Narendra Modi – DIGIT INFO

India Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit

DIGIT — Wed, 06 Jul 2022 08:50:14 +0000

In its attempt to relieve the pressure against the rupee, the Indian government announced on July 1 that it had hiked the duty on imported gold by five percentage points to 12.5%. However, there are fears the import duty hike will spur a resurgence in the smuggling of the commodity. India’s Worsening Trade Deficit Faced […]

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India’s Prime Minister Modi Calls for Global Collaboration on Crypto — Says ‘We Have to Have a Similar Mindset’

DIGIT — Tue, 18 Jan 2022 02:30:37 +0000

India’s prime minister, Narendra Modi, has called on governments worldwide to collaborate on cryptocurrency. He pointed out that “The kind of technology that is associated with it, the decisions taken by a single country will be insufficient to deal with its challenges.” Indian Prime Minister Urges ‘Every Country, Every Global Agency’ to Collaborate on Cryptocurrency […]

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Indian Prime Minister Narendra Modi to Take Final Decision on Cryptocurrency Regulation

DIGIT — Fri, 10 Dec 2021 15:30:56 +0000

A high-level meeting is reportedly being held on cryptocurrency regulation in India and Prime Minister Narendra Modi will take a final decision on how India will regulate the crypto sector. All options are being discussed including full and partial regulation as well as a complete ban and a partial ban. Indian Crypto Regulation to Be […]

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India’s Prime Minister Narendra Modi Urges Countries to Collaborate on Bitcoin, Cryptocurrency

DIGIT — Thu, 18 Nov 2021 16:30:46 +0000

The prime minister of India, Narendra Modi, has urged democratic countries to work together to ensure that cryptocurrency, particularly bitcoin, does not end up in the wrong hands. Meanwhile, the Modi government is working on a regulatory framework for cryptocurrencies in India. India’s Prime Minister Modi on Bitcoin and Cryptocurrency Indian Prime Minister Narendra Modi […]

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Indian Prime Minister Modi Chairs Crypto Meeting After Consulting With RBI, Finance Ministry

DIGIT — Tue, 16 Nov 2021 12:30:24 +0000

Indian Prime Minister Narendra Modi has reportedly chaired a comprehensive meeting on cryptocurrency and related issues in India. The meeting was an outcome of a consultative process involving the central bank, the Reserve Bank of India (RBI), the Ministry of Finance, and the Home Ministry. PM Modi Chairs Crypto Meeting India’s Prime Minister Narendra Modi […]

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Modi Discussed Crypto Standards at G20 Summit – A Look at How They Apply to India

DIGIT — Wed, 03 Jul 2019 06:50:18 +0000

India’s Prime Minister Narendra Modi participated in discussions on crypto assets at the G20 leaders’ summit in Osaka, Japan. At the conclusion of the summit, the leaders of the G20 countries jointly declared their commitment to applying the crypto standards set by the Financial Action Task Force. India’s new finance minister, Nirmala Sitharaman, also joined […]

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G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments

DIGIT — Mon, 01 Jul 2019 09:35:01 +0000

The G20 leaders jointly issued a declaration on crypto assets at the end of their summit in Osaka, Japan. They declared their commitments, reaffirmed that crypto assets do not pose a threat to global financial stability, and requested further work done by standard-setting bodies. Also read: V20 Summit Concludes With Promises for Crypto Industry G20 […]

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