Digital Currency
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Digital rupee pilot project to be launched on Tuesday, says RBI
The digital currency is equivalent to the banknote but will be issued in electronic form.
Scroll Staff
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A stablecoin’s collapse shows the time for allowing the sector freedom to innovate has passed
Regulation is essential.
Matthew Shillito, The Conversation
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Digital rupee: The history of Indian currency shows that monetary revolutions are messy processes
Finance Minister Nirmala Sitharaman’s announcement of a new monetary creature is uncannily similar to India’s transition to paper currency in the 19th century.
Shweta S Banerjee
Trending
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In the heart of Delhi, authorities take bulldozers to Muslim shrines with little warning
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What recourse does Canada have under international law after accusing India of assassination?
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India at Asian Games, Oct 1, live updates: Gold, silver in team trap events; Aditi Ashok wins silver
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Two Shah Rukh Khan films, two political worldviews
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How a mysterious diamond trader inspired the first American novel on India
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Why it seems impossible to actually regulate cryptocurrency
Virtual currencies need oversight. But with anonymous transactions spanning country borders and a volatile market, the challenges are significant.
Pratip Kar
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Nigeria’s digital currency eNaira could be a step towards regional monetary integration in Africa
While the digital token is not perfect, it has the potential to solve the challenge of the inconvertibility of African currencies.
Iwa Salami, The Conversation
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RBI has proposed including digital currency under definition of bank note, Centre tells Lok Sabha
The proposed amendment to the Reserve Bank of India Act is significant as only the central bank can issue bank notes in the country.
Scroll Staff
Video
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Watch: Hand pump spews fire instead of water in Mirzapur, Uttar Pradesh
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Eco India: Why decentralised renewable energy is key to India's long-term development goals
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Eco India, Episode 240: In an era of global heating, equitable access to renewable energy is crucial
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Watch: Actor Parineeti Chopra and MP Raghav Chadha’s wedding provides the music video for her song
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Watch: New York streets, homes and metro stations heavily flooded after rain
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India’s digital rupee will be a true success only if its benefits extend to no-internet areas
Like digital payments through QR codes, analysts believe widespread adoption of RBI’s digital currency will take at least five to seven years.
Mimansa Verma, qz.com
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Everything you need to know about RBI’s planned digital currency
What are its benefits and risks?
Nidhi Jacob, Factchecker.in
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El Salvador has made Bitcoin legal tender. Here’s why it could all go wrong
There is compelling evidence to show the cryptocurrency’s unsuitability for use as a real currency.
John Hawkins, The Conversation
The Reel
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Two Shah Rukh Khan films, two political worldviews
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‘An espionage thriller is the most juicy genre’: Vishal Bhardwaj on ‘Khufiya’
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‘Choona’ review: An impish caper with memorable characters
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‘Mumbai Diaries’ season 2 trailer: Bombay General Hospital staff deal with a deluge
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‘Tumse Na Ho Payega’ review: A spirited cast enlivens a predictable plot
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‘RBI has major concerns about cryptocurrency,’ says Shaktikanta Das
The RBI governor said that the concerns have been flagged to the government, which is expected to take a call on the matter.
Scroll Staff
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Why is Bitcoin’s price at an all-time high? And how is its value determined?
The world’s largest cryptocurrency by market capitalisation has become a hedge against looming inflation and poor returns on other types of assets.
Jason Potts, The Conversation & Kelsie Nabben, The Conversation
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India’s Supreme Court has overturned an order banning cryptocurrencies. What should be next?
In April 2018, the Reserve Bank of India posited that virtual currencies posed a risk to the country’s banking system.
Ramani "Ram" Ramachandran, qz.com & Anirudh Rastogi, qz.com
The Field
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ICC Men’s ODI World Cup: Starc takes hat-trick vs Netherlands; India vs England warm-up washed out
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Live
India at Asian Games, Oct 1, live updates: Gold, silver in team trap events; Aditi Ashok wins silver
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India at Asian Games, Oct 1 schedule: Men's badminton team, track and field stars in finals
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Watch, Asian Games: Rohan Bopanna and Rutuja Bhosale win India’s only tennis gold medal in Hangzhou
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Watch, Asian Games: Abhay Singh stars as Indian men’s team beat Pakistan to win squash gold