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.
Public Gambling Act, 1867 prohibits operation of gambling houses. But the Act excludes “game of skill” from definition of gambling, giving states legal room to allow them.
The Centre is discussing steps to tighten loopholes in laws on online gaming amid rising concerns around user harm, financial fraud, and national security.
These regulations are not intervention-based or focused on incentives. Instead, strategies such as counselling or voluntary game limits could promote long-term behaviour change.
CCPA warns that anyone found to be in violation of norms will be subject to stringent measures, including manufacturers, advertisers, publishers, social media platforms, and endorsers.
A new tribe of young gamers is turning passion into profession due to the booming Esports industry in India, which is expected to hit Rs 11-bn by FY2025 from Rs 3-bn in FY2021.
For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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