Cryptocurrencies Can Result in Dollarisation of Indian Economy, RBI Officials Said to Warn Parliamentary Panel

Cryptocurrencies Can Result in Dollarisation of Indian Economy, RBI Officials Said to Warn Parliamentary Panel

Cryptocurrencies can lead to “dollarisation” of a part of the economy which would be against India’s sovereign interest, top officials of the RBI have told a parliamentary panel, according to sources. Briefing the Parliamentary Standing Committee on Finance chaired by former minister of state for finance Jayant Sinha, top officials…

Foreign Crypto Players May Fear Navigating in India’s Uncertain Legal Climate: Unocoin Chief

Foreign Crypto Players May Fear Navigating in India’s Uncertain Legal Climate: Unocoin Chief

Brian Armstrong, the CEO of one of world’s largest crypto exchanges — Coinbase, addressed a rather unpleasant event that his firm recently encountered in India. Days after launching a UPI-based crypto-buying feature in India, Coinbase had to suspend it because the government denied to recognise the move. Armstrong said, Coinbase…

Alarm Bells for Africa, Child Labour in Agriculture Requires Urgent Action — Global Issues

Alarm Bells for Africa, Child Labour in Agriculture Requires Urgent Action — Global Issues

Child Rights Advocate and 2014 Nobel Peace Prize winner, Kailash Satyarthi urged participants at the 5th Global Conference on the Elimination of Child Labour, organised by the International Labour Organization (ILO) in Durban, South Africa, to put their efforts to eliminate child labour back on track. Credit: Cecilia Russell/IPS by…

1 Dead and 4 Are Critically Injured in California Church Shooting
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1 Dead and 4 Are Critically Injured in California Church Shooting

A gunman who opened fire inside a Southern California church on Sunday, killing one person and critically wounding four others, was overpowered by congregants who then hogtied him, preventing further bloodshed, the authorities said. The shooting occurred at 1:26 p.m. inside the Geneva Presbyterian Church in Laguna Woods, Calif., about…

Naomi Judd Honored at Memorial Service 2 Weeks After Her Death

Naomi Judd Honored at Memorial Service 2 Weeks After Her Death

The country music community honored the life and legacy of Naomi Judd with music. Friends, family and fellow artists gathered at Nashville’s legendary Ryman Auditorium on May 15 to pay tribute to the late singer at a public memorial. The service—hosted by Good Morning America anchor Robin Roberts—aired live on CMT in a special…