FTX – A Betrayal of the Soul of Crypto

Yesterday, on the 21 st of November, 2020, our inboxes were flooded with a grim notification.If we can say anything for certain at this particular point in time, it’s probably that the Boardat FTX – a crypto exchange with assets in the billions of dollars - had it grimmer. TheBloomberg blares “FTX owes its biggest … Continue reading FTX – A Betrayal of the Soul of Crypto

RBI’s CBDC Pursuit: A Digital Future

On 1st November, the Reserve Bank of India launched a pilot project that was aimed at testing the concept of Central Bank Digital Currency (CBDC). The pilot involved the trade of Government securities (bonds issued by the government) between the RBI and nine commercial banks in the country. The announcement of this project was much … Continue reading RBI’s CBDC Pursuit: A Digital Future

INDIA: IN PURSUIT OF FREE TRADE AGREEMENTS

FTAs: Need of the hour The Covid-19 pandemic and the Russia-Ukraine conflict have exposed the frailties in the global supply chain and have alarmed the countries to secure their supplies. Across policy circles, there is a clarion call for friend-shoring, which means shifting manufacturing to friendly nations and sourcing inputs from them. So, it is … Continue reading INDIA: IN PURSUIT OF FREE TRADE AGREEMENTS

Taxing the Online Gaming Industry

-Penned by Harshit Agrawal Introduction The GST Council, recently, has been struggling with the question of taxing the online gaming industry. The Council constituted the group of ministers (GoM) on casinos, horse racing and online gaming to decide upon firstly, the rate of the tax and secondly, the amount upon which the tax to be … Continue reading Taxing the Online Gaming Industry