BUSINESS
Digital Competition Bill can derail MSME ecosystem, say small and medium businesses
Members of India SME Forum, the largest association of SMEs in India, were not only concerned with the immediate impact of the Bill, but also felt that it could be a deterrent for India’s Viksit Bharat goals.
BUSINESS
DPDP: Rules of data protection act likely to be out by end of ongoing Parliament session for consultation
The upcoming rules may bring in exemptions for certain institutions from restrictions on processing of personal data, put onus on data fiduciaries to immediately inform data protection board in case of breaches and so on
BUSINESS
MC Explains: How India's new broadcast bill could affect influencers like Dhruv Rathee and BeerBiceps Ranveer Allahbadia
The draft law proposes to place influencers and content creators under government oversight.
BUSINESS
MeitY raises alarm over data breaches impacting trust in DPI initiatives
Distrust around India's DPI arises from privacy and security concerns. Issues include data breaches, unauthorised access, and potential misuse of the biometric and demographic data collected.
BUSINESS
India's laptop import policy tangled as Centre debates manufacturer, consumer concerns
The Commerce Ministry and MeitY are seemingly in a bind over the way ahead for the import policy as the country looks to balance concerns around price pressures on consumers and the need to boost local manufacturing and reduce dependency on inbound shipments.
BUSINESS
MeitY worried about the Big Tech 'making people vulnerable', flags spike in data usage
The government identified Google, Uber, Alibaba, Airbnb, Facebook and Amazon among the Big Tech players driving increased data consumption
BUSINESS
IN-SPACe invites industry to build and manage satellite system under PPP model
Through the proposal, IN-SPACe is looking at Indian companies to design, build, and establish constellation of satellites in Low Earth Orbit having a combination of sensors including panchromatic, multispectral, hyperspectral and microwave.
BUSINESS
IIT-Kanpur professor among astronomers to discover 'Super Jupiter' outside our solar system
Dr Prashant Pathak is among the team of astronomers have to discovered Epsilon Indi Ab, also called 'Super Jupiter' as its mass is more than six times that of Jupiter, the largest planet of our solar system
BUSINESS
Rs 1,000-crore VC fund for space economy will give boost to entrepreneurs, pvt players: IN-SPACe chairman Pawan Goenka
Finance Minister Nirmala Sitharaman announced the Rs 1,000 crore VC fund for space economy with the objective of expanding the ecosystem by 5 times in the next 10 years
BUSINESS
Uncertainty in job sector, impact on environment: Five important points that Economic Survey makes on AI
While referring to studies, the Economic Survey 2023-2024 said that artificial intelligence is likely to restrain growth for business services progressively and, therefore, may pose a challenge to long-term sustainability and job creation
BUSINESS
Bengaluru drone start-up Aereo raises $15 million in Series B funding
Vipul Singh, CEO of Aereo, stated that the new funds will be used for R&D, product development, and business expansion in India and overseas.
TECHNOLOGY
Govt’s digital operations remain unaffected amid global Microsoft outage: sources
A senior government official said that National Informatics Centre, which provides ICT infrastructure to Central and State governments, does not use Crowdstrike's security solution -- the reason that is being attributed to the outage.
BUSINESS
MeitY asks social media platforms to devise methods for age verification of children
The DPDP Act defines a child as someone below the age of 18 and Section 9 of the Act mandates that such children have to be verified and parental consent will be required before processing the data of a minor
TECHNOLOGY
Stakeholders seek balance in Digital Competition Bill; overregulation concerns discussed at consultation meet
Supreme Court Justice Hima Kohli, who was a part of the roundtable discussion, urged to "carefully consider concerns" of the industry and ensure that the ecosystem remains competitive, without deterring innovation
TECHNOLOGY
Apple spyware threat notification: Govt may put onus on citizens to prove breach
In November 2023, Apple sent threat notifications to several Opposition MPs and journalists, sparking political controversy and prompting the government to send a notice to Apple, involve CERT-In, and seek clarification
TECHNOLOGY
Govt to enhance Bhashini platform with advanced AI for multilingual digital interactions
The Ministry of Electronics and Information Technology is set to upgrade the Bhashini platform with AI-driven multilingual support for seamless voice and text interactions
TECHNOLOGY
Center looking to give AI boost to drone-enabled rural land mapping programme
The government is looking to deploy AI for automatic extraction of data for features such as boundaries of properties and road networks as part of the SVAMITVA scheme
TECHNOLOGY
ideaForge reduces reliance on imports for drone production, boosts R&D spend
ideaForge faces challenges entering the competitive US market due to strong incumbents and entrenched platform preference, however CEO Ankit Mehta notes that geopolitical changes have made conventional platforms less accessible, prompting a search for diversified fleets
TECHNOLOGY
IT Ministry reviews Digital Competition Bill inputs amid business rule allocation deliberations
The Digital Competition Bill brings in additional obligations for companies if they meet certain specific thresholds such as global turnover, number of business users and so on
TECHNOLOGY
Affordable ChatGPT access, increasing Indian language support key goals in India: OpenAI VP Srinivas Narayanan
Srinivas Narayanan said that OpenAI is open to assisting India and its AI mission.
TECHNOLOGY
US-Based SERA bullish on ties with space tech startups, all-Indian astronaut missions
The Space Exploration and Research Agency (SERA) said that candidates and voters have to go through a KYC verification process to ensure that the candidates and the votes polled are legitimate
TECHNOLOGY
Digital India Bill likely to be delayed, government may opt for smaller, urgent regulations
Instead of a comprehensive bill for the entire technology ecosystem, which will require wider consultations, the government is examining if it should it introduce smaller, issue-specific legislations
TECHNOLOGY
Dhruva Space's satellite to carry French IoT connectivity provider Kineis' payload in late 2025
The two companies will also work on introducing Kineis' satellite-based Internet of Things (IoT) connectivity to the Indian market
BUSINESS
MC Interview: Component scheme, notifying DPDP rules are priorities: MeitY Secy S Krishnan
Moneycontrol sat down with MeitY Secretary S Krishnan to take stock of what the government’s immediate and long-term priorities are — from data protection to AI chips
