BUSINESS
Online betting ads: Govt to introduce norms to adhere to Code to Advertising in IT Rules
The move comes after the government sent multiple advisories to platforms urging them not to host advertisements of online betting entities
BUSINESS
Illegal loan apps: MeitY urges RBI to design more detailed KYC to ensure traceability
Ministry of Electronics and Information Technology has recommended that Reserve Bank of India design a detailed Know Your Digital Finance App (KYDFA) process that companies have to undertake before they access the Indian banking system
BUSINESS
MeitY committee recommends govt to set up $2.5 billion semiconductor research centre
The government envisions India Semiconductor Research Centre as a world-class research institution focusing on semiconductor processes, advanced packaging, compound semiconductors and Fabless design and EDA tools
BUSINESS
Import authorisation norms will not lead to laptop, tablet and PC price rise: MeitY secretary
Officials of the Ministry of Electronics and Information Technology and Directorate General of Foreign Trade said import authorisation requests will not be rejected for now, and the data will be studied before further decisions are taken
BUSINESS
ISRO alum's space tech startup aims to tackle ocean surveillance with satellite data
Piersight aims to launch a number of specialised imagery satellites that scan the oceans in real time
BUSINESS
Inside India’s grand artificial intelligence plan to add $967 billion to economy
From designing AI chipsets to developing applications in agriculture and health, a government-appointed group of experts have come out with a strategy to help boost India in the AI race
BUSINESS
Agnikul Cosmos secures $26.7 million for increased capacity and bi-monthly commercial launches
In 2020 Agnikul Cosmos signend an agreement with Indian Space Research Organisation granting the startup access to the space agency's expertise and facilities
BUSINESS
IT ministry asks YouTube to use 'unverified' disclaimer on fake news channels
The government has asked social media platforms to submit an action note on how they are dealing with fake news within 10 days.
BUSINESS
Dhruva Space to build 2.8 lakh sq ft satellite infra manufacturing facility in Hyderabad
Dhruva Space expects to finish the construction of the first phase of the manufacturing plant in the next 18-24 months
BUSINESS
IndiaAI: AI working group recommends govt to monetise sharing of non-personal data
The 2022 Draft India Data Policy suggested monetising data sharing but the government dropped the idea amid criticism that the idea conflicted with open government data principles
BUSINESS
Net neutrality: Entrepreneurs hit back at COAI for terming startups' letter to TRAI as 'misinformation'
In recent weeks, there has been a heated dispute between startups and telecommunications companies regarding the telcos' suggestion to impose a network fee on over-the-top (OTT) firms
BUSINESS
Net neutrality: Telcos ask TRAI to reject startups' submission
The Cellulars Operators Association of India (COAI) called the startup founders' letter to TRAI on net neutrality 'propaganda activism,' while Save the Internet accused COAI of trying to 'misdirect' TRAI.
BUSINESS
Global space industry players are eyeing Indian market, says IN-SPACe chairman Pawan K Goenka
Space regulator Indian Space Promotion and Authorisation Centre chairman Pawan K Goenka also said that the regulator will be driving application of home grown navigation system NavIC by developing use cases and urging industry to adopt them
BUSINESS
Peak XV says Indian founders should win IAMAI elections on merit, don’t need quotas
Sources said that Peak XV, represented by Chief Public Policy Officer Shweta Rajpal Kohli, has voiced its concerns at a meeting of the tech lobby group where the resolutions were adopted
BUSINESS
IAMAI reserves leadership, 50% of governing council seats for Indian companies
During IAMAI's EGM on October 10, Members of the body's governing council also passed a resolution reserving the top 3 positions in the industry body for Indian companies
BUSINESS
India's space economy to touch $44 billion by 2033, says IN-SPACe Chairman Pawan Goenka
Space regulator Indian Space Promotion and Authorisation Centre also estimates $22 billion investments in the Indian space sector by 2033 and $11 billion exports
BUSINESS
French astronaut Pesquet dreams of flying to outer space with an Indian astronaut
French astronaut Thomas Pesquet mentioned that during his time in space, he captured multiple photos of India.
BUSINESS
ISRO sets sights beyond 'Earth system' after Chandrayaan-3 success, aims exploration of planetary systems
Indian Space Research Organisation Chairman S Somanath said that the government is interested in bringing more foreign investment in the space sector, and for that, the FDI policy for space will be released soon
BUSINESS
MeitY, MIB sent blocking orders to X (Twitter) on viral video of Muzaffarnagar teacher
The viral video from Muzaffarnagar in Uttar Pradesh showed a teacher showering communal remarks on a seven-year-old Muslim student and goading his classmates to thrash him
BUSINESS
Quantum leap: C-DAC to develop indigenous chip for quantum computing
The Centre for Development of Advanced Computing (C-DAC) is looking for a startup who can develop a general quantum chip capable of being used in research and other applications.
BUSINESS
New import authorisation system for laptops, PCs, tablets now open for companies
With the industry set to start applying for import clearance for laptop, PCs, and tablets, the fee for such authorisations is expected to be between Rs 1,000 and Rs 1 lakh
BUSINESS
Upcoming Digital India Bill may reinforce TRAI's net neutrality regulations
The bill may make it mandatory for intermediaries to comply with the Prohibition of Discriminatory Tariffs for Data Services, a piece of regulation that was brought in by TRAI to uphold net neutrality principles in India
BUSINESS
Digital India Bill: Govt may ban new tech if it poses a risk to users, country
To stop a developer or a publisher of a new and emerging technology from deploying it despite not getting the necessary clearance, the government is likely to bring in provisions of penalty against both stakeholders, Moneycontrol has learnt
BUSINESS
Digital India Bill may bring in guardrails against AI algorithms, offer opt-out rights
The bill may make it mandatory for bodies to explain to citizens the rationale behind a decision taken by an algorithm, and how it arrived at the decision by processing of which particular user data
