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Trading in Bitcoin, Ethereum, other cryptocurrencies illegal, says Arun Jaitley
NEW DELHI: Bitcoins or such crypto-currencies are not legal tender and those indulging in such transactions are doing it at their own risk, Finance Minister Arun Jaitley said today as MPs expressed concern over trading on these platforms.

India to become fifth largest economy in 2018: Report
NEW DELHI: India is set to overtake the United Kingdom and France to become the world's fifth largest economy next year, a report said on Tuesday (Dec 26).

India now second-largest smartphone market in world
With shipments of over 40 million units in the third financial quarter, India has overtaken the United States, reports tech analyst Canalys.

HCM City official welcomes Indian business delegation
HCM City (VNA) – Standing Vice Chairman of Ho Chi Minh City People’s Committee Le Thanh Liem on December 19 hosted an Indian business delegation led by Executive Director of Tata Sons in Vietnam Indronil Sengupta.

Modi may give India its first employment policy in the coming budget
NEW DELHI: India will soon have its first national employment policy that will outline a comprehensive road map for creation of quality jobs across sectors through economic, social and labour policy interventions. The move is aimed at addressing the crucial issue of job creation in the country.

Vietnam promotes tourism in India
New Delhi (VNA) – The Vietnam National Administration of Tourism (VNAT) and the Embassy of Vietnam in India launched a programme in New Delhi on December 12 to promote Vietnam’s tourism.

India in 2028: This is where we are heading; can you visualise?
NEW DELHI: With rising financial maturity and emergence of a mass market riding demographic dividend, the Indian economy would soon chart its own course with service-led growth against an export-led China and become the third largest economy after the US and China by 2028.

India, Canada seek to put free trade pact in fast lane
A high-level delegation led by the Canadian International Trade Minister Francois-Philippe Champagne is visiting India to attend the 4th Annual Ministerial Dialogue (AMD). The Indian delegation will be led by Commerce and Industry Minister Suresh Prabhu.

India successfully tests its first nuclear-capable cruise missile
NEW DELHI: India on Tuesday successfully flight-tested its indigenous Nirbhay (the fearless) land-attack cruise missile, which can deliver nuclear warheads to a strike range of 1,000-km, after a string of failures since March 2013.

India’s central bank is shutting the door on bitcoin and other crypto-currencies
Crypto-currencies may be one of the most intriguing subjects in the world of finance right now but they have failed to impress India’s central bank.