This policy unpredictability is accelerating India's brain drain, particularly in tech and digital innovation, where skilled professionals seek more stable environments abroad.
Government's attempt to regulate online gaming sector, particularly games involving financial stakes, is undoubtedly praiseworthy, given that this sector was previously largely unregulated.
The new law, which the government has framed as a moral duty, forced major platforms like Dream11 & Zupee to shut operations, wiping out hundreds of crores in market capitalisation.
If the Act applied to the ‘offline’ games, then ATP tennis tournaments, Davis Cup ties, IPL matches, and even Test cricket, each with cash rewards or trophies, would fall foul.
Before the Promotion and Regulation of Online Gaming Bill was passed in the Lok Sabha, Telangana, Tamil Nadu, Andhra Pradesh and Karnataka brought laws to regulate online gaming.
India should build on regulatory architecture instead of driving consumers into the shadows. The real choice is not between prohibition and inaction, but between regulation and chaos.
New bIll makes no difference between online games of skill & chance, proposing a complete ban on any game played for money, including its endorsement, banking services, etc
FAFT report cites analysis of in-game purchases to highlight link between terror financing & money laundering techniques used either to move or layer funds using gaming platforms.
Consultations for the proposed Karnataka Police (Amendment) Bill are yet to take place. Bill proposes to set up a regulatory authority to oversee online gaming.
Bangladeshi Hindu leaders are either in jail or in hiding. And some journalists who tried to report their continued persecution have either lost their jobs or mysteriously died.
Gurugram: Stirring a storm in Haryana's real estate circles, the Haryana Shehri Vikas Pradhikaran (HSVP)—the state's urban development agency—has taken on the role of...
Of the 40 Tejas Mk-1 aircraft ordered—comprising 16 IOC single-seaters, 16 FOC single-seaters & 8 twin-seat trainers—IAF has received 38 with two trainers yet to be delivered.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
Surprise. Thriving on someone else’s suffering and foolishness.