Deepfakes: MeitY gives social media platforms 7-day deadline, to help aggrieved users in filing FIR

The Ministry of Electronics and Information Technology (MeitY) announced on November 24 that it will be giving social media platforms seven days to align their terms of service and other policies with Indian laws and regulations in order to address the hosting of deepfakes on these platforms. This decision was conveyed to social media platforms … Read more

PSU insurers on a tear; LIC, General Insurance and New India Assurance gain up to 20%

Shares of PSU Insurance companies including LIC, GIC and New India Assurance surge up to 17% Shares of public sector insurance companies Life Insurance Corporation of India (LIC), General Insurance Corporation¬†(GIC-Re) and the New India Assurance Company (NIACL) jumped up to 20 percent on November 24 morning. What’s driving the rally in PSU insurers? Analysts … Read more