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Regulation

Google Logo

Google agrees to comply with RBI's data storage rules

Last month Google CEO Sundar Pichai and Law & IT Minister Ravi Shankar Prasad had met in California. Sep 11, 2018
import pulses inflation retail food cpi data government import buffer stock prices stability

State govts get nutritional cushion; Centre to sell pulses at discounted rates through PDS

Pulses like tur, chana, moong, masoor and urad will be sold at a discounted price of Rs 15 per kg over current wholesale prices. Aug 10, 2018
Global e-commerce sector likely to grow

Govt mulls national e-commerce regulator; Amazon, Flipkart set to gain

The step will ensure consumer protection and compliance with foreign investment caps for the ever-growing e-commerce sector in the country. Jul 31, 2018
Aadhaar

Hackers deposit Re 1 in TRAI chief's bank account as Aadhaar dare backfires

In an audacious attempt on Saturday, TRAI chairman RS Sharma, an ardent supporter of this biometric service, shared his Aadhaar number on Twitter challenging anyone to leak his personal data. Jul 30, 2018
Solar panels

Karnataka overtakes Tamil Nadu in producing renewable energy

Karnataka is producing more renewable energy than European countries like the Netherlands and Denmark which generates around 7.7 GW of renewable energy. Jul 29, 2018
Aadhaar

TRAI chief discloses Aadhaar number as Twitter dare; users dig up personal data right away

Being the chairman of a regulatory body, much of RS Sharma information is already out in public domain. The Telecom Regulatory Authority of India is yet to make an official comment on the authenticity of his personal details shared by Twitter users. Jul 29, 2018
uber

In a first, New York aims to curb Uber and other taxi services

New York City is attempting to be the first to cap ride-hailing services, in a move that has not gone down well with companies and commuters. Jul 29, 2018
ravi shankar prasad, ministry of electronics and it, modi govt, it jobs, it layoffs, wipro, infosys, nasscom, it job creation, it hiring

Data privacy: Srikrishna panel backs 'explicit' consent for sensitive data; penalties for violation

The committee which was set up in 2017 to recommend a legislative framework for data privacy submitted its report to the Union minister for law and justice, and electronics and Information Technology, Ravi Shankar Prasad. Jul 28, 2018
A Domino's Pizza restaurant

Domino's takes a slice of GST cuts, deprives customers of benefit

Anti-profiteering authorities are currently investigating the pizza chain for failing to reduce prices of its products and not passing on the cut in GST rates to the consumers. Jul 27, 2018
Income tax

Last day for filing Income Tax Returns extended to August 31 but there's a catch

The Central Board of Direct Taxes (CBDT) confirmed the extension date for filing Income Tax Returns (ITR). The department has also not mentioned the reason for the change in the deadline. Jul 26, 2018
drugs, medicines, pharmaceuticals,

Drug-makers to take a hit? Govt may ban 343 'irrational' medicines

The Chandrakant Kokate committee found out that these drugs are irrational and pose health risks, post which the ministry of health and family welfare banned 349 FDCs. Jul 26, 2018
E-commerce

Cash-on-Delivery deals may be illegal: RBI

The RBI has noted that the CoD option is not permissible as it is not in compliance with the Payments and Settlements Systems (PSS) Act, 2007. Jul 26, 2018
paytm, freecharge, paytm to acquire freecharge, snapdeal acquires freecharge, indian fintech companies, digital payments, digital wallet

Paytm May lose competitive advantage as industry war thickens

Intense lobbying by several American card firms has forced the RBI to soften its stance on local data storage of all Indian transactions, which Paytm has been pushing for. Jul 25, 2018
TRAI's DND app

If TRAI has its way, iPhones may soon stop working on Indian networks

The body on Thursday launched a new regulation making it mandatory for TRAI's DND app to be installed on all devices, or else it could force mobile operators to de-register non-compliant devices, mainly iPhones since Apple is yet to allow DND on the App Store. Jul 20, 2018
multiplex association of india, cap on cinema ticket prices, karnataka govt puts cap on film ticket prices, pvr ticket prices, inox ticket prices

Multiplexes and movie theaters in Hyderabad ordered to sell snacks at MRP

Movie theatre owners have been directed to display prices of all packaged goods to be sold at MRP. Sales of unpackaged popcorn will be regulated as well, by introducing universal weight measurement for all multiplexes and single-screens. Jul 19, 2018
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