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    TRAI’s internet TV proposal raises concerns over wider OTT regulation, say legal experts

    The Telecom Regulatory Authority of India has proposed a new framework for internet-based linear television distribution. This recommendation could broaden the interpretation of the Telecommunications Act and affect other digital content. Legal experts express concerns over TRAI's jurisdiction regarding OTT services and the implications for freedom of speech. The Ministry of Information and Broadcasting must decide whether to adopt these recommendations.

    No smartphone, no internet? PhonePe brings UPI to 220 million feature-phone users

    At the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, internet-free payments stack pre-loaded on HMD, Nokia, Lava and itel handsets to 200 million-plus Indians still on basic phones.

    IAMAI wants 5% GST dropped for app-based rides

    App-based mobility firms want GST exemption on their platforms. They argue the five percent tax applies unfairly to technology connectors. Drivers often collect fares directly from passengers, not the app. This tax burden impacts drivers and passengers, the industry body stated. Conflicting state rulings add to the sector's prolonged uncertainty.

    MCX, IAMAI sign MoU to bring fintech solutions to commodity markets

    MCX and IAMAI have signed an MoU to set up a Commodity Markets Innovation Council aimed at driving fintech-led innovation in India’s commodity markets. The industry-led platform will bring together stakeholders, startups and technology players to identify challenges, develop digital solutions, improve market access and support wider participation and efficiency.

    India, Saudi Arabia deepen fintech ties with three-year pact for investment, startup expansion

    In a strategic move, India and Saudi Arabia have agreed on a three-year deal aimed at invigorating their fintech sectors and startup ecosystems. This collaboration is focused on enhancing market access and attracting investments. By linking startups and fintech enterprises with investors, the initiative is set to solidify economic relations and technology partnerships, resulting in expanded business opportunities.

    IAMAI seeks sector-specific, phased framework for draft RPwD accessibility rules

    IAMAI has urged the government to reconsider uniform accessibility obligations for persons with disabilities. They propose a sector-specific and phased framework for digital content and services. The industry body highlighted existing sector-specific rules for online curated content providers. IAMAI also raised concerns about proposed compliance timelines and existing frameworks. A proportionate approach is recommended after market and technology assessments.

    The Economic Times
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