RBI Says Foreign Firms Can Process Abroad, but Must Store Data in India

Foreign payment firms can process transactions made in India outside of the country but the related data should be brought back for local storage within 24 hours.

from NDTV Gadgets - Latest https://ift.tt/2JdB6K5

Comments

Post a Comment

Popular posts from this blog

Watch: IndiGo Pilot Cheers For "The Elephant Whisperers" Stars Bomman, Bellie

In a heartwarming gesture, the crew and passengers of the flight gave a rousing welcome to Bomman and Bellie, the Oscar-winning stars of the documentary 'The Elephant Whisperers'. A video of an IndiGo pilot congratulating Bomman and Billie as they were on a flight to Ooty has now gone viral on social media. The video was shared by IAS officer Supriya Sahu and it has caught many people's attention. "Some of you might not know, that award for the best documentary at the Oscars was given to a documentary called The Elephant Whisperers and we have the main team of the documentary onboard with us. So give them a round of applause," the flight's pilot said in the clip. As the passengers shouted and cheered for them, the couple stood up and folded their hands to show gratitude. Some passengers also captured photos and videos. A text overlay on the video also reads, "Flying to Ooty with the stars of "the elephant whisperers" on board. shoutout to @ind...
Read more

TikTok Working on Parental Control Tool to Restrict Content for Teens Amid Growing Scrutiny

TikTok said on Wednesday it is developing a tool that will allow parents to prevent their teens from viewing content containing certain words or hashtags on the short-form video app, as the embattled company looks to shore up its public image. TikTok , owned by Chinese tech company ByteDance , is facing renewed scrutiny worldwide over its proximity to the Chinese government and protection of user data. The app , wildly popular among younger users, has been banned from government-owned phones in the United States, Canada and other countries due to security concerns. Like other social media apps, TikTok has also faced criticism for not doing enough to shield teens from inappropriate content. Development of the parental control feature is in the early stages and the app will consult with parenting, youth and civil society organizations to design the tool, TikTok said. It also announced new features to help users limit the amount of time they spend on the app. Accounts belonging to us...
Read more

Viral Video Shows 3,000 Engineers Queuing Up For Job Interview In Pune

In a viral video, over 3,000 engineers were seen queuing outside a Pune-based company for a recent walk-in drive targeting junior developer positions, typically sought by freshers.  The event garnered immense interest, with more than 2,900 resumes submitted. Hinjawadi, known for attracting IT talent, witnessed long queues, each hopeful engineer holding their resume.  The video, widely shared on social media, has sparked discussions about the evolving IT job market and challenges faced by young professionals. Despite Pune's vibrant IT sector, the overwhelming response for around 100 positions raises concerns about skills training, automation impact, and the need for job market diversification in India.  The incident highlights the intense competition affecting both recent graduates and experienced professionals. View this post on Instagram A post shared by job4software (@job4software) Following the viral spread of the vid...
Read more