india

📰 India-UAE Local Currency Trade Enters Double Digits: How Rupee-Dirham Settlement Is Reducing Reliance on USD
Source : India Observers
description: India and the UAE are looking at yet another stride forward in their plans to enhance the usage of their currencies for trade. This was announced by Piyush Goyal, the country’s minister for commerce and industry, who recently pointed out that trade in rupees and dirhams between the two countries has crossed the double-digit mark. The move is significant considering that the majority of the international trade used to take place through the medium of USD. In the context of the India-UAE local currency settlement scheme, trade in rupees and dirhams has become more feasible for businesses. But it doesn’t […]
Time : 2026-10-01 15:20:57
Credit : mehak
Link : https://indiaobservers.com/india-uae-rupee-dirham-trade-growth/
#business #local_currency_trade #india-uae_trade
$PEOPLE $ONE $JST

🚨 BREAKING: TATA’S $14B CHIP PLANS GET A REASSURANCE!
🇮🇳 India says Tata Group has reaffirmed that its $14 billion semiconductor and electronics projects remain on track.
The reassurance comes as a leadership dispute at Tata’s holding company heads toward a courtroom battle. ⚖️
Big semiconductor investments could remain an important theme for global tech and digital markets. 👀
$BTC $ETH $BNB $SOL
#India #tata #Semiconductors #ChipIndustry #crypto

🇹🇷 Erdoğan Raises Kashmir Issue at UNGA

Turkish President Recep Tayyip Erdoğan raised the Kashmir issue during his address to the 81st UN General Assembly in New York on September 22, 2026.

He said disputes in South Asia, including Kashmir, should be addressed through dialogue within the framework of the UN Charter and relevant resolutions. 🇺🇳

India has reiterated that Jammu & Kashmir is an integral part of India and that India-Pakistan issues should be addressed bilaterally.
$XAG $XAU $NVDA.US
#Erdoğan #Kashmir #UNGA #Pakistan #India

📌 Indian crypto tax
Many people in India trade crypto without knowing these 4 rules:
1️⃣ Profits are taxed at a flat 30% (plus 4% cess). It makes no difference whether you hold for a day or a year.
2️⃣ You can only deduct the cost of buying. Fees, internet and other expenses don't count.
3️⃣ Losses can't be set off against other income, and they can't be carried forward.
4️⃣ There is a 1% TDS on sales. It's not an extra tax. It's an advance that appears in your tax records.
Report everything under Schedule VDA in your ITR, even if you made a loss.
Do you track your trades, or do you plan to figure it out at filing time? 👇
$BTC $ETH #CryptoTax #India #Binance #LearnWithBinance
Not financial or tax advice. Check with a CA for your case.
Losses on VDA transactions can't be set off against other income or carried forward, and Schedule VDA reporting is mandatory from FY 2025-26. The 30% tax and 1% TDS were still in effect as of the latest 2026 guide I found. Tax rules can change, so skim the Binance Square terms and any new CBDT notifications before posting.

🇮🇳🇵🇰 India–Pakistan Developments: Markets Watch Geopolitical Risk

India has lodged a strong diplomatic protest with Pakistan following a reported collision involving Indian and Pakistani naval units in the Arabian Sea.

The incident adds a new point of tension between the two countries, although there is currently no indication in the reports reviewed of a broader military escalation.

📊 Potential Market Impact

• Higher geopolitical uncertainty can increase risk aversion among investors.
• Pakistani and Indian assets could become more sensitive to further diplomatic or security developments.
• Regional currencies, equities and bonds may face higher volatility if tensions escalate.
• Broader global markets may remain more focused on oil prices, U.S. interest-rate expectations and Middle East risks.

⚠️ Key Point: Market impact will depend heavily on what happens next. A diplomatic resolution could limit financial-market effects, while further escalation could increase volatility.

#India #Pakistan #Marketstatus #MarketRisk

AT THE END
Daily market breakdowns, plain language, zero hype — that's the deal.
Follow along so you don't miss tomorrow's update, and drop a like if this helped. 🙌

BREAKING: 🇮🇳 UPI payments above ₹2,000 will get a 0.4% MDR from October 15. #NPCI

• UPI P2P payments remain completely free

• MDR applies to select Person-to-Merchant (P2M) transactions only #UPIpayments

• MDR capped at ₹300 for payments of ₹75,000+

• Payments to specific merchants such as railways, telecom services, insurance and fuel will attract a flat fee of 5 rupees #india

The move is aimed at funding UPI infrastructure, cybersecurity and innovation.
$AIN - $AKE - $POWER

Binance reinforces the data requirements for deposits and withdrawals in India
Binance would be requesting additional information from users in India for certain deposit and withdrawal operations. The move reflects an increasingly clear trend in the industry: exchanges must adapt to stricter regulatory and compliance requirements.
For users, the priority is to carefully review official notifications within Binance and keep their identity data up to date. Do not share sensitive information through links received via unverified messages.
Do you think these measures improve security or make the user experience too complicated?
#Binance #CryptoNews #India #CryptoRegulation

🇨🇳🇮🇳 Xi on China and India:

“𝘛𝘩𝘦 𝘵𝘸𝘰 𝘴𝘪𝘥𝘦𝘴 𝘸𝘪𝘭𝘭 𝘸𝘰𝘳𝘬 𝘵𝘰𝘨𝘦𝘵𝘩𝘦𝘳 𝘵𝘰 𝘱𝘳𝘰𝘮𝘰𝘵𝘦 𝘩𝘪𝘨𝘩-𝘲𝘶𝘢𝘭𝘪𝘵𝘺 𝘤𝘰𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘰𝘯... 𝘢𝘯𝘥 𝘱𝘳𝘰𝘷𝘪𝘥𝘦 𝘮𝘰𝘳𝘦 𝘱𝘰𝘴𝘪𝘵𝘪𝘷𝘦 𝘦𝘯𝘦𝘳𝘨𝘺.”

Between them, China and India account for more than a third of humanity.

When two countries that spent years staring suspiciously across the Himalayas start talking about “positive energy,” the rest of the world tends to pay quiet attention.

$LSK | $REZ | $MTL

#BREAKING #news #china #India

🇮🇳 India: challenges in transitioning to a digital economy despite the spread of cash payments

Cash payments continue to play a prominent role in India, especially in rural areas and for high-value transactions, despite the government’s efforts to promote digital payments such as UPI and the digital rupee. This comes amid growing concerns about cyber fraud related to electronic payments, highlighting the complexities in the country’s digital transformation journey.

━━━━━━━━━━━━━━
📊 Impact: 📊 Medium
🏷️ OTHER

#India #DigitalEconomy #CashPayments #UPI #eRupee

📰 Source: economictimes.indiatimes.com

🇮🇳 India sends another clear message to offshore crypto platforms.

FIU-IND has reportedly ordered the takedown of 15 offshore crypto platforms over alleged AML compliance violations.

Binance & KuCoin faced similar action before and returned after completing compliance requirements.

The takeaway? 👇
Want to operate in India? Follow India’s AML & compliance rules. 🇮🇳

Crypto regulation is getting serious. ⚖️
#Crypto #India #Bitcoin

🇮🇳 CRYPTO STARTS BEING USED FOR DAY-TO-DAY SHOPPING IN INDIA

According to the Economic Times, Indian users can now use crypto through overseas gift card platforms to buy groceries, fuel, food, mobile top-ups, and even gold.

The mechanism is quite interesting:

💰 Crypto/Stablecoin
⬇️
🌐 Overseas platform
⬇️
🎟️ Voucher/Gift Card
⬇️
🛒 Goods & services in India

This points to one important development:

Crypto is starting to move from being just an investment asset toward an indirect payment tool.

However, this development is also drawing the regulator’s attention because it involves cross-border transactions, taxation, AML, and payment routes outside the traditional banking system.

🔥 If this kind of usage continues to grow, the need for stablecoins and blockchain-based payment infrastructure could become even greater.

But the closer crypto gets to everyday economic activity, the greater the demand for regulation, transparency, and compliance.

Adopting crypto is no longer just about buying Bitcoin.
Now the question is: when will crypto truly become part of everyday life?

#Binance #Bitcoin #Stablecoin #India #Blockchain

$BTC @Bitcoin

This wave of operations by the “Indians” is genuinely impressive: buying groceries for crypto, even storing up on gold, all through overseas gift card channels.
You think they’re just pumping coins? Nope—they’ve already treated BTC as a substitute for fiat and spent it that way.
This also shows that the more compliance limits local exchanges have, the hotter it gets for P2P and “gift card nesting.”
Don’t just stare at price fluctuations—the real bull is payment integration into everyday scenarios.
The stricter the regulation, the easier it is for grassroots users to get around it. This plot has been replayed in India for the third time.

$BTC $ETH #CryptoNews #India

⚖️ Indian Supreme Court orders extradition of crypto fraud accused

The Indian Supreme Court has issued an order to extradite a key accused in an alleged cryptocurrency fraud case worth 200 billion rupees (about USD 2.4 billion). The accused is believed to have been living in Dubai for more than a year, and this move is part of legal efforts to pursue those involved in cross-border financial cases.

━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ REGULATION

#CryptoRegulation #India #Extradition #Legal

📰 Source: timesofindia.indiatimes.com

🇮🇳 India prepares to test its first digital corporate bonds

India is preparing to launch a pilot project for digital corporate bonds using blockchain technology and the central bank digital currency (CBDC) for wholesale payments, with the aim of speeding up settlement. The initial project, scheduled for September, will be limited to specific investors and may help enhance transparency and liquidity in the bond market in the future.

━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ REGULATION

#India #Blockchain #CBDC #Regulation #FinancialInnovation

📰 Source: livemint.com

Coinbase Expands into India:🇳🇪 Bypassing the risks of third-party intermediaries, Coinbase has officially launched direct Indian Rupee (INR) deposits and withdrawals via IMPS, directly integrating with local banking to boost Indian retail adoption.

I hope the Binance team will take necessary action very soon.

🌘🌘🌘🦚🦚🌒🌒🌒

$BNB


#Binance #CryptoWorld #CoinVahini #India

🔔 India's economy sees mixed signals as the manufacturing Purchasing Managers' Index (PMI) slightly drops to 54.3 from 54.7, while the services PMI edges up to 58.9 from 58.8. The composite PMI shows a minor decline, moving to 58.1 from 58.2. This data reflects varied trends in the different sectors of the economic landscape.
#IndiaCrypto #india

⚠️ Regulatory Watch

India's central bank is pushing to keep banks totally separate from crypto and private stablecoins... 🇮🇳

They might still allow for regulated tokenization though, so it's not a complete ban... keep watching this space! 👀

#India #CryptoNews ‎

Congratulations to the Indian Women’s U18 Hockey Team on securing the Bronze Medal at the U18 Asia Cup 2026. The team displayed remarkable grit throughout the tournament. This feat reflects the growing strength of women’s hockey in India and the immense potential of our players. Wishing the team the very best for their upcoming endeavours.
#NasdaqWorstDayInOverAYear #HoskinsonSuggestsCardanoProofOfBurnRelaunch #India

🚨 THIS COULD SHAKE THE CRYPTO MARKET. 🇮🇳
$EVAA
India’s central bank is reportedly pushing for policies that lean toward a complete crypto ban.

The proposal would prevent banks and financial institutions from holding, trading, or offering exposure to digital assets.

Why?
Officials say offshore crypto transactions are difficult to track, making tax enforcement much harder.

According to authorities, less than 25% of the 645,000 Indians who traded crypto in 2023 reported those transactions on their tax returns.

Here’s what makes this story even bigger… 👀

India is home to an estimated 39 million crypto investors.

At the same time India is discussing tighter restrictions…

The U.S. is moving toward clearer crypto regulations and broader adoption.

Two of the world’s biggest economies are heading in completely different directions.

How this plays out could shape the next chapter for $BTC and the global crypto industry.

One country is considering restrictions…

Another is building a regulatory framework.

Where do you think crypto wins in the long run? 🚀

Keep watching $BTC as global regulation continues to evolve.

#Bitcoin #Crypto #India #Regulation #Markets