Regulatory Action on Crypto Assets Requires Global Coordination: FM Nirmala Sitharaman

Regulatory Action on Crypto Assets Requires Global Coordination: FM Nirmala Sitharaman

ByNews Polite

Union Finance Minister Nirmala Sitharaman on Thursday said that there was a greater acceptance among Group of 20 (G20) member countries that any new regulations on the crypto assets need to be globally coordinated. “I am glad to say that there is a greater acceptance among all G20 members, that…

FM Nirmala Sitharaman, US Treasury Secretary Janey Yellen Discuss Debt, Crypto at G20 Meet

FM Nirmala Sitharaman, US Treasury Secretary Janey Yellen Discuss Debt, Crypto at G20 Meet

ByNews Polite

Indian Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen discussed strengthening multilateral development banks, global debt vulnerabilities and crypto assets on the sidelines of the G20 finance chiefs meeting on Thursday, the finance ministry said. Yellen is expected to brief reporters later in the day and take part in…

Budget 2023: Fully Imported Cars, Including EVs, to Cost More After 10 Percent Customs Duty Hike

Budget 2023: Fully Imported Cars, Including EVs, to Cost More After 10 Percent Customs Duty Hike

ByNews Polite

Fully imported cars, including electric vehicles will cost more with Finance Minister Nirmala Sitharaman announcing hike in customs duty in the Union Budget 2023-24. Customs duty on vehicles in completely built units (CBUs) costing less than $40,000 (roughly Rs. 32.7 lakh) or with engine capacity less than 3,000 cc for…