Search Results for: data-localization

Telegram founder Pavel Durov faces up to 20 years in prison if convicted

Telegram Founder Durov Arrested Amid Privacy Controversy

Pavel Durov, the Russian-born founder of the popular encrypted messaging app Telegram, has been arrested in France. Durov, who also created the social media platform VKontakte, was apprehended at Le Bourget Airport outside Paris, immediately after he disembarked from his private jet. Aug 25, 2024
India 1st reusable hybrid rocket 'RHUMI-1' launched on Saturday

India's First Reusable Hybrid Rocket Takes Flight, Marks Major Milestone

The RHUMI-1 rocket is 100% pyrotechnic-free and 0% TNT, making it safer and more environmentally friendly. The successful launch of RHUMI-1 marks a significant milestone in India's space exploration journey, demonstrating its growing capabilities in advanced space technologies. Aug 24, 2024
US jobless claims data allays fears over economic slowdown

US Jobless Claims Rise Marginally, Fed Rate Cut Expected

US jobless claims marginally increased, easing fears of a sharp economic slowdown. The US Federal Reserve is expected to cut interest rates to stimulate economic growth. Fed Chair Jerome Powell's upcoming speech is anticipated to provide insights into future policy. The potential rate cut could boost global markets, including India's, by attracting foreign investors. Aug 24, 2024
market

US Rate Cut Fuels Optimism in Indian Stock Markets

The anticipated US rate cut is expected to boost the Indian stock market and various sectors like IT, BFSI, automotive, and real estate. The Indian markets have been on a recovery rally, influenced by positive US economic data and global cues. Aug 24, 2024
India mobile phone exports reach $6.5 billion in April-July, iPhones lead

India's Mobile Phone Exports Soar; Apple Leads The Way with iPhones

India's mobile phone exports have reached a new high, with a significant contribution from Apple's iPhone exports. According to industry data, exports of mobile phones from India reached $6.5 billion in the April-July period of the fiscal year 2025 (FY25), marking a nearly 40% surge from the same period in the previous fiscal year (FY23). Aug 23, 2024
Optiemus begins telecom equipment manufacturing with Tejas Networks

Optiemus Joins Telecom Manufacturing to boast Make in India

Optiemus Electronics has partnered with Tejas Networks to manufacture telecom equipment in India. The partnership aligns with the 'Make in India' initiative and aims to reduce dependence on imports. The venture has boosted Optiemus Electronics' financial performance, with a 29.3% jump in net profit in Q1 FY25. The collaboration is expected to enhance domestic production and contribute to the goal of Atmanirbhar Bharat. Aug 20, 2024
India adds 7.3 crore internet subscribers, 7.8 crore broadband users in 1 year

India's Digital Leap: 73 million new internet users added in a year

India's digital sphere has witnessed a significant spike in the past year, with an addition of 73 million internet subscribers and 78 million broadband users. This substantial increase has brought the total number of telephone subscribers in the country to a staggering 1.199 billion. Aug 20, 2024
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