A source close to the Indian regulators disclosed ...
based on my experience someone who starts his comment with something like this is lying! and this is not the first time either.
you either give us legit source or you are just spreading FUD.
worst case scenario they will regulate their exchanges and nothing will change! the price of bitcoin may come down from current ($8500-$9000 in India) back down to normal levels with the rest of the market which is $7100+ in USD exchanges.