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FSSAI launches project to address microplastic contamination in Indian food
In a recent report, the Food and Agriculture Organization (FAO)...
Indian biz need to align cyber security budgets with growth objectives, says Kaspersky
Adrian Hia, Managing Director, APAC, Kaspersky In India, malware...
Indian Insurance industry has recovered, pays Rs 9,000 crore Covid-19 pandemic claims :IRDAI Chief
While stressing the importance of Customer Data privacy, Khuntia added that the usage of data beyond a point of granularity should be avoided and insurers should not deny a coverage to the people on the ground, which is not under the control of the customers.
He was addressing a seminar on the theme of “Navigating Uncertainty: Insight-Driven Innovation “ organized by National Insurance Academy, in association with Swiss Re, on Friday.
Govt plans two-day halt in vaccinations for software upgrade to widen campaign
“The countrywide vaccination exercise is being exponentially expanded,” the ministry said in a statement, adding that a new version of its Co-Win digital platform was being rolled out at the weekend.
Co-Win, wrapped into a government mobile telephone app, is being widely used to fix vaccination appointments, allow health authorities to monitor supplies and download proof of immunisation.
India tightens regulatory grip on Facebook, WhatsApp with new rules
India is the largest market by user numbers for both Facebook and WhatsApp.
The new rules issued by the government, called the Intermediary Guidelines and Digital Media Ethics Code, will be legally enforceable.
They will require big social media companies to set up a grievance redressal mechanism and within three months appoint new executives to coordinate with law enforcement.
Trading on India’s largest stock exchange halted by telecom breakdown
“The NSE outage is unfortunate, especially for this long. Global exchanges should have adequate backups to ensure that even if there is an outage it’s restored fast,” said Sandip Sabharwal, a Mumbai-based fund manager.
“Asian markets saw a significant crash on Wednesday, and at such times, price discovery real-time becomes even more important.”
RBI concerned over impact of cryptocurrency may have on financial stability: Das
”We have certain major concerns about cryptocurrencies. We have communicated them to the government. It is under consideration in the government and I do expect and I think sooner or later the government will take a call and if required Parliament also will consider and decide,” Governor Shaktikanta Das said .
India plans new social media controls after Twitter face-off
The latest draft rules – which would be legally enforcable -say companies should remove content as early as possible, but not later than 36 hours, after a government or legal order.
They must also assist in investigations or other cyber security-related incidents within 72 hours of a request. Further, if a post depicts an individual in any sexual act or conduct, then companies must disable or remove such content within a day of receiving a complaint, the rules added.
Indian traders face ‘absolute havoc’ as bourse suffers four-hour outage
At 11:40 a.m., the NSE shut down completely for trading, leaving traders wondering what would happen to their open positions.
The incident occurred just ahead of the monthly derivatives expiry on the last Thursday of the month, when traders close or roll over their open positions.
“This was an unmitigated disaster because you need to communicate this proactively. Not one person in the market knew they would shut down the exchange,” Varun Khandelwal, director at Bullero Capital, a New Delhi-based proprietary trading firm.
Online platforms emerging as preferred marketplace for vehicle buyers: Survey
But the pandemic notwithstanding, more than half the people surveyed (54 per cent) were keen to buy a vehicle in 2021 as against one-third (34 per cent) of the respondents who had decided not to make any such purchases this year, it said, adding, the interest in buying vehicles during the pandemic can be explained by the necessity of personal mobility.
India 2nd biggest target of cyber criminals in Asia Pacific in 2020: IBM
Uber’s U.K. Court loss spells a reckoning for Gig work in Europe
“It wasn’t just about Uber, it was about the gig economy,” Rix said. “It’s a bogus, false model of employment, and it’s wrong and people are being exploited.”
The decision nevertheless opens the way for additional claims — and not just from Uber drivers. Those making deliveries for companies like Amazon.com Inc., which uses third-party services that employ freelance workers, as well as other, smaller players, now have a clearer path for challenging the terms of working for their platforms, said Mick Rix, a national officer for the GMB union. The GMB, which has more than 620,000 members, will use the decision to take on other tech platforms, he said.