There’s no straight line between data localization and the magical development of AI prowess
4 min read3 Sep 2019Regulator says copy of local data can be stored abroad in foreign leg of dealsData stored in India should include end-to-end transaction details and info about payment transactions.
2 min read27 Jun 2019Currently, there is no current country-specific limit on H-1B work visas granted each yearIt is estimated that estimated 70% of H-1B work visas go to Indians professionals
3 min read20 Jun 2019We must ensure that this “national asset” (data) belongs to the people of India — to the very individuals whose information it is
1 min read8 May 2019Last year, RBI asked payment firms to ensure their data are stored exclusively on local serversMastercard’s Miebach said that Mastercard is still working on how to ensure the Indian data is protected
1 min read18 Mar 2019Need to collectively act against data colonisation: RIL chairman and MD Mukesh Ambani at the Vibrant Gujarat summit
1 min read18 Jan 2019UPI has picked up pace in 2018. It is yet to be seen how the interoperability will work in wallets.
1 min read23 Dec 2018Ambani said that data of an individual or business belongs to them and not to corporates who could use it to monetise from them.
2 min read19 Dec 2018Mastercard is operating in over 200 countries, and nowhere else it has been asked to delete data from global servers
2 min read16 Dec 2018Visa and Mastercard, however, are still in talks with RBI to seek a relaxation of rules on storing data on older transactions
2 min read31 Oct 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared