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Firms developing new tech can avail of exemption from data privacy rules

Firms developing new tech can avail of exemption from data privacy rules

The government has proposed that companies developing innovative technologies for public good can avail of exemption from the proposed data privacy rules for a limited period.

As part of the draft Data Protection Bill, 2019, cleared by the Union Cabinet last week, the Centre has proposed the creation of a regulatory sandbox to ensure that the privacy law doesn't curtail the ability of companies, especially start-ups innovating around emerging technologies, in the initial phases.

Nirbhaya rape case: Convicts shifted to Tihar jail, likely to be hanged soon

Nirbhaya rape case: Convicts shifted to Tihar jail, likely to be hanged soon

The fourth convict in the Nirbhaya rape case has been shifted to Tihar Jail after one of the accused Pawan Kumar Gupta was moved from Mandoli jail in Delhi.

He is currently lodged in jail number 2 of Tihar, sources said. This has led to speculation that the four accused are likely to be hanged soon.

BJP confident Rajya Sabha will pass Citizenship Amendment Bill on Wednesday

BJP confident Rajya Sabha will pass Citizenship Amendment Bill on Wednesday

The BJP is confident of the passage of the contentious Citizenship Amendment Bill in the Rajya Sabha which will be introduced in the upper house on Wednesday, sources said on Tuesday.

The bill piloted by Union Home Minister Amit Shah was comfortably passed in the Lok Sabha on late Monday night as the ruling BJP enjoys a clear majority in the house.

Supreme Court to hear petitions challenging abrogation of Article 370 today

Supreme Court to hear petitions challenging abrogation of Article 370 today

The Supreme Court on Tuesday (today) will begin hearing on a batch of petitions challenging the constitutional validity of revocation of Article 370.

Article 370 guaranteed special status to the erstwhile state of Jammu and Kashmir which was abrogated by the Centre on August 5.

A five-judge bench comprising of Justices SK Kaul, R Subhash Reddy, BR Gavai and Surya Kant and headed by Justice NV Ramana will hear the case.

YES Bank hits 6-week low ahead of board meet; stock falls 24% in eight days

YES Bank hits 6-week low ahead of board meet; stock falls 24% in eight days

Shares of YES Bank declined 5 per cent to hit a six-week low of Rs 53.40 on the BSE ahead of the board meeting slated for later today to finalize and approve the details of the preferential allotment.

The stock of private sector lender was trading at its lowest level since October 29, 2019. In the past eight trading days, it has fallen 24 per cent, as compared to a 2 per cent decline in the S&P BSE Sensex.

PC Jeweller hits all-time low as CRISIL downgrade ratings to default grade

PC Jeweller hits all-time low as CRISIL downgrade ratings to default grade

Shares of PC Jeweller continued to trade under pressure and slipped 5 per cent to hit a fresh all-time low level of Rs 23.50 on the BSE on Tuesday after rating agency CRISIL downgraded its long-term and short-term ratings to the company's bank loan facilities to CRISIL D. The instruments with this rating are in default or are expected to be in default soon, as per the rating agency.

IT stocks slip; TCS, Wipro fall over 1% as rupee hits one-month high

IT stocks slip; TCS, Wipro fall over 1% as rupee hits one-month high

Shares of information technology (IT) services were trading in the red in the early trade on Tuesday as the rupee hit around one month-high against the US dollar. The domestic currency opened at 70.96 against Monday's close of 71.04.

At 09:51 am, the Nifty IT index was trading over a per cent lower at 14,977 levels with all the 10 constituents in the negative territory.

Good news! Onion wholesale prices drop at Lasalgaon APMC

Good news! Onion wholesale prices drop at Lasalgaon APMC

Good news is around the corner for consumers as wholesale onion prices at Lasalgaon, the country's largest wholesale market for the bulb, dropped to Rs 4,500 per quintal on Monday. Last week, wholesale prices had touched Rs c11,000 per quintal in some of the Agriculture Produce Market Committees (APMCs) in Nashik. Retail onion prices had crossed Rs 160 per kg and even Rs 200 per kg in some cities across the country.

Citizenship Amendment Bill: A new lease of life for the two-nation theory

Citizenship Amendment Bill: A new lease of life for the two-nation theory

Abdus Salam was a brilliant Physicist, a rare prodigy who went on to win the Nobel Prize in Physics. He was born in 1929 in Punjab in what was then undivided India. Salam can also be considered the father of Pakistan's nuclear and space programs, which he anchored till he left the country, in protest. Salam was a devout Muslim of the Ahmadi sect. In 1974, the Bhutto government in Pakistan pushed through the Parliament a resolution that declared Ahmadis to be non-Muslim.

Infosys ex-CEO Vishal Sikka gets nominated to Oracle's board of directors

Infosys ex-CEO Vishal Sikka gets nominated to Oracle's board of directors

Former Infosys CEO Vishal Sikka, who recently launched his AI startup Vianai Systems, has been nominated to the board of directors of global technology major Oracle.

Sikka, 52, is among the world's leading experts in Artificial Intelligence (AI), Machine Learning and would be helping Oracle in the business value and adapt to change, the company said in a statement.

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