Poging GOUD - Vrij

Online game Bill sparks outcry in legal circles

Financial Express Chandigarh

|

August 21, 2025

THE PROMOTION AND Regulation of Online Gaming Bill has taken the legal fraternity by surprise.

- JYOTSNA BHATNAGAR

Top lawyers have described it as a draconian measure that not only threatens a booming ₹2-lakh crore industry but also endangers the livelihood of lakhs of people employed in the sector. They said the contentious Bill carries severe legal ramifications.

Expressing her deep disappointment, Ranjana Adhikari, head of technology, media and telecommunications (TMT) at law firm Shardul Amarchand Mangaldas, said: "This step is deeply disappointing and contrary to the expectations that this sunrise industry had from the regulators. In the past few years, this industry has contributed significantly to India's digital economy and Make-in-India vision, through tax revenue, job creation and innovation. The Bill also seemingly disregards long-standing legal precedents that protect the right to pursue legitimate businesses like skill gaming as fundamental rights. Blanket bans will only push the consumer to illegal sites, and expose the user to more vulnerability."

MEER VERHALEN VAN Financial Express Chandigarh

Financial Express Chandigarh

Gold, silver rally to extend record run, say analysts

GOLD AND SILVER prices are poised to maintain their record-setting rally in the coming week as investors focus on global inflation data and key macroeconomic indicators that shape central bank policy paths, analysts said.

time to read

1 min

December 15, 2025

Financial Express Chandigarh

ED aims to end legacy FERA cases by early 2026

THE ENFORCEMENT DIRECTORATE has decided to bring to a conclusion cases registered under the Foreign Exchange Regulation Act (FERA), which was repealed by the country more than 25 years ago in 1998.

time to read

1 min

December 15, 2025

Financial Express Chandigarh

Sebi fines Refex for insider trading

Industries on Sunday said the Securities and Exchange Board of India (Sebi) has imposed a penalty of ₹10 lakh on its chairman and managing director Anil Jain, and a joint penalty of ₹25 lakh on Kamlesh Jain and the Jain Family Trust, for alleged insider trading violations involving the company’s shares.

time to read

1 min

December 15, 2025

Financial Express Chandigarh

Major customs rejig on the anvil

THE GOVERNMENT MAY undertake a major exercise to reduce the basic customs duty or import tariff on a large number of goods, especially critical raw materials and intermediate goods, in the Budget for FY27.

time to read

1 min

December 15, 2025

Financial Express Chandigarh

Delhi AQI at 461 sets record for 2nd-worst Dec day

THE AQI IN Delhi climbed to 461 on Sunday and marked the city’s most polluted day this winter and the second-worst December air quality day on record, as weak winds and low temperatures trapped pollutants close to the surface.

time to read

2 mins

December 15, 2025

Financial Express Chandigarh

Fintechs eye gains from cross-border payments

Easier RBI norms end dependence on banks, open up the market

time to read

2 mins

December 15, 2025

Financial Express Chandigarh

Budget may unveil next round of PSB reforms

FDI hike, phased dilution of govt’s stake to 51% on the table

time to read

1 min

December 15, 2025

Financial Express Chandigarh

Nifty still fumbling at the top

THE NIFTY CLOSED Friday with a gain of 148 points or 0.57%, ending the week at 26,046, but still recording a weekly loss of 140 points or 0.53%.

time to read

2 mins

December 15, 2025

Financial Express Chandigarh

‘Consumption demand likely to be sustained’

CS SETTY, CHAIRMAN, SBI

time to read

1 mins

December 15, 2025

Financial Express Chandigarh

When Prada prices our heritage

IT REVEALS GLOBAL APPETITE FOR INDIAN DESIGNS—AND INDIA'S FAILURE TO MONETISE THEM

time to read

3 mins

December 15, 2025

Listen

Translate

Share

-
+

Change font size