On February 1, while presenting the national finance budget, India's minister for finance, Arun Jaitley announced that the country does not recognize Bitcoin as legal tender and that crypto payments will be penalized. Jaitley’s comments raised questions among India’s crypto community about the legitimacy of trading, and the price of...
UberEats launches in Mumbai
San Francisco-based Uber launched its initial UberEats service in Mumbai, and by the end of this year the company plans to expand this service to six cities in India. The country's online population is tipped to reach 450 million-465 million people by June 2017, according to a report co-authored by the Internet and...
India Becoming World’s Second Largest Internet Population
India is on track to overtake the U.S. in its number of Internet users. Quartz quotes from a report by the Internet and Mobile Association of India (IAMAI) and IMRB International, a market research firm, that by December, India will have 402 million internet users, of which 351 million will...