Based on the holding period, the profit you make is liable to short-term or long-term capital gains tax, experts tell Tinesh Bhasin.
A small percentage of asset allocation to bitcoin seems like a reasonable gamble, as it could be a major gainer in an uncertain global environment, says Devangshu Datta.
The cryptocurrency will fall in the RBI's domain.
The RBI has been repeatedly cautioning everyone about the usage of cryptocurrencies, flagging a slew of concerns.
Kenneth Rogoff, professor of public policy and economics at the Harvard University, tells Dilasha Seth on the sidelines of the Delhi Economics Conclave that public sector banks will need to take a one-time haircut to address non-performing assets.
A new solution to raise deal speed is expected to avoid hiccups in trading when launched on August 1
With thousands of people receiving ransom messages from cybercriminals every day, Devangshu Dutta explains how you can defeat the hackers.
'What's the point in lamenting widespread toxic work culture, and the capitalist system that gives rise to it if there is no alternative?' 'Actually, there is,' says Ashish Sharma.
In the Silicon Valley of India, one can use the cryptocurrency to pay for food, buy bus tickets, order stuff online, and even get a haircut.
Jim Rogers' decision not to invest now is not India-specific, but has to do with the problems relating to how the major global economies are shaping up.
AP Moller-Maersk, one of the affected entities globally, operates the Gateway Terminals India at JNPT.
IIM-A will be offering six programmes that are blended or a mix of online and offline.
The attack is not focused towards any particular industry but it is widely spread across industries
PIO finds similarities between WannaCry code and other tools created by Lazarus Group in the past.
The threat was 'escalating' as cyber experts warned that another attack was imminent in coming days.
Security researchers with Kaspersky Lab have recorded more than 45,000 attacks in 99 countries, including the UK, Russia, Ukraine, India, China, Italy, and Egypt.
A pop-up message on computers tells users that they can recover files but only if they send $300 of bitcoin to a specific address.
"The government feels the industry needs some government oversight and can't be left unregulated. A panel of bureaucrats will soon submit their recommendations on the subject," said an official.
Nishith Desai appointed as advisor to frame norms.
Rajesh Bhayani highlights all that you need to know about the online currency.
Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 soon and may double from present levels by the end of the year. Rajesh Bhayani reports.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
About Rs 15 lakh crore of high-value notes were scrapped, against which RBI has managed to supply roughly Rs 4 lakh crore worth of notes in the market so far, Anup Roy/Business Standard reports from Mumbai.
Following the surge in demand, Bitcoin is being quoted on Indian exchanges at 25-28 per cent higher than the international price, reports Rajesh Bhayani.
Think organic food, affordable homes, artificial intelligence, suggests Prof Manmeet Barve.
Digital extortion, in which hackers lock out all your data and seek ransom, is a real threat today, says Veenu Sandhu.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
New offerings by banks are changing the way you transact.
On Mark Zuckerberg's Pinterest, the new title was "Hacked by OurMine Team."
Craig Wright identified himself as Satoshi Nakamato, the pseudonym he says he created when launching the currency in 2009.
Infosys said it is in discussion with over 10 institutions globally for deploying the solution
Bitcoin billionaires are well-known in the avenue of criminality.
Every year, 1,500-2,000 films are produced in India, losing up to 30 per cent of their business to piracy.
Gullible bank customers are getting fooled by callers who scare or lure them.
The only caveat is that your will should be a simple one.
Ritu Jha/Rediff.com reports from California on the largest TieCon ever.
With the Swiss government showing eagerness to help India trace suspected black money hoarders, banks based in Switzerland appear to be losing traction among the wealthy Indian clients and could not get much business commitments during the just-ended WEF summit.
Bitcoin currently trades at a price of $400 a unit, as against lofty highs of $1,200 early this year
The author meets the brains behind Unocoin, the first Indian Bitcoin exchange and merchant processor in India to have raised international funding.
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