The NFA Post https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Thu, 20 Apr 2023 15:56:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean Government Unveils New Era Of Responsible Online Gaming Through Strict Guidelines https://thenfapost.com/2023/04/20/government-unveils-new-era-of-responsible-online-gaming-through-strict-guidelines/ Thu, 20 Apr 2023 15:55:03 +0000 https://thenfapost.com/?p=258598 It will ensure safety of Digital Nagriks and accountability of online gaming industry New Delhi, NFAPost: Betting and gambling activities are banned under various State laws, while few games of skill have been held to be constitutionally valid by the Supreme Court in various judgements. In this legal landscape, the online gaming industry in India […]]]> Self-regulation Useful Tool For Setting Rules For Fintechs: RBI Official https://thenfapost.com/2023/03/13/self-regulation-useful-tool-for-setting-rules-for-fintechs-rbi-official/ Mon, 13 Mar 2023 01:30:17 +0000 https://thenfapost.com/?p=247241 The central bank’s deputy governor says RBI has endeavoured to find a middle ground trying to balance between the innovation brought by fintechs and the unique risk they introduce Mumbai, NFAPost: The country’s fintech sector should attempt to organise itself under a self-regulatory organisation (SRO) that monitors the conduct of member fintech entities. This approach […]]]> Govt Panel Calls For Regulatory Body, New Law For Online Gaming: Report https://thenfapost.com/2022/09/19/govt-panel-calls-for-regulatory-body-new-law-for-online-gaming-report/ Mon, 19 Sep 2022 00:36:42 +0000 https://thenfapost.com/?p=199817 In its confidential draft report dated Aug 31, the panel of govt officials calls for creation of a new regulatory body under IT ministry to determine which online games qualify as games of skill New Delhi, NFAPost: India should create a regulatory body to classify online games as based on skill or chance, introduce rules […]]]> Indian Economy Relatively Better Placed Amid Grim Global Scenario: RBI Governor https://thenfapost.com/2022/07/23/indian-economy-relatively-better-placed-amid-grim-global-scenario-rbi-governor/ Sat, 23 Jul 2022 02:36:37 +0000 https://thenfapost.com/?p=188238 -“RBI has been supplying US dollars to the market to ensure adequate supply of liquidity,” Governor Shaktikanta Das said. -Central bank last month banned the loading of prepaid payment instruments from credit lines New Delhi / Mumbai, NFAPost: The Indian economy is “relatively better placed amid grim global scenario,” RBI Governor Shaktikanta Das on Friday […]]]> RBI Announces Four-tiered Regulatory framework For Urban Co-op Banks https://thenfapost.com/2022/07/20/rbi-announces-four-tiered-regulatory-framework-for-urban-co-op-banks/ Wed, 20 Jul 2022 01:22:14 +0000 https://thenfapost.com/?p=188066 A minimum net worth of Rs 2 crore for Tier 1 UCBs operating in single district and Rs 5 crore for all other UCBs (of all tiers) has been stipulated New Delhi, NFAPost: The Reserve Bank of India (RBI) has announced four-tiered regulatory framework and other changes for urban co-operative banks. RBI had constituted the […]]]> Singapore-based Sea’s Ecommerce Unit Shopee To Shut India Operations https://thenfapost.com/2022/03/28/singapore-based-seas-ecommerce-unit-shopee-to-shut-india-operations/ Mon, 28 Mar 2022 13:29:59 +0000 https://thenfapost.com/?p=163867 The withdrawal, effective beginning March 29, comes weeks after India banned Sea’s popular gaming app ‘Free Fire’ Singapore, NFAPost: Ecommerce and gaming firm Sea Ltd said it is withdrawing from India’s retail market just months after starting operations there, the second pullback this month in an overseas expansion drive, as the loss-making firm faces a […]]]> World Is Highly Influenced By Tech In Totality; Innovative Ideas Produce High Biz Revenue: Agam Pandit https://thenfapost.com/2022/02/03/world-is-highly-influenced-by-tech-in-totality-innovative-ideas-produce-high-biz-revenue-agam-pandit/ Thu, 03 Feb 2022 05:00:44 +0000 https://thenfapost.com/?p=149296 Agam Pandit, an Indian-origin young and dynamic entrepreneur, is currently the Managing Director and CEO of Asia Region of Quantum Age Corporation and Managing Partner/ Executive Vice President for Global Operations at ADC Energy. His focus on the entrepreneurial journey has made a deep impact in multiple companies and intervention in top-notch scientific establishments, including […]]]> Investor Friendly: Sebi Reduces Post-IPO Lock-in Period For Promoters To 18 Months https://thenfapost.com/2021/08/07/investor-friendly-sebi-reduces-post-ipo-lock-in-period-for-promoters-to-18-months/ Sat, 07 Aug 2021 00:33:14 +0000 https://www.thenfapost.com/?p=105421 Mumbai, NFAPost: The Modi-led government has rolled out a slew of investment-friendly initiatives, including various company disclosure regulations, led by the Securities and Exchange Board of India (Sebi) in a circular released on Friday. Sebi issued this reform agenda after the annual board meeting in Mumbai. In a statement, Sebi said the Board considered and […]]]> Huawei 5GC Passes 3GPP SCAS Testing And GSMA NESAS Evaluation https://thenfapost.com/2021/06/01/huawei-5gc-passes-3gpp-scas-testing-and-gsma-nesas-evaluation/ Tue, 01 Jun 2021 12:31:19 +0000 https://www.thenfapost.com/?p=85968 Huawei becomes the first company to international security specifications like SCAS Testing, GSMA NESAS Evaluation Bengaluru, NFPost: Huawei’s UNC, UDG, UPCF, and UDM passed the 5G Core (5GC) Security Assurance Specifications (SCAS) testing defined by 3GPP. The testing was performed by SGS Brightsight in the Netherlands. Furthermore, the test report has been released on the […]]]> Zoomcar Offers Safe Commute Option With Maximum Comfort https://thenfapost.com/2021/04/27/zoomcar-offers-safe-commute-option-with-maximum-comfort/ Tue, 27 Apr 2021 00:40:29 +0000 https://www.thenfapost.com/?p=75098 Zoomcar is ensuring keyless entry for fully sanitised cars, easing the mobility challenges for customers to help battle the second wave of the pandemic.   Bengaluru, NFAPost: While the entire nation is fighting a battle against the second wave of Covid-19, India’s largest self-drive mobility platform Zoomcar comes forward to help people reach the vaccination […]]]>