India

India-Indonesia UPI-QRIS link nears launch, bypassing US dollar

India and Indonesia are in the final stages of linking their national payment systems, UPI and QRIS, for cross-border settlements.The new mechanism will use...

Russia, India push de-dollarization to hit $100 billion trade target

Russia and India are accelerating a bilateral trade deal to reach a $100 billion target by 2030 using local currencies.Moscow’s trade representative confirmed that...

Kalshi restricts India access as prediction markets face heat

Prediction market Kalshi added India to its restricted jurisdictions list, bringing the total to 55 blocked countries.The move follows India’s government warning VPN providers...

Coinbase Enables Direct Rupee Bank Transfers in India

Coinbase has enabled direct rupee deposits and withdrawals via India's IMPS payments network.This marks a renewed push in India after its troubled 2022 debut...

India Bypasses US Dollar, Uses BRICS Currencies For Russian Oil

India is using local currencies like the rupee, yuan, dirham, and ruble to pay for Russian oil, sidelining the US dollar.This shift supports the...

India arrests key crypto trafficking scam kingpin

India’s Central Bureau of Investigation (CBI) arrested a Mumbai-based facilitator implicated in trafficking victims to crypto fraud compounds in Southeast Asia.Victims were forced into...

Iran Pressures BRICS to Mediate in US-Israel Conflict, Strains India

Iran has urged BRICS to take an "independent role" in mediating the Iran-US-Israel conflict, directly challenging the bloc's credibility.A prolonged conflict threatens global energy...

BRICS Backs Iran as Tensions Rock Markets, India’s Stance Unclear

Escalating Middle East tensions between Israel, Iran, and the US have triggered a global market rout, hitting Asian stocks particularly hard.Founding BRICS nations Brazil,...

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Amazon stock surges 15% on Q2 earnings, AWS revenue up 37%

Amazon's Q2 earnings beat Wall Street forecasts, driven by AWS revenue of $42.2 billion (up 36.7% year over year)CEO...

Google removes Earth AI feature after fake satellite image backlash

Google removed an AI image-generation feature from Google Earth on July 31, just one day after its July 30...

Moonshot AI Uses 20,000 Nvidia Chips Leased from Alibaba

Beijing-based AI startup Moonshot is using a cluster of around 20,000 NVIDIA chips leased from backer Alibaba to train...