Archives for data localization
Why Is India Inc Rallying For Data Localisation? The Answer Lies In The Digital Payments Space
As the chorus around data localisation grows stronger by the day, large tech firms are following suit. It looks like India’s push for data localisation has found new favour with homegrown IT conglomerates and firms who are ploughing in billions of dollars in strengthening the data infrastructure in India. Case in point — Gautam Adani…
The post Why Is India Inc Rallying For Data Localisation? The Answer Lies In The Digital Payments Space appeared first on Analytics India Magazine.
In the latest move in a back-and-forth between Indian regulators and foreign companies, the United States has allegedly told India that it is considering restricting the popular H-1B work visas for the country. This is a risky move for India’s position in the global labour market, as over 70% of all H-1B visa applicants are…
The post RBI’s Data Localization Sees Backlash From US, May Restrict H-1B Visas appeared first on Analytics India Magazine.
The Reserve Bank of India recently released a statement addressing the concerns of financial technology companies operating in the country. After enforcing stringent data localization norms on FinTechs operating in the country, the RBI has revised its stance. Upon a meeting of the Commerce Minister with heads of e-commerce and technology companies, the Government released…
The post RBI Relieves Pressure On Fintechs: Data Localization Bill Under Reconsideration appeared first on Analytics India Magazine.