Laptop import curb, Data Protection Bill, markets, GST in gaming

Laptops, tablets and personal computers have joined the list of products that need a license to enter India. While the government did not cite any reason for last week’s surprise move, experts believe it was done to nudge companies to make in India. And it came days after the PLI scheme for hardware failed… Continue reading Laptop import curb, Data Protection Bill, markets, GST in gaming

247 Bills got the Presidential sanction between 2014 and 2022, shows data

In response to Lok Sabha Member of Parliament Chandeshwar Prasad’s question regarding Bills received from states and Union Territories (UTs) between 2014 and 2022, Minister of State for Home Affairs Ajay Kumar Mishra provided the following information in the Lok Sabha on August 1 this calendar year: The Presidents of India gave their… Continue reading 247 Bills got the Presidential sanction between 2014 and 2022, shows data

Data protection bill can adversely impact on press freedom: Editors Guild

The Editors Guild of India on Sunday expressed concerns over certain provisions of the Digital Personal Data Protection (DPDP) Bill, saying they can have an adverse impact on press freedom. In a statement here, the Guild said the DPDP Bill creates an enabling framework for surveillance of citizens, including journalists and their sources.… Continue reading Data protection bill can adversely impact on press freedom: Editors Guild

Legit purposes may not apply to data processing by Big 4: Experts

KPMG set to invest $2 billion in AI as part of Microsoft partnership Big 4 push the tech button, look to expand IT service presence in India KPMG lays off 700 people in US, 1st among Big4 accounting firms to cut jobs Data protection bill could cap penalty for data breach at Rs 250 crore… Continue reading Legit purposes may not apply to data processing by Big 4: Experts

Bank credit growth to MSMEs decelerates on y-o-y in Q1, finds RBI data

Bank credit growth to Micro, Small and Medium Enterprises (MSMEs) has decelerated on a year-on-year basis in the first three months of the current fiscal, according to Reserve Bank data. Players in the MSME sector, the backbone of domestic industry and largest employer, said risk averseness makes banks reluctant to provide loans to… Continue reading Bank credit growth to MSMEs decelerates on y-o-y in Q1, finds RBI data

US inflation data may offer some comfort to the Fed, CPI likely to rise .2%

By Vince Golle and Craig Stirling   A closely watched measure of US inflation will probably illustrate more of the moderate price growth that the Federal Reserve wants to see sustained.   The consumer price index is projected to rise 0.2 per cent in July for a second month after excluding food and… Continue reading US inflation data may offer some comfort to the Fed, CPI likely to rise .2%

Once enacted, data Bill to create new functionalities for digital platforms

Digital platforms like apps and websites will have a list of tasks ahead of them once the Digital Personal Data Protection Bill, 2023, gets enacted. They may need to build several functionalities and revamp some of their data-handling processes. The government has introduced the Digital Personal Data Protection Bill, 2023, in the Lok… Continue reading Once enacted, data Bill to create new functionalities for digital platforms

Trai seeks views on spectrum allocation for aircraft-to-ground data comm

Telecom regulator Trai on Friday issued a supplementary consultation paper to seek stakeholders’ views on provision of licence and spectrum allocation methods for data communication between aircraft and ground stations. The Telecom Regulatory Authority of India (Trai) has floated a consultation paper on “Data Communication Services between Aircraft and Ground Stations for services… Continue reading Trai seeks views on spectrum allocation for aircraft-to-ground data comm