Connect with us

India News

‘Digital Rupee’- Nilekani can come to India in two-three years

In India, ‘Digital Rupee’ can come in trend in 2-3 years. This estimate is from Infosys Chairman Nandan Nilekani. Regarding….

Published

on

'Digital Rupee'- Nilekani can come to India in two-three years

In India, ‘Digital Rupee’ can come in trend in 2-3 years. This estimate is from Infosys Chairman Nandan Nilekani. Regarding the increasing craze of cryptocurrency, he says that it will take time to get an agreement on it in India right now. It is possible that it may be allowed in the future as an asset class for investment, but it is difficult to allow for purchase and transaction. A big reason for this is also that the situation in India is different from other countries of the world.

Our UPI is a unique platform for payment, so there is no need for cryptocurrency, because the interoperable platform that India has created to pay anyone from any bank or business or individual is unmatched in the world.

Nilekani said these things at a program of venture capital firm Bloom Ventures at the clubhouse. The program also included angel investor Balaji Srinivasan, who opined that India should not ban cryptocurrency business. The government is considering a ban.

Advertisement

Nilekani said that the platform on which crypto runs – blockchain – is being used in many areas in India, but it is difficult to use crypto as a currency in India, as long as the interests of the entire population of the country I do not see any logic in its use and consensus should not be formed on it.

He reminded what restrictions India had imposed on investment in gold till 1968. Since the blockchain-based crypto business takes place internationally, India’s policy will remain the same as it has been on the old demand to eliminate control over the movement of capital. The reason is that the government is very careful about the stability of the financial system.

Many countries are considering bringing digital currency

China is preparing to bring digital Yuan. Many more countries including America and Japan are also thinking of bringing digital currency. In this context, Nilekani said that our Reserve Bank can bring Central Bank Digital Currency (CBDC), it is just a matter of time.

Advertisement

Just as a currency can be in the form of paper or plastic card, similarly the rupee should also be in digital form, this is a reasonable thing.

The most popular bitcoin in the crypto currency is Bitcoin, which is currently trading at $ 55,000. Nilekani says that this market has become one trillion dollars all over the world at the moment. About one crore people in India have invested 10-15 thousand crores in many crypto currencies including bitcoin. One section considers the trend of crypto as a natural digital revolution, while the other section considers it to be fashion and scam.

Advertisement

Passionate news enthusiast with a flair for words. Our Editorial Team author brings you the latest updates, in-depth analysis, and engaging stories. Stay informed with their well-researched articles.

Viral

Video of Isha Arora, Saharanpur Polling Agent Takes the Internet By Storm 

Published

on

Video of Isha Arora, Saharanpur Polling Agent taking the internet by storm 

A video is currently going viral on the internet, showing Saharanpur polling agent Isha Arora doing the rounds in the Gangoh assembly constituency during the Saharanpur Lok Sabha elections. Since then, netizens have been going gaga over her charm and personality.

Meanwhile, many are curious to know more about her. A wide range of memes and reels are also being shared on Twitter and Instagram.

According to social media, Isha Arora is a State Bank of India (SBI) employee, currently employed on polling duty for the Saharanpur Lok Sabha Election 2024 in Madari village of the Gangoh assembly constituency.

Advertisement

Video of Isha Arora dominates the internet

There she serves as the first polling officer at Garhi village’s polling booth. It got to a point that national news agencies were trying to get her on camera.

Many of Isha Arora’s photos and videos are circulating on various social media platforms, generating millions of clicks and views. While talking to ANI, she stated:

“I think that if you get any duty, you should be punctual and that’s the reason I have assumed my duty on time. Every man and woman should be punctual to let the functioning be smooth.” 

On being asked about her election duties, she said:

Advertisement

“I’ll say that people should be punctual and they are, otherwise conducting such big elections wouldn’t have been possible. I didn’t get time to watch it (comments) in the video. It’s election time and it was my duty to come on time hence I was busy. It goes viral due to my punctuality and devotion…” 

Back in 2019, during the Lok Sabha elections, a clerk from the Public Works Department in Lucknow, Reena Dwivedi, gained national media attention because of her beauty. Her pictures in a yellow saree on duty went viral on various social media platforms.

Also Read: Hareem Shah Addresses Trolls After Her MMS Video Leak

Advertisement
Continue Reading

India News

Raj Kundra ED Case Explained: Properties Worth Rs 98 Cr Seized 

Published

on

Raj Kundra ED Case Explained: Properties Worth Rs 98 Cr Seized 

Raj Kundra, the famous businessman and husband of Bollywood actress Shilpa Shetty, has had properties worth Rs. 98 crore seized by the Enforcement Directorate.

The ED has also seized Shilpa Shetty’s Juhu flat. The Mumbai Zonal Office has seized movable and immovable properties worth Rs. 97.79 crore belonging to Raj Kundra (also known as Ripu Sudan Kundra) under the Prevention of Money Laundering Act (PMLA), 2002, as reported by The Economic Times.

The seized properties include equity shares in Raj Kundra’s name, a residential bungalow situated in Pune, and a flat in Juhu under Shilpa Shetty’s name.

Advertisement

The investigation was initiated by the ED based on multiple FIRs registered by the Delhi Police and Maharashtra Police.

The FIRs were registered against several MLM agents: Mahender Bhardwaj, Simpy Bhardwaj, Vivek Bhardwaj, Ajay Bhardwaj, the late Amit Bhardwaj, and M/s Variable Tech Pte Ltd.

According to News18, allegations prevail that they collected funds worth Rs. 6,600 crore in 2017 in the form of Bitcoins. Moreover, they falsely promised a 10 percent return per month in the form of Bitcoins.

Advertisement

Investors were led to believe they would get higher returns on crypto assets, and the Bitcoins were purportedly taken to be used for Bitcoin mining in Ukraine. However, the promoters cheated the investors.

The promoters concealed the “ill-gotten Bitcoins in obscure online wallets.”

Investigation on Raj Kundra and Other Suspects 

The ED investigation into Raj Kundra revealed that he received 285 Bitcoins from Amit Bhardwaj, the mastermind.

Advertisement

As the deal didn’t materialize, Raj Kundra still possesses 285 Bitcoins, worth Rs. 150 crore at present value, as per Mint.

In this case, Nikhil Mahajan was apprehended on January 1, 2023, Nitin Gaur on December 29, 2023, and Simpy Bhardwaj on December 17, 2023. Currently, all three of them are in judicial custody. 

However, the masterminds, Mahendra Bhardwaj and Ajay Bhardwaj, are yet to be caught. 

Advertisement

Further investigation in the case is under progress.

Also Read: Petition Against Cody Roberts Demands Felony Charges For Killing Wolf

Advertisement
Continue Reading

India News

Karnataka Congress Leader’s Daughter Neha Murdered by Fayaz on College Campus, Suspected Arrested 

Published

on

Karnataka Congress Leader's Daughter Neha Murdered by Fayaz on College Campus, Suspected Arrested 

Neha, 23, was the daughter of Niranjan Hiremath, a Congress Corporator who was brutally stabbed to death. She was murdered inside her college campus in Hubballi, Karnataka by her former classmate.

The accused has been identified as 23-year-old Fayaz Khondunai, who is currently in judicial custody for 14 days.

Neha was studying at BVB College (KLE Technological University) and was in her first year of MCA (Masters of Computer Applications).

Advertisement

This incident was captured by the CCTV cameras installed on the college campus. The footage shows how Neha was repeatedly stabbed by Fayaz with a knife.

The horrific incident took place at 4:30 pm when the victim completed her first semester exams and was returning.

The accused, Fayaz, belongs to Savadatti taluk in Belagavi district. According to reports by Opindia, Neha and Fayaz were friends during their bachelor days.

Advertisement

However, both Neha’s parents and the college management opposed their friendship. Thus, Neha distanced herself from Fayaz.

Police consider that this stabbing incident occurred due to their strained relationship.

For this reason, Neha was asked by her parents not to even attend college.

Advertisement

What Happened To Neha?

Fayaz confronted Neha when she came to appear for first-semester MCA exams. This escalated into a physical brawl in which Fayaz punched and then stabbed her multiple times. Then he left the scene.

However, some students tried their best and handed the culprit to Vidyanagar police.

Neha was immediately sent to the Karnataka Institute of Medical Sciences (KIMS) Hospital by the students and college authorities. However, she was pronounced dead upon arrival.

Advertisement

Also Read: Did Mahua Moitra say “Sex” or “Eggs” In The Viral Video? The Person Who Asked Her Clarified

As per reports by OneIndia, Fayaz had been keeping track of Neha’s whereabouts ever since she rejected his proposal.

Advertisement
Continue Reading

Trending

This will close in 5 seconds