framework

Internet to remain free and fair in India

Internet will remain free and fair in India as the telecom commission has approved net neutrality. Net neutrality requires service providers to treat all internet traffic equally & prohibits discrimination in the treatment of content. Some mission-critical applications or services like remote surgery and autonomous cars will, however, be kept out of the purview of net neutrality framework.

SEBI to come out with consultation paper

The Securities and Exchange Board of India (SEBI) will soon come out with a consultation paper on making it mandatory for large corporates to meet one-fourth of their financing needs through bond market. SEBI will discuss with stakeholders before finalising the framework for corporates. SEBI is the regulator for the securities market in India and its chairman is Ajay Tyagi.

UNSC adopts resolution to protect children

UN Security Council has adopted resolution 2427 aimed at a framework for mainstreaming protection, rights, well-being and empowerment of children throughout the conflict cycle. The resolution won unanimous approval of 15 members of the council. The resolution strongly condemns the recruitment & use of children by parties to the armed conflict as well as their re-recruitment.

TAC Security launches ESOF

India and USA-based cyber security solutions provider TAC Security has announced a new platform, ESOF (Enterprise Security on One Framework). It would provide organisations to manage their entire IT security and risk assessment needs in one single platform. According to the latest reports the cyber security market in India is projected to grow at a CAGR of 19% during 2018-2023.

India and Cuba sign MoU to strengthen ties

India and Cuba have signed two MoUs in the field of biotechnology, traditional medicine and homoeopathy between President Ram Nath Kovind and his Cuban counterpart Miguel Mario Díaz-Canel. India also offered a soft loan for the solar projects under the framework agreement of the ISA, of which Cuba is a founding member. Mr Kovind also went to Jose Marti at his memorial at Revolution Square.

V. Naidu at Ntl. Consultation on Agriculture

Vice President of India, Shri M. Venkaiah Naidu addressed National Consultation on Agriculture at Vaikunth Mehta National Cooperative Institute of Management. He emphasised on a multi-pronged strategy & creating a policy framework with intensification of Farming. The focus was on marketing and agri Logistics, agri trade policy, transfer of technology and agricultural insurance and credit.

Draft of cross-border insolvency norms

The Ministry of Corporate Affairs is planning to introduce a globally accepted and well-recognised cross-border insolvency framework. It will be fine-tuned to suit the needs of aspirational Indian economy. The Government has taken initiative for Cross-Border Insolvency within the Insolvency & Bankruptcy Code, 2016 (the Code) to provide a comprehensive legal framework.

Workshop on Cyber Security Framework 2018

A workshop on cyber security for Department of Defence was organised by Department Defence Production, MoD. It was inaugurated by Defence Minister Smt. Nirmala Sitharaman. The framework is in line with guidelines for organisations to target the area of cyber security and identify improvements in the area. Joint Secretary and Chief Information Security Officer of DDP is Dr Amit Sahai.

NSE IFSC issues ‘omnibus’ trade framework

NSE IFSC, a subsidiary of the National Stock Exchange, has put in place a framework for ‘omnibus’ trade. It will help overseas investors escape direct registration process and go through authorised brokers. The move will also help in smooth transition of liquidity from Singapore Exchange (SGX) to Indian offshore exchange at Gujarat International Finance Tech (GIFT) City.

Myanmar, UN sign pact for Rohingyas

Myanmar and U.N. agencies signed an agreement that might eventually lead to the return of some of the 700,000 Rohingya Muslims. The MoU signed promises to establish a “framework of cooperation” that aims to create the conditions for “voluntary, safe, dignified and sustainable” repatriation of Rohingya refugees. The U.N. and U.S. have described the army crackdown as “ethnic cleansing”.