Union Finance Minister

Union Finance Minister says, Money laundering, terror financing biggest concerns around cryptocurrency

Union Finance Minister Nirmala Sitharaman stated on Monday, April 18, that the main danger associated with cryptocurrencies is that they might be used for money laundering and terror funding, adding to the already shaky cryptocurrency sector in India. Sitharaman said, “Biggest risk of cryptocurrency could be money laundering and its use for financing terror.”  “I […]

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Russia-Ukraine conflict

Russia-Ukraine conflict has triggered a price increase in precious metals; gold prices might rise by Rs 10,000 in the next two years

Russia-Ukraine conflict: With the threat of full-fledged conflict approaching after Russian President Vladimir Putin declared a “military operation” in Ukraine earlier today, gold prices are predicted to rise dramatically shortly. Geopolitical tensions, along with a predicted downturn in the global economy and rising inflation, might lead to a significant increase in gold prices. Gold prices […]

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Russia-Ukraine conflict

Russia-Ukraine conflict: Global crude oil prices have risen 29%, increasing global demand, and limited supplies

Russia-Ukraine conflict: According to experts, the ongoing Russia-Ukraine conflict, which propelled global crude oil prices above $100 per barrel on February 24, might lead to a bumper quarter for India’s oil and gas producers in the March quarter. Higher crude oil costs, according to industry observers, are big headwinds for many industries, including aviation, paint, […]

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e-RUPI

e-RUPI: Reserve Bank of India has proposed raising the limit on e-RUPI vouchers to one lakh rupees

e-RUPI, which was introduced to transmit welfare services to beneficiaries smoothly, is a system of prepaid digital vouchers sent straight to recipients’ phones. e-RUPI is a pre-digital payment method that is cashless and contactless. The Reserve Bank of India (RBI) increased the e-RUPI prepaid digital vouchers cap. Governor Shaktikanta Das said on Thursday that the […]

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