5G, data localisation to dominate BRICS meeting
The two-day BRICS foreign ministers is set to be held in Rio de Janeiro, Brazil. This meeting is being held in preparation for the 11th BRICS summit in November,2019. The …
Read MoreTag: Data localisation
PayPal mulls data localisation for India
American digital payments player PayPal has said that it is working with its partners on data localisation as mandated by the Reserve Bank of India(RBI). Data localisation is the act …
Read MoreU.S. will consider ‘301 probe’ on India, says trade official
Indian and United States Trade Representative(USTR) has held discussions on various trade and economic issues. Deputy USTR has said that the US will consider 301 investigation against India if the …
Read MorePayments data must be saved locally: RBI
The Reserve Bank of India (RBI) has clarified that payment system providers need to store entire payments data in a system only in India. The data should include end-to-end transaction …
Read MoreNo H1B Visa caps in retaliation for data localisation:U.S State Department
The US state department has said the US has no plans to restrict H-1B work visas for countries that force international firms to store data locally. This statement came in …
Read MoreState department reiterates Trump’s ‘fair and reciprocal trade’ message for India
The US State Department has reacted to India’s announcement of retaliatory tariffs on certain U.S. imports by reiterating U.S. President message of reciprocal trade and the strength of U.S.-India ties. …
Read MoreE-com firms take up data localisation issues with Goyal
Recently,Commerce minister has met industry stakeholders on e-Commerce and data localisation issue. During the meeting,the industry raised concerns around data localisation rules which requires storing of customer data exclusively in …
Read MorePayment service will be launched only after complying with RBI norms, WhatsApp tells Supreme Court
WhatsApp has assured the Supreme Court that only a trial run of its payments service is underway at present and that it would comply with Reserve Bank of India(RBI) norms …
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