India’s Personal Data Protection Bill, 2019 defines who owns the data, who can use it and under what circumstances. Though US tech companies are unlikely to welcome some of its provisions on data localisation, it will prevent data colonisation in line with the broad global consensus on the issue. Highlights: The Personal Data Protection (PDP) Bill currently under deliberation is set to legislate rules and requirements on data sovereignty. According to the bill, sensitive data relations financial status, health, sexual [...]
Byju Raveendran is the CEO and Founder of BYJU’S, the world’s highest-valued edtech start-up. In this interview,...
A skilled workforce, prime geographic location, financial incentives and tremendous support from the government are a few factors that make Serbia a hotspot for foreign investments. Highlights: Serbia is referred to as the crossroad of Europe due to its position in the central Balkan Peninsula, on the most important route linking Europe and Asia. The country offers foreign investors a 10-year Corporate Profit Tax Holiday if they hire more than 100 employees and invest more than €8.5 million. Serbia also [...]
As China continues to pose as a threat, India can find a strong ally in the United States. Highlights: “Dual use” items are a less discussed yet crucial element that underlines and propels closer ties between the US and India. Over the years Washington has responded to India strengthening its STC regulations by upgrading its ranking vis-à-vis US domestic STC laws, effectively bringing it on par with its NATO partners. Indo-US defence and trade ties will continue to grow, as [...]