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RBI increases UPI and recurring transaction limits for certain categories

The Reserve Bank of India (RBI) on December 8 announced the following changes in limits for UPI and recurring transactions: UPI transaction limit is now ₹5 lakhs for medical and education services: “To encourage the use of UPI for medical and educational services, it is proposed to enhance the limit for payments to hospitals and educational institutions...

Fri Dec 8, 2023 14:11
The Quantum Hub discusses concerns on age verification and children’s data processing under India’s data protection law

On December 6, public policy research organization The Quantum Hub conducted a panel discussion on the issues pertaining to the processing of children’s data under the Digital Personal Data Protection Act (DPDP) 2023. Under the DPDP Act, platforms cannot process the data of anyone under the age of 18 before obtaining verifiable parental consent from...

Fri Dec 8, 2023 14:11
India’s central bank to set up cloud facility for financial sector

The Reserve Bank of India (RBI) on December 8 announced that it is establishing a cloud facility for the financial sector in India. “Banks and financial entities are maintaining an ever-increasing volume of data. Many of them are utilising various public and private cloud facilities for this purpose. The Reserve Bank is working on establishing a cloud...

Fri Dec 8, 2023 14:11
Navigating the Complexities of Open Source AI: Insights from Carnegie India Summit

“Most economists will agree that open source software is a digital public good because it meets the definition, the economist definition of what is a public good,” Public Policy Director at Meta Sunil Abraham said during Carnegie India’s Global Technology Summit that took place in Delhi between 4-6 December. Abraham said this while addressing the debate...

Fri Dec 8, 2023 13:26
Supreme Court Dismisses Plea by Foundation for Media Professionals on Internet Shutdowns

The Supreme Court of India on December 7 refused to accept a plea by journalists’ group Foundation for Media Professionals (FMP) seeking government compliance with the guidelines for internet shutdown laid out in the Anuradha Bhasin judgment, according to a report by Livelaw. Livelaw reported that senior advocate Nakul Dewan, appearing for FMP, raised...

Fri Dec 8, 2023 13:26
Public Spaces and Private Rights: The ‘Humanity’ Mural Copyright Controversy

Can street art be copyrighted? What about murals in public places? If either of these questions intrigue you, there’s an interesting copyright battle for you to follow at the Delhi High Court regarding a mural painting titled ‘Humanity.’ St+Art India Foundation – a non-profit organization invested in incorporating art in urban spaces – along with Paola...

Fri Dec 8, 2023 11:55

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