Despite regulations and obligations to be transparent in case of the conventional financial instruments, there is still a lot of asymmetry of information between the investor and investee, writes Jyoti Lahiri.
While Ripple (XRP) and Cardano (ADA) have been among the top 10 cryptos for a while, $FRPN has been up nearly 300% in just two weeks and shows no signs of slowing down.
Both XLM and FRPN are inherently risky, since they are cryptocurrency, but they also have the potential for bigger value increases than standard stocks.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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