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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
From getting caught in scams to a sparking hope in an income-less home, cryptocurrency is changing the lives of small-town India one holding at a time.
Editor's note: About 100 km away from the bustling streets of Indore is a small town called Kukshi where government officials slumber away in the afternoons. At the outset, it is a simple town where not much happens besides bursts of gully cricket in the streets and families carrying on with their business. That’s no longer the case. This small town of barely 30,000 inhabitants has a new obsession: cryptocurrency. Everyone from teens to senior citizens are hooked on it, tells me 34-year-old Mustafa, who has been living here for a few years now. He’s the local soothsayer for all things crypto in his part of town. Everyone from the local pharmacist to his neighbours rely on his insights on the asset to make their investments, so much so that when he walks down the street people recognize him. “People point and say, look, that’s Mustafa, he knows about cryptocurrency and can make you rich,” he says in Hindi. Often, Mustafa finds himself hooked to the hotline when it comes to trading. He wakes up at the crack of dawn, makes a …
From getting caught in scams to a sparking hope in an income-less home, cryptocurrency is changing the lives of small-town India one holding at a time.
Editor's note: About 100 km away from the bustling streets of Indore is a small town called Kukshi where government officials slumber away in the afternoons. At the outset, it is a simple town where not much happens besides bursts of gully cricket in the streets and families carrying on with their business. That’s no longer the case. This small town of barely 30,000 inhabitants has a new obsession: cryptocurrency. Everyone from teens to senior citizens are hooked on it, tells me 34-year-old Mustafa, who has been living here for a few years now. He’s the local soothsayer for all things crypto in his part of town. Everyone from the local pharmacist to his neighbours rely on his insights on the asset to make their investments, so much so that when he walks down the street people recognize him. “People point and say, look, that’s Mustafa, he knows about cryptocurrency and can make you rich,” he says in Hindi. Often, Mustafa finds himself hooked to the hotline when it comes to trading. He wakes up at the crack of dawn, makes a …
The emirate’s financial centre has surpassed the 10,000-company mark, Lucid Motors has a new investor, and digital assets are having a great week.
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
The Capital Market Authority consolidates oversight, tightens compliance and reworks how virtual assets operate in the country.
The emirate’s financial centre has surpassed the 10,000-company mark, Lucid Motors has a new investor, and digital assets are having a great week.
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
The Capital Market Authority consolidates oversight, tightens compliance and reworks how virtual assets operate in the country.
