The Centre is unlikely to take a tough stance on cryptocurrency, a report said, adding that it, however, may not recognise the currency as legal tender either.

Meanwhile, Samir Arora, founder and fund manager at Helios Capital, on Monday told CNBC-Tv18 that his firm would not apply for any initial public offer (IPO) in the Indian market for the remainder of the current financial year.

In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares why Arora bearish on the upcoming IPOs.

She also talks about reports on China’s aggressive social media campaign threatening military action in Arunachal Pradesh following which the Indian Army is on high alert.

Tune in to Top News Podcast for more

In case you have any queries or suggestions, please write to us on [email protected]

Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!