Intentar ORO - Gratis
Playing by the rules
BUSINESS ECONOMICS
|February 1 - 28, 2023
With the idea of guaranteeing that online games comply with Indian laws and to protect users against probable harm, the Ministry of Electronics and Information Technology (MeitY) issued draft amendments concerning online gaming on January 2, 2023.
The Minister of State at MeitY Rajeev Chandrasekhar mentioned that the draft recommends a self-regulatory system that, in the future, may also govern the content of online gaming.
India is home to a booming gaming market. It is a very significant slice of the start-up ecosystem. According to the gaming and interactive media fund, Lumikai, with around 900 gaming establishments and 500 million gamers, the market is estimated to be worth $8.6 billion by 2027, up from $2.6 billion in 2022. The rising fame of online gaming, particularly during the Covid-19 years, produced three unicorns in 2022 namely - Dream11, MPL and Games24x7.
Rules of the Game
Meity has suggested a modification to bring online gaming under the domain of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules of 2021. The suggestion, which is part of the draft online gaming policy that will be subject to public consultation till January 17, tries to consider online gaming establishments as intermediaries. The guidelines recommend a supervisory outline for online gaming intermediaries, which accept consumer deposits and create anticipations of winnings. Intermediaries are how the IT Rules define units that enable the flow of data on the internet. For example, search engines like Google, social media platforms like Facebook, broadcasters, and OTT platforms are all intermediaries. In the gaming context, any platform that offers at least one online game is a gaming intermediary.
Esta historia es de la edición February 1 - 28, 2023 de BUSINESS ECONOMICS.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE BUSINESS ECONOMICS
BUSINESS ECONOMICS
Linc Limited honoured as one of the "Most Trusted Brands of India (2026-2027)" by Marksmen Daily (6th Edition)
Linc Limited is proud to announce its recognition as one of the \"Most Trusted Brands of India (2026-2027)\" by Marksmen Daily in its 6th Edition.
1 min
May 1 - 31, 2026
BUSINESS ECONOMICS
India opts green energy for sustainable growth
India is the world's third-largest producer and consumer of electricity, following China and the United States, with a total installed capacity exceeding 530 GW as of March 2026.
8 mins
May 1 - 31, 2026
BUSINESS ECONOMICS
Banking Prudence
A familiar tension is visible in the Indian banking sector as the Reserve Bank of India pushes lenders towards a more rigorous, forward-looking assessment of loan risks.
2 mins
May 1 - 31, 2026
BUSINESS ECONOMICS
Bank of Maharashtra opens its 71st Branch in West Bengal and 74th Branch in Kolkata Zone, Bandel
Bank of Maharashtra (BOM) inaugurated its 71st Branch in West Bengal and 74th in the Kolkata zone.
1 min
May 1 - 31, 2026
BUSINESS ECONOMICS
Stop treating education as a sectoral input or a numbers game
He is a writer and education thinker focused on India's education landscape.
6 mins
May 1 - 31, 2026
BUSINESS ECONOMICS
Journey of Sandip Nowlakha: Building a Legacy in the Food & Beverages Business
Sandip Nowlakha has established one of the most respected portfolios in vegetarian food and hospitality across Eastern India.
1 min
May 1 - 31, 2026
BUSINESS ECONOMICS
Waaree Renewable Technologies Ltd
Waaree Renewable Technologies is an Indian renewable energy company engaged primarily in the engineering, procurement, and construction (EPC) of solar power projects was incorporated in 1999 earlier known as Sangam Renewables Limited and was rebranded as Waaree Renewable Technologies Ltd in the year 2021.
3 mins
May 1 - 31, 2026
BUSINESS ECONOMICS
Novotel Kolkata Hotel & Residences appoints CA Tushar Joshi as Finance Controller
Novotel Kolkata Hotel & Residences is delighted to announce the appointment of CA Tushar Joshi as Finance Controller.
1 min
May 1 - 31, 2026
BUSINESS ECONOMICS
Role of Remittances once again to the fore
The IMF-World Bank Annual Spring Meetings which were held in Washington, D.C. on (13-18 April 2026), were overshadowed by the escalating conflict in West Asia, with global leaders warning of \"substantial\" economic shocks.
5 mins
May 1 - 31, 2026
BUSINESS ECONOMICS
The West Asia crisis is a wake-up call for India to reduce petroleum intensity
India remains heavily dependent on petroleum imports, with domestic production meeting only a small fraction of total consumption.
3 mins
May 1 - 31, 2026
Translate
Change font size

