Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
The government on Tuesday signed a pact with the Paris-based IEA for strengthening cooperation in the field of data and research and for enhancing global energy security, stability, and sustainability
The European Union moved closer to a clinching a revamped deal over transatlantic data transfers aimed at resolving concerns about U.S. spying with a draft decision that confirms comparable safeguards to those in the EU, which has stringent privacy rules. The EU's executive Commission released its draft decision approving the pact Tuesday, which follows a breakthrough preliminary agreement in March between Brussels and Washington to resolve a yearslong battle over the privacy of EU citizens' data that businesses routinely store in the U.S. That breakthrough was hailed by business groups, which said it will provide certainty to thousands of companies, including tech giants like Google and Facebook, sending data between Europe, which has stricter data privacy regulations, and the comparatively lax U.S., which lacks a comprehensive federal privacy law. Frictions over the transfers had raised the prospect that companies might need to keep European data out of the U.S. We are now confid
India's G-20 Sherpa Amitabh Kant on Tuesday pitched for the dissemination of data by the government in a granular form and said that sharing aggregated information is "not good". Addressing the G-20 development working group meeting here, Kant said data is a key aspect to help any country meet her developmental goals and added that India has benefitted from the same. Stressing on the importance of ensuring quality of data, the former civil servant who till recently worked as the chief executive of the government think-tank Niti Aayog made the reference to data aggregation practices by the government. "Government data are provided as aggregates, which is not good. We should break down the aggregation," Kant said. He said many a time, the quality of the data is also very poor and "we need to ensure that the data is de-cluttered, presented in a simplistic way and it is not difficult to navigate". "Quite often in government, we feed garbage and you get garbage and you feed our garbage
But it should provide the foundation over which you should be able to build any other regulation required for a particular sector, the minister said
India in February published a draft data policy for public consultation saying all data collected, stored by government ministries and departments will be open and shareable barring exceptions
Data Free Flow with Trust (DFFT), a proposed guiding principle for international cooperation on data flows, is moving into the implementation phase
Apart from the data made available free of cost, data which is chargeable should be appropriately identified as such in public domain: Sebi
In what seemed like a jibe at Apple's privacy policy, search engine giant said other platforms have bluntly restricted tech used by advertisers and developers
What's the govt's strategy of privatising PSU banks? How will the market perform in December? Are govts transparent with Covid-data? How serious is Norovirus infection? Find all answers here
It wasn't until the announcement of nationwide lockdown that the centre and state govts started publishing Covid-updates on websites. Even that has been uneven across states. Here's the real picture
The fine comes weeks after Amazon.com Inc. was hit with a record 746 million-euro penalty in Luxembourg, where it has its European base
In July, the European Court of Justice invalidated the 2016 Privacy Shield, saying that EU digital privacy laws were at risk of being violated under the agreement, which allows data sharing with US
Facebook and Instagram have over 410 million combined users in the EU region
India and USA are already at odds on such issues, as well as over digital taxes and tariffs
The government had come out with the 'Bulk Data Sharing Policy & Procedure' policy last year, saying it was to support the automobile industry
MeitY secretary Ajay Sawhney is heading the empowered group on technology and data management during Covid
Facebook global affairs V-P says India must push free flow of information
New York state Attorney General Letitia James released a statement announcing the action on behalf of seven other states and the District of Columbia
Chambers said the onus is on the tech industry, especially the large companies, that deliver on both job creation and help meet the "legitimate needs of countries and government".
Sebi is already part of several inter-agency panels, including the Supreme Court-appointed committee on black money