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Indian News

Social media platforms’ staff not been threatened of jail term: IT Ministry

Reacting to reports that alluded to Facebook, WhatsApp and Twitter employees being threatened with jail term, the Ministry said social media platforms are “obliged to follow the laws of India and the Constitution of India, just like all other businesses in India have to.”
“The government welcomes criticism and dissent. However, of late, repeated instances of abuse of social media to foment hate, discord and violence by terrorist groups from outside India and circulation of morphed images of women, revenge porn posing threat to the safety of users especially women users have become grave concerns,” it said.

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FPIs pull out Rs 7,013 cr from Indian markets so far this month

In contrast, they had pumped in Rs 23,663 crore in Indian markets in February and Rs 14,649 crore in January, on net basis.

“The flows into the equity markets have moderated significantly in the recent times, which could be largely attributed to profit booking as markets continue to be at elevated levels,” said Himanshu Srivastava, associate director – manager research, Morningstar India.

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