A $3 billion scam could be unfolding in Gujarat as probe into an alleged Ponzi scheme reveals tax evasion, police corruption and a fugitive politician.
India’s most trusted regulatory body, the Reserve Bank of India, has given the courts two opportunities to question its manner of taking significant decisions in the last two years.
Crypto dealers are trying to identify institutions out of RBI’s purview, such as post offices, where money orders can be used to send and receive funds.
The firm is working hard to recover the money. However, its efforts might be hampered by India’s crackdown on cryptocurrencies even as global prices rebound.
I don’t believe that the US-India relationship has deteriorated beyond repair. There are ways of handling Trump, even if the Pakistanis have outplayed us this year.
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