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India revokes order to preload cybersecurity app Sanchar Saathi on smartphones after outcry

India revokes order to preload cybersecurity app Sanchar Saathi on smartphones after outcry

NEW DELHI, Dec 3 (Reuters) – India’s government scrapped an order to smartphone makers on Wednesday to preload a state-run cybersecurity app Sanchar Saathi on all new devices after an outcry from politicians, privacy advocates and global tech companies over surveillance fears. Prime Minister Narendra Modi’s government had privately told companies including Apple, Samsung and Xiaomi on November 28 to preload new phones with an app that cannot be deleted called Sanchar Saathi within 90 days, Reuters was first to report on Monday. “Government has decided not to make the pre-installation mandatory for mobile manufacturers,” India’s communications ministry said in

Rupee breaches 90/dollar for first time; falls 25 paise to close at all-time low of 90.21

Rupee breaches 90/dollar for first time; falls 25 paise to close at all-time low of 90.21

Mumbai, Dec 3 (PTI) The rupee breached the 90-a-dollar level for the first time to settle at a fresh all-time low of 90.21 (provisional) on Wednesday, down 25 paise from its previous close, amid sustained foreign fund outflows and higher crude oil prices. Uncertainty over the India-US trade deal, along with the lack of Reserve Bank of India (RBI) effort to stop the slide in the local unit, put further pressure on the rupee, according to forex traders. At the interbank foreign exchange, the rupee opened at 89.96 against the US dollar and fell to a record intraday low of

Stock markets drop for 4th day amid relentless foreign fund outflows; Sensex dips 31 points

Stock markets drop for 4th day amid relentless foreign fund outflows; Sensex dips 31 points

Mumbai, Dec 3 (PTI) Stock market benchmark indices Sensex and Nifty ended lower in a largely range-bound trade on Wednesday amid persistent foreign fund outflows and profit-taking by investors. Falling for the fourth day in a row, the 30-share BSE Sensex dipped 31.46 points or 0.04 per cent to settle at 85,106.81. During the day, it dropped 374.63 points or 0.44 per cent to 84,763.64. The 50-share NSE Nifty skidded 46.20 points or 0.18 per cent to 25,986. From the Sensex firms, Bharat Electronics, Mahindra & Mahindra, Titan, NTPC, State Bank of India, Adani Ports, Tata Motors Passenger Vehicles and

Trump deserves credit for ‘very dangerous’ peace deals like India-Pakistan: US Secretary of State Rubio

Trump deserves credit for ‘very dangerous’ peace deals like India-Pakistan: US Secretary of State Rubio

New York/Washington, Dec 3 (PTI) US President Donald Trump has brokered several peace deals, including the “very dangerous ones like India and Pakistan”, and deserves “tremendous credit” for reshaping America’s foreign policy, Secretary of State Marco Rubio has said. During a Cabinet meeting at the White House on Tuesday, Rubio said for the first time in decades, American foreign policy was guided solely by whether it made the US “safer, stronger and more prosperous”. “If it is, he’s (Trump) for it. If it doesn’t, he’s against it. And that sort of clarity is transformational,” he said. “Not to mention all

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