Reuters
TMT
Govt plans to make cryptocurrencies illegal as a payment system, appoint regulator
India is planning steps to ensure cryptocurrencies are illegal within its payments system, while at the same time appointing a ......
Economy
India services growth jumps to three-month high in January
Activity in India’s services sector grew at the fastest pace in three months in January, underpinned by a recovery in ......
TMT
Bitcoin slides more than 10%, other cryptocurrencies suffer double-digit declines
Bitcoin, the world's best-known cryptocurrency, fell more than 10 percent on Monday and approached three-month lows on concerns about a ......
TMT
Bitcoin sinks below $8,000 in worst week since 2013
Cryptocurrencies plunged on Friday, with several of the largest falling by more than 20 percent and bitcoin sliding below $8,000 ......
Markets
Sensex, Nifty record biggest fall since late-2016 as LTCG dampens sentiment
Indian shares slumped more than 2 percent on Friday, posting their biggest fall in nearly 15 months, as the long-term ......
TMT
Alibaba buys stake in payment affiliate Ant Financial as revenue beats forecast
Alibaba Group Holding Ltd, China’s biggest e-commerce company, said on Thursday third-quarter revenue rose 56 percent, beating expectations as it ......
Manufacturing
India factory growth eases to three-month low in January
Indian factory growth cooled to a three-month low in January as weaker domestic demand dragged on output despite firms keeping ......
Finance
India's infrastructure output rises 4% in December
India’s annual infrastructure output grew 4.0 percent in December from a year ago, government data showed on Wednesday.The growth in ......
Finance
Sequoia Capital plans $8 bn global fund with eye on diversification
Sequoia Capital, an early investor in global tech behemoths like Google Inc and Apple Inc, aims to raise up to ......
TMT
South Korea uncovers $600 mn in cryptocurrency crimes
South Korea has uncovered cryptocurrency crimes worth 637.5 billion won ($594.35 million), which includes illegal foreign exchange trading, a statement ......