The government’s amendments target price transparency, search rankings, sponsored listings, dark patterns, consumer complaints and data use on e-commerce platforms NEW DELHI: The government has amended the Consumer Protection (E-Commerce) Rules, 2020, notified under the Consumer Protection Act, 2019, to tighten norms governing how online marketplaces display prices, search results and sponsored content, while imposing…

FATF vice-president Vivek Aggarwal asked the fintech industry to step up their investments to counter emerging threats from AI, scam compounds and other technologies and said these challenges are a major risk to India’s growth story MUMBAI: Vivek Aggarwal, the first Indian bureaucrat elected to the Financial Action Task Force (FATF), said risks from virtual…

RBI Governor Sanjay Malhotra said fintech’s biggest promise lies in how widely its benefits can be felt across society NEW DELHI: Reserve Bank of India Governor Sanjay Malhotra on Thursday said India has an opportunity to become a trusted partner in shaping the future architecture of global finance, while highlighting the country’s expanding fintech ecosystem…

Benchmark stock indices fell for the third straight session on Wednesday, with the Sensex plunging 813 points to a nearly three-month low and the Nifty slipping below 23,450 as escalating West Asia tensions pushed crude oil prices above $100 a barrel. The 30-share BSE Sensex tumbled 813.35 points, or 1.08%, to close at 74,764.23, its…