Report

Supreme Court directed the Centre on July 21 to provide it with information on the preventative, corrective, and remedial actions taken by state governments thus far in accordance with its previous hate speech judgments within six weeks. A bench of Justices directed the Secretary of the Ministry of Home Affairs to collect the material into a pamphlet. SC was considering appeals against claimed hate speech directed at a certain population.

Reserve Bank of India gave banks and non-banking financial companies (NBFCs) a three-month extension on June 21 to comply with certain rules connected to providing credit and debit cards, including card activation without clients' approval. Banks and NBFCs were supposed to adopt Master Direction on "Credit Card and Debit Card - Issuance and Conduct Directions, 2022" on July 1. The schedule for implementing remaining aspects of Master… read-more

Indian Tourism will not return to pre-pandemic levels till 2026, according to the National Council of Applied Economic Research (NCAER). Report suggests, Indian tourism was 96% below its pre-pandemic numbers till June 2021. The revival is expected to be steady by 2025, around half of what it was in 2019. Moreover, India is witnessing partial lockdown and restrictions due to Omicron and COVID-19, putting travel plans on hold. 

Office at the Director of National Intelligence in a recent report over the UFO's sightings could only explain one out of the 144 sightings between 2004-2021. The report did not explicitly speak of extraterrestrial life but did not deny its existence either. The report, however, stated that these sightings could "pose a challenge to US national security." It also said that pilots are not equipped to identify unusual ariel objects.

India is likely to introduce a bill to ban the cryptocurrencies and criminalise the ownership, issuance, mining, trading and transferring of the digital currency. According to a government official, the bill can be touted as one of the harshest policy measure against virtual currencies as, after the passage of the bill, India will become the first major economy to penalise cryptocurrency' possession. However, it will grant a 6-month time-… read-more