Data Protection Bill: Fine of Rs 250 Crore for Data Breaches
The Indian government introduced the Digital Personal Data Protection Bill, 2023, in the Lok Sabha to safeguard private data. It includes penalties of up to Rs. 250 crore for data breaches. Digital platforms must obtain explicit consent from users before processing their data and allow them to withdraw consent anytime. Exceptions to consent include medical…
Yash Sharma
IT Sector, Oil & Gas And Others Saw Fluctuations In Jobs
July 2023- The IT sector of India witnessed a sharp decline in employment opportunities. The overall drop in new jobs recorded 46 per cent compared to the previous year, according to the Naukri JobSpeak Index released on Tuesday. Even the job posting for White Collar jobs in July stood at 2,573, which is 8 per…
The Booming Indian Healthcare Industry: Unveiling the Power of Medical Tourism
Emma (30), a woman from New York, was struggling with Coronary Artery Disease (CAD) for 2 years. Despite consulting numerous doctors and specialists, she couldn’t find a satisfactory solution within her budget as it is one of the most expensive treatments in the US. Frustrated and determined to explore alternative options, Emma stumbled upon an…
Jio BlackRock: New Investment Solutions for India’s Investors
BlackRock and Mukesh Ambani-led Jio Financial Services (JFS) have announced a strategic collaboration to venture into India’s asset management space. The partnership aims to create a 50:50 joint venture named “Jio BlackRock,” combining the strengths and reputable brands of both companies to provide tech-enabled access to affordable and innovative investment solutions for millions of investors…
Ways to Boost Hospital Cyber Security
On November 23, 2022, when the All India Institute Of Medical Science (AIIMS) institute’s entire data security structure explosed to a ransomware cyber attack initiated by Chinese hackers, it set alarm bells ringing for precautions to protect hospitals from malware, phishing, ransomware, and malicious cyber activities. According to reports, the attack could have exposed around…
Tata Motors’ Remarkable 52-Week High on BSE
Tata Motors’ DVR share price witnessed a remarkable surge of nearly 18% on Wednesday, reaching a new 52-week high of ₹440 on the BSE. This significant spike came in the wake of an announcement made by Tata Motors the previous day, wherein the company revealed its decision to convert its DVR shares into ordinary shares….
Business Trifecta: From New Launch to Bankruptcy
Here is the top business news for the day. JioBook: The Ultimate Learning Partner – Launching July 31! Reliance Jio is gearing up to launch the JioBook laptop on July 31, as hinted by an Amazon teaser. Touted as the “ultimate learning partner,” the JioBook aims to cater to users of all ages, addressing productivity,…
L&T’s Historic Move: Share Buyback & Dividend Plan for FY2024
In a historic move, Larsen & Toubro, the renowned engineering and infrastructure conglomerate, has announced its intention to seek approvals from shareholders for a share buyback and a special dividend for FY2024. This marks the first time in the company’s 85-year history that it will initiate a share buyback program. The decision was made public…
Urban Poverty Declines in India: Niti Aayog’s Progress Review
India has made significant strides in reducing multidimensional poverty, according to the ‘National Multidimensional Poverty Index: A Progress Review 2023’ released by the Niti Aayog in New Delhi on July 17, 2023. The report reveals that the country has witnessed a remarkable decline of 9.89 percentage points in the number of multidimensionally poor individuals, dropping…
GST Council Announces Key Decisions: A closer look
In a significant development aimed at fostering cooperative federalism and enhancing the simplicity of India’s tax regime, Finance Minister Nirmala Sitharaman chaired the 50th GST Council meeting in New Delhi on 11th July 2023. The meeting witnessed the presence of esteemed dignitaries, including MoS (F) Pankaj Chaudhary, Revenue Secretary Sanjay Malhotra, Chairman CBIC Vivek Johri,…
