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We must approach tech transformations with due care

Mint Kolkata

|

December 25, 2024

How we deal with technology is getting highly complex. It's the reason we must exercise fine judgement

- RAHUL MATTHAN

Without a doubt, the biggest disappointment of 2024 has to be the fact that India's data protection law is still not in force despite having managed to get through both houses of Parliament in record time in 2023. The rules that were supposed to be issued this year still haven't seen the light of day.

In anticipation of the new law coming into effect, I discussed over the course of the year several issues that still needed to be addressed. In particular, I called for a sensible approach to age-gating—even suggesting zero-knowledge proof tokens as a way out. But none of this will make a difference until the law is brought into force. After all, this is just the first step. We still need to establish a data protection board, put in place mechanisms for audit, cross-border data transfers and the like.

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Of the 1.1 million three-wheelers sold in India this calender year (as of 24 November), more than 687,000, or about 60%, were electric vehicles (EVs), compared with a measly 4.1% for cars and 6.2% for two-wheelers, government data showed.

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time to read

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time to read

2 mins

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Sovereign Al takes off as countries try to avoid overdependence on superpowers

As China and the U.S. race to dominate artificial intelligence, countries are increasingly wary of becoming overly dependent on the superpowers for a technology that could profoundly affect their economic competitiveness and national security.

time to read

1 mins

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TechM lags peers but sticks to its turnaround timeline

Co. expects revenue growth to rise as macroeconomic conditions improve by March 2027

time to read

3 mins

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Wipro to enter pet foods with ‘HappyFur’

Wipro Consumer Care and Lighting, the consumer venture of Wipro Enterprises, is set to enter India’s fast-growing pet food market with a new brand, ‘HappyFur’, said three people aware of the plan.

time to read

2 mins

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PPFAS’s new fund to run like an index fund, with an edge

Fund will use futures market discounts, merger opportunities and index-rebalancing tactics

time to read

3 mins

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Al nostalgia has a new generation loving the 1980s

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time to read

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