Luck is what happens when preparation Imeets opportunity.
India's favorable demographics has long been envy by the aging developed world. Launched in 2015, Prime Minister Narendra Modi's “Digital India initiative has installed this world's largest tech-savvy Generation Z with technical skills in preparation for the digital age to come. Then Covid-19 happened-the black swan pandemic changed how societies operate and fast-tracked the dematerialization global economy into a digitized metaverse, where the Indian IT sector has begun to reap the benefits.
Crypto is one of the prominent game-changing technologies that hold the promise to boost economies and propel new levels of innovation across industries. Three years after the Reserve Bank of India's attempt to ban crypto that was later rescinded, the asset that is popular with younger generations may finally be given regulatory clarity as a commodity in the newly drafted crypto bill, thus removing policy obstacles for India under PM Modi to lead the world in this revolutionary technology.
It is well covered in the
media, why India can be a natural capital for crypto for reasons, stated above, but the development will have profound economic and geopolitical implications, beyond the first derivative impacts of employment growth or financial inclusion of the masses. Using Bitcoin, the longest-running apex crypto network as an example, this columnist would like to explore some of the less-discussed reasons why India would be a global leader in crypto. This is why policymakers must design the upcoming crypto bill with utmost diligence in congruence with the potential significance crypto carries.
ECONOMICS
Denne historien er fra November 14, 2021-utgaven av The Sunday Guardian.
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Denne historien er fra November 14, 2021-utgaven av The Sunday Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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WHEN PHILANTHROPY AND SEVA COME NATURALLY
On a bitterly cold January evening a group of devotees of Saint Jalaram are serving hot nutritious food to the homeless and destitute in the Holborn area of London. University students too can be seen in the queues. Saint Jalaram was born in 1799 in Gujarat.
BMW Motorrad India to raise prices by up to 2.5%
BMW Motorrad India will increase prices by up to 2.5% across the model range. The new prices will be effective from 01 January 2025 onwards.
Volvo Group partners with Indian universities to shape future automotive talent
Volvo signs MoU with Amrita University and Thapar Institute to build a stronger industry-academia engagement and enhance the engineering industry readiness.
NO GOVERNMENT INTERVENTION TO DETERMINE PRICE OF VEHICLES TO BE SCRAPPED
In a written reply to the Lok Sabha, Union Minister for Road Transport and Highways, Nitin Gadkari said that there will be no government intervention for determining the fair price for a vehicle to be scrapped.
GADKARI VOWS TO MAKE AUTO INDUSTRY NO. 1
The Indian automobile industry ranks third globally, behind China and the United States, but the government aims to elevate it to the top position within the next five years, Union Transport Minister Nitin Gadkari stated.
Maruti to ramp up exports by over two-fold to 8 lakh units by 2030-31
Maruti Suzuki India is aiming to export about 8 lakh vehicles annually by the fiscal year 2030-31, from its current exports of around 3 lakh units.
ALLAHABAD HIGH COURT SUMMONS POLICE COMMISSIONER ON CONTEMPT PETITION
The Allahabad High Court has recently summoned Prayagraj Police Commissioner Tarun Gauba and other officials to appear on December 10 regarding a contempt petition.
GULFISHA, KHALID SEEK BAIL ON GROUNDS OF PARITY
Several individuals accused in the larger conspiracy case related to the 2020 Delhi Riots, including Gulfisha Fatima, Abdul Khalid Saifi, and Shifa Ur Rehman, have approached the Delhi High Court on Tuesday seeking bail.
Delhi HC directs CBI to appoint senior officer for RAU Study Circle case
The Delhi High Court has recently directed the Central Bureau of Investigation to appoint a senior officer to regularly monitor the investigation into the RAU's IAS Study Circle case.
Delhi HC directs govt to submit report on AHF injection stocks
The Delhi High Court has recently instructed both the Centre and the Delhi government to submit reports on the current stock of Antihemophilic Factor injections, which are essential for treating haemophilia, a rare genetic disorder.
