Prøve GULL - Gratis
Sledgehammer approach
Financial Express Delhi
|August 22, 2025
Stringent regulation would have been a more prudent strategy than an outright ban on real money games
-
No one doubts the government's argument that addiction to online gaming has brought widespread distress to many middle-class families and caused them serious financial, social, and psychological harm. But the question is whether a sledgehammer approach of criminalising and banning the entire industry was the best option left. In a different context, veteran banker Uday Kotak once said halting movement of traffic is an impractical solution to the problem of accidents on Indian roads. By proposing a blanket ban on online money gaming, the government has tried to do exactly the same. The intent seems inclined more towards prohibition than regulation, but prohibition doesn't help; it rather pushes people towards illegal avenues—in this case, illegal betting apps based on offshore platforms.
Denne historien er fra August 22, 2025-utgaven av Financial Express Delhi.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Delhi
Financial Express Delhi
Permissionless is new power
THE BUREAUCRATIC CORPORATION, THAT GRAND RELIC OF THE 20TH CENTURY, IS FAST APPROACHING EXTINCTION
4 mins
December 11, 2025
Financial Express Delhi
Trump, seeking economic reset, insists smart people back tariffs
PRESIDENT DONALD TRUMP said people were \"starting to learn\" the benefits of his tariff regime as he sought to convince voters his administration was moving to address affordability concerns, taking to the road in hopes of countering a mounting political vulnerability.
1 mins
December 11, 2025
Financial Express Delhi
Fast adoption, not invention, to define AI winners: Nadella
MICROSOFT CHAIRMAN AND Chief Executive Satya Nadella on Wednesday said that the winners of the global AI race will be determined by how quickly countries and companies adopt the technology rather than who invents it.
1 min
December 11, 2025
Financial Express Delhi
When a commander lost control
OVER THE LAST THREE YEARS, PIETER ELBERS HAS STEERED INDIGO'S MARKET SHARE DOMINANCE IN THE INDIAN AVIATION INDUSTRY
3 mins
December 11, 2025
Financial Express Delhi
Kotak expects Nifty to rise 13% by 2026
KOTAK SECURITIES IS seeing a 13% upside from the current level for the Nifty 50 and expects it to hit 29,120 level by December 2026 in its base case scenario.
1 mins
December 11, 2025
Financial Express Delhi
India's offer is the best we've ever got: USTR
· US team in Delhi for trade deal talks
1 min
December 11, 2025
Financial Express Delhi
India-EU deal blueprint almost ready, says Goyal
FTA TRACKER
1 mins
December 11, 2025
Financial Express Delhi
US court reverses $1-bn order against Byju Raveendran
A US BANKRUPTCY court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn - the parent firm of edtech platform Byju's.
1 min
December 11, 2025
Financial Express Delhi
Digi payments: SBI & BoB get nod to set up intelligence arm
STATE BANK OF India (SBI) and Bank of Baroda (BoB) have received approval from the Reserve Bank of India (RBI) to form section-8 companies under the Companies Act, 2013 for digital payments intelligence platform called Indian Digital Payment Intelligence Corporation (IDPIC), lenders informed the exchanges on Wednesday.
1 min
December 11, 2025
Financial Express Delhi
UK MSMEs major gainers from FTA
BUSINESSES FROM THE UK are deepening their engagement with Indian medium, micro and small enterprises (MSMEs) with 58% of UK firms in India are classified as MSMEs, a report by Grant Thornton shows.
1 min
December 11, 2025
Listen
Translate
Change font size
