Search Results: digital (1572)

Amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021

Amendments to the IT (Intermediary Guidelines and Digital Media Ethics Code) (IT Rules, 2021) were notified on October 28 by the Ministry of Electronics and IT (MeitY).The draft generated considerable discussion and comment on the regulation of social media in India. All of these initiatives are geared toward providing the country’s digital nagriks with an accessible, trustworthy, and accountable internet.

RBI

The digital rupee pilot project has been started in the Wholesale segment from November according to the statement of RBI on ‘Operationalization of Central bank digital currency – Wholesale pilot project. According to the RBI it is a step to make the inter-bank market more efficient. Th settlement in central bank money would reduce transaction cost. Based on the learning from the first phase of the pilot project , the future ones will focus on other wholesale transactions and cross-border payments