Economy News

Tokenised card transaction

The new credit and debit card tokenization rules from the Reserve Bank of India (RBI) will be in effect as of October 1.

posted by V.P.Nimbalkar 2nd Oct 2022

DRAFT INDIAN TELECOMMUNICATION BILL, 2022

The Department of Telecommunications (DoT) released the draught Indian Telecommunication Bill, 2022 in an effort to replace rules controlling the telecom industry from the British era.

posted by V.P.Nimbalkar 23rd Sep 2022

Draft Telecom Bill

The Indian Telecommunication Bill, 2022, a draft that the Union government released, contains several significant revisions. These modifications include clauses that exempt financially troubled operators from paying fees and include over-the-top services like Netflix, WhatsApp, and Zoom in the definition of telecom services.

posted by V.P.Nimbalkar 23rd Sep 2022

Semiconductor PLI

Recent modifications to the Rs 76,000 crore semiconductor Production Linked Incentive (PLI) scheme were approved by the Union Cabinet. Companies are given incentives under the PLI scheme to improve their domestic manufacturing.

posted by V.P.Nimbalkar 22nd Sep 2022

DIGITAL LENDING

The governor of the Reserve Bank of India (RBI) raised concerns about online lending.

posted by V.P.Nimbalkar 21st Sep 2022