The introduction of the Digital Personal Data Protection Bill in the Lok Sabha on Thursday led to heated debate with Information Technology (IT) Minister Ashwini Vaishnaw seeking to quash speculation that the Bill could be classified as a ‘money Bill’ classification. He described it as a “normal Bill”, but the Lok Sabha website has… Continue reading Minister, Opposition spar after Data Bill classified as ‘financial Bill’
Tag: data
Data Protection Bill moots power to Govt to get info from entities, Board
The data protection bill introduced in Parliament on Thursday enables Government “to call for information” from data protection board, data collecting entities or intermediary, and safeguards the Centre from legal proceedings for “action taken in good faith” under the provisions of the legislation. After two or more instances of norm violation by a… Continue reading Data Protection Bill moots power to Govt to get info from entities, Board
Data Bill brings industry reasons to cheer, privacy experts flag issues
The Digital Personal Data Protection Bill 2023, introduced in the Lok Sabha on Thursday, has abolished data localisation mandates and criminal penalties for data breaches while incorporating voluntary undertakings, as requested by industry stakeholders. Nevertheless, experts have raised concerns over increased governmental control and exceptions. The government obtained 21,666 suggestions from industry stakeholders… Continue reading Data Bill brings industry reasons to cheer, privacy experts flag issues
Data protection Bill tabled, penalties of up to Rs 250 crore for leaks
The government on Thursday introduced in Lok Sabha a bill outlining the lawful collection, processing and safeguarding of private data, and prescribing penalties of up to Rs 250 crore in case of breaches. Digital platforms will need to take unconditional, free, specific, and informed consent from users presented in clear and plain language… Continue reading Data protection Bill tabled, penalties of up to Rs 250 crore for leaks
Data Protection Bill should be considered as regular bill: Manish Tewari
The bill aims to make entities like internet companies, mobile apps, and business houses more accountable and answerable about collection, storage and processing of the data of citizens as part of Right to Privacy Congress leader Manish Tewari on Thursday asked how the Digital Data Protection Bill can be classified as a financial bill,… Continue reading Data Protection Bill should be considered as regular bill: Manish Tewari
Most people think govt was responsible for leak of personal data: Report
Even as the government gears up to present the Digital Personal Data Protection Bill, 2023 before the parliament on Thursday, a survey shows a majority of the people think their personal data was lost in a leak from various government agencies. According to the report, Aadhaar and PAN card numbers, mobile numbers and… Continue reading Most people think govt was responsible for leak of personal data: Report
Data protection bill to be tabled in parliament today
After over four years of work, rounds of deliberation, and multiple iterations, a dedicated law to ensure the data privacy of Indians will be presented for Parliament’s consideration on Thursday. If cleared, the Bill may bring in heavy penalties for digital platforms for failing to protect user data. Union Minister Nityanand Rai on Wednesday… Continue reading Data protection bill to be tabled in parliament today
Data protection bill to be tabled in parliament, experts ask for discussion
After over four years of work, rounds of deliberation, and multiple iterations, a dedicated law to ensure the data privacy of Indians will be presented for Parliament’s consideration on Thursday. If cleared, the Bill may bring in heavy penalties for digital platforms for failing to protect user data. The Digital Personal Data Protection… Continue reading Data protection bill to be tabled in parliament, experts ask for discussion
DLF’s KP Singh sells entire 0.59% stake for Rs 731 cr: Stock exchange data
Billionaire KP Singh has sold his entire remaining stake in real estate firm DLF for around Rs 731 crore, according to the stock exchange data. It wasn’t clear why Singh, who in June 2020 was named the chairman emeritus, sold the shares in the company that is now headed by his son Rajiv.… Continue reading DLF’s KP Singh sells entire 0.59% stake for Rs 731 cr: Stock exchange data
Wall Street, global stocks remain flat ahead of earnings, economic data
Wall Street and global stocks were virtually flat on Monday while oil prices gained and the dollar was little changed, as traders looked ahead to corporate earnings, central bank meetings and a key employment report due this week. The Dow Jones Industrial Average rose 0.11%, to 35,499.78, the S&P 500 was little changed… Continue reading Wall Street, global stocks remain flat ahead of earnings, economic data