SOCIAL MEDIA COMPLIANCE
Paytm wallet's return; Inside Jensen Huang’s Nvidia exit
Paytm has received RBI's in-principle approval to restart its wallet business. This and more in today’s ETtech Top 5.
Platforms seek DPDP alignment in NCPCR’s child safety guidelines
In a meeting held by NCPCR on Thursday, the platforms said age-assurance and parental-consent mechanisms under the data protection regime should be harmonised with any NCPCR guidelines rather than being governed by parallel obligations.
Sonam Wangchuk appeals to President Murmu, alleges smear campaign by Ladakh administration
Sonam Wangchuk has expressed concerns to President Droupadi Murmu regarding administrative actions affecting critics in Ladakh. He alleges that a smear campaign is being orchestrated by the Lieutenant Governor's administration against him and others. The appeal follows the cancellation of the land lease for the Himalayan Institute of Alternatives, Ladakh, which he co-founded.
'No escape': ICE, Homeland Security issue warnings against illegal voting as US delves in midterm polls
US Immigration and Customs Enforcement and the Department of Homeland Security issued warnings about illegal voting. They emphasized that illegal voters would face serious consequences, including arrest and deportation. This warning coincides with heightened scrutiny of election security and voter eligibility as the midterm elections approach. The Justice Department has also deployed election monitors to ensure compliance with voting rights laws.
Reddit blasts Australia's 'inept' social media ban as court challenge begins
Australia's world-first teen social media ban was "ill thought out" and amounted to a "profound restriction on political debate", a lawyer for messaging platform Reddit told the country's top court in the first legal challenge to the law.
Delhi's air quality remains 'very poor' to 'hazardous', AQI touches 428
Delhi is facing poor air quality with the Air Quality Index ranging from hazardous to severe. Several areas, including Akshardham Temple and ITO, recorded AQI values in the 'Very Poor' category. Enforcement teams are actively checking vehicles and inspecting construction sites to mitigate pollution. The Delhi Traffic Police have intensified restrictions under the Graded Response Action Plan to control the situation.
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Goldman Sachs asked her to take down her baking TikToks, but this Gen Z employee had other plans; she quit Wall Street instead and is now turning her baking side hustle into a full-fledged business and made cakes for Gigi Hadid, others
Allison Sheehan, a former Goldman Sachs employee, faced conflicts with the firm's compliance team regarding her baking business. She decided to leave her finance career to fully focus on her cake business. After resigning, her production increased significantly, allowing her to create between 10 and 30 desserts each week. She is now exploring expansion plans for her company, including the potential for retail sales.
RBI tightens cyber checks on lenders after spate of hacks
India's banks are facing increased scrutiny from the Reserve Bank of India regarding rising cyberattacks and AI risks. Recent incidents include data leaks and unauthorized transfers from customers' accounts at major lenders. The RBI is pushing banks to investigate vulnerabilities, particularly in their application programming interfaces. Cybersecurity agency recently offered training to officials from numerous financial institutions.
My broken office printer has more job security than me: Corporate employee's rant on why a machine can't be disposed unlike humans goes viral
A corporate employee's account of a printer that has been broken since 2021 but cannot be disposed of because of company policies has sparked online reactions. After repeated rejections from Finance and Facilities, the employee was eventually made the machine's official custodian, joking that it had more job security than he did.
SEBI to make direct mutual fund plans default from November 1; reviews IPO and SME listing rules: Reports
SEBI will make direct mutual fund plans the default option on AMC digital platforms starting November 1, while investors choosing regular plans must be informed about their higher costs. The regulator is also reviewing IPO frameworks, simplifying market regulations and expanding the use of AI to strengthen supervision and investor protection.
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.
EPS pension hike: Can EPFO increase minimum monthly pension from Rs 1,000 at its proposed November 19 meeting?
The Employees' Provident Fund Organisation may discuss increasing the minimum monthly pension under the Employees' Pension Scheme. A proposal to raise the pension from Rs 1,000 is anticipated during the next Central Board of Trustees meeting.
TRAI recommends light-touch regulatory framework for internet-based TV services
TRAI has recommended a light-touch regulatory framework for application-based linear TV distribution services, proposing a one-time entry fee of ₹1 lakh, a processing fee of ₹10,000 and an initial authorisation valid for 20 years.
Zero maida: Britannia ordered to stop misleading ads saying its bread is '100% whole wheat' because atta made up only around 62% of the finished product
CCPA has ordered Britannia Industries to withdraw advertisements claiming its bread is “100% Whole Wheat Bread”, finding the claim misleading because whole wheat flour accounts for around 62% of the finished product. The authority rejected the company's defence and directed it to pay a penalty and submit a compliance report within 15 days.
Company forces employee to travel halfway across the world to work from office, then fires him days later
An anonymous employee has claimed on Reddit that his company gave him 10 days to return from abroad and work from the office, despite his plans to travel home a month later. After spending heavily on a last-minute flight, he said he was fired shortly after arriving, with HR citing policy violations and older workplace issues. The company reportedly paid severance equivalent to 10 weeks' salary, sparking debate over return-to-office mandates and workplace fairness.
eMudhra shares crash another 4%, down 40% in 3 sessions. What's behind this free fall?
eMudhra will exit its global SSL/TLS certificate business following a security incident involving compromised private keys linked to eight intermediate Certificate Authority certificates. The segment contributes about 1% of its global revenue. The development follows a sharp 37% decline in eMudhra shares over the previous two trading sessions.
Tu Hai Meri Kiran release date: Bombay High Court allegedly puts Zaheer Iqbal and Sonakshi Sinha’s upcoming movie on hold. Here’s why
According to the recent report, the Bombay High Court has temporarily halted the release of Tu Hai Meri Kiran amid financial disputes between the involved parties. Co-producer AND Movie Products LLP alleges that Echelon Productions has not returned an investment of Rs 8.85 crore. Read on to know what happened next.
Meta tells Brazil's electoral court it treats Lula and Flavio Bolsonaro equally ahead of Sunday vote
Meta has taken steps to comply with a court order for equal treatment of presidential candidates in Brazil. The electoral court directed the company to ensure balanced platform coverage before the upcoming runoff election. This follows allegations from President Luiz Inacio Lula da Silva's campaign regarding biased algorithms favoring his opponent, Flavio Bolsonaro. Meta has implemented measures to uphold electoral advertisement regulations amidst growing tensions.
Tech under pressure on AI jitters, dollar slips: Markets wrap
South Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest close since April. MSCI Inc.’s Asia Pacific Index fell 1%, diverging from Monday’s tech-led gains on Wall Street.
FSSAI asks food business operators to ensure temperature-controlled transport for all perishables
In a recent advisory, the FSSAI outlined essential guidelines for transporting perishable food items that require specific temperature control. It is imperative for Food Business Operators to maintain hygiene protocols and consistent temperatures during distribution. State food safety officials will closely oversee compliance, and violations may invoke severe penalties, including the potential seizure and destruction of food products.
Children have fundamental right to access internet, can't impose blanket ban on its use: SC
The Supreme Court affirmed the right to access the internet as fundamental for children. It ordered the creation of a national database to detect and remove harmful content targeting minors. The court emphasized the importance of content moderation while ensuring child safety online. It implemented measures to combat the increase in child sexual exploitation material on digital platforms.
FSSAI's legal action against Priyagold biscuits for using cattle feed bran, 2 others also in net
FSSAI has initiated legal proceedings against Surya Food & Agro for using cattle feed in its biscuits. Dodla Dairy's milk sample was found substandard due to unsafe substances after laboratory testing. UEIR Organic Foods had pesticide residues in yellow raisins, prompting regulatory action. These actions demonstrate the ongoing commitment to food safety regulations in India. The regulator's steps aim to ensure compliance with food safety standards among manufacturers.
FSSAI issues notices to BigBasket, Flipkart, Gemini Edibles over misleading claims
The Food Safety and Standards Authority of India issued notices to three companies for misleading health claims. Gemini Edibles & Fats India, as well as e-commerce platforms BigBasket and Flipkart India, were implicated. The claims regarding cholesterol and health benefits of rice bran oil do not comply with regulations. Furthermore, Gemini was found to lack a valid license for e-commerce activities.
Only 45 stations closed, not total ban: DMRC in SC; chief apologises
The Delhi Metro Rail Corporation informed the Supreme Court that there was no complete suspension of services during the protests on October 10. Restrictions on entry and exit at 45 stations were implemented at the request of police, yet 258 stations remained operational, and normal train services continued despite a drop in ridership due to the protests.
EPFO extends ECR deadline to October 31, 2026: Employers to get 16 more days to file employees’ EPF, EPS and EDLI data
The EPFO has extended the September 2026 ECR filing deadline for employers from October 15 to October 31, following the increase in the PF wage ceiling from Rs 15,000 to Rs 25,000. Employers must calculate contributions using the applicable wage ceilings. Meanwhile, eligible establishments can apply under the EPFO Amnesty Scheme 2026 for retrospective regularisation of exempt PF trusts by December 28, 2026.
Rs 5 lakh crore worth FII outflows since 2024 capital gains tax hike wreak havoc on Dalal Street. Is a reversal on the cards?
Foreign investors have sold over Rs 5 lakh crore of Indian equities since the 2024 capital gains tax hike, with outflows intensifying in 2026. Finance Minister Nirmala Sitharaman’s comments on LTCG and STT have revived hopes of tax relief, but analysts remain divided on whether any rejig can trigger a sustained FII comeback.
PM GatiShakti completes 5 years, next phase focuses on multimodal connectivity: Piyush Goyal
Union Commerce and Industry Minister Piyush Goyal on Tuesday said the PM GatiShakti National Master Plan would continue to support multimodal connectivity, faster infrastructure development and greater logistics efficiency as the initiative completed five years.
MeitY advises social media platforms to combat misinformation and ensure public order
In an advisory issued on Thursday, the ministry asked platforms to exercise “enhanced diligence” over content being circulated in connection with ongoing public events and developments.
National Medical Commission bans doctors & hospitals from using AI-generated patient testimonials, fake cure claims in medical ads
The National Medical Commission has implemented new ethical advertising guidelines affecting doctors and hospitals. These guidelines prohibit the use of artificial intelligence for generating promotional content or testimonials. Measures have also been taken to restrict paid patient solicitation and misleading claims in advertisements. Strict penalties have been established for non-compliance, including warnings and license suspensions.
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