Business related bitcoin without fear, use it so too. Should change this OP. Hopefully this "legalization" makes buying bitcoins in India cheaper than before. I do not care about India's trading platform.
bitcoin is a growing economy whose countries accepting btc try to create a particular hindrance to the altcoins.
I was expecting this because recently when Chinese government banned bitcoins in their country as it was continuously effecting their economy, this gave opportunity to the other countries to clear their stance for bitcoins. India has legalize bitcoins in their country in order to make their economy strong and to compete with China.