For every 100-rupee note, the cost works out to be 15-17% on each tender in its four-year life cycle, the report said citing a market estimate
RBI said there will be no transactions in government securities, forex, money markets and Rupee Interest Rate Derivatives on Monday
Industry says tax will dent crypto trading volumes and drive small traders towards informal person-to-person trading and decentralised exchanges
In its second earnings since it went public last year, Paytm posted a consolidated net loss of 7.79 billion rupees ($104.42 million) for the quarter ended December
At present, most account holders of private banks are unable to directly buy crypto assets through their bank accounts or credit cards.
The state-run company plans to export to Bangladesh, Nepal and Bhutan, according to a draft policy sent to the secretary of India's coal ministry
India, which has the fourth-highest tally of deaths globally, recorded 400,000 deaths by July last year, but a new study suggests three million died of Covid-19 by that time
Officials said that even investments in equity and debt instruments on stock exchanges which create value for the economy involve a levy
Life Insurance Corp of India's embedded value has been put at more than 5 trillion rupees ($66.8bn), an official overseeing what is expected to be the country's largest IPO said on Thursday
Vijay Naik was abducted in the city of Pune on January 14 and told to hand over his digital fortune, along with 800,000 rupees in cash
The launch “would give great comfort and trust in the use of digital currency", a former executive director at the Reserve Bank of India said
Google, Twitter and Facebook executives faced heated demands in a meeting with Indian officials, who said their inaction on fake news forced Delhi to order content takedowns, sources said