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India

RBI says generative AI may contribute up to $438B to GDP
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26 November, 2024

RBI says generative AI may contribute up to $438B to GDP

The RBI claims generative AI will supply $359-438 billion to India's GDP by 2029-30, while firms' AI integration into production...
India discussing Unified Payments Interface expansion: RBI
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25 November, 2024

India discussing Unified Payments Interface expansion: RBI

Introduced in 2016, UPI has emerged as the most preferred method of retail payments in India, with a 79.6% share...
RBI: Digital products make financial sector more complex
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22 November, 2024

RBI: Digital products make financial sector more complex

While the RBI is committed to improving the digitalization of banking services, it has also been busy addressing growing cybersecurity...
India Web3 space sees Trump influencing ‘crypto’ regulation
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21 November, 2024

India Web3 space sees Trump influencing ‘crypto’ regulation

The Indian Web3 industry is celebrating Donald Trump's re-election, acknowledging that his pro-digital currency outlook could influence global sentiment and...
India hopes for tech prowess under Trump leadership
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20 November, 2024

India hopes for tech prowess under Trump leadership

Donald Trump's victory as the 47th president of the U.S. looks to benefit India in the long run, with recent...
New Yorker faces 5 years sentence following $10B Bitfinex theft
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19 November, 2024

New Yorker faces 5 years sentence following $10B Bitfinex theft

Ilya Lichtenstein faced 20 years for stealing 120,000 BTC from Bitfinex, but prosecutors said he cooperated, had no priors, and...
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