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Tag Archives: India

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Central bank calls on India to ban cryptocurrency

T Rabi Sankar, the deputy governor of the Reserve Bank of India (RBI), advised the Indian government to ban cryptocurrencies on Monday – comparing digital currencies to Ponzi schemes and branding them a threat to control of the economy. In a speech to the Indian Banks Association, Sankar warned that …

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India boycotts Beijing Olympics over Chinese choice of torchbearer

Indian diplomats will boycott the opening and closing ceremonies of the Beijing 2022 Winter Olympics after a row over a torchbearer who previously fought in a skirmish between the two countries. India’s Ministry of External Affairs confirmed the development on Thursday, saying it was “regrettable” that China “has chosen to …

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India test-fires nuclear-capable ballistic missile (VIDEO)

The ‘Agni-P’ missile, also called ‘Agni Prime’, was launched from a small island off the coast of the state of Odisha in eastern India. The launch was a success, completing “all mission objectives with high level of accuracy,” India’s Ministry of Defense said in a statement. The missile, which can …

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Why India sees Russia as a unique partner

The visit of Russian President Vladimir Putin to India on December 6 for the 21st annual bilateral summit was only his second overseas trip since the coronavirus pandemic halted in-person diplomatic travel. Indian Prime Minister Narendra Modi acknowledged the significance of Putin’s choice, saying, “Your love towards India is evident.”  …

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