CoinDCX’s co-founders were granted bail after a court found no prima facie case against them. The company stated the arrests stemmed from a fraudulent website impersonating CoinDCX, with unknown actors deceiving a complainant. CoinDCX emphasized its official platform is .pro and that it was also a victim of this impersonation scam.
Private sector growth hits 3.5-year low in March
India’s private sector growth slowed to its weakest pace in over three years in March, impacted by the West Asia conflict dampening demand and output.