Trai, telecom companies spar over data demand

[ad_1] While Trai argues that data such as details for subscribers using specific recharge packs sought recently is essential for transparency and effective regulation, telcos have raised concerns over competitive sensitivity and the administrative burden they face for meeting those data sharing requests. This has led to a growing standoff between the two, one of…

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Mint BFSI Summit | Experts emphasize balancing innovation and regulation in India’s fintech sector

[ad_1] Mumbai: India’s fintech sector is undergoing a regulatory shift, with industry leaders emphasizing the need to balance compliance and innovation.  At a panel discussion titled Indian Fintech: Balancing Disruption and Regulation during the Mint BFSI Summit on Friday, experts highlighted the challenges and opportunities of navigating this evolving landscape. “You may be right in…

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India Inc is in a sweet spot but risks loom too

[ad_1] The economic tailwinds and improving industry conditions, however, aren’t the only factors driving earnings growth and momentum across India’s corporate space.  Also helping the cause are rising cash flows, prudent balance sheets and falling leverage. This is despite several companies, across sectors, spending more on capital expenditure and energy-transition initiatives. Alongside improving earnings and…

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India’s digital protection bill promotes competition and user interests

[ad_1] In India, this has significant implications for the debate on the draft digital competition law, which aims to promote user freedom, competition, innovation and consumer empowerment by allowing the use of third-party apps on Core Digital Services. Big Tech’s dominance in the global digital marketplace, particularly through its app store policies, has faced scrutiny…

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KYC exists to prevent fraud and not to make people miserable

[ad_1] More recently, as public and private banks accelerated their growth trajectory, this methodology of social reputation certification was no longer feasible.  Additionally, with the advances in digital public infrastructure (mobile internet, Aadhaar, UPI, etc) and programs such as Jan Dhan Yojana, India undertook the massive exercise of getting a bank account for all eligible…

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Other developing countries needn’t reinvent the wheel of digital governance

[ad_1] This one-sided conversation marked the start of a communication revolution that continues to evolve, with steady improvements that have extended the geographical and spatial boundaries within which our conversations take place. While the first conversation took place between devices connected to each other with a single wire, as more and more households acquired these…

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