Author: Sahiti Annam

PDP BILL India currently lacks a comprehensive data protection law. In light of the growing importance of technology-based enterprises, the Indian Parliament undertook a process to develop the country’s data protection regime. On 11 December 2019, the Ministry of Electronics and Information Technology (MeitY) submitted the draught Personal Data Protection Bill, 2019 (PDP Bill) to Parliament, which was recommended for further consideration to a Joint Parliamentary Committee (JPC). Following talks with stakeholders, the JPC issued its findings and the finalized Data Protection Bill 2021 on 16 December 2021. (DP Bill). APPLICABILITY The DP Bill applies to personal data that has…

What is Metaverse?  From Facebook’s recent decision to rebrand as “Meta” to Epic Games’ billion-dollar investment in metaverse technology to Snap’s continuous development of an augmented-reality glasses prototype, the metaverse has dominated the news this year and is certain to continue to do so. However, what is it? There is no commonly acknowledged meaning of the term “metaverse,” and many regards it as an ambiguous phrase referring to an underdeveloped future of the internet. Almost all metaverse conceptualizations involve the usage of virtual reality (VR), augmented reality (AR), and avatars that are connected via a large network. Nonetheless, there are…

WHAT ARE NFTS? NFTs are cryptocurrency-based digital assets that are usually created on the Ethereum blockchain and are freely tradable. They are typically used to establish ownership of virtual (or even physical) assets, although their specific rights vary. Whereas cryptocurrencies and most financial securities are fungible, NFTs are unique (in that they are not mutually interchangeable in the same way that cryptocurrency usually is), although the underlying asset represented by the NFT may not be. WHO IS THE OWNER? When a purchaser acquires an NFT on a work of art, he or she basically acquires a non-exclusive license to certain…

VIRTUAL DIGITAL ASSETS In 2009, Satoshi Nakamoto, a supposedly pseudonymous inventor, invented Bitcoin, the world’s first decentralized cryptocurrency. Since then, cryptocurrencies have drawn investors from all demographics. The economic and central bank conflict with cryptocurrencies is well-known. In India, the Supreme Court of India removed the Reserve Bank of India’s (RBI) prohibition on cryptocurrencies on 4 March 2020. The judgement did not provide regulatory guidance but merely rejected the RBI circular on the grounds that it violated the basic rights of persons involved in virtual currency-related companies without offering an appropriate justification. Since then, India’s growing investment base has not…

WEB 3.0 Web 3.0 (also referred to as web3) is the third iteration of the Internet, which decentralizes data in order to provide a more responsive and customized user experience. It is powered by artificial intelligence, machine learning, and the semantic web, and utilizes the blockchain security system to ensure the safety and security of your data. WEB 3.0’S KEY FEATURES The following are the major characteristics of web 3.0: · Open – It is ‘open’ in the sense that it was built using open-source software by an open and accessible community of developers and was completed in full view…

 I. Introduction Biden and Ukraine: US Vice President Joseph R. Biden, Jr., is well acquainted with Ukraine. In Kyiv, his triumph was widely celebrated. Many Kyiv saw the next four years as a chance to rebuild trust between the US and Ukraine, advance Ukraine’s reform agenda, and put a stop to Russia’s destabilization of Ukraine’s east.  The new Biden team’s first goal should be to familiarize itself with the actors in Ukraine and Zelenskyy’s inner circle (Zelenskyy’s team and ministers are not household names in Washington) and to build trust following the instability of the Trump years. Second, Western assistance…

Arunachal Pradesh Chief Secretary Naresh Kumar has urged all department heads to ensure that Deputy Chief Minister Chowna Mein’s budget pronouncements are carried out in word and spirit. The top secretary’s directive came at a meeting here on Friday to discuss the annual action plan for central and state-sponsored programmes and the fiscal year 2022-23 budget releases. Kumar urged all principal secretaries, commissioners, directors, deputy commissioners, and other senior officers to take careful notice of the policy papers, according to an official communiqué. “It is the obligation of the appropriate agency to guarantee that the budget announcement’s policy papers and…

Prime Minister Narendra Modi symbolically lay the foundation stones on Monday for three hydroelectric power projects in Himachal Pradesh with a combined capacity of 658 MW and an estimated investment of Rs 5,564 crore. Modi virtually placed the foundation stones for the 210 MW Luhri Stage-1 project in Himachal Pradesh’s Shimla and Kullu districts, as well as the 66 MW Dhaulasidh project in the state’s Hamirpur and Kangra districts, according to an SJVN statement. Modi also inaugurated the 382 MW Sunni Dam project in Shimla and Mandi districts. SJVN is implementing these projects on a build-own-operate-maintain (BOOM) basis. On the…

The Andaman and Nicobar (A&N) islands will become green as state-run NTPC Ltd prepares to invite bids for a floating micro-liquefied natural gas (LNG) facility, according to two sources. The enhanced infrastructure will allow India to implement its objectives to protect the strategic edge the islands give in the Indian Ocean. The FSRU will assist Hope Town, South Andaman, generate 50 MW of energy, enough to power the islands and replace the present diesel-powered expensive power generation. Improved infrastructure would help India control its borders and trade lines as China expands its naval reach. A&N has India’s sole tri-service command…

Online Financial Fraud Millions of people in India own smartphones, yet the country has the world’s slowest mobile data rates. Personal information about a large number of individuals is shared on the internet, putting such data in danger of theft. Using the term “fraud” means intentionally inflicting harm on another party while gaining an unfair benefit for oneself. It’s a crime and a civil code violation under Indian law. Frauds committed in cyberspace through online media are referred to as “devices” under Section 2(1)(i) of the Information Technology Act, 2000 (hereafter the “IT Act”). Types of Online Frauds People on…