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Top Court To Hear Plea Seeking Regulation On UPI Platform Data On Monday

-NDTV.com/ PTI The matter came up for hearing before a Supreme Court bench comprising Chief Justice SA Bobde and Justices AS Bopanna and V Ramasubramanian which listed it for hearing next week. New Delhi: The Supreme Court has said it would hear on November 23 the plea filed by Rajya Sabha MP Binoy Viswam seeking direction to the RBI for framing regulation to ensure that data collected on UPI platforms is not...

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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

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Tech Platforms Feel the Heat -CP Chandrasekhar

-NetworkIdeas.org In a move that was expected, the US Justice Department has filed an anti-trust lawsuit against internet search giant google, alleging that it resorts to anti-competitive practices to ensure its dominance in the search engine space and, through that, over the related online advertising revenues. As a leading example the case cites the successful effort to exclude the competition through a deal, in place since 2005, in which google pays...

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google Under Fire in US for Predatory Monopoly Practices -Prabir Purkayastha

-Newsclick.in Tech monopolies are increasingly being acknowledged as a danger to people, other companies and even to democracy. The regulatory worm seems to be turning in many countries, even in the US where it had gone into hibernation. The US Department of Justice has filed a lawsuit against google-Alphabet (Alphabet is google's parent company) for a range of anti-competitive practices using its monopoly power in the search market. This is the only...

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Joint committee of Parliament summons social media giants Facebook, Twitter: sources

-PTI/ The Hindu Summoning officials of Amazon and google is also under active consideration, sources said. Social media giants Facebook and Twitter have been issued summons by a joint committee of Parliament on the issue of protection of data and its privacy, sources said on October 22. Representatives of Facebook India have been asked to appear on October 23 before the Joint Committee on the Personal Data Protection Bill, 2019, chaired by BJP...

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