Maybe this news is true, but there is more and more people getting into cryptocurrency usage. Another thing more and more cryptocurrency and blockchain related development is happening within India. In recent days TCS, one of the leading IT service provider have entered the cryptomarket. If the government isn't supportive TCS could've never taken the steps forward. Upon this there is very less chance of cryptocurrencies getting banned in India.
You are absolutely right now India is doing very good in cryptocurrency and just few negative mind peoples creating rumours about this few days back we have announcements from few big exchanges as they are going to invest and opening representative offices in India for better way so I am feeling India could be next big in this technology.
India is having the biggest potential to grow along with the help of blockchain technology as there is a lot of corruption and also India is a developing country so if India starts building their economy along with blockchain then they can do wonders in the future and can become a country that is having blockchain tech in every aspect of its Economy.
Moreover after the recent news of bitcoin related with that twitter account scam/fraud, the mind of the officials will again go negative towards bitcoin who were already opposing the Supreme Court for lifting the ban on cryptocurrencies. The officials should listen to the needs of people and what do they want which they never do and always do what they think is right in their mind.