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India

India’s CBDC pilot hits 1 million daily transactions amid controversy
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6 January, 2024

India’s CBDC pilot hits 1 million daily transactions amid controversy

Reserve Bank of India achieves a significant milestone as the digital rupee pilot surpasses 1 million daily transactions, but controversies...
India turns to AI for weather forecasts amid climate change
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2 January, 2024

India turns to AI for weather forecasts amid climate change

As the world battles the extreme effects of climate change, India turns to AI to accurately predict weather changes, with...
India targets ‘offshore’ exchanges; China takes aim at Tether conversions
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2 January, 2024

India targets ‘offshore’ exchanges; China takes aim at Tether conversions

India's FIU issued 'compliance show cause' orders to nine digital asset exchanges alleging them of "operating illegally without complying" with...
Generative AI may inject $1.5T to India’s economy by 2030: report
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31 December, 2023

Generative AI may inject $1.5T to India’s economy by 2030: report

India's GDP could grow to $1.5 trillion by 2030, thanks to the massive potential of generative AI, but an EY...
India’s GIFT City gears up for real-world asset tokenization
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31 December, 2023

India’s GIFT City gears up for real-world asset tokenization

The GIFT City in India is adopting regulated blockchain for real estate tokenization, as the International Financial Services Center Authority...
From ban to regulations, India’s digital asset-blockchain story has come a long way
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29 December, 2023

From ban to regulations, India’s digital asset-blockchain story has come a long way

With the growing popularity of digital asset trading, India marked the year 2023 with various regulations geared toward safeguarding the...
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