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BUSINESS NEWS & PRESS RELEASE 

RBI sticks to October 15 deadline for data localisation

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The RBI will not relax the October 15 deadline for global financial technology (fintech) companies to comply with its data localisation norms in the public interest, according to sources.The central bank in April gave six months time to global payment companies to store transaction data of Indian customers within India. The RBI’s data localisation norms will kick in from Monday.However, the US wants to prohibit data localisation to ensure free flow of information across borders. “We want to have prohibitions on data localisation to ensure free flow of information, free flow…

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India complete Windies rout as Umesh takes maiden 10-wicket haul

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A clinical India completed one of the most ruthless clean sweeps in recent times, demolishing a listless West Indies by 10 wickets in the second Test, inside three days, to clinch the series 2-0 on Sunday.Umesh Yadav’s maiden 10-wicket haul (6/88 and 4/45) on a decent track was the highlight as India reached the meagre victory target of 72 in 16.1 overs, courtesy unbeaten partnership between openers Prithvi Shaw (33) and KL Rahul (33).While any Test series victory is welcome, it hardly was an ideal preparation for the big away-series…

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ENTERTAINMENT NEWS CATEGORIES 

It is important to handle the #MeToo movement responsibly: Kriti Sanon

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Kriti Sanon Sunday praised women for sharing their stories of sexual harassment in the wake of the #MeToo movement and said the fear which is being instilled in the offenders, courtesy the campaign, is a welcome change. The actor said she hopes the movement is here to stay “but we need to make sure this does not get diluted.” “It takes a lot of courage for a girl to come out in the open and talk about her #MeToo story and hats off to the ones who have spoken up. Thanks to…

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NEWS CATEGORIES WORLD NEWS 

Trump wants people to come to US on basis of merit

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President Donald Trump has said that he wants people with merit to enter the United States, a move that can help technology professionals from countries such as India. “I’m very tough at the borders. We’ve been very tough at the borders. People have to come into our country legally, not illegally. Legally. And I want them to come in on merit,” Trump told reporters at the White House on Saturday. Responding to a series of question on illegal immigration, the president reiterated that he wants people based on merit, a…

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NATIONAL NEWS NEWS CATEGORIES 

PM has much to hide about Rafale deal: Cong

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Continuing with its campaign against the government over the Rafale deal, the Congress Sunday claimed that Prime Minister Narendra Modi was directly involved in it, adding that he had much to hide about it.Questioning Modi’s silence over the deal, senior Congress leader Anand Sharma claimed that only the prime minister was aware that the offset contracts would not be given to Hindustan Aeronautics Limited (HAL).”It was his (Modi’s) decision. Only he was privy to what he was going to do,” Sharma said, addressing a press conference at the party office…

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LEGAL NEWS NEWS CATEGORIES 

Victim can also file appeal in criminal case, says SC

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In a historic verdict, the Supreme Court on Friday ruled that besides the State, a victim of a criminal offence can also file an appeal under the Code of Criminal Procedure (CrPC) in superior courts challenging acquittal of the accused without prior nod of the appellate court. In a 2:1 majority judgement, a three-judge bench headed by Justice M B Lokur held that section 372 of CrPC (which deals with provision of appeals in criminal cases) has to be given “realistic, liberal, progressive” interpretation to benefit the victim of an…

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ENTERTAINMENT NEWS CATEGORIES 

Anurag Kashyap steps down as MAMI’s board member

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Filmmaker Anurag Kashyap Wednesday said he has decided to step down as the board member of Mumbai Academy of the Moving Image (MAMI). The 46-year-old director has been a member of the MAMI board ever since it was set up.Kashyap, who has been accused of shielding director Vikas Bahl in an alleged sexual harassment case, said he will come back only after clearing his name. “In the light of the current events, I have decided to step back from my duties as a board member from MAMI until the shadow of…

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Real Kashmir: Changing the goalpost in Valley for better, ‘jaldi jaldi’

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“I learned all about life with a ball at my feet,” was Brazil legend Ronaldinho’s take on what football meant to him. And it’s a sentiment that Real Kashmir FC would probably identify with after adjusting to the valley’s “curfews and cordons” courtesy the ‘beautiful game’. The first club from Jammu and Kashmir to qualify for the I-League is slowly building up to that dream debut on the big stage when they take on Churchill Brothers on November 6 at home turf.”We can be the positive story coming from Kashmir. I…

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BUSINESS NEWS CATEGORIES 

Will cause third World War if I join politics: Indra Nooyi

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 PepsiCo’s India-born former CEO Indra Nooyi has said she would cause a third World War if she joins politics as she is too outspoken .Asia Society, a non-profit organisation that focuses on educating the world about Asia, honoured 62-year-old Nooyi Tuesday with the ‘Game Changer of the Year Award’ here in recognition of her business achievements, humanitarian record and advocacy for women and girls around the world.Asked if she would like to join US President Donald Trump’s Cabinet now that she has stepped down as Pepsi CEO, Nooyi said, “Me…

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NEWS CATEGORIES WORLD NEWS 

China ‘seriously challenging’ Taiwan peace: Tsai

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Taiwan’s President Tsai Ing-wen accused China of “seriously challenging” peace and stability Wednesday, describing the island she leads as being on the frontline of tensions in the Pacific.It comes as Beijing pursues a multi-pronged attack on any claims to sovereignty by self-ruled democratic Taiwan, which it sees as part of its territory to be reunified, by force if necessary.Relations between Beijing and Taipei have deteriorated since Tsai took office two years ago, as she refuses to acknowledge that Taiwan is part of “one China”. “As Taiwan is on the frontline…

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