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US tells India it is mulling caps on H-1B visas to deter data rules: Report
5 years, 6 months ago

US tells India it is mulling caps on H-1B visas to deter data rules: Report

India Today  

The United States has told India it is considering caps on H-1B work visas for nations that force foreign companies to store data locally, three sources with knowledge of the matter told Reuters, widening the two countries' row over tariffs and trade. A Washington-based industry source aware of India-US negotiations also said the United States was deliberating capping the number …

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Govt, RBI promise to address concerns on data localization rule
5 years, 6 months ago

Govt, RBI promise to address concerns on data localization rule

Live Mint  

New Delhi: The government and the Reserve Bank of India will address all the concerns of technology and e-commerce firms around India’s data storage and protection norms and new legislation that are in the pipeline, an official statement said on Tuesday. The assurance comes after commerce and industry minister Piyush Goyal met representatives of technology and e-commerce firms on Monday …

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How localization of data will affect firms, consumers
6 years, 4 months ago

How localization of data will affect firms, consumers

Live Mint  

Data localization has taken centre stage after the release of a draft e-commerce policy and the Srikrishna report. A 6 April RBI circular said: “All system providers shall ensure that the entire data relating to payment systems operated by them are stored in a system only in India. Last week, RBI told payment firms to submit fortnightly updates on the …

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Govt planning national e-commerce regulator
6 years, 5 months ago

Govt planning national e-commerce regulator

Live Mint  

New Delhi: A national regulator for e-commerce, mandatory data localization and tax sops for data centres are part of an upcoming legislation governing all aspects of electronic commerce in the country, the draft of a national policy showed. While the draft e-commerce policy has strongly recommended data localization, it has suggested a two-year sunset period for the industry to adjust …

Data Commerce Draft National Policy Srikrishna Data Localization Govt Planning