The Economic Times

SEARCHED FOR:

MEITY

Agencies may need court order to trace social media messages

Social media intermediaries — with more than 5 million registered users — have to trace the original sender of a message when asked by a government agency armed with an order from a judicial magistrate court or a higher court.

MeitY fails to notify online content rules

Ministry may notify guidelines before the next hearing of the case in the top court which is expec...

Govt launches award to laud breakthrough startups in cyber security

Registrations for the award are currently open and DSCI will be administe...

ET Prime Distribution
  • In a first such initiative, a roadmap has been prepared to promote domestic production of X-Ray machines and components whereby financial incentives will be provided to the manufacturing companies.

    Indian Cellular & Electronics Association, which has Apple, Foxconn, Xiaomi and Flextronics among its members, has flagged subsidy for machinery & equipment, cost of power, incentive for supporting industry, labour subsidy, logistics and reduction of land rentals as other disabilities India faces in comparison to rivals such as Vietnam.

    TikTok, Facebook, and YouTube will be impacted as the new rule means tougher norms for policing online content.

    The prebudget meeting on Friday was necessitated after the government waived off MDR for merchants on digital payments made through RuPay debit cards and Unified Payments Interface (UPI) devices from January 2020.

    Meity has warned that unless govt restores sops for phone exports, the $3 bn industry would collapse.

    Industry executives said consumers shifted to consuming content on their smartphones and postponed upgrade of their existing television sets in urban and semi-urban areas with the popularity of over-thetop (OTT) services like Netflix, Amazon Prime and Hotstar. In rural India, poor sentiments largely impacted demand, much like most other consumer goods.

    In a response to a question in the Lok Sabha, Sanjay Dhotre, minister of state for electronics and IT (MeitY), said that "Blockchain Technology as one of the important research areas having application potential in different domains such as Governance, Banking and Finance, Cyber Security and so on."

    Zero MDR would disincentivise banks to issue RuPay cards and they would prefer its rivals, SBI has said.

    The government has recently come up with a draft policy for software products in an effort to create boost the software products space in the country. Meity has partnered with IT industry body Nasscom for the awards.

    The ‘social media platform for startups’ will bring together existing programmes & connect firms to the right talent, mentor or VC fund.

    Accessible India campaign, launched by Prime Minister Narendra Modi on December 3, 2015, is being implemented under three broad categories — accessibility in public transport (airports, railways and road), public buildings, and information and communication technology (websites and television viewing).

    Finance Minister Nirmala Sitharaman on Saturday said that the zero MDR regime would kick in once the Department of Revenue issued a gazette notification on January 1. Top industry players say Centre’s decision on not levying merchant discount rates will make the business model unviable.

Load More...
x

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service