. India’s digital landscape and swift adoption of groundbreaking, next-generation solutions are fundamentally reshaping its economic landscape. Celebrating this burgeoning ecosystem, the inaugural

November 22, 2023 4 mins read

Newly inaugurated Yashobhoomi (IICC Dwarka) to host Trescon’s DATE 2023 with Finance Minister Smt. Nirmala Sitharaman amongst the dignitaries

Excitement surrounds Trescon’s Digital Acceleration & Transformation Expo (DATE) as the Honorable Finance Minister Smt. Nirmala Sitharaman confirms to speak at the event and highlights India’s financial innovation and FinTech revolution. The inaugural expo, scheduled for 23-24 November 2023 at the newly inaugurated Yashobhoomi (IICC Dwarka) in New Delhi, is

September 22, 2023 4 mins read

2 Engineers in India Lose 43 Lakh INR ($52,054) to Crypto Fraud

Indian Finance Minister Emphasizes Need for Unified Crypto Regulation

The government of India has always taken a relaxed approach to draft legislation for the nascent cryptocurrency sector. But this time, India’s Finance Minister Nirmala Sitharaman has emphasized the need for immediate awareness of the problems associated with crypto assets. Indian lawmakers, it has been said, pushed for quick action

April 16, 2023 1 min read

Indian Finance Minister Step-up to Low Inflation & Boost Economy

Central bank officials strive to stabilize Asia’s third-largest economy in the midst of challenging global conditions. While India’s Finance Minister Nirmala Sitharaman stated in the Reuters NEXT conference on Wednesday that she expects strong growth and lower inflation in the upcoming year. In addition, Nirmala Sitharaman specified Growth, health, and

December 1, 2022 1 min read

Indian Finance Minister Backs Web3 at Recent Accountants Event

At Friday’s 21st World Congress of Accountants, Union Finance Minister of India Nirmala Sitharaman forecasted that the introduction of Web3 will revolutionize the management of financial data. The 21st World Congress of Accountants was hosted in India. And was co-organized by the International Federation of Accountants (IFCA) and the Institute

November 21, 2022 1 min read

Indian Finance Minister Issues Warnings Regarding Crypto

The Indian finance minister suggested against using cryptocurrency. The law enforcement organization blocked the assets of two crypto exchanges. At a BJP Economic Cell event on Saturday, Nirmala Sitharaman, the Indian Finance Minister, reportedly issued a warning about cryptocurrencies. New cryptocurrency regulation is on the way, the finance minister reportedly

August 16, 2022 1 min read

Indian Finance Minister Expresses RBI’s Demand for Crypto Ban

The Indian Finance Minister declared that the RBI recommended crypto regulation. Government expects international collaboration for any effective regulation. The Indian Finance Minister, Nirmala Sitharaman has recently revealed that the Reserve Bank of India (RBI) has put forward a suggestion to the government, to frame cryptocurrency regulations. The government needs

July 18, 2022 2 mins read

El Salvador to Purchase One BTC Everyday - Entire Crypto Space Is Shocked!

El Salvador’s Finance minister Downplays Bitcoin Price Fall Risk Associated

El Salvador’s government has bought 2,301 units of cryptocurrency in total. An $800 million bond issued by El Salvador is due in January 2023. Alejandro Zelaya, El Salvador’s finance minister, downplayed on Monday fears that a steep decline in the value of bitcoin may harm the economic health of the

June 14, 2022 1 min read

Money Laundering and Terror Financing Biggest Risk of Crypto as per Indian Finance Minister

As a result of the COVID-19 epidemic, India’s digital adoption rate increased. Reserve Bank of India (RBI) is working on introducing India’s own digital currency. Historically, India has had a rocky relationship with digital assets, particularly cryptocurrencies. However, the Supreme Court overturned a prohibition on cryptocurrency transactions in March 2020,

April 19, 2022 1 min read

Indian Government Constantly Monitoring Crypto Sector Says Finance Minister

India’s central bank digital currency (CBDC) is also being developed by RBI. RBI would adopt crypto taxes before issuing its digital currency. It has been stated that the Indian government is “constantly monitoring” and “watching the crypto sector” by Finance Minister Nirmala Sitharaman. In reference to her budget address, she

February 9, 2022 1 min read