Clampdown & unclear policy, crypto exchange founders leaving India

MULTIPLE INDIAN entrepreneurs and developers in the Web 3.0 space are moving out of the country in a bid to shift base to more crypto-friendly destinations. The co-founders of India’s largest cryptocurrency exchange WazirX, Nischal Shetty and Siddharth Menon, have moved to Dubai with their families. Polygon co-founder Sandeep Nailwal is also among those who … Read more

Ex-AAP Uttarakhand CM face: ‘AAP has a one-man decision-making policy, a single model it expects to work across country. It’s not possible’

In the election, the AAP failed to win a single seat. With 3.31 per cent of the votes, it finished fourth and Kothiyal lost his deposit from the Gangotri constituency, garnering just 6,161 votes. In an interview to The Indian Expressthe decorated former soldier, mountaineer, and philanthropist talks about his decision to leave the AAP … Read more

Pratik Datta writes: Policy, not diktat

James Carville, a political advisor to Bill Clinton, had famously quipped that if there were such a thing as reincarnation, he would like to come back as the bond market because you can intimidate everyone. Reincarnation as the central bank wouldn’t be any less exciting. After all, they are the “only game in town”. The … Read more

‘Agnipath’: In major defense policy reform, govt announces scheme for soldier recruitment

Defense minister Rajnath Singh and immediately chiefs of the Army, Navy and Air Force on Tuesday announced a significant reform on how soldiers across the three services will be recruited under the new Agnipath scheme which will come into effect. Soldiers recruited under the scheme will be called Agniveers. “This is a major defense policy … Read more

Amidst domestic churn, new Australian PM signals foreign policy continuity

As Anthony Albanese is sworn in as Australia’s 31st Prime Minister, he will be conscious of the deep electoral angst against traditional politics and a groundswell in support for a contemporary avatar of Australia’s own “Aam Aadmi” politics: The Teal independents, a motley group brought together primarily by the lack of mainstream urgency to act … Read more

Monetary policy alone won’t bring down inflation

After months of exhortation by the market and being criticized for falling behind the curve, the Reserve Bank of India (RBI) last week raised both policy rates and cut back liquidity in a surprise inter-meeting decision. The forcefulness and urgency of the policy shift have been welcomed by analysts and the market alike and seen … Read more

Eye on US$ 1bn investment, Khattar cabinet approves Haryana Aerospace and Defense Production Policy

The Haryana government Friday approved a policy to spur industrial growth aerospace and defense production sector and place emphasis on creation of an end-to-end ecosystem. The Haryana Aerospace and Defense Production Policy, 2022, aims at attracting investments of at least 1 billion USD and provide employment opportunities to around 25,000 people in five years, an … Read more