India trip articles
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Binance India: Binance to restart operations in India as compliant FIU-registered entity
Binance, the world’s largest cryptocurrency exchange that was banned by the government in January, is poised to return to India by paying a penalty of about $2 million, people aware of the developments told ET. The crypto exchange will come back as an entity registered with the Financial Intelligence Unit (FIU) of the finance ministry, they added. FIU is tasked with oversight of trade in virtual digital assets (VDA). Binance will comply with all applicable laws, including the...
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Russians Pay $750 For 'Luxury' Round Trip Skiing Trip in N. Korea
More than 200 Russian tourists were the first to vacation in North Korea on "luxury" ski holidays since the world's most isolated country closed its borders at the start of the pandemic.Russian visitors on three tightly controlled tours described by the Russian embassy as "Pyongyang opens its doors" were escorted by government "minders."Professor Mark Galeotti is from the University College of London's School of Slavonic and East European Studies.He says many Russian tourists were taken aback by...
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Apple India: Chain reaction: Apple jobs in India set for 3x jump in 3 years
Apple's ecosystem of component makers and suppliers could collectively employ around five lakh people in India directly in the next three years — marking an over three-fold increase — as the iconic phone-maker moves at least half of its existing supply chain from China to India, top officials aware of the matter told ET.The Cupertino-based company, which is looking to increasingly decouple from China, also aims to increase local value addition from its Indian suppliers in line with the approach...