Govt says that online money gaming has provided channels to facilitate money laundering, fraudulent financial transactions, and use of gaming platforms for illicit activities, including cybercrime and terror incitement
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Investors are scrutinising early traction more closely as enterprise AI spending on pilots surges, but much of it may be short-lived
The CCPA has imposed a ₹10 lakh penalty on Rapido for running deceptive campaigns that promised assured rides or ₹50 in compensation. Investigations revealed the payout was limited to Rapido coins with short validity, making the offer misleading
The blanket ban on real-money gaming has set the stage for a courtroom showdown, with the industry preparing constitutional, economic and federalist challenges to defend a sector worth billions
Professor Shukla, one of India’s top cybersecurity experts who works with financial institutions like the RBI, NPCI and Kotak Mahindra, spoke with Outlook Business about the evolving nature of cyber threats and how the shifting geopolitical landscape makes sovereign technology increasingly important
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From NSE to Chennai Super Kings, retail money is piling into unlisted shares, but opaque pricing, and lack of regulations, risks getting stuck for years
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The Defence Secretary said the MoD is moving away from the “nomination” system, which created monopolies by mandating orders through specific public sector units
