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Indian mobility market to grow 2x to surpass USD 600 bn by 2030: Google-BCG report
According to the Think Mobility Report, emerging revenue pools such...
Govt amends norms to restore Aadhaar verification process for private entities
"Any entity other than the Ministry or Department… which is...
GOVT PLANS PROGRESSIVE STEPS FOR DIGITAL CURRENCIES IN INDIA: REPORT
There have been calls in India to impose stricter rules for transactions in virtual coins as an unregulated environment may push more domestic savings toward the asset class and could endanger household savings. New Delhi: India is planning progressive and...
Hybrid work model to stay in 2022 with fine tweaks, say experts
According to a survey by Nasscom and job portal Indeed, around 70 per cent of IT companies are trying to make the hybrid model work effectively. The survey found that 66 per cent of the respondents reported higher employee satisfaction working remotely. Mumbai: With...
PM chairs meet on cryptocurrency; concerns raised over money laundering, terror financing risks
''The government is cognizant of the fact that this is an evolving technology, it will keep a close watch and take proactive steps. There was consensus also that the steps taken in this field by the government will be progressive and forward-looking,'' a source said....
JPC members oppose proposal to reduce penalty amount in data protection bill
According to the bill, processing or transferring personal data in violation of the norms, is punishable with a fine of Rs 15 crore or 4 per cent of the annual turnover of the fiduciary, whichever is higher. Similarly, failure to conduct a data audit, is punishable...
Personal Data Protection Bill may be tabled in Parliament in 1st week of winter session Source
Critical data will be defined by the government from time to time. Data related to health, religious or political orientation, biometrics, genetic, sexual orientation, health, financial and others have been identified as sensitive data New Delhi: The Personal Data...
One nation, one portal to redress public grievances soon: Union minister Jitendra Singh
He said efforts are being made to integrate state grievance portals with the Centre's CPGRAMS (Centralised Public Grievance Redress and Monitoring System), an online system that mainly allows filing of complaints by people against different central government...
Fintech funding in Southeast Asia triples to record $3.5 bln this yr – report
Singapore, Southeast Asia's financial hub, accounted for nearly half of the region's deals at $1.6 billion, including six mega rounds worth a combined $972 million. The next most active was Indonesia, the region's most populous country, with $904 million raised,...
U.S. auto safety regulator awards over $24 mln to Hyundai Motor whistleblower
The payout to Kim is the first under the U.S.Motor Vehicle Safety Whistleblower Act, passed by Congress in 2015 to create a whistleblower reward program in the Department of Transportation for industry insiders who provide information to safety regulator The U.S. auto...
WTW partners with Indeez for gig workers and digital platforms in Asia Pacific
Simon Weaver, Head of Corporate Risk & Broking, Asia Pacific, and Head of Australasia, WTW said: “Prior to the outbreak of COVID-19, the International Labour Organisation estimated that 1.3 billion people were working in the gig economy in 2018 in this region. The...
Electric vehicle sales set to jump 80% in 2021: Report at COP2
In the first half of 2021, sales of passenger electric vehicles (including battery electric, plug-in hybrid and fuel cell vehicles) were 140 per cent higher than the same period in 2019, reaching seven per cent of global passenger vehicle sales. Glasgow:Passenger...