Policy & Regulations
The panel has proposed an official government-backed digital currency in India, to function like bank notes.
Parties that have so far expressed interest in Jet, which is saddled with roughly $1.2 billion of debt, have failed to make firm bids to bail it out.
An Air India source said that it had sought $309 million of additional equity for 2018/19 to make pending payments to its vendors.
While the government is said to be considering several proposals related to reviving the Air India disinvestment process, it will not allow complete f
Cryptocurrencies are not legal tender and have no regulatory permission or protection in the country, the finance ministry said in a statement.
The changes are designed to prevent wilful defaulters from bidding for stressed assets.
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